Paula Henry

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A Silver Lining for Property Taxes?

August 9th, 2007 categories: Indianapolis Real Estate News, Indy Home Buyers, Indy Home Sellers

At the end of the rainbowProperty 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.

My broker has also initiated a petition. You can start in your neighborhood, collecting signatures. There needs to be a collection point for the petitions. You can send them to ReMax Connection, 8315 W 10th St., Indianapolis, IN 46234.

Keep up on the latest news about property taxes in Indianapolis.

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This entry was posted on Thursday, August 9th, 2007 at 8:37 pm and is filed under Indianapolis Real Estate News, Indy Home Buyers, Indy Home Sellers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  1. Lynda Eisenmann said at August 10th, 2007 at 6:58 pm

    Hi Paula,
    Good story on this. I know from reading a prior post of yours this is a huge issue for folks in Indy. From what I’m also reading, is…that it appears to be happending all over. Sounds to me like you are making a little progress, albiet a slow one. Good work!

  2. Paula Henry said at August 10th, 2007 at 8:41 pm

    Lynda - I have heard the same from many agents around the country. To think, two hundred years ago, there were no taxes!

    All progress is good….

  3. Ashley Drake Gephart - ABQ Homes said at August 11th, 2007 at 1:42 am

    Paula this is such an important topic and it is just shows that the public needs to speak up and get active if they want change. I love that photo you have another post with all the FSBO signs against taxes!

  4. Paula Henry said at August 13th, 2007 at 6:33 am

    It is the voice of the people which will determine the outcome of the property tax debacle here in Indy. Taking a stand feels better than doing nothing and hoping the problem will resolve itself.

  5. Indy Real Estate Talk » Blog Archive » Your Home, Your Way by Renovation Resources said at August 30th, 2007 at 8:12 pm

    [...] But still, it’s an important topic and better yet, it may have big implications for the remodeling / renovation market. So, I started talking to everyone I know, from Realtors like Paula Henry to Real Estate Investors to Contractors to Mortgage Brokers to Homeowners. I was in search of the silver lining. Paula has written a post on the subject already. [...]

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