Ripley County Property Taxes
The median property tax rate in Ripley County is 0.79%, which is lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Ripley County at $137,800, the typical annual property tax bill is approximately $1,170, significantly below the national median of $2,690. Property taxes in Ripley County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Ripley County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Batesville or another part of Ripley County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ripley County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$1,089
Ownwell’s Ripley County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ripley County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ripley County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Ripley County, Indiana
Property taxes in Ripley County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ripley County is 0.79%, which is lower than both the Indiana state median and the U.S. national median of 0.99%. Local government entities within Ripley County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ripley County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Ripley County's effective property tax rate with other counties in Indiana and the national median. For comparison, the city of Pierceville has one of the higher property tax rates in Indiana at 1.86%, while the city of Napoleon boasts one of the lowest at 0.52%. Analyzing how Ripley County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ripley County Tax Rate
0.79%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ripley County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | 0.49% | 0.63% | 0.79% | 0.98% | 1.54% |
| Butlerville | 0.53% | 0.70% | 1.00% | 1.29% | 1.47% |
| Canaan | 0.57% | 0.65% | 0.96% | 1.46% | 1.58% |
| Cross Plains | 0.34% | 0.56% | 0.79% | 1.55% | 1.69% |
| Dillsboro | 0.51% | 0.70% | 0.86% | 1.06% | 1.83% |
| Friendship | 0.36% | 0.48% | 0.81% | 1.66% | 1.69% |
| Greensburg | 0.41% | 0.47% | 0.68% | 0.91% | 1.26% |
| Holton | 0.46% | 0.63% | 0.83% | 1.58% | 2.04% |
| Madison | 0.42% | 0.58% | 0.77% | 1.56% | 1.69% |
| Milan | 0.44% | 0.63% | 0.82% | 1.14% | 1.89% |
| Moores Hill | 0.45% | 0.60% | 0.84% | 0.96% | 1.52% |
| Morris | 0.43% | 0.49% | 0.57% | 0.99% | 1.38% |
| Napoleon | 0.28% | 0.37% | 0.52% | 1.36% | 1.42% |
| Osgood | 0.38% | 0.52% | 0.68% | 1.20% | 2.02% |
| Pierceville | 1.86% | 1.86% | 1.86% | 1.87% | 1.87% |
| Sunman | 0.49% | 0.65% | 0.79% | 1.04% | 1.73% |
| Versailles | 0.44% | 0.62% | 0.80% | 1.27% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Ripley County, Indiana
In Ripley County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Ripley County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Ripley County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Ripley County, tax bills can vary significantly. For instance, Greensburg has the highest median tax bill at $1,490, while Napoleon has the lowest at $454. Being aware of these valuation processes in Ripley County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Ripley County Assessed Value
$137,800
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ripley County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | $95,200 | $124,600 | $169,100 | $235,900 | $321,400 |
| Butlerville | $77,300 | $86,750 | $102,500 | $118,250 | $127,700 |
| Canaan | $81,940 | $100,600 | $137,000 | $150,500 | $162,020 |
| Cross Plains | $43,720 | $70,475 | $109,150 | $159,100 | $220,380 |
| Dillsboro | $81,280 | $108,700 | $156,000 | $214,650 | $280,960 |
| Friendship | $3,000 | $5,750 | $41,650 | $90,375 | $127,410 |
| Greensburg | $99,330 | $120,125 | $176,900 | $244,050 | $308,000 |
| Holton | $32,240 | $60,100 | $111,100 | $182,200 | $245,380 |
| Madison | $53,800 | $87,900 | $118,950 | $176,775 | $292,520 |
| Milan | $53,960 | $85,425 | $127,550 | $185,175 | $248,550 |
| Moores Hill | $66,760 | $88,900 | $128,100 | $188,900 | $234,160 |
| Morris | $48,220 | $88,300 | $112,900 | $134,825 | $185,180 |
| Napoleon | $38,200 | $63,000 | $89,600 | $125,900 | $160,960 |
| Osgood | $46,080 | $75,200 | $116,000 | $176,500 | $254,980 |
| Pierceville | $32,800 | $38,800 | $48,800 | $58,800 | $64,800 |
| Sunman | $70,980 | $110,100 | $162,300 | $231,800 | $289,980 |
| Versailles | $51,800 | $82,075 | $117,750 | $168,275 | $234,050 |
Source: Ownwell
Property Tax Bills Across Ripley County, Indiana
Property tax bills in Ripley County, Indiana, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Several factors influence the assessed value, including the property's location, size, and market value. Homeowners in Ripley County experience a range of tax bills; for instance, the 25th percentile tax bill is $643, while the 75th percentile reaches $1911, and the 90th percentile is as high as $2868. Comparatively, the highest median tax bill in the county is in Greensburg at $1490, whereas Napoleon has the lowest median tax bill at $454. These variations can significantly impact homeowners, affecting their annual budgets and long-term financial planning. Given that the national median property tax rate is 0.99%, understanding these local nuances is crucial for property owners in Ripley County to manage their finances effectively.
Average Ripley County Tax Bill
$1,170
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Ripley County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | $535 | $897 | $1,437 | $2,183 | $3,247 |
| Butlerville | $606 | $693 | $838 | $983 | $1,070 |
| Canaan | $673 | $895 | $1,155 | $1,632 | $1,971 |
| Cross Plains | $204 | $463 | $962 | $1,527 | $2,535 |
| Dillsboro | $484 | $840 | $1,418 | $2,126 | $3,397 |
| Friendship | $256 | $348 | $709 | $1,346 | $1,768 |
| Greensburg | $364 | $535 | $1,490 | $2,064 | $2,459 |
| Holton | $247 | $488 | $966 | $1,774 | $2,775 |
| Madison | $286 | $599 | $1,048 | $1,824 | $3,328 |
| Milan | $303 | $605 | $1,127 | $1,808 | $2,702 |
| Moores Hill | $337 | $631 | $1,223 | $1,771 | $2,606 |
| Morris | $284 | $462 | $607 | $1,106 | $1,893 |
| Napoleon | $178 | $298 | $454 | $854 | $1,169 |
| Osgood | $247 | $476 | $888 | $1,510 | $2,422 |
| Pierceville | $613 | $724 | $909 | $1,094 | $1,205 |
| Sunman | $428 | $826 | $1,427 | $2,184 | $2,904 |
| Versailles | $307 | $570 | $996 | $1,690 | $2,729 |
Source: Ownwell