2026 federal, state and local taxes
Estimate your 2026 Indiana property tax. At the state's 0.77% average rate, a $240,000 home pays about $1,848 a year.
| Home Value | IN Effective Rate | Annual Property Tax | Monthly Escrow | At the U.S. Average (0.90%) |
|---|---|---|---|---|
| $250,000 | 0.77% | $1,925 | $160 | $2,250 |
| $350,000 | 0.77% | $2,695 | $225 | $3,150 |
| $500,000 | 0.77% | $3,850 | $321 | $4,500 |
| $650,000 | 0.77% | $5,005 | $417 | $5,850 |
| $800,000 | 0.77% | $6,160 | $513 | $7,200 |
| $1,000,000 | 0.77% | $7,700 | $642 | $9,000 |
| State | Average Rate | Typical Home | Bill on Typical Home | Bill on $350,000 |
|---|---|---|---|---|
| Illinois | 2.08% | $265,000 | $5,512 | $7,280 |
| Ohio | 1.41% | $230,000 | $3,243 | $4,935 |
| Michigan | 1.32% | $245,000 | $3,234 | $4,620 |
| Indiana | 0.77% | $240,000 | $1,848 | $2,695 |
| Kentucky | 0.77% | $210,000 | $1,617 | $2,695 |
Statewide average effective rates; local rates vary a lot within each state.
Pick a state to see its 2026 tax rules and results for common salaries or home values.
Indiana's average effective property tax rate is 0.77% of a home's value each year, the 15th highest of 51, in the top third. On the state's typical home, worth about $240,000, that comes to roughly $1,848 a year, or $154 a month in escrow.
Because home prices differ so much, the yearly bill ranks differently from the rate: Indiana's bill on a typical home is 10th from the bottom of 51, among the lowest. On a $350,000 home it would be about $2,695.
None of Indiana's neighbors has a lower average rate; the table below compares them.
These are Indiana averages; your county, city and school district set the actual bill.
About $2,310 a year ($193 a month) at Indiana's 0.77% average rate. A $500,000 house would pay about $3,850.
Not especially. Indiana's average rate of 0.77% ranks 15th of 51.
Indiana charges 7.00% statewide with no local add-ons, 25th of 51, near the middle.