Hospital is challenging the recent decision of the Property Tax Assessment
Board of Appeals to keep its 2013 assessment at $244.5 million.
County Assessor Jon
Snyder said hospital officials this past week appealed to the Indiana Board
of Tax Review asserting that its value should be closer to $39 million based
on guidelines in the stateís most recent assessment manual.
Snyder assessed the
hospital property at $244.5 million including the main facility, the land
and the nearby medical building.
He said the 2013
assessment was the first for which the hospitalís construction was 100
The hospital is
located at the northwest corner of Ind. 49 and U.S. 6 in Liberty Twp.
appraiser was hired to help come up with the assessorís value.
for the hospital argued to the PTABOA earlier this year that Snyderís method
deviated from the stateís and that the assessment manual makes clear that
hospitals are to be assessed as general office space.
PTABOA members Joe
Wszolek and Vicki Urbanik denied the hospitalís case saying there was a lack
of prima facie evidence to determine the hospitalís market value.
have also appealed the PTABOAís value of $117 million for its 2012
assessment to the IBTR.
Snyder told the
Chesterton Tribune today he was surprised the hospital is still
contending its value is $39 million after the County Council sent out a
letter indicating the hospital must be valued at $130 million or higher in
order to be eligible for the ten-year tax abatement.