Nationwide wins property tax appeal against Polk County, could receive $875,000 refund

Nationwide wins property tax appeal against Polk County, could receive $875,000 refund

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BPC Staff | Feb 17, 2022 | 8:39 pm |

<1 min read time

Polk County may have to pay Nationwide Mutual Insurance Co. about $875,000.

Des Moines Register: Polk County may have to pay Nationwide Mutual Insurance Co. about $875,000. In an order issued Wednesday, the Iowa Court of Appeals ruled that the county’s board of assessors overvalued the insurance company’s two downtown Des Moines buildings in 2017 by a combined $17.5 million. Polk County Assessor Randy Ripperger said Nationwide could either ask for a refund or receive a credit on future property tax bills.