New Tax Bills Out...Sort Of

Indianapolis Real Estate News

Get your checkbooks ready…the property tax bills should be hitting your mailboxes this week for Marion County residents.  The bills this time around should not provoke riots like the last bill almost did because they are still based on last year’s tax amount.  Hence, Marion County residents still have no idea what their taxes are for 2006.  The final new bill for 2006 is scheduled to come out in April 2008.  At that point, you may, and probably will, still owe more money if your property taxes went up after the newest round of re-assessments. 

Don’t forget about that genius idea, the one time rebate check some dim-witted politician dreamed up to opiate us so that we might just take these tax increases without saying a word.  Dude, we are not that dumb.  What a hot mess our lovely elected officials have got us into. 

 
So, here is when you will be writing checks or your escrow accounts will be drained:

Nov 15 – Current taxes due

April – If your new taxes are higher and you paid the 2006 amount, you will owe the difference.

June/July – 2008 tax bills
 

On a more serious note, if you are planning to buy Indianapolis real estate in Marion County; get a real estate agent who understands the implications of this mess as it’s related to real estate transactions.  It could save you thousands of dollars.  I wrote a blog about it here. 

Date: Friday, October, 19th 2007 @ 01:57:25 PM
Views: 203

---