Many Hoosiers are getting their property tax assessments and are not liking what they are seeing.
Assessments vary by county, but for Michael McMann of Fishers, a disabled veteran; his property taxes are going up about 20%.
That’s steep for someone on a fixed income, he says.
Experts say the volatile housing market is to blame with so few homes on the market the value of a house is high.
This year’s assessments are based on housing market data from 2020 and they expect assessments only to go up even more in 2023.
