Fountain County, Indiana Property Taxes

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

Median Fountain County effective property tax rate: 0.77%, significantly lower than the national median of 1.02%.
Median Fountain County home value: $123,500
Median annual Fountain County tax bill: $966, $1,434 lower than the national median property tax bill of $2,400.

How are property taxes in Fountain County calculated?

Property taxes in Fountain County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Attica or another part of Fountain County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fountain County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.77%

Estimate Property Tax Bill

$951

$882

Ownwell’s Fountain County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fountain County with just two data points. By entering your property's estimated assessed value, our calculator applies Fountain County’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 more 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 Fountain County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fountain County, Indiana

Local government entities in Indiana set property tax rates, which can vary significantly within the state. This variation is due to each county's annual budget estimation process. Each county determines the necessary budget to provide essential services and divides this amount by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these tax rates and budgets, this is essentially the annual process.

Fountain County, for example, has an effective property tax rate of 0.77%, which is below the national median property tax rate of 1.02%. Within Indiana, Attica has the highest median tax rate at 0.93%, while Newtown boasts the lowest at 0.54%. This demonstrates the range of property tax rates within the state. Fountain County's rate is relatively moderate compared to both the state and national figures, offering a competitive advantage for property owners. Understanding these variations can help property owners make informed decisions about potential savings and investment opportunities.

Property Tax Rates Across Fountain County, Indiana

Source: Ownwell

0.54%

0.73%

0.93%

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 Fountain County Tax Rate

0.77%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fountain County, Indiana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Attica	0.50%	0.68%	0.93%	1.49%	1.97%
Covington	0.40%	0.58%	0.77%	1.00%	1.91%
Crawfordsville	N/A	N/A	N/A	N/A	N/A
Hillsboro	0.34%	0.46%	0.61%	1.06%	1.68%
Kingman	0.27%	0.48%	0.82%	1.30%	1.67%
Mellott	0.37%	0.46%	0.84%	1.66%	2.43%
Newtown	0.28%	0.36%	0.54%	1.40%	2.52%
Veedersburg	0.31%	0.47%	0.66%	1.06%	1.88%
Wallace	N/A	N/A	N/A	N/A	N/A
Waynetown	0.42%	0.57%	0.67%	1.00%	1.21%
Westpoint	N/A	N/A	N/A	N/A	N/A
Wingate	0.41%	0.55%	0.59%	0.75%	1.10%

Source: Ownwell

Property Tax Assessment Values Across Fountain County, Indiana

When examining property taxes in Fountain County, 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 Fountain County Assessor's Office 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 Fountain County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Fountain County.

For example, the median tax bill in Fountain County is $1,471, with tax bills ranging significantly across the county. Wingate has the highest median home price at $218,850.

Property Tax Assessment Values Across Fountain County, Indiana

Source: Ownwell

$60,050

$139,450

$218,850

Median Fountain County Market Value

$123,500

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fountain County, Indiana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Attica	$45,050	$74,025	$109,350	$167,500	$240,000
Covington	$68,770	$104,600	$149,400	$208,125	$294,270
Crawfordsville	N/A	N/A	N/A	N/A	N/A
Hillsboro	$42,640	$83,100	$127,800	$193,400	$280,680
Kingman	$9,200	$28,950	$97,850	$154,450	$225,360
Mellott	$7,470	$16,550	$60,050	$87,825	$126,160
Newtown	$13,120	$37,925	$72,050	$101,650	$125,680
Veedersburg	$43,780	$83,500	$128,350	$184,725	$265,330
Wallace	N/A	N/A	N/A	N/A	N/A
Waynetown	$102,800	$132,975	$180,250	$316,500	$449,050
Westpoint	N/A	N/A	N/A	N/A	N/A
Wingate	$119,620	$162,000	$218,850	$296,350	$399,250

Source: Ownwell

Property Tax Bills Across Fountain County, Indiana

In Fountain County, IN, property tax bills are calculated based on the assessed value of a home. The tax rate is applied to this assessed value, which is typically a percentage of the property's market value. Homeowners in Fountain County experience a median property tax bill significantly lower than the national median of $2,400, with the 25th percentile tax bill at $478 and the 75th percentile reaching $1,632. The 90th percentile tax bill rises to $2,526, indicating a range of tax burdens across different properties. Notably, the highest median tax bill in the county is found in Waynetown at $1,471, while Mellott boasts the lowest median at $363. These figures illustrate the variability in property tax burdens based on location and property value within the county. Such tax bills can impact homeowners by affecting their overall housing costs, influencing decisions on purchasing or maintaining a home. Understanding these factors is crucial for homeowners to effectively manage their property-related expenses.

Property Tax Bills Across Fountain County, Indiana

Source: Ownwell

$363

$917

$1,471

Median Fountain County Tax Bill

$966

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Fountain County, Indiana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Attica	$339	$609	$1,102	$1,729	$2,650
Covington	$360	$690	$1,225	$1,909	$2,727
Crawfordsville	N/A	N/A	N/A	N/A	N/A
Hillsboro	$242	$404	$881	$1,482	$2,340
Kingman	$93	$213	$584	$1,183	$1,986
Mellott	$102	$222	$363	$775	$1,208
Newtown	$130	$235	$417	$711	$1,163
Veedersburg	$213	$454	$902	$1,490	$2,444
Wallace	N/A	N/A	N/A	N/A	N/A
Waynetown	$464	$812	$1,471	$2,254	$5,218
Westpoint	N/A	N/A	N/A	N/A	N/A
Wingate	$495	$944	$1,270	$2,104	$3,508

Source: Ownwell