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Madison County Democrat
London, Madison County, Ohio
What is this article about?
Madison County Auditor Forest E. Hanson completes partial real estate appraisal for 1956 tax duplicate, increasing total county value by $1,173,810 to $36,543,810. Major increases in Jefferson Corporation ($589,380 due to 200 new homes) and London Corporation ($165,440), with various township changes listed. Approved by county board including Hanson, George Taylor, and Harold Bidwell.
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London Increases Are High On List
Madison County Auditor Forest E. Hanson has completed a part of the appraisal of real estate for the new tax duplicate for Madison County which will be used as the basis for taxes in the year 1956. The county, whose evaluation recently reached an all time high, will be even higher by a total of $1,173,810. for a total value of $36,543,810 in real estate within the county borders.
Outstanding in increases was Jefferson Corporation, with an appraisal record increase to date of $589,380.00 over the last tax duplicate appraisal. The increase is explained by nearly 200 new homes being built within the city limits.
London Corporation was next in value increases, with a total of $165,440.00 being added to their tax duplicate.
Other changes were: Canaan Twp., $20,090; Darby Twp., $25,220; Plain City Corporation, $44,430; Deer Creek Twp., $36,040; Fairfield Twp., $19,410; Jefferson Twp., $61,080; Monroe Twp., $8,410; Oak Run Twp., $5,030; Paint Twp., $25,280; Pike Twp., $19,280; Pleasant Twp., $29,230; Mt. Sterling Corp., $52,880; Range Twp. $16,900; Midway Corp. minus $610; Somerford Twp., $4,770; Stokes Twp., $7,160; South Solon Corp., no change; Union Twp., $15,630; London School District, $28,440.
The county auditor is the authorized official to appraise real estate of the county. In Madison County in 1952, the Cole-Layer-Trumble Co., a professional firm, with the aid of county help, completed an entire re-appraisal of the county. Since that time, a sort of "running inventory" has been kept in the auditor's office with the help of Mr. William Culpepper as deputy appraiser. All revisions, must, by law, be passed on by the county auditor, the chairman of the commissioners and the county treasurer. This board, composed at the present time of Mr. Hanson, Mr. George Taylor and Mr. Harold Bidwell, has approved the above figures.
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Madison County
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Outcome
total real estate value increased by $1,173,810 to $36,543,810; jefferson corporation +$589,380; london corporation +$165,440; other townships and corporations with listed increases or decreases.
Event Details
Madison County Auditor Forest E. Hanson completed a part of the real estate appraisal for the 1956 tax duplicate. Increases due to new constructions like nearly 200 homes in Jefferson Corporation. Other changes in various townships and corporations listed. Maintained via running inventory since 1952 re-appraisal by Cole-Layer-Trumble Co., with deputy William Culpepper. Approved by board of Hanson, George Taylor, and Harold Bidwell.