Indiana Property Tax Calculator 2026

Calculate property taxes in Indiana. The average effective property tax rate in IN is 0.76%, which is below the national average of 0.89%. Estimate your annual property tax bill.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

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Annual Property Tax

$2,660.00

Monthly Equivalent

$221.67

Effective Rate

0.760%

Property Tax Breakdown

Assessed Value$350,000.00
Homestead Exemption$0.00
Taxable Value$350,000.00
Annual Tax$2,660.00
Monthly Equivalent$221.67

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Indiana Property Tax Guide

Indiana homeowners pay an average effective property tax rate of about 0.76% of a home's value, comfortably below the roughly 0.9% national average. Property tax in Indiana is assessed and billed at the local level: county assessors value the property, and the bill funds schools, libraries, township services, and local government. Because rates are set locally by overlapping taxing units, two homes worth the same amount in different counties can carry noticeably different bills.

Indiana also leans on a homestead system to soften the cost for owner-occupants. A standard homestead deduction and a supplemental deduction reduce the assessed value of a primary residence before the local rate is applied, and the state's constitutional caps limit how high a bill can climb relative to a property's gross assessed value. To rough out a bill from assessed value, start with the assessed value, subtract the deductions you qualify for, and multiply the remainder by your local rate; the 0.76% average is a useful sanity check against the result.

Indiana Property Tax Details (2026)

Avg. Effective Property Tax Rate 0.76%
National Average 0.89%
vs. National Average 0.13 points below
Estate Tax None
State Sales Tax 7%
State Income Tax 2.95% (flat)

Official Sources:

Indiana Property Tax FAQ

How is property tax actually set and collected in Indiana?
It is a local tax. County assessors determine each property's assessed value, and the various local taxing units, schools, townships, libraries, and county government, set rates that combine into your total. The county treasurer then sends the bill, typically in two installments. Because the rates are local, the statewide 0.76% figure is an average, not a fixed rate you can expect everywhere.
What is the homestead deduction and who qualifies?
The homestead deduction lowers the assessed value of a home that serves as your primary residence, and a supplemental homestead deduction reduces it further. Together they shrink the value the local rate is applied to, cutting the bill for owner-occupants. You generally need to own and occupy the home as your principal residence and file for the deduction with the county.
How do I estimate my Indiana property tax bill?
Begin with your property's gross assessed value, subtract the homestead and any other deductions you qualify for to reach the net assessed value, then multiply by your local tax rate. Indiana's constitutional caps then limit the total relative to gross assessed value, so the bill cannot exceed the capped share. Comparing your result against the 0.76% statewide average is a quick reasonableness check.
Why is Indiana's property tax considered relatively low?
At roughly 0.76% effective, Indiana sits below the national average of around 0.9%, partly because of homestead deductions and constitutional caps that limit how much of a home's value can be taxed. The caps were written into the state constitution to keep bills predictable for homeowners. Actual burdens still vary by county since rates are set locally.

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