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(Ohio) Property tax increase question

  • Thread starter Thread starter /u/ChevyTruckMonthLover
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/u/ChevyTruckMonthLover

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Ohio first time homeowner trying to plan ahead for assumed property tax increases.

We bought our house for 355k in February of this year. I just got our property tax bill for 2nd half of 2023. The market value they have on that paper is $266k.

If we bought our house for $355,000 does that mean eventually when they reassess the property taxes that the market value/what I pay taxes on will go up from $266k to $355k? Just trying to plan ahead so I can expect that increase if that does happen. If more specifics are needed I will add.

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(Ohio) Property tax increase question
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