Winona Lake, Kosciusko County, Indiana Property Taxes

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

Median Winona Lake, IN effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Winona Lake, IN home value: $225,500
Median annual Winona Lake, IN tax bill: $2,250, $150 lower than the national median property tax bill of $2,400.

How are property taxes in Kosciusko calculated?

Property taxes in Winona Lake, 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 Winona Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winona Lake, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Winona Lake, Kosciusko County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$2,052

$1,904

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

Property Tax Rates Across Winona Lake, Kosciusko County, Indiana

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Winona Lake’s effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S. With a median property tax rate of 0.91%, Winona Lake aligns closely with Kosciusko County's rate. This rate is notably below the national median property tax rate of 1.02%, offering a more affordable property tax environment for residents. Homeowners in Winona Lake benefit from lower property tax bills compared to the national median bill of $2,400, making it an attractive location for property investment. When considering property taxes, Winona Lake stands out as a favorable option within Indiana, providing both economic and community advantages for its residents.

Property Tax Rates Across Winona Lake, Kosciusko County, Indiana

Source: Ownwell

0.50%

0.75%

1.01%

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 Winona Lake Tax Rate

0.91%

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 Winona Lake, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46590	0.66%	0.80%	0.91%	1.33%	1.68%

Source: Ownwell

Property Tax Assessment Values Across Winona Lake, Kosciusko County, Indiana

When examining property taxes in Winona Lake, 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. Assessment notices: In Kosciusko County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Winona Lake. For example, the median home price in Winona Lake is $225,500, with tax bills ranging significantly across the county. ZIP code 46590 has the highest median home price at $225,500.

Property Tax Assessment Values Across Winona Lake, Kosciusko County, Indiana

Source: Ownwell

$76,200

$210,000

$343,800

Median Winona Lake Market Value

$225,500

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 Winona Lake, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46590	$113,810	$161,150	$225,500	$324,350	$480,490

Source: Ownwell

Property Tax Bills Across Winona Lake, Kosciusko County, Indiana

In Winona Lake, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor’s office. The assessed value is a percentage of the property's market value. Factors such as recent sales of similar properties and improvements made to the home can influence this value. The property tax rate is then applied to the assessed value to determine the tax bill. In Kosciusko County, where Winona Lake is located, the median property tax bill is $2,250. This is slightly below the national median property tax bill of $2,400, providing some relief to homeowners. However, with tax bills ranging up to $5,023 for the top 10% of properties, some homeowners may find their tax burden significant. Ownwell can assist homeowners in Winona Lake by reviewing their property assessments and identifying potential savings. Through professional property tax appeal services, Ownwell aims to ensure homeowners are not overpaying, potentially reducing their annual tax bills significantly.

Property Tax Bills Across Winona Lake, Kosciusko County, Indiana

Source: Ownwell

$445

$1,756

$3,066

Median Winona Lake Tax Bill

$2,250

Median Kosciusko County Tax Bill

$1,442

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Winona Lake, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46590	$841	$1,496	$2,250	$3,422	$5,023

Source: Ownwell