Indianapolis Area Real Estate Blog

A Silver Lining for Property Taxes?

Property Taxes in Indianapolis has been the subject of many articles, questions and water cooler converstaions. I have even cast my voice into the well of objective (okay, maybe not objective) opinions. My objectivity is clouded, not by my personal agenda, but, by what I see happening and how it has affected the advice I can provide my clients, as well as my ability to negotiate in the best interest of my clients.

I wasn't going to write anymore about the tax situation.....then, I was asked recently if there is a silver lining in the property tax fiasco. I am generally conservative in my opinion of future events, especially when those events are left to the decisions of politicians who have failed to deliver on their promises.

Yes, I believe there is a silver lining.....

The sharp rise in property taxes has provided a sense of awareness among the community. While many have bemoaned their tax bill, many more have accepted the challenge to effect a difference in property taxes in Indianapolis and around the state.

We, the people, have before us an opportunity to stand and be heard. It is the voices heard today which will create the change for tomorrow.

It may not seem like much of a silver lining, however, the people spoke and have already effected a change. The Govenor has ordered a reassessment and the property tax has been stayed at last years rate. We should not be complacent in the meantime. We have the chance to make a difference in the future of property taxes in Indianapolis!

Whether we can successfully abolish property taxes remains to be seen. I believe the outcome and outcry of this tax crisis will finally bring much needed reform to the process of assessments and the inequality of taxes paid by homeowners vs. businesses.

While, I personally support the agenda of Advance America and believe every American should have the opportunity to own their home (without the threat of tax liens), I challenge every homeowner, future homeowner, Realtor, builder, contractor, investor and otherwise to let their voices be heard regarding their own opinion and resolution to the property tax debate.

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