Lawrenceburg, Dearborn County, Indiana Property Taxes
Median Lawrenceburg, IN effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Lawrenceburg, IN home value: $204,400
Median annual Lawrenceburg, IN tax bill: $1,872, $528 lower than the national median property tax bill of $2,400.
How are property taxes in Dearborn County calculated?
Property taxes in Lawrenceburg, 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 Lawrenceburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lawrenceburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lawrenceburg, Dearborn County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$1,840
$1,707
Ownwell’s Lawrenceburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lawrenceburg with just two data points.
By entering your property's estimated assessed value, our calculator applies Lawrenceburg’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 Dearborn County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Lawrenceburg, Dearborn County, Indiana
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Lawrenceburg’s effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S. Lawrenceburg, located in Dearborn County, stands out with a median property tax rate of 0.90%, which is below the national median of 1.02%. This rate is consistent across other areas in Dearborn County, offering residents a relatively lower property tax burden compared to many parts of the country. By understanding these rates, property owners in Lawrenceburg can better navigate their financial obligations and potentially explore opportunities for appealing or reducing their property tax assessments.
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 Lawrenceburg Tax Rate
0.90%
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 Dearborn County Tax Rate
0.95%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lawrenceburg, Dearborn County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47025 | 0.70% | 0.81% | 0.90% | 1.02% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Lawrenceburg, Dearborn County, Indiana
When examining property taxes in Lawrenceburg, Indiana, 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 Dearborn County assessment 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 Dearborn 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 Lawrenceburg.
For example, the median home price in Lawrenceburg is $204,400, with tax bills ranging significantly across the county. Zip code 47025 has the highest median home price at $204,400.
Property Tax Assessment Values Across Lawrenceburg, Dearborn County, Indiana
Source: Ownwell
$125,400
$165,550
$205,700
Median Lawrenceburg Market Value
$204,400
Median Dearborn County Market Value
$174,000
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lawrenceburg, Dearborn County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47025 | $99,670 | $154,300 | $204,400 | $255,225 | $311,030 |
Source: Ownwell
Property Tax Bills Across Lawrenceburg, Dearborn County, Indiana
In Lawrenceburg, located in Dearborn County, Indiana, property tax bills are determined by the assessed value of a property, which is typically a percentage of its market value. The median home price in Lawrenceburg is $204,400, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,369, while the 75th percentile reaches $2,480. The highest median tax bill recorded in the area is $1,872, which is notably lower than the national median of $2,400.
These tax bills impact homeowners by influencing their overall financial planning and housing costs. A higher tax bill can mean less disposable income for other expenses. This is where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay what is fair. With a deep understanding of local tax regulations and a commitment to client savings, Ownwell assists homeowners in navigating the complexities of property taxes, ultimately helping them save money.
Median Lawrenceburg Tax Bill
$1,872
Median Dearborn County Tax Bill
$1,720
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Lawrenceburg, Dearborn County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47025 | $902 | $1,369 | $1,872 | $2,480 | $3,401 |
Source: Ownwell