Indiana · Property Tax & Closing Costs
Indiana property tax by county
Property tax rates, median home values, and closing cost estimates for all 92 counties in Indiana. The average effective rate across the state is 0.66%, ranking Indiana 33 of 51 (below-average property taxes). Data is sourced from the US Census Bureau American Community Survey 2024 5-year estimates.
Average rate
0.66%
across 92 counties
National rank
#33
of 51, highest rate first
Median home value
$179,200
county median in state
Rate range
0.41%–0.92%
Clay County → Lake County
Same home, different county
On a $179,200 home (the typical county median in Indiana), the annual property tax bill depends heavily on where you buy:
Difference
$907/yr
$76/mo · $9,068 over 10 years
Estimate: purchase price × each county's effective rate. Actual bills depend on assessed value, local levies, and exemptions.
Lowest property tax rates in Indiana
The five Indiana counties with the lowest effective property tax rates, useful for buyers comparing total cost of ownership across the state.
| County | Rate |
|---|---|
| Clay County | 0.41% |
| Brown County | 0.44% |
| Switzerland County | 0.45% |
| Pulaski County | 0.45% |
| Jasper County | 0.46% |
Highest property tax rates in Indiana
The five Indianacounties with the highest effective property tax rates. High rates often reflect strong school district funding or municipal services rather than weakness, but they materially change a buyer's monthly carrying cost.
| County | Rate |
|---|---|
| Lake County | 0.92% |
| Marion County | 0.91% |
| Vigo County | 0.88% |
| Hamilton County | 0.88% |
| St. Joseph County | 0.86% |
Indiana real estate transfer tax
Indiana does not charge a state real estate transfer tax, so buyers and sellers avoid a cost that adds thousands of dollars at closing in many other states.
Official Indiana source → · Verified April 2026
Closing costs in Indiana
Across Indiana's 92 counties, buyer closing costs run $2,731 to $8,946 at each county's median home value with 20% down. Cash needed at closing, with closing costs and the down payment, runs $24,231 to $90,046. Pick your county for your own figures.
Indiana closing cost calculatorIndiana property tax exemptions
Ways buyers in Indiana may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Standard Homestead Deduction
For 2026 assessment date, $40,000 off assessed value of primary residence (reduced from $48,000 in 2025). Phases out fully by 2031 as supplemental deduction phases in.
View official source →Supplemental Homestead Deduction
2026: 40% reduction of remaining assessed value after the standard deduction (automatic, no separate application). Phases up to 66.7% by 2031.
View official source →Supplemental Homestead Credit
New for 2026: additional credit of one-tenth of property tax liability, up to $300 annually, automatically applied to qualifying homestead parcels.
View official source →Circuit Breaker Tax Cap
Indiana caps residential homestead property tax at 1% of gross assessed value; other residential at 2%; non-residential at 3%.
View official source →Last verified April 2026. Exemption amounts and eligibility change frequently. Always confirm with your county assessor before claiming.
All 92 counties in Indiana
Effective property tax rate, median home value, and median annual taxes paid for every county in Indiana. Click a county to open its full property tax calculator and closing cost breakdown.
Source: US Census Bureau American Community Survey 2024 5-year estimates, tables B25077 (median home value) and B25103 (median real estate taxes paid). Effective rate is computed as median taxes paid divided by median home value at the county level and represents the typical owner-occupied home. Actual bills vary by purchase price, exemptions, and special assessments.