- Home
- Your Government
- Assessor
- Property Tax Credit & Exemptions
Property Tax Credit & Exemptions
The following is a list of common credits offered, who is eligible to receive these credits and how to apply.
-
Ag Land Credit
This credit was established to partially offset the school tax burden borne by agricultural real estate.
-
Barn & One Room School House
Exempts from taxation the increase in assessed value from improvements made to barns constructed prior to 1937 and one room school houses.
-
Business Property Tax Credit
This credit is available for certain commercial, industrial and railroad properties.
-
Disabled Veteran Homestead
Veterans with 100% service related disability status qualify for this credit. Veterans also qualify who have a permanent and total disability rating based on unemployability paid at the 100% disability rate.
-
Family Farm Land Credit
Credit established to partially offset the school tax burden borne by agricultural real estate.
-
Forest & Fruit Tree Reservation
Provides an exemption for property established as a forest or fruit tree reservation.
-
Geothermal Exemption
Exemption for value added by any new or refitted construction or installation of a geothermal heating or cooling system on or after July 1, 2012, on property classified as residential.
-
Historic Property Rehabilitation
Property approved by the Assessor is eligible for a property tax exemption for up to four years if it meets the definition of “historic property.”
-
Homestead Credit
Originally adopted to encourage home ownership through tax relief.
-
Industrial, Research-Service, Warehouses Exemption
Exemption to encourage industrial and commercial development.
-
Military Exemption
Reduces the taxable value of property for military veterans.
-
Native Prairie/Wetlands Exemption
This is an exemption for land preserved in its natural condition.
-
Religious, Educational & Charitable Property
This is an exemption is for property used for religious, education or charitable purposes.
-
Urban Revitalization Exemption
Urban Revitalization Exemption is a value-added exemption, to encourage development in urban areas.
-
Wind Energy Property Exemption
This exemption promotes energy conservation.
-
Assessor's Office
Physical Address
1215 Edgington Avenue
Suite 2
Eldora, IA 50627
Phone: : 641-939-8100Fax: : 641-939-8245
Hours
Monday - Friday
8:00 AM - 4:30 PM