2026 effective rate · 0.79% · below the US average (0.99%)
Indiana Property Tax Calculator
Estimate annual and monthly property tax in Indiana. The state's effective property tax rate is 0.79% (close to the national average, vs the US average of about 0.99%). On a $190,000 median-value home, that works out to about $1,478 per year or $125 per month.
Indiana median home property tax
$1,501 per year
$125 per month at the median home value of $190,000
Effective rate 0.79% times $190,000 = $1,501
Indiana property tax at common home values
| Home value | Annual property tax | Monthly | % of value |
|---|---|---|---|
| $150,000 | $1,185 | $99 | 0.79% |
| $190,000 (median) | $1,501 | $125 | 0.79% |
| $250,000 | $1,975 | $165 | 0.79% |
| $350,000 | $2,765 | $230 | 0.79% |
| $500,000 | $3,950 | $329 | 0.79% |
| $750,000 | $5,925 | $494 | 0.79% |
Uses Indiana's 2026 effective rate (0.79%). Actual taxes vary by county and exemptions. For full PITI mortgage estimate including taxes + insurance, use the Indiana mortgage calculator.
Indiana property tax overview
Indiana caps property tax at 1% of assessed value for primary residences (2% for rentals, 3% for commercial). Homestead deduction available for owner-occupied homes.
Indiana's effective rate of 0.79% ranks close to the national average nationally. Median annual property tax: $1,478. Median home value: $190,000.
Indiana vs neighboring states
FAQs about Indiana property tax
What is the property tax rate in Indiana?
Indiana's effective property tax rate is 0.79% (close to the national average, vs national average of ~0.99%). On a $190,000 median-value home, that's about $1,478 per year, or roughly $125 per month added to your housing cost.
How is property tax calculated in Indiana?
Property tax = assessed value times the local mill rate (millage). The effective rate (0.79%) is what you actually pay as a percentage of market value, accounting for assessment ratios, exemptions, and millage. For a home valued at X, multiply X by 0.79% for an annual estimate.
When are property taxes due in Indiana?
Property tax due dates vary by county within Indiana. Most counties bill annually with either a single payment or two installments. Common payment deadlines fall in late summer (1st half) and late winter (2nd half). Check with your county tax assessor for exact dates and any escrow arrangements through your mortgage lender.
Does Indiana have a homestead exemption?
Indiana caps property tax at 1% of assessed value for primary residences (2% for rentals, 3% for commercial). Homestead deduction available for owner-occupied homes.
How does Indiana property tax compare to neighboring states?
Indiana's 0.79% rate compares to: Michigan (1.33%), Ohio (1.36%), Kentucky (0.80%). Property tax burden can vary significantly between neighboring states — moving 30 miles across a state line can change your annual tax bill by thousands.
Can I appeal my property tax assessment in Indiana?
Yes. Every US state including Indiana provides a formal property tax appeal process. Steps: (1) request your property's assessment record from the county assessor, (2) gather comparable sales from your neighborhood, (3) file a formal appeal within the deadline (usually 30-60 days after assessment notice). Successful appeals typically save 5-15% on annual tax bills.
How can I lower my Indiana property taxes?
Common strategies: apply for homestead exemption (primary residence), senior or disabled exemptions if eligible, veteran's exemptions, and appeal over-assessment. Track your county's assessment notices carefully and verify the appraisal matches recent comparable home sales. Avoid major visible upgrades right before reassessment dates.