The Assessor’s Office is responsible for estimating the market value in use for each parcel of real property in the county. Currently, Owen County has over 17,000 parcels. The State of Indiana determines the procedures, rules, and regulations that all 92 countries must adhere to in the development of estimates of market values in use. The estimate of value in use becomes the assessed value (AV). An assessed value is determined for each parcel on an annual basis.
Regardless of the type of property being assessed, the Assessment date is January 1st of every year. This means if you tear something down, sell a piece of property, or build or buy something new, after the 1st of the year, the value will not change until January 1 the following year. There are exceptions as it relates to Natural Disasters. If you have any questions as to what applies, please contact us and we will walk you through the process.
Deduction Information: For information regarding the homestead deduction, over 65 deduction, and other deductions, contact the Auditor’s Office at 812-829-5000.
Contact Us
60 South Main Street, Room 100,
Spencer, IN 47460
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The primary duties of the county assessor are to:
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Certify assessed values to the county auditor. {IC 6-1.1-4-24}
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Serve as the secretary of the county property tax board of appeals {IC 6-1.1-28-1}, the entity that hears all property tax assessment appeals within the county.
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Perform the duties of a township trustee-assessor who fails to perform his or her duties in a timely manner. {IC 36-2-15-5(b)}
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Select the assessment computer system used by all the assessing officials in the county.
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Discover and assess property omitted by the township assessor and trustee/assessors.
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Equalize assessments in the county.
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Advise and instruct all township assessors in his or her county as to their duties.