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Think Your Columbus Area Home is Valued too High? How to Dispute Your Franklin County Property Taxes

dcfc0001Lately, with so many great deals available, a hot topic of conversation is property taxes. Why are they so much? How can I reduce my Franklin County Property Taxes? If I buy this short sale or foreclosed home at a discount, how do I go about getting my taxes reduced and how long do I have to pay “excess” taxes?  All legitimate questions.

Here is the link to the form used to dispute your Franklin County Taxes -property-value-dispute-form

And here are some of the highlights from the Instructions. If you live outside of Franklin County, look for the corresponding form on your Tax Auditor’s site.

FILING DEADLINE: A COMPLAINT FOR THE CURRENT TAX YEAR MUST BE RECEIVED BY THE COUNTY AUDITOR ON OR BEFORE MARCH 31 OF THE FOLLOWING TAX YEAR. A COUNTER-COMPLAINT MUST BE FILED WITHIN 30 DAYS AFTER RECEIPT OF NOTICE FROM THE AUDITOR THAT AN ORIGINAL COMPLAINT HAS BEEN FILED.
WHO MAY FILE: Any person owning taxable real property in the county, the board of county commissioners, the county prosecutor, the county treasurer, the board of township trustees of any township with territory in the county, the board of education of any school district with territory in the county, or the mayor or legislative authority of any municipal corporation with territory in the county may file a valuation complaint.
TENDER PAY: If the owner of a property files a complaint against the valuation of that property, then, while such complaint is pending, the owner is entitled to tender to the county treasurer an amount of taxes based on the valuation claimed for such property in the complaint.
NOTE: If the amount tendered is less than the amount finally determined, interest will be charged on the difference. In addition, if the amount finally determined equals or exceeds the amount originally billed, a penalty will be charged on the difference between the amount tendered and the final amount.
MULTIPLE PARCELS: Only parcels that (1) are in the same taxing district and (2) have identical ownership may be included in one complaint. Otherwise, separate complaints must be used. However, for ease of administration, parcels that (1) are in the same taxing district, (2) have identical ownership, and (3) form a single economic unit should be included in one complaint. The increase or decrease in valuation may be separately stated for each parcel or listed as an aggregate sum for the economic unit. If more than three parcels are included in one complaint, use additional sheets of paper.
GENERAL INSTRUCTIONS: Valuation complaints must relate to the total value of both land and buildings. The Board of Revision may increase or decrease the total value of any parcel included in a complaint. The Board will notify all parties not less than ten days prior to the hearing of the time and place the complaint will be heard. The complainant should submit any documents supporting the claimed valuation to the Board prior to the hearing. The Board may also require the complainant and/or owner to provide the Board additional information with the complaint and may request additional information at the hearing, including purchase and lease agreements, closing statements, appraisal
reports, construction costs, rent rolls, and detailed income and expense statements for the property.

One Response to “Think Your Columbus Area Home is Valued too High? How to Dispute Your Franklin County Property Taxes”

  1. Hey Joe,
    Heard a neighbor groaning about this last night and this is the first place I came for advice for her. Thanks!

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