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Classified Forest - Schurmeier, Kenneth_11/5/1976_: ;, . . STAT� ° INDIANA DEPARTMENT OF NATURAL RESOURCES JOSEPH D. CLOUD DIRECTOR Division of Forestry 613 State Office Building Auditor �ihG�n County Princat.nn_ , Indiana Dear Sir: � INDIANAPOLIS, 4G204 27 October 19']6 This is to notify you that Kenneth Schurr.teier of Princeton, � _ Indiana has complied with the withdrawal provisions of the Indiana Forest ' Tax Classification La-•; for the follon�inr �;PSCribed Land: vhich.I am the ovner, to-vit: Part of the SE} of the NE1� of Sec. 26, T3S, R10H, Union Tovnship and described as folloas: Beginning at the NE corner of said quarter-quarter section; thenee south along the east line of said quarter-quarter section 1320 feet to the SE corner of said quarter-quarter section; thence west along the south line of said quarter-quarter seetion 310 feet; thence north 1320 feet to the north line of said quarter-quarter section; thence east along said north line 310 feet to the po.int of beginning, containing 9.39 acres, more or less to be withdravn from a 27.7-acre tract of Classified Forest leaving 18.31 acres still classified. --- W}ien prop�:rCy i� withdracm fr.;n� [o��rs� c!v:�:�ificai.i���.. i..�.: .:t7ic� :,i.:;i immediately notify the count}' recor.ler and �he corat.y'ai:.licor of if�c� county where the laud is 1oc�te:d. t(pon �aichdrscdal the e.�rcer oi che ta:�d previously classified �hall n�ake nci.;�tion cf che ��ith�irac:•,t in Che record� in the ofiice of the county recorder. Kindly place the above described laad back ori the tax du�.licaC�: ac its ncri���� assessed valuation. Also, there is a tax uue the county, eithe� a:; imearn�d increment or back taxes, in the am„unt of $ None ____`_ ______ _____ CI. 240r Sincerely yonrs, ,/i�./�i�,� r � 'Cl.�.'.J....- % John F. Datena St2te Forescer "EQUAL OPPORTUNITY EMPLOYER" cu zoa � DEPARTNENP OF NATURAL RBSOIIRQES STATE OF INDIANA IB@SANAPOLIS • Application for Withdraval from Classification of Land Claesified as Forest Land ��� I, Ketuteth 8. Schurmeier , do herebq make application for withdrawal from claeaification, eubject to the pooviaione of aa Act approved March 10, 1921, as amended, entitled "An Act to encourage timber production and to protect waterahede, by claeeifying certain landa as forest lands; and preacribing a method of assessing (appraieing) lande thue classified for purpoaea of taastion, " the following described land, of which I am the owner, to-wit: Part of the SE} of the NS� oP Sec. 26, 13S� RIOH� (luion Toanshlp and deseriDed as folloes: Beglrmiag at the N6 eorner oP seid quarter-qnarter aection; thence aouth along the east line of said quarter-querter section 1320 feet to the S6 eorner of_said Querter-Quarter sectlon; thence vest alortg the sonth line oY eaid Querter-quarter secttoa 310 feet; thence north 1320 feoe to tt�e crorth line oP seld Querter-quarter aeotioa; thance eaet along eaid aorth line 310 Yeet � ttm polne of Degi:ming, contsining 9.39 eores, more or leae to be vlthAraen from a Y7.7-aore tract of Clesalfied Pbrest leaving 18.31 acrea stlll classlfled. � W n sa ���/ � o��� /Addresa �� . � ii . � - :/ 7 0 / �' ����-a.-� Addreea SS nature of Ovne and Applicant 1 //7�litiC�oi/A--�� Poet Office Addresa i/�` .�i/r-lr. � County State � 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 51.00 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 tfie landowner has already paid taxes on a one dollar assessment for each of the years that ��his land fias been in the Classified Forest Program. The adjusted assess- ment should 6e 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 par- ticular year., The total of this column is the amount which should be paid per acre for the 10 year (or less) period. To complete the process of calculating taxes owed, take the total of Column 6 and multiply it by the number of acres to be withdrawn. This is the total tax owed for *hA withdrawal. If there are any questions with this form, contact the service forester for your county. �t :• � � REPORT OF APPRAISEMENT *********�*** � i, �� iA � o n , County Assessor of Cibsoa (;ounty, ndiana certify t t the appraisement is on the land herein described and tha[ the fair market value of the whole land classified on the date of Jan. 3 1924 was $45.00 per acre; and that the land so described now ts wor[h�� per acre. (No[e: The difference in these two appraisals is the Increment Tax.) Further, that the true cash value of the remaining land of the section 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: Present Market Market Value Value When Classified The N.W. !t of Sec. 26-3-(0 is worth ��(j. $ 45-$30 The S.W. 'Z of Sec. 2b�3�10 is worth $ 3Q. $4S-$SO The N.E. `� of Sec. 2b-3�10 is worth $.30, $ 4S-$S0 The S.E. % of Sec. 26-3-10 is worth $�j. $ 4i-$30 Date 9-9-?(� Witne � Si 'ture of County As ssor � � ���� Signat e of County Auditor l�' ignature of County re urer YOTE: °Ttie land to be appraised is to be valued at its fair market value exclusive of all timber, buildings, and other improvements, but shall in- clude any, mineral, stone, oil, or gas value it may have. If the appraise- ment is' satisfactory to the owner and State Forester, it is not necessary • to obtain si2natures of the County Auditor and County Treasurer.