Sullivan County Property Taxes
The median property tax rate in Sullivan County is 1.04%, which is slightly higher than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Sullivan County, the typical annual property tax bill reaches $721, which is considerably lower than the national median of $2,690. Property taxes in Sullivan County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Sullivan 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 Sullivan or another part of Sullivan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sullivan County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,980
Ownwell’s Sullivan County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sullivan County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sullivan 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 Sullivan County, Indiana
Property taxes in Sullivan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sullivan County is 1.04%, which is higher than both the Indiana state median and the U.S. national median of 0.99%. Local government entities within Sullivan County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sullivan 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 Sullivan County's effective property tax rate with other counties in Indiana and the national median. For comparison, the city of Paxton has one of the higher property tax rates in Indiana at 2.05%, while the city of Edwardsport boasts one of the lowest at 0.60%. Analyzing how Sullivan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sullivan County Tax Rate
1.04%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sullivan County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carlisle | 0.56% | 0.83% | 1.23% | 2.05% | 2.17% |
| Dugger | 0.51% | 0.72% | 1.02% | 2.05% | 2.70% |
| Edwardsport | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
| Fairbanks | 0.43% | 0.68% | 0.98% | 1.79% | 2.13% |
| Farmersburg | 0.42% | 0.60% | 0.93% | 1.61% | 2.26% |
| Graysville | 1.12% | 1.63% | 1.98% | 2.06% | 2.08% |
| Hymera | 0.42% | 0.64% | 1.14% | 2.22% | 2.97% |
| Jasonville | 0.44% | 0.59% | 0.87% | 1.43% | 2.03% |
| Lewis | 0.49% | 0.65% | 0.85% | 1.35% | 1.89% |
| Merom | 0.56% | 0.87% | 1.18% | 2.06% | 2.50% |
| Oaktown | 0.67% | 0.81% | 1.03% | 1.80% | 2.08% |
| Paxton | 0.59% | 1.23% | 2.05% | 2.10% | 3.14% |
| Pimento | 0.30% | 0.47% | 0.63% | 0.85% | 2.91% |
| Shelburn | 0.50% | 0.73% | 1.01% | 2.00% | 2.21% |
| Sullivan | 0.61% | 0.88% | 1.05% | 2.04% | 2.14% |
Source: Ownwell
Property Tax Assessment Values Across Sullivan County, Indiana
In Sullivan 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 Sullivan 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 Sullivan 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. For instance, Oaktown has the highest median tax bill at $1,221, while Paxton has the lowest at $231. Being aware of these valuation processes in Sullivan County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Sullivan County Assessed Value
$68,600
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sullivan County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carlisle | $14,580 | $34,900 | $65,400 | $106,200 | $167,480 |
| Dugger | $16,630 | $34,400 | $58,700 | $86,750 | $119,210 |
| Edwardsport | $54,900 | $54,900 | $54,900 | $54,900 | $54,900 |
| Fairbanks | $13,390 | $35,525 | $72,700 | $119,875 | $159,270 |
| Farmersburg | $16,840 | $42,775 | $68,650 | $100,700 | $145,790 |
| Graysville | $8,260 | $13,300 | $30,650 | $54,125 | $70,190 |
| Hymera | $7,470 | $16,400 | $48,550 | $66,225 | $86,990 |
| Jasonville | $25,300 | $52,500 | $78,300 | $128,250 | $170,140 |
| Lewis | $34,490 | $62,975 | $95,000 | $111,975 | $163,140 |
| Merom | $11,960 | $25,150 | $53,700 | $100,100 | $154,080 |
| Oaktown | $40,110 | $60,950 | $101,650 | $140,075 | $194,480 |
| Paxton | $5,650 | $12,750 | $17,250 | $21,375 | $45,900 |
| Pimento | $61,250 | $73,525 | $80,150 | $116,775 | $147,980 |
| Shelburn | $11,900 | $30,500 | $63,400 | $101,600 | $143,980 |
| Sullivan | $23,600 | $44,300 | $78,300 | $121,325 | $176,200 |
Source: Ownwell
Property Tax Bills Across Sullivan County, Indiana
In Sullivan County, Indiana, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to arrive at the annual tax bill. The median home price in Sullivan County is $68,600, which is significantly lower than the national median home price. Consequently, the property tax rates here are also relatively modest. For instance, the 25th percentile tax bill in Sullivan County is $373, while the 75th percentile reaches up to $1,276. Homeowners in the 90th percentile can expect to pay around $2,065. The highest median tax bill in the county is found in Oaktown at $1,221, whereas Paxton has the lowest at $231. Factors such as property improvements, location, and market conditions influence the assessed value, ultimately impacting the tax bill. Understanding these elements can help homeowners anticipate their annual property tax expenses and budget accordingly.
Average Sullivan County Tax Bill
$721
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Sullivan County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carlisle | $186 | $373 | $713 | $1,422 | $2,477 |
| Dugger | $174 | $345 | $558 | $1,017 | $1,574 |
| Edwardsport | $332 | $332 | $332 | $332 | $332 |
| Fairbanks | $167 | $280 | $652 | $1,255 | $2,144 |
| Farmersburg | $167 | $307 | $578 | $1,116 | $1,820 |
| Graysville | $171 | $273 | $482 | $692 | $796 |
| Hymera | $120 | $219 | $396 | $704 | $1,107 |
| Jasonville | $178 | $356 | $719 | $1,169 | $2,116 |
| Lewis | $259 | $432 | $779 | $1,175 | $1,772 |
| Merom | $160 | $291 | $601 | $1,247 | $2,174 |
| Oaktown | $319 | $612 | $1,221 | $2,426 | $2,880 |
| Paxton | $50 | $119 | $231 | $683 | $958 |
| Pimento | $249 | $356 | $484 | $1,152 | $1,691 |
| Shelburn | $163 | $305 | $605 | $1,166 | $1,828 |
| Sullivan | $276 | $507 | $890 | $1,449 | $2,258 |
Source: Ownwell