Tag: Assessor

Written by Diane Benjamin - editor

Bloomington buying more property

By:  Diane Benjamin PDF page 447:   http://www.cityblm.org/Home/ShowDocument?id=15814 Monday night the City wants to buy a house adjacent to the old Coachman Hotel property.  The address is 404 E Washington. Less than a month ago a developer talked about building “affordable” housing on the Coachman property which the City also owns.    http://www.pantagraph.com/news/local/government-and-politics/affordable-housing-pitched-for-ex-coachman-site/article_e11f52ca-39cd-5465-936d-1f2873a4567e.html The City is planning […]

Written by Diane Benjamin - editor

Update to yesterday-Taxable Value

By:  Diane Benjamin Yesterday I reported on a property that sold in March 2016 for $2,670,000, but it only had a taxable value of $1,789,289 by December 31st.  https://blnnews.com/2017/05/15/how-did-this-happen/ The McLean County Assessor’s office said I needed to contact the Township Assessor to find out why the taxable value is much less than the purchase price.  I […]

Written by Diane Benjamin - editor

Truth about property taxes

By:  Diane Benjamin Between 2007 and 2015 my total property taxes went up almost 15%.  The assessed value went up  a little over 9%. That’s EIGHT years. All those rate decreases mean nothing when the assessor thinks your property values went up. Remember the 2008 crash when property values supposedly dropped?  For taxes, mine didn’t. […]