The Madison County Tax Assessor has general
charge of the listing, appraisal, and assessment of all real and
personal property in the county for taxation purposes. Each year as
of January 1st, the Assessor must compile a tax roll of property
subject to “ad valorem” (according to value) taxation. Real property
is permanently listed in Madison County which means the owner is not
required to re-list every year unless improvements or changes were
made in the previous year. Personal property such as business
equipment, single-wide mobile homes, boats,
farm machinery, unlicensed campers and
unregistered motor vehicles must be listed
every year during the annual listing period that
runs from January 1st thru the 31st.
The Assessor’s Office
is responsible for maintaining changes
in property ownership and all
property maps. The office has a
Geographic Information System (GIS) with maps showing property
boundary lines, aerial photography and other information.
The N.C. General Statutes mandate that all real
property (land and buildings) must be reappraised at least once
every eight years. Madison County contracts with Pearson's Appraisal
to assist with the appraisal of real property.
Geographic Information System (GIS)
What is GIS?
GIS is a combination of attribute and
geographical data, computer hardware, and software used to provide a
point of reference for an object or objects located on the earth’s
surface. Objects include land parcels, roads and streets, buildings
and any other
object that can be referenced.
Through the integration of county
tax records, parcel mapping, and information
from various state and local agencies, the GIS
System provides a variety of geographical information.
How is GIS Used?
GIS is used by private
companies and federal, state and local management agencies for
resource management and developmental planning. City and county
officials use GIS to establish tax, zoning, and emergency response
districts. GIS can be used by any individual, business or agency
that utilizes geographical information. For example, the real estate
industry uses GIS to determine the best location for a new business
based on area population and land values. Foresters use GIS to
identify potential forest land purchases.
GIS Data and the Internet
In the very near future, Madison County’s
GIS will be online. The internet will enable users to
access and analyze spatial data, download spatial data files, view
data layers through a spatial explorer and print maps. Users will
have 24-hour access to information in the Tax Assessor’s Office
without being limited by normal office hours.
Madison County, like
most counties in North Carolina, has converted all rural route and
to house number and street
addresses. The objective of the
E-911 Addressing Project was to implement
a permanent and consistent addressing system to facilitate
more efficient emergency response and mail delivery.
Addressing of new structures in the county is
done in the 911 Office. An address must be assigned before the
permits office can officially issue a building permit for a new
structure. Utility companies will not provide services to a
structure that does not have an E-911 address. Please see the E-911
Website for additional information.
What Does The Tax Assessor
The County Tax Assessor lists and values all
real and personal property subject to ad valorem (according to
value) taxation on an assessment roll each year. The Assessor’s
primary responsibility is to find the “fair market value” of your
property so that you pay only your fair share of the taxes.
To arrive at the “fair market value” of your
property, the Assessor must know what “willing sellers” and “willing
buyers” are doing in the marketplace. She must also keep current on
the cost of construction in the area and any changes in zoning,
financing, and economic conditions which may affect property
What The Tax
Assessor Does Not Do
The Assessor does not make the laws which
affect property owners. The Machinery Act of North Carolina, which
contains legislation adopted by the N. C. General Assembly, provides
the statutory framework for property assessment and taxation.
The Assessor does not raise or lower taxes. Taxes are levied by
the Madison County Board of Commissioners and are collected by the
Madison County Tax Collector.
How Are My Property Taxes
The amount of taxes you pay is determined by
the “tax rate” applied to your property’s assessed value.
rates are based on dollars or cents per $100 of assessed valuation
($/$100). To calculate taxes on your property, take the assessed
value and multiply it by the tax rate to arrive at the amount due.
For example, if your home and land are assessed at $30,000 and the
tax rate is $.51/$100, you would pay $30,000 x $.0051 = $153 in
property taxes to the county.
The amount of taxes you pay would
vary if you have applied for and are approved for the following: 1)
Elderly and Permanently Disabled Persons Tax Exclusion; 2)
Agricultural or Forestry Land Use Program; or 3) Property tax
exemption. You can find out about these programs by contacting the
How Can My Taxes
Decrease or Increase?
When the Board of County Commissioners
decreases or increases tax rates, your property tax bill will
decrease or increase.
If you make changes or improvements to
your property, such as adding a garage, an additional room, or
removing a building, the changes or improvements will be appraised
and your assessed valuation would either increase or decrease
directly affecting your tax bill.
How Is My Assessment
The Assessor uses the three nationally
recognized appraisal approaches to value, those being cost, income,
and market. This data is then correlated into a final value estimate
that becomes your property’s assessed valuation.