50 IAC 27-4-3
50 IAC 27-4-3 Applicability of ratio studies
Cite as Ind. Admin. Code tit. 50, r. 27-4-3
Sec. 3. (a) County assessors and the department use ratio studies as a primary mass appraisal testing procedure and a performance analysis
tool.
(b) The ratio study assists the county in providing fair and equitable assessment of all property.
(c) The ratio study is used to measure and evaluate the level and uniformity of mass appraisal models, determine time trends, and to adjust
assessed values between general reassessments.