Are you getting all of the property tax deductions you are entitled to? Homestead Deduction, Mortgage Deduction, Over 65, Disabled Veteran. You must apply for these deductions. Click here for information on lowering your property taxes.
Wonder where your property tax dollars go? They are divided between several government units with each one setting their own tax rate* based on budgets and reviewed and approved by state auditors. These rates usually change each year as their budgets change.
Every government unit is required to hold a public hearing before their annual budget is adopted.
*Tax rates are dollars and cents per $100 of assessed valuation^. In the chart below the County tax rate is just over .28 cents per $100.
If you would like to see the details of YOUR actual property taxes go here. Simply enter you street number, then look for your property in the list.
The example below is based on a home with $250,000 gross assessed value located in the City of Fishers, Delaware Township. Deductions, credits and tax caps also affect your final bill. These numbers are for illustration only and your home will be different.
TAXING AUTHORITY
|
TAX RATE* |
TAX AMOUNT |
| 2018 | 2018 | |
| COUNTY | 0.2814 | $359.12 |
| TOWNSHIP | 0.0241 | $30.76 |
| SCHOOL DISTRICT | 1.2739 | $1,625.76 |
| CITY | 0.6538 | $834.38 |
| LIBRARY | 0.0627 | $80.02 |
| SOLID WASTE | 0.0032 | $4.08 |
| TOTAL | 2.2991 | $2,934.12 |
The total is paid in two installments each year.
^Assessed valuation is a complicated issue in Indiana. For information on how it is calculated and the entire property tax process.