Harrison County, Indiana Property Taxes
The median property tax rate in Harrison County is 0.61%, which is significantly lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Harrison County at $175,400, the typical annual property tax bill reaches $1,112, well below the national median of $2,690. Property taxes in Harrison County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Harrison County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Corydon or another part of Harrison County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Harrison County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.61%
Estimate Property Tax Bill
$1,070
$993
Ownwell’s Harrison County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Harrison County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Harrison County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Harrison County, Indiana
Property taxes in Harrison County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Harrison County is 0.61%, which is lower than the U.S. national median of 0.99%. Local government entities within Harrison County set these rates annually, and they can vary significantly between different areas within the county. Each year, Harrison County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Harrison County's effective property tax rate with other regions and the national median. For comparison, the city of Hardinsburg has one of the higher property tax rates in Indiana at 2.60%, while the city of New Middletown boasts one of the lowest at 0.51%. Analyzing how Harrison County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Harrison County Tax Rate
0.61%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Harrison County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Central | 0.31% | 0.43% | 0.60% | 1.05% | 1.53% |
| Corydon | 0.36% | 0.50% | 0.61% | 0.80% | 1.19% |
| Crandall | 0.35% | 0.49% | 0.66% | 0.71% | 1.31% |
| Depauw | 0.38% | 0.53% | 0.69% | 1.11% | 1.36% |
| Elizabeth | 0.34% | 0.47% | 0.60% | 0.94% | 1.19% |
| Fredericksburg | N/A | N/A | N/A | N/A | N/A |
| Georgetown | 0.37% | 0.49% | 0.59% | 0.71% | 1.07% |
| Greenville | 0.32% | 0.49% | 0.64% | 0.77% | 1.21% |
| Hardinsburg | N/A | N/A | N/A | N/A | N/A |
| Laconia | 0.33% | 0.46% | 0.62% | 1.00% | 1.18% |
| Lanesville | 0.41% | 0.48% | 0.53% | 0.61% | 0.98% |
| Leavenworth | N/A | N/A | N/A | N/A | N/A |
| Mauckport | 0.30% | 0.43% | 0.62% | 1.04% | 1.41% |
| New Middletown | 0.28% | 0.37% | 0.51% | 1.13% | 1.60% |
| New Salisbury | 0.36% | 0.51% | 0.62% | 0.74% | 1.18% |
| Palmyra | 0.36% | 0.51% | 0.65% | 1.03% | 1.33% |
| Ramsey | 0.38% | 0.50% | 0.60% | 0.85% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Harrison County, Indiana
In Harrison County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Harrison County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Harrison County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Hardinsburg has the highest median tax bill at $7,456, while Central has the lowest at $522. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Harrison County, Indiana
Source: Ownwell
$93,300
$169,525
$245,750
Average Harrison County Assessed Value
$175,400
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Harrison County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Central | $11,400 | $40,250 | $95,500 | $149,850 | $197,900 |
| Corydon | $70,600 | $122,150 | $190,900 | $278,600 | $381,200 |
| Crandall | $50,580 | $90,000 | $196,900 | $279,175 | $314,890 |
| Depauw | $32,440 | $70,400 | $135,400 | $203,900 | $288,760 |
| Elizabeth | $41,530 | $93,075 | $151,250 | $223,800 | $296,760 |
| Fredericksburg | N/A | N/A | N/A | N/A | N/A |
| Georgetown | $66,530 | $147,375 | $236,700 | $336,025 | $417,050 |
| Greenville | $50,220 | $125,600 | $200,200 | $291,300 | $364,280 |
| Hardinsburg | N/A | N/A | N/A | N/A | N/A |
| Laconia | $39,400 | $80,600 | $130,700 | $205,800 | $283,300 |
| Lanesville | $109,200 | $163,700 | $245,750 | $310,050 | $405,500 |
| Leavenworth | N/A | N/A | N/A | N/A | N/A |
| Mauckport | $21,380 | $58,600 | $107,200 | $176,900 | $263,820 |
| New Middletown | $26,080 | $41,100 | $93,300 | $148,900 | $189,200 |
| New Salisbury | $66,840 | $129,700 | $195,700 | $272,300 | $351,320 |
| Palmyra | $38,780 | $99,450 | $150,400 | $225,750 | $301,660 |
| Ramsey | $60,040 | $113,400 | $172,800 | $239,800 | $337,740 |
Source: Ownwell
Property Tax Bills Across Harrison County, Indiana
In Harrison County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value reflects the market value of the property, and the tax rate is applied to this value to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. For homeowners in Harrison County, property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is around $571, while at the 75th percentile, it reaches approximately $1,794. At the 90th percentile, homeowners might pay up to $2,579 annually. These figures show a wide range of potential tax liabilities, influenced by property values and local tax rates. Comparatively, the national median property tax rate is 0.99%, making Harrison County's tax bills relatively moderate. Understanding how these factors interplay helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Harrison County Tax Bill
$1,112
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Harrison County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Central | $92 | $215 | $522 | $914 | $1,457 |
| Corydon | $317 | $679 | $1,235 | $1,917 | $2,696 |
| Crandall | $220 | $458 | $1,177 | $1,890 | $2,233 |
| Depauw | $225 | $464 | $895 | $1,540 | $2,415 |
| Elizabeth | $222 | $465 | $933 | $1,518 | $2,233 |
| Fredericksburg | N/A | N/A | N/A | N/A | N/A |
| Georgetown | $355 | $737 | $1,395 | $2,205 | $2,993 |
| Greenville | $236 | $567 | $1,244 | $2,028 | $2,843 |
| Hardinsburg | N/A | N/A | N/A | N/A | N/A |
| Laconia | $185 | $389 | $851 | $1,469 | $2,161 |
| Lanesville | $477 | $890 | $1,344 | $1,875 | $2,613 |
| Leavenworth | N/A | N/A | N/A | N/A | N/A |
| Mauckport | $137 | $293 | $574 | $1,159 | $1,896 |
| New Middletown | $135 | $232 | $529 | $867 | $1,364 |
| New Salisbury | $319 | $659 | $1,233 | $1,920 | $2,639 |
| Palmyra | $214 | $496 | $986 | $1,684 | $2,630 |
| Ramsey | $298 | $569 | $1,061 | $1,612 | $2,453 |
Source: Ownwell