Miss Nichols asked the Marshall County Board of Review to reconsider the 2025 assessed value of a Culver property located across from Culver Community Schools. County appraisal staff said the office will hold the value for the tax year at $252,400 as of Jan. 1, 2025.
The county representative said Nichols purchased the property in 2024 from an estate and that the assessor’s office could not determine the provenance of the purchase price Nichols reported. The assessor noted nearby sales, including a property several doors down sold in poorer condition, and said the subject property has some updates, including a new roof, that support a higher assessed value. The assessor said he expected market sales in that location could reach $300,000 or more but recommended maintaining the assessment at $252,400 for the assessment date.
Board member Angie Snyder and county staff discussed recent comparable sales in the area; the petitioner did not provide further documentation or follow up during the hearing. The board concluded the hearing after questioning and no formal vote or change to the assessment was recorded on the transcript.
The hearing record shows the county’s appraisal relied on local comparables and visible improvements; the petitioner did not present an appraisal or additional evidence at the hearing. The board noted the proceeding was concluded in the petitioner’s absence of additional documentation.