Indian Springs, Shelby County, Alabama Property Taxes

Name: Property Tax Bills Across Indian Springs, Shelby County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median INDIAN SPRINGS, AL effective property tax rate: 0.43%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median INDIAN SPRINGS, AL home value: $468,480
Median annual INDIAN SPRINGS, AL tax bill: $1,928, $472 lower than the national median property tax bill of $2,400.

How are property taxes in Shelby County calculated?

Property taxes in INDIAN SPRINGS, AL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding INDIAN SPRINGS’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in INDIAN SPRINGS, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Indian Springs, Shelby County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.43%

Estimate Property Tax Bill

$2,014

$1,869

Ownwell’s INDIAN SPRINGS Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in INDIAN SPRINGS with just two data points.

By entering your property's estimated assessed value, our calculator applies INDIAN SPRINGS’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in 01117.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Indian Springs, Shelby County, Alabama

Local government entities determine property tax rates, which can differ significantly within Alabama. Each county calculates its necessary budget to deliver services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual procedure. In Indian Springs, located in Shelby County, the effective property tax rate reflects these local decisions. When compared to other cities in Alabama, Indian Springs' tax rate aligns with the state's median, indicating a consistent approach to property taxation within the region. This rate is notably lower than the national median property tax rate of 1.02%. For homeowners in Indian Springs, this means a relatively lower property tax burden compared to the national average, offering a financial advantage. Understanding these variations is crucial for property owners seeking to optimize their tax liabilities.

Property Tax Rates Across Indian Springs, Shelby County, Alabama

Source: Ownwell

0.43%

0.54%

0.66%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Indian Springs Tax Rate

0.43%

Median Effective Shelby County Tax Rate

0.48%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Indian Springs, Shelby County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
35124	0.18%	0.37%	0.43%	0.43%	0.44%

Source: Ownwell

Property Tax Assessment Values Across Indian Springs, Shelby County, Alabama

When examining property taxes in Indian Springs, Alabama, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Shelby County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Shelby County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Indian Springs.

For example, the median home price in Indian Springs is $468,480, with tax bills ranging significantly across the county. The zip code 35124 has the highest median home price at $468,480.

Property Tax Assessment Values Across Indian Springs, Shelby County, Alabama

Source: Ownwell

$175,500

$572,468

$969,435

Median Indian Springs Market Value

$468,480

Median Shelby County Market Value

$249,060

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Indian Springs, Shelby County, Alabama

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
35124	$277,360	$361,610	$468,480	$632,035	$920,570

Source: Ownwell

Property Tax Bills Across Indian Springs, Shelby County, Alabama

In Indian Springs, located in Shelby County, AL, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is applied to this assessed value to determine the tax bill. With a median home price of $468,480, homeowners in Indian Springs can expect varying tax bills. For example, the tax bill at the 25th percentile is $1,407, while at the 75th percentile, it rises to $2,609, and at the 90th percentile, it reaches $3,915. Compared to the national median property tax bill of $2,400, Indian Springs generally presents a lower tax burden. However, the highest and lowest median tax bills in the area both stand at $1,928, indicating some consistency in tax assessments. Homeowners may find these taxes burdensome, and that's where Ownwell steps in. By assisting with property tax appeals and exemptions, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Indian Springs, Shelby County, Alabama

Source: Ownwell

$943

$3,052

$5,160

Median Indian Springs Tax Bill

$1,928

Median Shelby County Tax Bill

$1,229

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Indian Springs, Shelby County, Alabama

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
35124	$676	$1,407	$1,928	$2,609	$3,915

Source: Ownwell