Normal Property Tax Assessments

by:  Diane Benjamin As previously reported, the Town of Normal paid $725,000 for the Underwood House, at the time it was appraised for Real Estate tax purposes at $480,225.  (http://blnnews.com/2013/07/20/the-real-facts-on-the-normal-purchase-of-the-underwood-house/) Are the assessed values that bad in Normal?  I decided to look at some recent property sales in Normal to see.  Also included are a […]