Property tax is a tax levied or assessed on the owner of property—often real property (real estate)—that is based on the property’s appraised value. Local governments often impose property taxes to finance their school districts, police departments, fire departments, and municipal projects such as construction and maintenance of streets and roads.

Most local government authorities (often counties) allow citizens to dispute or challenge the appraised value of their property through an administrative process initiated with the tax assessor or appraisal district.

In Indiana, property tax is imposed on real property owners based on the assessed value of their property. The assessment is conducted annually by local government officials, typically at the county level. The revenue generated from property taxes is used to fund various local services and infrastructure projects, including schools, law enforcement, fire protection, and road maintenance. Property owners in Indiana have the right to challenge the assessed value of their property if they believe it is incorrect. This is done by filing an appeal with the local county assessor's office. The appeal process involves a review of the property's assessment, and if the property owner is not satisfied with the outcome, they can further appeal to the Indiana Board of Tax Review. It is important for property owners to be aware of the deadlines for filing appeals, as missing these deadlines can result in the loss of the right to challenge the assessment for that tax year.