How is the amount of property tax I owe determined?

Though it may seem to be a simple answer, it is not.  The calculation of a particular parcel tax liability has many moving factors which include but are not limited to:

  • Assessed Value as of 1 January the year prior to taxes due
  • Local Budgets
  • Bonds or Levy's attached by the County and Local Fiscal Bodies
  • Tax Caps
  • Deductions, each applied according to the qualifications of the taxpayer
  • Tax Rates set forth by the State of Indiana based on the Budgetary requirements of each taxing unit

The State of Indiana in conjunction with the Indiana Business Research Center has created a calculator for tax payer use.  This calculator can be found here.  It must be noted that these tools will allow the taxpayer to enter their property's assessed value and possible deductions to see a range of tax bill estimates.

**The estimates provided by these tools are projections only and should not be taken as a statement of true tax liability.

Department or Board / Council / Commission: