Grant County, Indiana Property Taxes

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

Median Grant County effective property tax rate: 0.87%, significantly lower than the national median of 1.02%.
Median Grant County home value: $99,900
Median annual Grant County tax bill: $892, $1,508 lower than the national median property tax bill of $2,400.

How are property taxes in Grant County calculated?

Property taxes in Grant 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 Marion or another part of Grant County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Grant County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$869

$807

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

Property Tax Rates Across Grant County, Indiana

Local government entities set tax rates, leading to significant variation within a state. Each county, including Grant County in Indiana, estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While votes and laws play a role in this process, this is the annual method used to determine rates. Grant County's effective property tax rate offers an interesting comparison to other counties in Indiana and the national median property tax rate of 1.02%. With Grant County's median tax rate at 0.87%, it is lower than the national median, providing some relief to property owners. In contrast, Fowlerton in Indiana has the highest median tax rate in the state at 1.91%, while Hartford City boasts the lowest at 0.62%. Understanding these variations can help property owners make informed decisions and potentially save on their property tax bills.

Property Tax Rates Across Grant County, Indiana

Source: Ownwell

0.62%

1.26%

1.91%

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 Grant County Tax Rate

0.87%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grant County, Indiana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Converse	0.39%	0.64%	0.89%	1.21%	1.68%
Elwood	0.25%	0.59%	0.74%	1.16%	1.48%
Fairmount	0.38%	0.54%	0.76%	1.22%	1.87%
Fowlerton	0.45%	0.63%	1.91%	2.03%	3.00%
Gas City	0.40%	0.60%	0.83%	1.31%	2.00%
Gaston	N/A	N/A	N/A	N/A	N/A
Hartford City	0.19%	0.41%	0.62%	0.74%	1.04%
Jonesboro	0.41%	0.63%	0.86%	1.32%	2.00%
La Fontaine	0.46%	0.69%	0.96%	1.43%	1.60%
Marion	0.41%	0.64%	0.89%	1.79%	2.03%
Matthews	0.34%	0.45%	0.64%	1.56%	2.23%
Sims	0.31%	0.39%	0.77%	1.55%	2.60%
Summitville	N/A	N/A	N/A	N/A	N/A
Swayzee	0.40%	0.59%	0.82%	1.13%	1.86%
Sweetser	0.37%	0.58%	0.79%	0.97%	1.65%
Upland	0.38%	0.57%	0.74%	1.05%	1.47%
Van Buren	0.34%	0.50%	0.70%	1.32%	2.00%

Source: Ownwell

Property Tax Assessment Values Across Grant County, Indiana

When examining property taxes in Grant 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 Grant 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: 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 Grant County. For example, the median tax bill in Grant County is $1,463, with tax bills ranging significantly across the county. La Fontaine has the highest median home price at $231,300.

Property Tax Assessment Values Across Grant County, Indiana

Source: Ownwell

$42,400

$136,850

$231,300

Median Grant County Market Value

$99,900

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grant County, Indiana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Converse	$61,320	$92,600	$135,300	$183,100	$265,340
Elwood	$34,360	$87,950	$117,400	$193,400	$338,900
Fairmount	$43,710	$79,100	$115,050	$162,050	$237,590
Fowlerton	$13,500	$24,000	$42,400	$75,250	$94,180
Gas City	$51,840	$83,525	$111,350	$148,175	$205,390
Gaston	N/A	N/A	N/A	N/A	N/A
Hartford City	$65,720	$121,050	$188,600	$217,050	$282,820
Jonesboro	$39,960	$69,200	$100,300	$149,000	$217,800
La Fontaine	$124,020	$164,400	$231,300	$266,800	$301,300
Marion	$27,800	$49,600	$86,200	$149,025	$211,580
Matthews	$24,370	$55,750	$83,650	$105,950	$137,470
Sims	$23,770	$49,275	$80,600	$104,825	$123,820
Summitville	N/A	N/A	N/A	N/A	N/A
Swayzee	$61,400	$88,750	$123,300	$168,900	$230,100
Sweetser	$67,420	$100,500	$138,700	$180,500	$231,680
Upland	$70,680	$106,950	$156,100	$222,375	$292,210
Van Buren	$35,240	$62,125	$87,650	$148,775	$218,330

Source: Ownwell

Property Tax Bills Across Grant County, Indiana

In Grant County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in the county is $99,900, with property tax rates reflecting a range of tax bills depending on the home's value and location. Homeowners in Grant County can expect tax bills ranging from $513 at the 25th percentile to $2,239 at the 90th percentile, with the median tax bill falling between these figures. Notably, La Fontaine has the highest median tax bill at $2,226, while Fowlerton has the lowest at $489. These figures highlight the variability in tax burdens across different areas within the county. Compared to the national median property tax bill of $2,400, Grant County's tax bills are relatively moderate, making it an appealing location for homeowners seeking lower property tax expenses.

Property Tax Bills Across Grant County, Indiana

Source: Ownwell

$489

$1,358

$2,226

Median Grant County Tax Bill

$892

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Grant County, Indiana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Converse	$318	$627	$1,116	$1,888	$3,180
Elwood	$234	$359	$1,026	$1,825	$4,048
Fairmount	$303	$513	$900	$1,507	$2,300
Fowlerton	$197	$297	$489	$829	$1,452
Gas City	$334	$570	$922	$1,469	$2,135
Gaston	N/A	N/A	N/A	N/A	N/A
Hartford City	$233	$498	$879	$1,255	$2,291
Jonesboro	$325	$531	$939	$1,467	$2,179
La Fontaine	$623	$1,016	$2,226	$3,152	$4,192
Marion	$290	$502	$858	$1,393	$2,149
Matthews	$212	$307	$526	$967	$1,571
Sims	$172	$334	$573	$1,063	$1,390
Summitville	N/A	N/A	N/A	N/A	N/A
Swayzee	$339	$583	$1,109	$1,703	$2,510
Sweetser	$324	$631	$1,112	$1,761	$2,370
Upland	$405	$721	$1,218	$1,858	$2,686
Van Buren	$235	$373	$704	$1,396	$2,290

Source: Ownwell