Property values in Johnson County are on an upswing after a drop in 2012.
The total value of property, also called assessed value, in Johnson County increased 5 percent this year. Cities, towns and school districts, for the most part, had similar increases of about 5 percent or higher. The increase was the highest for homes, land and businesses included within the Center Grove school district since 2007, officials said.
Recent increases in property values reflect economic recovery after the recession, with more new construction of homes and commercial buildings and an improving housing market, Johnson County Assessor Mark Alexander said. When determining how much homes,
businesses and land are worth, the county considers the selling prices in the previous year, he said.