Awards

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

2017	Randy Scheidt, MAI, SRA
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

Chapter Awards

Hoosier State Chapter Members Recognized as Volunteers of Distinction

2016

2015

2014

2011