Chapter Awards

 

Richard E. Nichols, MAI, SRA Lifetime Achievement Award
The Richard E. Nichols, MAI, SRA Lifetime Achievement Award Committee was originally established as the “Hall of Fame Award” by Chapter V of the Society of Real Estate Appraisers. This award was renamed in 2007 as a tribute to the first recipient, Richard E. Nichols, MAI, SRA.

The Richard E. Nichols, MAI, SRA, Lifetime Achievement Award was established to recognize those individuals who exemplify Mr. Nichols’ high level of service and many contributions to the Appraisal Institute, the appraisal profession, and the community as a member of the Hoosier State Chapter. The professional lives of these recipients shall have brought wide recognition, historic achievement, and meaningful purpose to the Hoosier State Chapter.

In appreciation of their efforts, each recipient is also formally recognized as a member of the Hoosier State Chapter “Hall of Fame.”

Award Recipients

2019 Stephen S. Wagner, MAI, SRA, AI-RRS, AI-GRS
2018 Randy Scheidt, MAI, SRA
2017 Jim Hawkins, MAI, SRA, AI-RRS
2016 Thomas P. Morlan, MAI, SRA
2014 Jay E. Allardt, SRA
2013 John T. Newlin, MAI
John S. Newlin, MAI
2012 Michael C. Lady, MAI, SRA
2011 Nick A. Tillema, MAI, SRA, AI-GRS, AI-RRS
2010 Steven R. Graves, MAI, SRA
2009 Carl H. Heckman, MAI, SRA
2008 Richard L. Borges, MAI, SRA, AI-GRS, AI-RRS
Mark R. Rattermann, MAI, SRA
2007 Richard E. Nichols, SRA
1990 William L. Halpern, SRA
1989 James A. Roman, SRA
1988 John L. Bulger Jr., SRA
1986 Dennis L. Thompson, SRA
Joseph G. Wood Jr., SREA
Richard E. Nichols, SRA

 

Richard Edwin Nichols

Clearwater, FL – Richard Edwin Nichols, Clearwater, Florida, passed away October 27, 2020. He was born November 5, 1935, in Quincy, Illinois. He graduated from West Pike High School and from the University of Illinois. He was commissioned into the U.S. Army and served as an Army Ranger in the 101st Airborne Division. Upon his discharge, he attended Purdue University where he earned a Master’s Degree in Agricultural Economics. It was there that he met his wife of 59 years, Jo Lysek, a native of Tarpon Springs, Fl. He worked for three years for the Indiana Highway Commission as an appraiser and chief review appraiser before going into business with other real estate appraisers. He ultimately formed his own company, Richard E. Nichols and Associates, located in Indianapolis, Indiana, specializing in commercial and industrial real estate appraisals and feasibility studies. Among his clients were the Simon Property Group and the city of Indianapolis. He was a member of the Society of Real Estate Appraisers and in 1985 served as its international president. At that time it was the largest real estate appraisal organization in the world. The Society later merged with the Appraisal Institute of which he was also a member. He belonged to the American Society of Appraisers, Farm Managers and Rural Appraisers, the American Right-of-Way Association, and the Real Estate Counseling Group. He chaired the National Appraisal Foundation and the Indiana Real Estate Appraisal Licensing Board. He was named a Sagamore of the Wabash by Indiana Gov. Robert Orr. He was a member of Rotary International and a Paul Harris Fellow, a 32nd degree Mason, both Scottish and York Rites, a member of Broadway United Methodist Church in Indianapolis, and the Belleair Country Club. He served for several years as a Guardian ad Litem in Pinellas and Pasco Counties. He was an avid tennis player and loved to travel. He and his wife traveled extensively throughout the world. He loved his family dearly and was a devoted husband, father, and grandfather. His most treasured trips were those with his family. He is survived by his wife, Jo, daughter Kimberly Nichols of Indianapolis, son Richard Edward Nichols (wife Christine) of Chicago, daughter Rebecca Smith (husband Rex) of Hannibal, Mo., grandson Richard John Nichols and granddaughter, Hallie Nichols, and a brother, Phillip Nichols (wife, Theresa) of Avon Park, Florida. A memorial service will be held at a later date.

 

Edward L. White Achievement Award 
The Edward L. White Achievement Award shall be presented to the Chapter professional(s) who has contributed to the benefit of all at a level of professionalism and devotion to the Chapter, the Institute and the appraisal profession as exemplified by the unselfish dedication of Edward White.
Recipients are appraisers who has furthered the appraisal profession through such activities as teaching, participation in Chapter activities, being a mentor to newer members and someone who has shown a willing and genuine concern in assisting and counseling others.

Past Recipients 

2014 Jeffrey R. Vale, MAI, SRA
2011 Lawrence W. Mitchell, MAI
2010 Stephen S. Wagner, MAI, SRA, AI-GRS
2009 Joseph C. Traynor
2008 David B. Cain, MAI
2006 William R. Bartlett II, MAI, SRA
2005 Nick A. Tillema, MAI, SRA, AI-GRS, AI-RRS
2004 Robert C. Bommer, MAI, SRA
2003 Janice E. Evans, SRA
2002 Bonnie Mitchell, MAI
2001 Jay E. Allardt, SRA
2000 Richard L. Borges II, MAI, SRA
1999 Michael C. Lady, MAI, SRA
1998 John Snell, MAI
1996 C. David Matthews, MAI, SRA, SRPA
1995 Mark R. Rattermann, MAI, SRA
1994 John R. Lewis, SRA
1993 Lowell K. Griffin, MAI
1990 Thomas P. Morlan III, SREA
1988 Augustus W. Hamilton, SRA
1987 William D. Price, SRPA
John L. Bulger Jr., SRA
1986 F. Joseph Viehnann, SRPA
1984 John D. Murphy, SRA
1983 Joseph G. Wood Jr., SREA
1982 Richard E. Nichols, SREA

 

Hoosier State Chapter Members Recognized as Volunteers of Distinction

“The Appraisal Institute’s recognition program honors volunteers for their service to the Appraisal Institute, to the real estate valuation profession and to their local communities. Each month, the Appraisal Institute will recognize one honoree in each region as a Volunteer of Distinction.”
AppraisalInstitue.org

2016

Thomas P. Morlan, MAI, SRA
Full News Release and more information

 

2015

Mark Rattermann, MAI, SRA
Full News Release and more information

B. LaVonne Borges, SRA
Full News Release and more information

Erick Landeen, MAI
Full News Release and more information

2014

Jeff Vale, MAI, SRA
Full News Release and more information

Janice E. Evans, SRA
Full News Release and more information

2011

David Matthews, MAI, SRA
Full News Release and more information