Westville, Indiana Property Taxes
The median property tax rate in Westville, IN is 1.00%, slightly higher than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Westville at $171,900, the typical annual property tax bill reaches $1,764, which is below the national median of $2,690. Property taxes in Westville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Westville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Westville or another part of LaPorte County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Westville, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,719
Ownwell’s Westville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Westville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Westville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Westville, Indiana
Property taxes in Westville, Indiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Westville is 1.00%, higher than the U.S. national median of 0.99%. Local government entities within Westville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Westville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Westville's effective property tax rate to other counties in Indiana and the national median. For comparison, the 46391 zip code has the highest median property tax rate of 1.00%, while the same zip code also has the lowest median tax rate of 1.00%. Understanding how these cities compare with Westville provides valuable insights into the varying tax landscape across LaPorte County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Westville Tax Rate
1.00%
Average Laporte County Tax Rate
1.00%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Westville, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46391 | 0.76% | 0.91% | 1.00% | 1.05% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Westville, Indiana
In Westville, Indiana, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the LaPorte County Appraisal District for tax purposes. In contrast, the assessed value 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. In Westville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Westville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1764 in the 46391 zip code, which also has the lowest median tax bill, highlighting the importance of understanding your specific situation.
Average Westville Assessed Value
$171,900
Average Laporte County Assessed Value
$136,400
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Westville, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46391 | $76,260 | $123,900 | $171,900 | $217,400 | $265,340 |
Source: Ownwell
Property Tax Bills Across Westville, Indiana
Property tax bills in Westville, located in LaPorte County, IN, 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 determine the annual tax bill. For instance, the median home price in Westville is $171,900, and property tax bills can vary significantly based on individual property values and exemptions. In Westville, the property tax bill at the 25th percentile is $1,224, while at the 75th percentile, it rises to $2,275. The 90th percentile sees tax bills as high as $2,932. These figures highlight the range of tax burdens homeowners may face. Compared to the national median property tax rate of 0.99%, Westville's property taxes can be relatively high, reflecting the specific rates and assessments applied in this region. Homeowners should be aware of these factors as they significantly impact the overall cost of owning property in Westville.
Average Westville Tax Bill
$1,764
Average Laporte County Tax Bill
$1,442
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Westville, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46391 | $746 | $1,224 | $1,764 | $2,275 | $2,932 |
Source: Ownwell