Property Tax for Indiana (2026)

How This Calculator Works in Indiana

This calculator estimates your annual Indiana property tax based on your home's value and the state's average effective rate of 0.85%. Enter your property value to see your estimated annual tax bill.

Indiana Overview

Indiana has an effective property tax rate of 0.84%, near the national average of ~1.11%. A defining feature of the state's system is that 1% cap on homesteads, 2% rentals, 3% commercial. Circuit breaker credits limit tax as % of assessed value, making it important for homeowners to understand local assessment practices and available exemptions.

How Indiana Compares

Indiana's property tax rate of 0.85% compares to Illinois at 2.27% and Ohio at 1.56%. The moderate rate reflects a balanced approach to property taxation.

Indiana's property tax rate of 0.85% compares to a national average of approximately 1.11%. This is below the national average.

Tips for Indiana Residents

• 1Indiana's effective property tax rate of 0.84% is near the national average of ~1.11%. Key feature: 1% cap on homesteads, 2% rentals, 3% commercial.
• 2Circuit breaker credits limit tax as % of assessed value. Always verify your assessed value matches your property's actual condition and features.
• 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — Indiana allows formal protests through the county or local assessor's office.
• 4Check whether you qualify for Indiana's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
• 5Indiana property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 0.84% rate, a $350,000 home owes roughly $2,940/year before exemptions.

Frequently Asked Questions