Estimate your Indiana property tax based on the state's 0.77% average effective rate. Enter your home value for an instant, free calculation.
Enter any tax exemption amount you qualify for in Indiana
Indiana taxes a property's 'market value-in-use' and caps homestead bills at 1% of gross assessed value under its constitutional circuit breaker. Major reforms passed in 2025 are phasing the standard homestead deduction down through 2030.
Each county assessor annually sets a property's market value-in-use through mass appraisal, then subtracts Homestead Standard and Supplemental deductions to reach net assessed value, to which local rates are applied. Constitutional circuit-breaker caps limit the bill — 1% of gross assessed value for homesteads.
| Home Value | Estimated Annual Tax | Monthly (Escrow) |
|---|---|---|
| $214,000 (median) | $1,648 | $137/mo |
| $250,000 | $1,925 | $160/mo |
| $600,000 | $4,620 | $385/mo |
Effective rates vary within Indiana. These figures are median-tax-to-median-value estimates from U.S. Census ACS data (2019–2023 ACS 5-year (SmartAsset)) for some of the most populous counties:
| County | Effective Rate |
|---|---|
| Marion County | 0.93% |
| Lake County | 0.92% |
| Hamilton County | 0.89% |
| St. Joseph County | 0.89% |
| Porter County | 0.84% |
| Allen County | 0.79% |
| Hendricks County | 0.79% |
| Vanderburgh County | 0.74% |
Among these counties, effective rates range from about 0.74% in Vanderburgh County to 0.93% in Marion County. Your actual rate depends on the local mill/millage set by your county, city, and school district.
For owner-occupied homes the Homestead Standard Deduction was $48,000 in 2025 and is being phased down and eliminated by 2030 under Senate Enrolled Act 1 (2025). A Supplemental Homestead Deduction (40% of remaining assessed value in 2026, rising toward 66.7% by 2030) also applies, and SEA 1 adds a new homestead credit equal to 10% of the tax owed, capped at $300.
Under SEA 1 (2025), the Over-65 benefit becomes a $150 credit starting with taxes payable in 2026, with income limits of $60,000 single / $70,000 joint and the old assessed-value cap removed. Disabled-veteran benefits (historically deductions around $14,000 for partially disabled wartime veterans and about $24,960 for totally disabled veterans) are being converted to credits, and a blind/disabled deduction of roughly $12,480 also exists.
Property taxes are paid in two installments each year, due May 10 and November 10.
File Form 130 (Taxpayer's Notice to Initiate an Appeal) with the county assessor, generally within 45 days of the assessment notice (or by June 15 of the assessment year). Appeals go to the county Property Tax Assessment Board of Appeals, then the Indiana Board of Tax Review.
Indiana's average effective property tax rate is about 0.74% of home value, below the national average, with a median annual bill near $1,800. Homestead deductions can lower the effective rate for owner-occupants.
Senate Enrolled Act 1 (2025) phases out the standard homestead deduction by 2030, adds a 10% homestead credit capped at $300, and converts the Over-65 and disabled-veteran deductions into credits.
They are due in two installments, on May 10 and November 10 each year.