Classified Forest - Baughn, James_2/18/1981_�
STAT� ° INDIAI�TA
DEPARTMENT OF NATURAL RESOURCES
JOSEPH D. CLOUD
DIRECTOR
Auditor Gibson County
Court House Princeton indiana
Dear Sir:
�
INDIANAPOLIS, 46204
Enclosed is a completed declassification form on a tract of land owned
by James & Margie Baughn
This land is being declassified by the Division of Forestry under the
provisions outlined in Section 18 of the Classification Act of 1921.
Please make the withdrawal of this land from classification a matter
of record in your office and place the above described land back on
the tax duplicate at its normal assessed valuation and notify me of
your receipt of this letter in order that the records of the Division
of Forestry be completed.
Please consult Section 17 of the enclosed copy of the Classification
Act in regard to [axes. There is a tax of NOne per acre to be
collected on this withdrawal.
Enctosure
CL 236
Sincerely yours,
DEPARTMENT OF NATURAL RESOURCES
DIVISION OF FORESTRY
��/ �
John F. Datena
State Forester
"EQUAL OPPORTUNITV EMPLOYER"
1i
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DEPARTMENT OF NATURAL RESOURCES
STATE OF INDIANA
Indianapolis
I, John P. Datena, State Forester, do hereby find and certify that the
provisions of an Act approved March 10, 1921, and as amended entitled
"An Act to encourage timber production and to protect watersheds by
classifying certain lands as forest lands; and prescribing a method of
assessing (appraising) lands thus classified for purposes of taxation,
"are not being carried out on the following described land owned by
of � _
W o .
> •
�tao scres of the 4ollo�ing trace fornsaily belonging to Edvsrd F3eaoo,
5.8. $1. Pt. Braach, In 47b48: due tract in part of t@e R§�1� oF the
SE�, Sec. I, T3S, &12i+T; beginnic� at a poinC 185 ft. H. of the �
and running hence S. 406 ft.; thence B. 572 f[.; ehence S. 123 ft.;
t6eace N. 217 ft.; theiue N. 333 ft.; thence eaqt 489 Et. to the
beginaing �ad cootulniag 6.12 ecree �ore or less.,
Aicother tract in part of the � SE�, Sec. 1, T36, 812ii; Begianin�, at
the � coruer of said �� Seetion aad rutming thance 8.� 408.ft.; thaQCo
S. 533 ft.; thence fd. 105 ft.; thence Nk5 deg. 6`W 427.7 ft.; etxnce
8. 240 St. to eha place oP tregi�ing a� containing 3.97 acroa more
or lesa. �
Reasou foz aithdrawlc T�e 10.1 acre Classified Porest ssat�divided and
sold, ttiereby violatiag Section S of the aLova mentioned act.
Ortsiasl application recor8ed Fce6. 10, 194� in mcord 968.
Pursuant to the authority vested in me by said Act, I therefore, notify
said owner, the County Auditor, and County Recorder of GibSOn
County that said land above described has been this 12th day of
Fe6ruary 1981 withdrawn from classification, according to the
terms and subject to the provisions of said above mentioned Act, and
hereby notify said Auditor, and said Recorder to change the appraisal
of said land, as provided by law.
CL 229
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BACK TAX COMPUTATION
GUIDE SHEET
This form should be used to compute the back taxes owed when a classified
forest or a portion of a classified forest is to be withdrawn.
Column 1 - Year
Start with the present year and work backwards. Since the law specifies
that the landowner will not be taxed for more than 10 years, there are
only 10 blanks. There could be cases where the forest will be classified
for less than 10 years. In this case, you will only use the number of
years that the woodland has been in the Classified Forest Program.
Column 2- Assessed Value Per Acre Minus $1.00
You will need to check past records in order to determine the appraised
values of the land for each of the past 10 years. The assessed value is
determined by dividing the appraised value by three. In addition, the
assessed value should be reduced by one dollar because the landowner has
already paid taxes on a one dollar assessment for each of the years that
his land has been in the Classified Forest Program. The adjusted assess-
ment should be entered in Column Z•
Column 3- Annual Tax Rate
You will need to check your records to determine what the tax rate was for
each year. This amount in dollars will be entered in Column 3.
Column 4- Taxes Due Per Acre
Multiply Column 2 times Column 3 and then divide this figure by 100. This
should be rounded off to the nearest whole cent.
Column 5 - Interest Factor
These figures are constant and should not be altered. They have been
taken from a standard per annum interest table.
Column 6- Amount Due Per Acre for the Year
Multiply Column 4 times the figure found in Column 5. This is the amount
of tax plus interest owed on one acre of Classified Forest, for one ar-
ticular year., The total of this column is the amount which should be
paid per acre for the 10 year (or less) period.
10 complete the process of calculating taxes owed, take the total of
Colunn 6 and multiply it by the number of acres to be withdrawn. This is
the total taxes owed for the withdrawal. �___..__.__. ___ _________.__
Zf there are any questions with this form, contact the service forester
for your county.
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REPORT OF APPRAISEMENT
a*******t****
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?, �A�dl" �T✓�2 rc� , County Assessor of CiESOa
County, IndLana certify that the appraisement is on the land herein described
and tl�at the fair market value of the whole land classified on the date of
88D. 14� 19`s9 was $�•� per acre; and that the land so described now ts
worth $� per acre. (Note: The difference in these two appraisals is
the Increment Tax.) �
Further, tha[ the true cash value of the remaining land of the sec[ion or
sections outside of the cities and towns in_which the land proposed for with-
drawal from classification is located is worth as follows per acre:
The N.W. '-t of Sec. 1-T35-.1[`k'
The S.W. '� of Sec. 1-i3$-812Fd
The N.E. % of Sec. 1�T��"�°�
The 5. E. � of Sec. i'�3$-&3'Ztf
Date �— %3 — G�l
Present Market
Value
is worth $ SO $
is worth $ „ri7
Market Value
kfien Classified
i'L.C+.7i P_CtC
29.00/ ecre
is worth $ S� $.
is worth $ SJ $.
��xo ��;.�,�.,
Witness
���� �,
Address
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Wi[ness
� _ 3 (�n,�,.:�� .�..
Address
2T:VOI acze
5i�.il0/ eCLO
S' ature of County Asse or
Signature of County Auditor
Signature of County Treasurer
::OTE: The land to be appraised is to be valued at its fair market value
exclusive of all [imber, buildings, and other improvements, but shall in-
clude any mineral, stone, oil, or gas value it may have. If the appraise-
ment is satisfactorv to the owner and State Forester it is not necessary
rn nhra;n cionat�ires of the Countv Auditor and County Treasurer.
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SF 208
This instrument was prepared by the Division of Fores[ry, Indiana Department
of Natural Resources.
I hereby approve of the approval of the preceding withdrawal.
'���e�
ignature of State Forester
1�.�_� Q I�o.n �y,o �
Witness
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vWi n s
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ddress
Date Auditor was notified of withdrawal
Date Auditor acknowledged receipt of withdrawal notice
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Date Recorder notified of withdrawal �— I a- —� �
Date Recorder acknowledged receipt of withdrawal noti
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