Coatesville, Hendricks County, Indiana Property Taxes
Median Coatesville, Indiana effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Coatesville, Indiana home value: $227,500
Median annual Coatesville, Indiana tax bill: $1,786, $614 lower than the national median property tax bill of $2,400.
How are property taxes in Hendricks County calculated?
Property taxes in Coatesville, Indiana 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 Coatesville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coatesville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coatesville, Hendricks County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$1,797
$1,668
Property Tax Rates Across Coatesville, Hendricks County, Indiana
Local government entities in Indiana set property tax rates, and these can vary significantly across the state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Coatesville, located in Hendricks County, the effective property tax rate is 0.79%. This rate is consistent with the highest and lowest median tax rates within the county, both recorded at 0.79%. When compared to the national median property tax rate of 1.02%, Coatesville's rate is notably lower. This means that residents in Coatesville may benefit from a relatively lower property tax burden compared to other regions across the United States. With the national median property tax bill at $2400, Coatesville stands out as a more affordable option for property owners.
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 Coatesville Tax Rate
0.79%
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 Hendricks County Tax Rate
0.98%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coatesville, Hendricks County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46121 | 0.55% | 0.66% | 0.79% | 0.98% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Coatesville, Hendricks County, Indiana
When examining property taxes in Coatesville, 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 Hendricks County appraisal 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 Hendricks County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Coatesville.
For example, the median home price in Coatesville is $227,500, with tax bills ranging significantly across the county. Zip code 46121 has the highest median home price at $227,500.
Property Tax Assessment Values Across Coatesville, Hendricks County, Indiana
Source: Ownwell
$118,250
$293,525
$468,800
Median Coatesville Market Value
$227,500
Median Hendricks County Market Value
$256,800
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coatesville, Hendricks County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46121 | $80,780 | $140,500 | $227,500 | $325,200 | $438,140 |
Source: Ownwell
Property Tax Bills Across Coatesville, Hendricks County, Indiana
In Coatesville, located in Hendricks County, Indiana, property tax bills are determined by the assessed value of a property and the local tax rate. The assessed value is based on the market value of the home, which is determined by the county assessor. Homeowners in Coatesville experience a median property tax bill of $1,786, which is below the national median of $2,400. Tax bills can range significantly, with the 25th percentile at $1,061 and the 90th percentile at $4,222. These variations depend on factors such as property location, size, and improvements.
High property tax bills can significantly impact homeowners, potentially causing financial strain. This is where Ownwell can make a difference. By offering property tax appeal services, Ownwell helps homeowners in Coatesville potentially lower their tax bills. Our team of experts reviews property assessments to identify discrepancies and advocates on behalf of homeowners to ensure fair taxation. This service can result in substantial savings, alleviating the financial burden on homeowners and ensuring they pay only what is necessary.
Median Coatesville Tax Bill
$1,786
Median Hendricks County Tax Bill
$2,647
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Coatesville, Hendricks County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46121 | $535 | $1,061 | $1,786 | $2,847 | $4,222 |
Source: Ownwell