If you own property in Logan County, you should soon get a postcard from County Auditor Jack Reser.
Every six years, Ohio law requires all property to be reappraised to make sure values are fair and taxes are spread evenly.
The auditor looks at your property and compares it to recent sales in your area to figure out what it would likely sell for. Based on that, property values are adjusted to match the current market.
This year, the average increase in Logan County is about 25%, but some properties may go up as little as 10% or as much as 50%.
Reser invites you to talk with him if you disagree about your valuation:
How Property Values Are Set
- Fair Market Value: What a property would sell for between a willing buyer and seller.
- Sexennial Reappraisal: Every six years, all properties are reviewed and updated.
- Triennial Update: Three years later, values are adjusted based on sales trends without visiting homes.
The Ohio Department of Taxation requires auditors to use recent sales to make sure homes in each neighborhood are valued fairly.
How Property Taxes Are Calculated
- Property Value x Assessed Rate = Assessed Value
- Example: $100,000 x 35% = $35,000
- Assessed Value x Millage = Tax Bill
- Millage is the rate you vote on at the ballot box.
Questions? Email the Auditor’s office at [email protected] or visit logancountyreval.com.
