Destroyed Property

You may be eligible for a reduction in your real estate tax bill if your property has been damaged by fire, flood, ice, or other means. State law gives County Auditors the authority to reduce real estate values for properties that have been damaged or destroyed. A substantial reduction in property value will result in a reduction in your real estate tax bill for your property.

You may file an Application for Valuation Deduction for Destroyed or Damaged Real Property. This form must be returned to our office as soon as possible as we are not able to issue refunds for previous years. Upon receipt of the application, an appraiser will assess the property. Any reduction in value is adjusted quarterly depending on when the damage occurred. The reduction in value will be in place until the property has been restored to its prior condition.

Property owners must file their applications following the time schedule below. State law prohibits the processing of applications received after the filing deadline.

Calendar Quarter in which Property was DamagedApplication Deadline Percentage Deduction
Allowed
January – MarchDecember 31100%
April – JuneDecember 3175%
July – SeptemberDecember 3150%
October – DecemberJanuary 3125%

Bluffton 2007

Shawnee Windstorm 2006

Harrod Ice Storm 2005