Fulton County, Indiana

The County Assessor is responsible for accurately and uniformly determining the market value-in-use of every property in Fulton County as of January 1 of the current year. Assessing officials must follow the rules of the Department of Local Government and Finance (DLGF) in all assessment or reassessment of real property practices. These processes are intended to distribute the property tax burden in a uniform and equitable manner.  Mass appraisal is used as a process of valuing a group of properties as of a given date, using valid market sale prices, standard methods, employing common data, and allowing for statistical testing.  We welcome any questions and/or concerns you may have with the methods used to determine the value-in-use of your property.

This is achieved by using three approaches to value

1. Cost
2. Income
3. Sales Comparison

The State requires annual adjustments of assessments to reflect changes in the market. Pursuant to IC 6-1.1-4-4, the Cyclical Reassessment has commenced. Every year, we are required to review approximately 25% of the parcels in Fulton County.

In general, the County Assessor performs the following duties

• Assesses Land and Buildings for Residential & Agricultural Uses
• Assesses Land and Buildings for Commercial/Industrial Uses
• Processes Application for Property Tax Exemptions
• Annually Conducts the Cyclical Reassessment
• Serves as Secretary to the Property Tax Assessment Board of Appeals
• Ensures Countywide Uniform Property Assessment Equalization
• Administers the Sales Disclosure Process
• Certifies Annual Assessments to the County Auditor’s Office
• Establishes Boundaries for Neighborhoods within their Townships
• Utilizes Recent Sales of Land to Establish Base Market Rates and Values
• Determines and Certifies Mobile Home Assessments to County Auditor
• Processes and Certifies Personal Property Assessments

The County Assessor is a statutory officer who is elected for a term of four years and may be elected without a term limit. This official functions under the direction of the Department of Local Government Finance and is required to have an Indiana Level III Assessor/Appraiser Certification. 

You are encouraged to contact the Assessor’s Office if you have any questions or concerns regarding your assessments. The staff will be happy to explain the various processes used in the valuation of property.