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Gary Landrum, County Assessor
401 S Adams Street-Room 528
Marion, IN 46953
(765) 668-4773 Fax: (765) 664-5555
Office hours: 8:00 a.m. - 4:00 p.m. Monday-Friday
Email: glandrum@grantcounty.net
Website: assessor.grantcounty27.us
FAQ
What is a “GRM”?
A GRM is a Gross Rent Multiplier, or a ratio of sale price to rent.
Gross Rent Multiplier: Sale Price / Rent = GRM.
Rent * GRM = Assessed Value
An example would be: 521 Market St. sold for $35,000 in 2011 and currently rents for a market rent of $500. The annual GRM for this property would be
$35,000 / 500 = 70 or a monthly GRM of: ($35,000/500)/12=5.83.



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