Assessed value increases hitting businesses, too

By: Andrew Berger

Outlets: Indiana Capital Chronicle

Published: September 24, 2026

Words: 610

Last Updated: 3 weeks, 3 days ago

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Indiana businesses are experiencing what many homeowners have seen in recent years: dramatic jumps in the assessed values of their real property. In 2026, the statewide assessed value of all types of property is going up 9.7% compared to 2025. Residential property, which is just over half of the assessed value in Indiana, increased 7.3%.

For business property, the increases were more dramatic. Commercial property is up 15.0%. Industrial property values, of most concern to …

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