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�*3 <br />2015 Elk River Board of Appeal and Equalization <br />April 13th, 2013 <br />Recommendations from County Assessor <br />For changes to the 2015 Assessment <br />HICKEY, THOMAS J & LAURA A <br />501 MAIN ST NW <br />ELK RIVER MN 55330 <br />LEGAL DESCRIPTION: LOTS 1,2 & 3, Blk 14 <br />SEC /TWP /RGE : 34 33.0 26 <br />ACRES: .43 <br />PROPERTY TYPE: COMMERCIAL <br />2015 Original <br />Land $ 91,500 <br />Building $ 326,500 <br />Total $ 418,000 <br />P.I.N. 75- 405 -1410 <br />405 Village (Elk River) <br />2015 Suggested Change <br />Land $ 73,200 <br />Building $ 326,500 <br />Total $ 399,700 <br />Reduction: $18,300 Land Decrease ( -$1.00 per sq. ft.). <br />Reason: With the close proximity to the railroad tracks, a decrease to the land value is <br />equitable with surrounding properties. <br />