Indiana Business Valuation

5.0from 80+ client reviews

Business valuations in Indiana for donations, M&A, gift tax, and IRA conversion, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises small businesses, partnerships, corporations, professional practices, and franchises across Indiana, including Indianapolis, Fort Wayne, and Evansville.

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DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, INDIANA COURTS, LENDERS, INSURERS, AND MORE.

  • IRS
  • GASB
  • Indiana Courts
  • U.S. Small Business Administration
  • Chase
  • Old National Bank
  • Bank of America

Credentialed Appraisers Serving Indiana

Between them, our business valuation appraisers hold ASA, ABV, and CFA designations, and every report is written to USPAP for the IRS, Indiana courts, lenders, insurers, and more.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Justin Ramirez

Justin Ramirez

Business Valuation Expert & Appraiser

ASA, ABV, and CFA charterholder. Since 2016 Justin has valued businesses for estate and gift tax, purchase price allocations, fairness opinions, lending, and buy-sell agreements, across manufacturing, services, retail, and pre-revenue biotech.

Raymond Ghelardi

Raymond Ghelardi

Business Valuation Expert & Appraiser

Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • American Society of AppraisersAccredited Senior Appraiser
  • AICPAAccredited in Business Valuation
  • CFA InstituteChartered Financial Analyst
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

About Business Valuation Appraisals in Indiana

AppraiseItNow provides professional business valuation appraisal services throughout Indiana, supporting individuals, business owners, attorneys, and financial advisors who need credentialed, defensible valuations. Our appraisers handle a wide range of purposes, including charitable donations, mergers and acquisitions, gift tax reporting, and IRA conversions, delivering reports that meet IRS requirements and USPAP standards. Whether you are navigating a complex M&A transaction in Indianapolis, planning a charitable contribution of a business interest, or addressing gift tax obligations tied to a transfer of ownership, our team brings the expertise and documentation your situation demands.

AppraiseItNow serves clients across Indiana through both remote and onsite appraisal options, making it easy to get a qualified valuation regardless of your location or timeline. Our business appraisal process is designed to be thorough and efficient, drawing on asset-based, income-based, and market-based methodologies appropriate to Indiana's diverse economic landscape, from manufacturing and logistics firms to life sciences companies and agribusinesses. We offer Fair Market Value (FMV) appraisals for various intended uses.

What Types of Business Valuation Do We Appraise in Indiana?

Our appraisers evaluate a broad range of business interests and entity types across Indiana's key industries, applying the valuation methodology best suited to each engagement. Common business types and interests we appraise include:

  • Privately held corporations, including S-corps and C-corps
  • Limited liability companies (LLCs) and multi-member LLCs
  • Partnerships and limited partnerships
  • Sole proprietorships and professional practices
  • Manufacturing and industrial businesses
  • Logistics, transportation, and distribution companies
  • Life sciences, pharmaceutical, and healthcare businesses
  • Agricultural operations and agribusinesses
  • Retail, wholesale, and service-based businesses
  • Fractional and minority ownership interests

Indiana's economy spans a wide range of sectors, and our appraisers are experienced in applying appropriate discounts and premiums, including marketability and minority interest discounts, where the evidence and circumstances support them. Whether the business operates as a going concern or requires a liquidation premise, our reports clearly document the standard of value, effective date, data sources, and methodology used.

Who Does AppraiseItNow Serve in Indiana?

AppraiseItNow serves business owners, estate attorneys, CPAs, financial planners, corporate executives, and individual investors throughout Indiana who need credentialed business valuations for tax reporting, transactional, or legal purposes. From small family-owned manufacturers in Elkhart to mid-sized logistics firms near the I-65 and I-70 corridors, we work with clients across every industry and every region of the state.

What clients say we are known for

AppraiseItNow Reviews: “The report was quite thorough as well” and “The team was highly knowledgeable, helpful, and efficient”

  1. Being the appraiser they come back to“I highly recommend their appraisal services, especially for private companies” Steve R.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runsMentioned in 34 reviews
  3. Showing the research and the comparables behind the number“Their work was quick, thorough” Jeff H.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • Responsive, professional, first class deliverables -- especially considering that that the appraised assets are extremely complex financial assets with little by way of comps. The deliverable satisfied my accountants and advisers as being more than adequate to support the valuation needed to complete a conversion to a Roth IRA
    Dave T. ·

    Business Valuation Appraisal for IRA Conversion

  • Joe and Aron were extremely impressive - the entire process went very smoothly. They were always quick to respond to any questions I had and could not have been more helpful. They were aware of some tight time restrictions I had and made sure I received my reports in a timely fashion. I highly recommend them to anyone needing a valuation.
    William L. ·

    Business Valuation Appraisal for Charitable Donation

  • I used AppraiseItNow to examine a contribution to a foundation. Their work was quick, thorough, and easy to work with, as they’ve developed a simple system for uploading documents. I plan to use them again.
    Jeff H. ·

    Business Valuation Appraisal for Charitable Donation

  • The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
    Steve R. ·

    Business Valuation Appraisal for IRA Conversion

  • I found them professional & responsive. The report was quite thorough as well.
    Daniel L. ·

    Business Valuation Appraisal for Charitable Donation

  • From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
    Chris S. ·

AppraiseItNow delivers written business valuations for gift and estate tax, IRA conversions, charitable donations, and buy/sell agreements

Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.

Popular uses of our appraisal reports include:‍

Transactions, Lending & Investment

Frequently Asked Questions on Indiana Business Valuations

Can any accountant value an Indiana business for IRS purposes?

The IRS expects appraisers to follow its Business Valuation Guidelines and recognized professional standards, with documented qualifications and structured procedures; IRS engineers and agents use those guidelines to evaluate submitted appraisals. Assuming any CPA letter will do is a common misconception that invites scrutiny.

What date controls a company's value in an Indiana divorce?

Indiana courts value marital property, business interests included, as of the filing date or as near as practicable to the final hearing, dividing the estate in a just and reasonable manner rather than an automatic 50/50 split. Pinning the valuation to the correct date is as important as the number itself.

Do all three valuation approaches apply to an Indiana company?

All three must at least be considered: income, market, and asset-based. Professional standards and IRS guidance require appraisers to weigh each and to document why any approach was rejected, a step whose omission is a common deficiency flagged in reviews.

Does Indiana tax business equipment at fair market value?

No. IC 6-1.1-31-7 states that true tax value for personal property does not mean fair market value; it is the figure produced under the state’s rules from cost, depreciation, use, location, and related factors, and assessed value is that amount rounded to the nearest ten dollars. A market appraisal and a personal property return can differ substantially on the same assets and both be correct for their purpose.

Where is an Indiana company’s personal property assessed if it works in several counties?

At the owner’s residence for a resident owner, and at the owner’s principal Indiana office for a nonresident owner, measured on the assessment date, under IC 6-1.1-3-1 apart from specified special cases. Equipment and vehicles can therefore be assessed in a different jurisdiction than the yard or jobsite where they physically sit, which surprises multi-county operators.