Dan Allen Sherwood told the Marshall County Board of Review he appealed his assessed value because rising market values and higher escrowed taxes on his fixed retirement income increased his mortgage payments. The county’s appraisal representative said the office’s comparable sales from 2023–24 produced a valuation near $272,766 for the Jan. 1, 2025 assessment date and that higher sales in the market are driving valuations upward.

Assessors explained the standard of value is market value and reviewed their comparable-sales analysis with Sherwood on the record. They asked whether any physical condition issues (for example, flood damage) might reduce the value; Sherwood said he maintains the property. The assessor recommended Sherwood check with the county auditor’s office about potential deductions for taxpayers over 65 or with disabilities; staff said some deductions and eligibility rules have changed and that checking could reduce taxes owed.

Sherwood said the hearing helped him understand how assessments are determined and that he would follow up with the auditor’s office. The transcript records county testimony and the board’s conclusion of the proceeding; no board vote changing the assessed value appears on the record.