Application For Evaluation Deduction For Damaged Or Destroyed Real Property | Lorain County Auditor
226 Middle Avenue, Suite 200, Lorain County Administration Building, Elyria, OH 44035
Voice - voice | Homestead Exemption
Voice - voice | Dog Licenses
Voice - voice | Property Tax Assessment Appeals Boards
Voice
None.
- Call the office for more information or to request an Application for Evaluation Deduction for Damaged or Destroyed Real Property Application (Form DTE 26). - Complete form DTE 26 and request an evaluation of property before completing renovations. Available on a case-by-case basis.
Any deduction from property value will affect the tax bills mailed in January of the following year. The amount of the deduction equals a percentage of the reduction in value caused by the damage. That percentage is determined by the calendar quarter in which the damage occurred: - Damage occurring between January 1st to March 31st: May be eligible for a 100% reduction in property tax equal to the amount of damages. - Damage occurring between April 1st to June 30th: May be eligible for a 75% reduction of the amount of damages. - Damage occurring between July 31st to September 30th: May be eligible for a 50% reduction of the amount of damages. - Damage occurring between October 1st to December 31st: may be eligible for a 25% reduction of the amount of damages. Example: - $100,000 - Original appraised value for current tax year. - Damage occurred between April 1st and June 31st = 75% reduction. - $ 7500 - 75% reduction of the $10,000 damage. - $ 92,500 - New appraised value
Lorain County, Ohio
Description
Offers an opportunity to apply for a property tax bill adjustment to homeowners who have sustained any property damage or destruction due to fire, flood, storm or intentional demolition.
Data provided by
211 Summit
Providing organization
Lorain County Auditor
Administers the Homestead Exemption and Property Tax Rollback; registers owners of manufactured homes for tax purposes; as an agent for the Ohio Department of Taxation, is responsible for administering the Tangible Personal Property Tax laws; is the focal point in the county for issuance of licenses for dogs, kennels, vendors and cigarettes; responsible for Real Estate Appraisal and Assessment and is charged with the responsibility of insuring that all state laws relating to weights and measures are strictly enforced.
