datapitstop » Grant County Government, Indiana » Assessor »FAQDirectory
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
I’m renting my property as “Rent to Own.” Why doesn’t this qualify?
Rental properties are valued using the Income Approach for properties that have been purchased as income investments with no intent to sell to the tenant. Rent-to-Own is basically an unrecorded contract to sell the property. If the contract to sell is recorded, then the tenant would be able to apply for various exemptions, including the homestead.

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