COLUMBUS, Ohio ( WCMH ) — NBC4 Investigates has heard from people all across Franklin County who are struggling to stay in their homes as rising property taxes drive long-time residents away. There is a chance for relief, but residents need to take action.
NBC4 Investigates got to see how appraisers reassess destroyed and damaged properties, and it gave insight into how mass reappraisal works.
Every six years, by law, a county will reassess a home’s value. The last one was in 2023 and central Ohio saw a historic increase.
Ohio Gov. Mike DeWine gives 2025 State of the State address
A home is evaluated on improvements, recent sales around it and neighborhood appeal. Owners pay real estate taxes on the assessed value: 35% of the property’s value. The rest of the tax bill comes from levies…