Bremen, Kosciusko County, Indiana Property Taxes
Median Bremen, IN effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Bremen, IN home value: $343,800
Median annual Bremen, IN tax bill: $3,066, $666 higher than the national median property tax bill of $2,400.
How are property taxes in Kosciusko calculated?
Property taxes in Bremen, IN 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 Bremen’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bremen, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bremen, Kosciusko County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$2,338
$2,169
Property Tax Rates Across Bremen, Kosciusko County, Indiana
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 Bremen Tax Rate
0.68%
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 Kosciusko County Tax Rate
0.79%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bremen, Kosciusko County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46506 | 0.57% | 0.63% | 0.68% | 0.94% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Bremen, Kosciusko County, Indiana
When examining property taxes in Bremen, 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 Kosciusko 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.
In Kosciusko County, 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 Bremen. For example, the median home price in Bremen is $343,800, with tax bills ranging significantly across the county. Zip code 46506 has the highest median home price at $343,800.
Property Tax Assessment Values Across Bremen, Kosciusko County, Indiana
Source: Ownwell
$76,200
$210,000
$343,800
Median Bremen Market Value
$343,800
Median Kosciusko County Market Value
$191,600
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bremen, Kosciusko County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46506 | $248,560 | $306,025 | $343,800 | $519,475 | $740,650 |
Source: Ownwell
Property Tax Bills Across Bremen, Kosciusko County, Indiana
In Bremen, located in Kosciusko County, IN, property tax bills are determined by the assessed value of a home and the local tax rate. With a median home price of $343,800, homeowners often face tax bills that can vary significantly. The median property tax bill in Bremen is $3,066, which is higher than the national median of $2,400. Tax bills range from $1,964 at the 25th percentile to $6,003 at the 90th percentile, highlighting the variability homeowners might experience.
Several factors influence these tax bills, including property size, location, and any applicable exemptions. Higher property values typically result in higher tax bills, impacting homeowners' financial planning.
Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing individual property assessments and identifying potential inaccuracies or overlooked exemptions, Ownwell can help homeowners in Bremen reduce their property tax obligations. This service not only ensures fair taxation but also offers significant savings, making homeownership more affordable in the long run.
Median Bremen Tax Bill
$3,066
Median Kosciusko County Tax Bill
$1,442
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Bremen, Kosciusko County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46506 | $1,603 | $1,964 | $3,066 | $4,597 | $6,003 |
Source: Ownwell