Warren County Property Revaluation
Warren County continues to prosper and with that prosperity comes an increase in the value of your home.
County Auditor Matt Nolan presented to the Kings Board of Education on Tuesday, September 17. He stated that home values in Warren County will go up on average 27.2% during the 2024 property revaluation. This does not mean that your property taxes are increasing by 27.2%. Auditor Nolan said that property taxes in Kings will increase 4-5% on average due to the 27.2% home value increase.
He said that this is the largest increase in equity in history. The home values are based on sales data. There are 110,000 homes in Warren County and this new reappraisal is based on what the property values were in January 2024 and he said, "The values have increased 10% since then."
The Warren County Auditor's office will be sending out letters to property owners beginning today that will include your property value and QR code to get more information. He said to talk to a realtor if you believe that your home value is incorrect. Auditor Nolan encourages people to contact his office for any questions. The Auditor's Office has set aside the whole month of October for education.
The District’s financing team has worked collaboratively with Auditor Nolan to validate the district’s commitment to phase in the bond levy collections to reduce the burden on our community. The community will pay $123 per year for every $100,000 of home value in addition to existing bond levies to pay for the new bond levy beginning in 2025.
If you have any questions, please reach out to Auditor Nolan at auditor@wcauditor.org or Kings Treasurer, Mike Morrow at mmorrow@kingslocal.net.