50 IAC 30-1-2 Applicability

Sec. 2. (a) Under IC 6-1.1-31-6, this article applies to the valuation of real property improvements, as defined in 50 IAC 30-2, in which the sales comparison approach or other approaches to value that can utilize the identification of comparable sale properties are employed pursuant to 50 IAC 2.4. (b) The rules provided in this article supplement and do not supersede the rules of the department on the assessment of real property at 50 IAC 2.4.