Lagrange County, Indiana Property Taxes
The median property tax rate in LaGrange County is 0.63%, 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 LaGrange County at $195,100, the typical annual property tax bill is $1,119, well below the national median of $2,690. Property taxes in LaGrange County are calculated based on the tax 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 LaGrange 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 LaGrange or another part of LaGrange County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lagrange County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$1,229
$1,141
Ownwell’s LaGrange Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in LaGrange with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in LaGrange 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 Lagrange County, Indiana
Property taxes in LaGrange play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in LaGrange is 0.63%, which is lower than the Indiana state median of 0.85% and the U.S. national median of 0.99%. Local government entities within LaGrange set these rates annually, and they can vary significantly between different areas within the county. Each year, LaGrange 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 Orland has one of the higher property tax rates in Indiana at 0.83%, while the city of Mongo boasts one of the lowest at 0.43%. Analyzing how LaGrange's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lagrange County Tax Rate
0.63%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lagrange County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Goshen | 0.48% | 0.50% | 0.54% | 0.62% | 0.95% |
| Howe | 0.27% | 0.36% | 0.62% | 0.98% | 1.00% |
| Hudson | 0.30% | 0.41% | 0.76% | 0.95% | 1.02% |
| Lagrange | 0.30% | 0.39% | 0.57% | 0.86% | 1.12% |
| Ligonier | 0.44% | 0.53% | 0.60% | 0.82% | 0.95% |
| Middlebury | 0.42% | 0.50% | 0.69% | 1.06% | 1.09% |
| Millersburg | 0.46% | 0.52% | 0.59% | 0.73% | 0.98% |
| Mongo | 0.25% | 0.38% | 0.43% | 1.10% | 1.21% |
| Orland | 0.22% | 0.35% | 0.83% | 0.85% | 0.88% |
| Rome City | N/A | N/A | N/A | N/A | N/A |
| Shipshewana | 0.41% | 0.51% | 0.71% | 1.07% | 1.12% |
| South Milford | 0.19% | 0.24% | 0.30% | 0.82% | 0.89% |
| Stroh | N/A | N/A | N/A | N/A | N/A |
| Topeka | 0.42% | 0.50% | 0.61% | 0.86% | 1.08% |
| Wolcottville | 0.31% | 0.39% | 0.70% | 0.90% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Lagrange County, Indiana
In LaGrange 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 LaGrange 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 LaGrange 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. Millersburg has the highest median tax bill at $2,508, while South Milford has the lowest at $398. Being aware of these valuation processes in LaGrange 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 Lagrange County, Indiana
Source: Ownwell
$100,300
$261,850
$423,400
Average Lagrange County Assessed Value
$195,100
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lagrange County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Goshen | $257,790 | $291,725 | $357,150 | $455,900 | $708,070 |
| Howe | $5,400 | $36,500 | $123,300 | $203,400 | $309,200 |
| Hudson | $22,860 | $81,275 | $184,800 | $322,400 | $484,330 |
| Lagrange | $53,600 | $113,925 | $179,000 | $297,825 | $454,120 |
| Ligonier | $42,510 | $197,250 | $344,850 | $444,125 | $584,630 |
| Middlebury | $26,840 | $144,500 | $256,800 | $399,200 | $552,400 |
| Millersburg | $225,280 | $316,200 | $423,400 | $566,700 | $710,780 |
| Mongo | $45,500 | $65,600 | $100,300 | $122,350 | $135,300 |
| Orland | $18,190 | $63,875 | $124,950 | $170,275 | $244,980 |
| Rome City | N/A | N/A | N/A | N/A | N/A |
| Shipshewana | $10,560 | $57,300 | $230,900 | $373,100 | $518,740 |
| South Milford | $56,900 | $102,650 | $128,000 | $150,000 | $192,880 |
| Stroh | N/A | N/A | N/A | N/A | N/A |
| Topeka | $108,700 | $166,975 | $279,600 | $438,075 | $626,440 |
| Wolcottville | $31,790 | $96,600 | $212,650 | $344,975 | $489,560 |
Source: Ownwell
Property Tax Bills Across Lagrange County, Indiana
In LaGrange County, IN, property tax bills are calculated based on the assessed value of your home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including the market value of the property, its location, and any applicable exemptions. For homeowners in LaGrange County, the median home price is $195,100. Tax bills can vary significantly, with those in the 25th percentile paying around $468 annually, while those in the 75th percentile face bills of approximately $2,059. At the 90th percentile, tax bills can reach up to $3,261. Comparatively, Millersburg has the highest median tax bill in the county at $2,508, whereas South Milford has the lowest at $398. These variations highlight the impact of property location and value on tax obligations. Understanding these factors can help homeowners anticipate their tax responsibilities and plan accordingly.
Average Lagrange County Tax Bill
$1,119
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Lagrange County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Goshen | $1,201 | $1,649 | $2,138 | $2,754 | $4,387 |
| Howe | $53 | $185 | $537 | $1,119 | $1,767 |
| Hudson | $183 | $379 | $1,121 | $2,005 | $2,925 |
| Lagrange | $257 | $554 | $1,047 | $1,810 | $2,911 |
| Ligonier | $319 | $944 | $2,094 | $2,712 | $4,031 |
| Middlebury | $208 | $744 | $1,612 | $2,652 | $4,081 |
| Millersburg | $1,177 | $1,803 | $2,508 | $3,744 | $5,286 |
| Mongo | $176 | $360 | $505 | $665 | $1,474 |
| Orland | $133 | $230 | $597 | $1,058 | $1,591 |
| Rome City | N/A | N/A | N/A | N/A | N/A |
| Shipshewana | $106 | $354 | $1,352 | $2,431 | $3,674 |
| South Milford | $157 | $278 | $398 | $684 | $1,234 |
| Stroh | N/A | N/A | N/A | N/A | N/A |
| Topeka | $534 | $1,060 | $1,780 | $2,878 | $4,570 |
| Wolcottville | $230 | $490 | $1,139 | $2,047 | $3,072 |
Source: Ownwell