--- title: "Indiana Property Tax Calculator (0.74% Effective Rate) | TaxWren" description: "Indiana homeowners pay a median $1,798 a year in property tax on a median home value of $243,500, an effective rate of 0.74%: the 23rd lowest of the 50 states and DC and 17% below the US rate of 0.89%. Estimate the property tax on any Indiana home." url: https://taxwren.com/property-tax-calculator/indiana --- 2026 tax year ยท updated Oct 15, 2026 # Indiana property tax calculator Indiana homeowners pay a median $1,798 a year in property tax on a median home value of $243,500, an effective rate of 0.74%: the 23rd lowest of the 50 states and DC and 17% below the US rate of 0.89%. ## Estimated property tax per year $1,798 $150 a month at 0.7384% - Median tax paid in Indiana: $1,798 - Median home value there: $243,500 - Same home at the US rate (0.8905%): $2,168 Before exemptions such as a homestead exemption. Rates from the American Community Survey 2024 1-year estimates. ## Indiana property tax by home value At the statewide effective rate of 0.74%, compared with the same home at the US rate. | Home value | Per year | Per month | At the US rate | | --- | --- | --- | --- | | $200,000 | $1,477 | $123 | $1,781 | | $300,000 | $2,215 | $185 | $2,672 | | $400,000 | $2,954 | $246 | $3,562 | | $500,000 | $3,692 | $308 | $4,453 | | $750,000 | $5,538 | $462 | $6,679 | | $1,000,000 | $7,384 | $615 | $8,905 | ## Indiana vs. neighboring states | State | Effective rate | Median tax | Median home value | | --- | --- | --- | --- | | [Illinois](/property-tax-calculator/illinois) | 1.92% | $5,399 | $280,700 | | [Ohio](/property-tax-calculator/ohio) | 1.22% | $2,937 | $239,800 | | [Michigan](/property-tax-calculator/michigan) | 1.18% | $2,988 | $254,200 | | Indiana | 0.74% | $1,798 | $243,500 | | [Kentucky](/property-tax-calculator/kentucky) | 0.71% | $1,611 | $226,000 | ## What Indiana homeowners pay - Median yearly property tax: $1,798 (40th highest of 51); $1,882 for homes with a mortgage and $1,636 for homes without one. - Median value of an owner-occupied home: $243,500, so a typical home pays about $150 a month. - 1,962,896 owner-occupied homes in the survey estimate. - Other taxes: see the [Indiana income tax calculator](/income-tax-calculator/indiana); sales tax averages 7.00% with local taxes ([Indiana sales tax calculator](/sales-tax-calculator/indiana)). These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the [Indiana revenue department](https://www.in.gov/dor) for the rules that apply to you. Source: [US Census Bureau, American Community Survey](https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/1YRData/acsdt1y2024-b25103.dat), American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our [methodology](/methodology). ## Indiana property tax FAQ ### What is the property tax rate in Indiana? The effective rate is 0.74% of home value: the median tax paid ($1,798) divided by the median home value ($243,500), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state. ### How much is property tax on a $300,000 house in Indiana? About $2,215 a year ($185 a month) at the statewide effective rate, before any exemptions you qualify for. ### Does Indiana have high property taxes? Indiana has the 23rd lowest effective property tax rate of the 50 states and DC (rank 29 of 51, 1 = highest) and the 40th highest median bill. ### Can I deduct Indiana property tax? On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax. More for Indiana - [Indiana paycheck calculator](/take-home-pay-calculator/indiana) - [Indiana income tax calculator](/income-tax-calculator/indiana) - [Indiana sales tax calculator](/sales-tax-calculator/indiana) - [Property tax in every state](/property-tax-calculator)