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 has a moderate effective property tax rate of 0.77%, ranking 33rd nationally. The state's property tax caps (Circuit Breaker) limit property taxes to 1% of assessed value for homesteads, 2% for other residential, and 3% for commercial/industrial.
Indiana assesses property at 100% of true tax value. The unique Circuit Breaker program caps property taxes as a percentage of assessed value, providing meaningful protection for homeowners in high-tax areas.
| Home Value | Estimated Annual Tax | Monthly (Escrow) |
|---|---|---|
| $250,000 | $1,925 | $160/mo |
| $213,800 (median) | $1,646 | $137/mo |
| $600,000 | $4,620 | $385/mo |
Indiana offers a mortgage deduction ($3,000 maximum), homestead deduction ($48,000 or 60% of assessed value, whichever is less), and a supplemental homestead deduction. Over-65 and disabled veterans receive additional benefits.
Indiana property taxes are due May 10 (first installment) and November 10 (second installment).
Marion County (Indianapolis) and Lake County (Gary area) have the highest rates. The Circuit Breaker program has reduced revenue for some local governments, creating ongoing fiscal debates.