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Allen County Residential Rental Property Cheat Sheet (updated 3/15/23) Important Contact Info: Website: www.allencountyassessor.org Office Name Rm # Contact Person Phone Fax County Assessor 415 Laura Boltz E-mail [EMAIL REDACTED] (260) 449-3115 (260) 449 3115 - *Sales Disclosures, filing appeals, property information outside of Wayne twsp, & gen. info countywide Wayne Township 405 Tammy Smith Caralie Puckett [EMAIL REDACTED] [EMAIL REDACTED] (260) 449-4140 (260) 449-7717 (260) 449-8362 *specific information and assessment activities regarding properties in Wayne Twsp Auditor 102 [EMAIL REDACTED] (260) 449-7241 (260) 449-7679 *exemptions, tax sale information, change of address forms, etc. Treasurer 104 [EMAIL REDACTED] (260) 449-7693 (260) 449-7893 *tax bills, billing questions, payment plans, etc. Reassessment Cyclical Reassessment – Reassessment of 25% of parcels in Allen County began in July of 2014 and took effect for the 2015 pay 2016 property tax bills. As part of the process, each parcel in the scheduled reassessment area will be physically inspected. Each residential property marked as an income property will need to file updated verification in order to maintain income status. Properties currently assessed as income properties will receive reminders in the mail. GRM Formula From Sale Price: Sale Price/Rent = Gross Rent multiplier Ex.: $100,000/$800 = 125 (annual) or 125/12 = 10.42 Assessed Value: Market Rent * multiplier = Assessed Value Ex: $800 * 125 = $100,000 (annual) or $800 * 12 * 10.42 = $100,000 (mos) For an easy GRM Calculator, please visit: www.allencounty.in.gov Important Dates January 1 – Rental Property Assessment Deadline -Per IC 6-1.1-4-39 – If a taxpayer wishes to have the gross rent multiplier method applied, he/she must submit the necessary information before the January 1 assessment date of each year. During this period, residential income property owners can set up an appointment to provide income information and review assessed values and discuss various methods of filing necessary information. This will ensure the accuracy of the information, answer any questions, and help to provide correct assessments. -All income information is requested by this date for properties not currently assessed with the income approach for the upcoming assessment year. Example: 102 Broad St. filed income info Feb 28, 2024 for the assessment year of 2025 payable 2026. -Properties purchased after January 1 of the current assessment year will not be priced with the income approach until the following assessment year. Example: 102 Broad St. purchased March 30, 2024, would be priced with the income approach after information is filed for 2025 payable 2026. Appeal Deadline – The deadline for filing an appeal depends on two issues: date of notification and when ownership takes place. If a Form 11 (notification of assessment change) is mailed to the current owner - Appeals must be filed by 15th June . Form 11, or “Notice of Assessment Change” are mailed when there is an increase value. assessed in If no Form 11 is issued, the deadline is forty-five days (45) from the date of the first tax bill. Please make sure that your mailing address is correct. “Change of Address” forms are available in the Allen County Auditor’s Office or on their website: If a property sells to a new owner after a Form 11 ha. s been issued for the former owner, the deadline will be forty-five days from the date of the first tax bill. 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