The Marion County Appraiser?s office is required by state law to visually and physically reappraise 17 percent of the county?s real estate and personal property every six years.
That means every property in the county will be appraised once every six years.
Ray Cook, who recently succeeded Cindy Magill as Marion County?s appraiser, said this year?s reinspections will include the townships of Doyle, Gale, Peabody, Risley and Logan, as well as Burns, Goessel and Tampa.
?The reinspection will be reflected in the 2015 valuations,? he said.
Last year?s reinspections were in the townships of Clear Creek, Liberty and West Branch and the city of Peabody.
?Those will be reflected in the values that go out this March,? he said.
Lost Springs and Wilson townships, plus the cities of Durham and Hillsboro will have reinspections in 2015.
?We re-value everything every year,? Cook said, ?and we reinspect everything every six years.?
Value notices
Property value notices will be sent to taxpayers by March 1, according to Cook.
Property owners then have 30 days from the date of that notice to ask for a hearing if they wish to appeal their valuations.
Cook said the appraisal office has until mid-May to complete the hearings and send decisions to the property owners who appealed.
Valuations are then submitted to the county clerk?s office in June, he said. By July 15, the county clerk?s office certifies real estate and personal property valuations.
?Taxpayers have to have renditions in to the appraiser?s office by March 15, and April 1 on oil and gas,? he said.
Value notices on those two items are mailed by May 1 and taxpayers have until May 15 to appeal personal property, which he said could be automobiles or anything movable.
?A home is real estate because it is not movable,? he said. ?If you can pick it up and move it, it is personal property.?
Although the appraiser?s office re-values everything each year, Cook said, recent sales are considered.
Market changes
?The market is constantly changing and that is what we have to recognize every year. Sometimes it changes more than other times and sometimes it doesn?t change at all,? he said.
Things that could influence an increase or decrease in valuation include plumbing or electrical updates, a new roof or new siding, but again it would depend on the market.
One example, he said, was if someone paid $50,000 for a house today and didn?t do anything to it for two years.
?Chances are pretty good the value of that house is going to be more than $50,000 in two years,? he said. ?Are you going to sell it for the same $50,000 you bought it for? More than likely, it will go up based on the market.?
It is possible the house could decrease in value, Cook added. A lot of that depends on where the property owner lives.
Parcels
According to information provided by the appraiser?s office, there are about 12,000 parcels of land in Marion County.
The county has about 640 records of commercial properties and 2,000 records of individual personal properties. Oil and gas records total 229 and 114, respectively.
The county has 12 cities, 24 townships and five main school districts.
For more information on valuation or other issues, call 620-382-3715, email: appr@marioncoks.net or stop by the office at 200 S. Third St., Suite 2, Marion.