Assessments FAQs

Swimming Pool

• In-ground Pool – It will be assessed.
• Above GROUND pool – It will not be assessed.

Portable Shed/Shipping Containers

• Electric or plumbing – It will be assessed.

Carport

• If it has concrete foundation – It will be assessed.
• 4 sides enclosed – It will be assessed.
• If no concrete with 1 or more open sides – It will not be assessed.
• Electric – It will be assessed

PTAX-203 and PTAX-203A

The Randolph County Recorder of Deeds Office is a participant in the Illinois Department of Revenue’s MyDec program which allows for the FREE online preparation and submission of real estate property transfer tax declarations. The MyDec program also allows users to track the status of and make corrections to electronically prepared PTAX-203 forms throughout the entire recording process.

Please register to become a MyDec user at https://mytax.illinois.gov/MyDec so you can submit electronically prepared PTAX-203 forms to any Illinois county that participates in the MyDec program.

A detailed set of instructions for the MyDec program can be found at https://www2.illinois.gov/rev/localgovernments/property/Pages/MyDec-Updates.aspx and the Illinois Department of Revenue has a toll-free hotline dedicated to supporting the MyDec program. Support personnel can be reached Monday thru Friday from 8:00AM – 4:30PM by calling 844-445-1114 or via email at Rev.MyDecProject@illinois.gov.

• Homestead Exemptions

This exemption is for property owned and used by a fraternal organization whose members provide financial support for charitable works. Call our office for clarification.

This exemption is for property owned and used by a veteran’s organization on which is located the principal building for the post, camp or charter. Call our office for clarification.

This exemption provides a $5,000 reduction in the equalized assessed value of the veteran’s principal residence. Call our office for clarification.

Yes, this exemption is for a disabled veteran, or the spouse or unmarried surviving spouse of the veteran. The exemption applies to housing where federal funds have been used to purchase or construct special adaptations to suit the veteran’s disability.

This exemption is for taxpayers who are disabled at least 30% or more through the Veteran’s Administration. Call our office for clarification.

This exemption is for taxpayers who are disabled. There are several different ways of qualifying for the exemption. Call our office for clarification.

This exemption is on the property you own and occupy. It is only on residential improvements (not on farm improvements i.e. barn, silo, etc.). It reduces the assessed value by the amount of increase (up to $75,000 Fair Market Value).

This exemption freezes the assessed value (not taxes) back to the base year for each year that the form is completed and returned to the Assessor’s Office. To qualify, a taxpayer must own and occupy the property as their principal dwelling on January 1 and have a household income of $55,000 or less.

This exemption reduces the final equalized assessed value by up to $5,000. To qualify for this exemption, a taxpayer must be age 65 or older during the assessment year, and own and occupy the principal dwelling on January 1st of the assessment year.

This exemption reduces the final equalized assessed value up to $6,000, to fall below the 1977 equalized assessed value. To qualify, a taxpayer must own and occupy a property as the principal dwelling on January 1st of the assessment year.