Indiana Property Tax Calculator
Calculate property taxes in Indiana. IN effective property tax rate is 0.81% with a median home value of $220,000. Includes IN assessment ratios and exemptions.
Indiana at a Glance
$220,000
Median Home Price
0.81%
Property Tax Rate
$1,400
Avg Home Insurance
$472,030
FHA Loan Limit
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Reviewed & Methodology
Every calculator is built using industry-standard formulas, validated against authoritative sources, and reviewed by a credentialed financial professional. State-specific data is sourced from official government publications.
Property Tax Calculator in Indiana
The median home price in Indiana is $220,000, which is 48% below the national average of $420,000. Indiana's effective property tax rate of 0.81% is 0.29 percentage points lower than the national average of 1.1%.
| Metric | Indiana (IN) | National Avg | vs National Average |
|---|---|---|---|
| Median Home Price | $220,000 | $420,000 | -48% |
| Property Tax Rate | 0.81% | 1.1% | -0.29% |
| Home Insurance (Annual) | $1,400 | $2,300 | -39% |
| State Sales Tax | 7% | 5% | +2.0% |
| FHA Loan Limit | $472,030 | $472,030 | Standard |
| Conforming Loan Limit | $766,550 | $766,550 | Standard |
Indiana offers a homestead exemption of $48,000, which reduces the taxable value of your primary residence. The state uses an assessment ratio of 100% to determine the assessed value for property tax purposes.