Home/Property Tax/IN

Indiana

Property Tax Rates & Rules

0.81%
Effective Rate
$1,944
Median Annual Tax
$240k
Median Home Value
Available
Homestead Exempt

Full Tax Details

Avg Effective Rate0.81%
Median Home Value$240,000
Median Annual Tax$1,944
Assessment Ratio100%
Homestead ExemptionYes
Senior ExemptionYes
Highest Rate CountyLake
Lowest Rate CountyOhio
Payment ScheduleTwo installments: May 10 and November 10.

Assessment Method

Tax liability for homesteads is capped at 1% of gross assessed value.

Homestead Exemption Details

Standard Deduction: lesser of $45,000 or 60% of value; Supplemental Deduction applies after.

Senior Exemption Details

Over 65 Deduction and circuit breaker caps prevent taxes from rising more than 2% annually.

How to Appeal Your Assessment

File Form 130 with local assessor by June 15 or 45 days after notice.

Official Source

Indiana Tax Authority

View Official Site →

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.