If I purchased a home on foreclosure, should my assessed value change?

According to State Law, foreclosures are not considered to be "good" sales and are not used to determine the assessed value. They are considered to be a "forced" sale, in which the bank was forced to sell the home. If the foreclosed property was not left in normal condition, you may consider notifying the Assessor's Office so that an appraiser may walk through the home to determine the value.

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1. How do I find my current property value?
2. Do I need to sign for homestead every year?
3. If I am a veteran and have been honorably discharged, what do I need to do to sign up for military exemption?
4. How does the assessor know if I have had home improvements on the inside of my property?
5. If I purchased a home on foreclosure, should my assessed value change?
6. What factors will change my assessed value?
7. What is market value?
8. How does the Assessor determine market value?
9. My assessment information is incorrect. For example, the website says that I have a finished basement and my basement is not finished, how do I correct that?
10. How often is my home reassessed?
11. Doesn't the Assessor raise my value according to the amount of taxes needed?
12. How do I know if my assessed value changes?
13. If I don't agree with my assessed value, what do I do?
14. How is agricultural land assessed?