The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-14
VALUATION OF PROPERTY.
An Increase Of $685., 900 in Real Values
in This Township Over Last Year.
Amounts Upon Which the Different Corpora
tions Will BE Assessed Plan to Avoid
the Necessity ola New Appraisement.

When the county Board of Equalization
meets again, the following totals of the late as
sessment of real and personal property in
Center township will be submitted to it by
Assessor Quill. What will be done in reducing
the aggregate of real estate values is still
question of moment Into this enters the pos
sibihty of new appraisement. which is not
cepted with favor By the auditor, treasurer and
assessor The latter thinks the difficulty may
be overcome By the board instructing him tc
make reductions and correct errors and IT.
Irregularities caused by the fourteen days pos
session of the Office by his predecessor, who be-
gan the appraisement of real estate. It is upon
the figures made by appraisers during the
period preceding Mr.. Quilts incumbency that
most If not all, of the errors and high appraise-
ments occur. His view is that reduc-
ton of 20 per cent all around will
meet the demand for low real appraisement.
This plan, he thinks. will avoid the long delay
that must necessarily be caused if new ap-
praisement is ordered. for in that case the work
must be done de novo, entailing repetition of
the labor that has been performed in the past
three months. On the other hand, those who favor
a removal of the work believe that the probable
dilemma of having no equalization of it, for the
board under the law had but two days remain
ing, can be set aside by considering the Board of
Equalization revived with legal term Of fifteen
more days, on account of the new appraisement.
That is, if new one is ordered, it is the same
as if none had been made.
The footings OF real aud personal valuations
for indianapolis. CenterAownship and the incor-
TOD
estate is valued at 500, 9l3, $40, against valua
ton of 500, SIS, 800 last year; improvements,
$1742l ,040, against last years valuation of
81. 40. $50. 1t will be seen by these figures
that there is an excess in real assessment in the
city of $685., 008, and decrease in improvements
of $349, no. Total for real and improvements
this year is Sal 1874 $50. against total last year
of 81, 289, 055-an increase of $45. 295. The
city's personality this year, excluding railroad
personality and banks and corporations is
So. 9o9 300 The value of railroad personality in
the city last year $545, l15. In addition to
this there are 16.630 city polls, 1889 male dogs.
and 453 female dogs. The polls OF this year ex-
coed those or last year by ia Last years per
sonaty valuation $l1, l95. 085. including
railroads, banks and corporations.
In Center township exclusive of the city and
Incorporated towns, this years real assessment
is on i 483 98100 acres giving value of
YS-C-scScs
and value of lots at $500, ia, with improve
ments at $204, 8S5. Last year the assessment
stood III. 754 65l00 acres valued at 81. 689, AIS.
and on an improvement valuation of $42l. 800;
lots, 81 .037, 49, improvements, 1888. 185. These
figures give a decrease of 270 67-100 acres of
$30l 2S5 in valuation of real and $l34 405 in val
nation of improvements. The personally of
Center this year is 1877 305; polls, 932; dogs,
$50 male and sc female.
In West indianapolis the acres this year are
1304 S4-l00, valued at 1896 1870; improvements,
$169 $50; lots, $84, 100; improvements. $88, 800;
against an acreage valuation of $l8l $685. i'm
provements. $3.50. $50; lots, $40, l65 improve
ments, $67 Sl5, last year. The personally is
about $500, 000
Brightwood's valuation on lots, $685. i'm
proyements, $50, 525; personality. $27, 098; polls.
lib; dogs, 81 males and females. Woodruff
Place lots valued at $l45. $50; Improvements,
$27, $50; personality, $l2,210; polls 4 dogs g.
There is about $40 140 increase in lot values, and
decrease of $1,000 in improvements in Bright
wood. Woodruff Place shows decrease of
so, 40 in valuation of lots and an increase Of
So 915 in improvements.
1t is possible that the Board of Equalization
has completed its changes in the corporation and
bank assessments Thus far the following assess
ments have been made in that class of property: