In Aboite Corp. v. State Bd. of Tax Comm'rs, 762 N.E.2d 254, 257 (Ind. Tax Ct. 2001), the petitioner bought farmland, subdivided it into lots, and sold all but one lot. See Aboite, 762 N.E.2d at 256. On that remaining lot, Aboite Corporation built a shopping center. Id. at 257. The State Board of Tax Commissioners subsequently reassessed the lot--changing the classification from "agricultural" to "commercial"--in order to reflect the changed use of the land. Id. Aboite contested the reassessment, arguing that the developer's discount should apply to its land because the land was subdivided into lots. Id. The Court found, however, that because the use of the land had changed, the application of the developer's discount to Aboite's land would frustrate the intent of the exception. Id. at 258.