Types And Classes Of Property

There are two major types or categories of property that are assessable for property taxation purposes. These are real property and personal property. Real property generally includes land and things attached to land, such as buildings etc. Personal property generally includes things not fixed to land such as vehicles, animals, tools, equipment, etc. Mobile homes or buildings on land owned by a person other than the owner of the mobile home or building are considered personal property by the assessor's office in accordance with the State guidelines.

Property Tax Classification

CLASS II - All property owned, used and occupied by owner, exclusively for residential purposes, and farms used and occupied by their owners or bona fide tenants

CLASS III & IV - All real and personal property exclusive of Classes I and II, situated outside a municipality (Class III) or within a municipality (Class IV)(rental and vacant), not used and occupied by the owner