The Assessor's Office is responsible for the assessment of all real, personal and exempt property in Le Sueur County.
Responsibilities
The assessment personnel reviews the assessments on approximately 19,000 parcels of property located in 14 townships and 10 cities. It is their responsibility to estimate the market value for tax purposes and to classify property based on its principle use, such as residential, agricultural, seasonal or commercial. Other duties include determining which properties are subject to taxation and which qualify for homestead classification.
Process
Staff members constantly strive to achieve uniform assessments on all properties. Annual sales studies are used to analyze market conditions and determine how the Assessor's estimated value compares to actual property sales.
The Minnesota Department of Revenue requires the Assessor's estimated market value to fall within a range of 90% to 105% of actual market value. Notices are mailed to property owners informing them of their new value and or classification and their right to appeal to the local Board of Review.