Hendricks County Property Taxes
The median property tax rate in Hendricks County is 0.98%, which is slightly lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Hendricks County at $256,800, the typical annual property tax bill reaches $2,647, closely aligning with the national median of $2,690. Property taxes in Hendricks County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Hendricks 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 Avon or another part of Hendricks County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hendricks County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,980
Ownwell’s Hendricks County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Hendricks County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Hendricks 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 Hendricks County, Indiana
Property taxes in Hendricks County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hendricks County is 0.98%, which is just below the U.S. national median of 0.99%. Local government entities within Hendricks County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hendricks 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. For comparison, the city of Lebanon has one of the higher property tax rates in Indiana at 1.14%, while the city of Stilesville boasts one of the lowest at 0.68%. Analyzing how Hendricks County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Hendricks County Tax Rate
0.98%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hendricks County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amo | 0.53% | 0.69% | 0.87% | 1.80% | 1.99% |
| Avon | 0.98% | 1.04% | 1.09% | 1.13% | 1.65% |
| Brownsburg | 0.78% | 0.87% | 0.93% | 0.98% | 1.44% |
| Camby | 0.63% | 0.68% | 0.78% | 1.48% | 1.54% |
| Clayton | 0.48% | 0.60% | 0.69% | 0.86% | 1.27% |
| Coatesville | 0.55% | 0.66% | 0.79% | 0.98% | 1.56% |
| Danville | 0.72% | 0.90% | 0.96% | 1.09% | 1.65% |
| Indianapolis | 0.90% | 0.95% | 1.05% | 1.09% | 1.79% |
| Jamestown | 0.81% | 0.93% | 1.01% | 1.18% | 1.86% |
| Lebanon | 1.09% | 1.11% | 1.14% | 1.17% | 1.30% |
| Lizton | 0.77% | 0.88% | 0.99% | 1.16% | 1.80% |
| Monrovia | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
| Mooresville | 0.62% | 0.71% | 0.78% | 0.84% | 1.29% |
| New Ross | 0.89% | 0.95% | 1.02% | 1.73% | 1.95% |
| North Salem | 0.69% | 0.85% | 0.99% | 1.24% | 1.81% |
| Pittsboro | 0.83% | 0.92% | 0.98% | 1.05% | 1.49% |
| Plainfield | 0.70% | 0.83% | 0.95% | 1.05% | 1.61% |
| Stilesville | 0.42% | 0.58% | 0.68% | 1.06% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Hendricks County, Indiana
In Hendricks 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 Hendricks 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 Hendricks 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. For example, Lebanon has the highest median tax bill in the county at $4,145, while Amo has the lowest at $1,093. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Hendricks County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Hendricks County, Indiana
Source: Ownwell
$63,600
$266,200
$468,800
Average Hendricks County Assessed Value
$256,800
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hendricks County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amo | $19,830 | $93,175 | $118,250 | $160,800 | $195,290 |
| Avon | $173,200 | $209,500 | $271,000 | $350,800 | $430,100 |
| Brownsburg | $167,200 | $208,400 | $278,100 | $378,900 | $459,400 |
| Camby | $145,900 | $159,750 | $175,000 | $205,125 | $248,050 |
| Clayton | $94,800 | $150,200 | $219,100 | $299,850 | $411,620 |
| Coatesville | $80,780 | $140,500 | $227,500 | $325,200 | $438,140 |
| Danville | $129,200 | $177,050 | $240,300 | $338,500 | $446,900 |
| Indianapolis | $177,420 | $203,900 | $237,700 | $280,750 | $340,580 |
| Jamestown | $144,250 | $186,075 | $249,700 | $354,450 | $447,000 |
| Lebanon | $310,260 | $326,000 | $353,500 | $363,850 | $422,470 |
| Lizton | $120,620 | $169,500 | $236,000 | $329,500 | $461,620 |
| Monrovia | $293,700 | $293,700 | $293,700 | $293,700 | $293,700 |
| Mooresville | $170,670 | $234,200 | $301,450 | $404,600 | $534,890 |
| New Ross | $87,200 | $142,600 | $240,600 | $291,750 | $435,100 |
| North Salem | $79,500 | $136,300 | $215,900 | $326,300 | $477,300 |
| Pittsboro | $168,400 | $211,450 | $286,100 | $370,600 | $485,740 |
| Plainfield | $137,700 | $182,575 | $249,850 | $321,000 | $406,510 |
| Stilesville | $52,000 | $111,700 | $164,300 | $248,900 | $362,200 |
Source: Ownwell
Property Tax Bills Across Hendricks County, Indiana
Property tax bills in Hendricks County, Indiana are calculated based on the assessed value of a property. The assessed value is determined by the county assessor and reflects the market value of the property. This value is then multiplied by the local tax rate, which varies depending on the specific area within the county. For instance, in Hendricks County, the median home price is $256,800, and property tax bills can vary significantly. Homeowners in the 25th percentile can expect a tax bill around $1,915, while those in the 75th percentile may see bills as high as $3,585. At the 90th percentile, tax bills can reach up to $4,651. The highest median tax bill in the county is found in Lebanon at $4,145, whereas the lowest is in Amo at $1,093. These figures highlight the variation in property tax bills within the county, influenced by factors such as property location and assessed value, ultimately affecting homeowners' financial responsibilities.
Average Hendricks County Tax Bill
$2,647
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Hendricks County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amo | $264 | $595 | $1,093 | $1,750 | $2,292 |
| Avon | $1,834 | $2,379 | $3,137 | $4,077 | $5,181 |
| Brownsburg | $1,408 | $1,951 | $2,682 | $3,596 | $4,508 |
| Camby | $934 | $1,179 | $1,654 | $2,361 | $2,941 |
| Clayton | $538 | $1,000 | $1,611 | $2,362 | $3,372 |
| Coatesville | $535 | $1,061 | $1,786 | $2,847 | $4,222 |
| Danville | $1,007 | $1,704 | $2,347 | $3,546 | $4,867 |
| Indianapolis | $1,787 | $2,139 | $2,547 | $3,135 | $4,309 |
| Jamestown | $1,257 | $1,858 | $2,720 | $3,854 | $4,798 |
| Lebanon | $3,637 | $3,919 | $4,145 | $4,613 | $4,925 |
| Lizton | $1,061 | $1,623 | $2,458 | $3,588 | $5,194 |
| Monrovia | $2,145 | $2,145 | $2,145 | $2,145 | $2,145 |
| Mooresville | $1,242 | $1,767 | $2,514 | $3,364 | $4,528 |
| New Ross | $1,642 | $2,129 | $2,227 | $2,456 | $3,428 |
| North Salem | $684 | $1,319 | $2,116 | $3,823 | $5,562 |
| Pittsboro | $1,657 | $2,140 | $2,855 | $3,727 | $4,995 |
| Plainfield | $1,089 | $1,733 | $2,485 | $3,264 | $4,218 |
| Stilesville | $310 | $670 | $1,154 | $1,904 | $2,858 |
Source: Ownwell