Zionsville, Boone County, Indiana Property Taxes

Name: Property Tax Bills Across Zionsville, Boone County, Indiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Zionsville, IN effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Zionsville, IN home value: $518,400
Median annual Zionsville, IN tax bill: $5,523, $3,123 higher than the national median property tax bill of $2,400.

How are property taxes in Boone calculated?

Property taxes in Zionsville, IN 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 Zionsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Zionsville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Zionsville, Boone County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$5,443

$5,051

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

By entering your property's estimated assessed value, our calculator applies Zionsville’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 Boone County.

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

Property Tax Rates Across Zionsville, Boone County, Indiana

Local government entities determine tax rates, which can significantly differ within a state. Each county estimates its required budget for services annually and divides it by the total value of all taxable property within its jurisdiction to calculate the property tax rate. While votes and laws influence these rates and budgets, this is the fundamental annual process.

In Zionsville, located in Boone County, Indiana, the effective property tax rate is a reflection of this process. When comparing Zionsville's property tax rate to other cities in Indiana, it aligns closely with the state's median tax rate. This consistency provides a level of predictability for property owners. Nationally, Indiana's median property tax rate is slightly above the U.S. median, indicating a competitive yet reasonable tax environment.

Understanding these rates and how they are determined can empower property owners to make informed decisions about their investments. With a clear grasp of the local tax landscape, property owners in Zionsville can better navigate their financial responsibilities and take advantage of any available tax exemptions or appeals.

Property Tax Rates Across Zionsville, Boone County, Indiana

Source: Ownwell

0.64%

0.87%

1.10%

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 Zionsville Tax Rate

1.05%

Median Effective Boone County Tax Rate

1.01%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Zionsville, Boone County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46077	0.85%	0.97%	1.05%	1.12%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Zionsville, Boone County, Indiana

When examining property taxes in Zionsville, IN, 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 Boone 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. Assessment notices: In Boone 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 Zionsville. For example, the median home price in Zionsville is $518,400, with tax bills ranging significantly across the county. Zip code 46077 has the highest median home price at $518,400.

Property Tax Assessment Values Across Zionsville, Boone County, Indiana

Source: Ownwell

$139,650

$329,025

$518,400

Median Zionsville Market Value

$518,400

Median Boone County Market Value

$327,200

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Zionsville, Boone County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46077	$279,550	$382,875	$518,400	$703,300	$978,110

Source: Ownwell

Property Tax Bills Across Zionsville, Boone County, Indiana

In Zionsville, located in Boone County, Indiana, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the tax bill. Homeowners in Zionsville experience a range of tax bills, with the 25th percentile at $4,027 and the 75th percentile reaching $7,574. For those in the 90th percentile, tax bills can climb to $10,970. The median home price in the area is $518,400, which can significantly influence the tax bill. The median tax bill in Zionsville falls at $5,523, which is considerably higher than the national median property tax bill of $2,400. This can place a financial burden on homeowners, making it essential to explore ways to reduce these costs. Ownwell offers expert property tax appeal and exemption services, helping homeowners potentially lower their assessed values and, consequently, their tax bills. By leveraging Ownwell's services, homeowners in Zionsville can navigate the complexities of property taxes and achieve savings.

Property Tax Bills Across Zionsville, Boone County, Indiana

Source: Ownwell

$1,185

$3,354

$5,523

Median Zionsville Tax Bill

$5,523

Median Boone County Tax Bill

$3,263

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Zionsville, Boone County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46077	$2,682	$4,027	$5,523	$7,574	$10,970

Source: Ownwell