Beech Grove, Marion County, Indiana Property Taxes

Name: Property Tax Bills Across Beech Grove, Marion County, Indiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Beech Grove, IN effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Beech Grove, IN home value: $159,800
Median annual Beech Grove, IN tax bill: $2,237, $163 lower than the national median property tax bill of $2,400.

How are property taxes in Marion County calculated?

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

Last Updated March 1, 2025

Beech Grove, Marion County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$2,061

$1,913

Ownwell’s Beech Grove Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beech Grove with just two data points. By entering your property's estimated assessed value, our calculator applies Beech Grove’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Marion 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 Marion County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Beech Grove, Marion County, Indiana

Local government entities in Indiana set property tax rates, which can vary widely within the state. This is because each county, like Marion County, estimates its required budget annually to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Beech Grove in Marion County has an effective property tax rate that can be compared to other cities in Indiana, as well as to the median property tax rates in the state and across the U.S. The median property tax rate in Indiana is higher than the national median of 1.02%. Understanding these rates can help property owners in Beech Grove make informed decisions about property tax appeals and exemptions. By comparing local rates to state and national medians, property owners can better assess their tax burden and explore potential savings opportunities.

Property Tax Rates Across Beech Grove, Marion County, Indiana

Source: Ownwell

0.98%

1.55%

2.13%

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 Beech Grove Tax Rate

1.29%

Median Effective Marion County Tax Rate

1.19%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Beech Grove, Marion County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46107	1.15%	1.23%	1.29%	1.49%	2.64%

Source: Ownwell

Property Tax Assessment Values Across Beech Grove, Marion County, Indiana

When examining property taxes in Beech Grove, IN, 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 Marion 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 Marion 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 Beech Grove.

For example, the median home price in Beech Grove is $159,800, with tax bills ranging significantly across the county. Zip code 46107 has the highest median home price at $159,800.

Property Tax Assessment Values Across Beech Grove, Marion County, Indiana

Source: Ownwell

$72,000

$207,650

$343,300

Median Beech Grove Market Value

$159,800

Median Marion County Market Value

$186,900

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Beech Grove, Marion County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46107	$109,810	$133,000	$159,800	$189,200	$229,980

Source: Ownwell

Property Tax Bills Across Beech Grove, Marion County, Indiana

In Beech Grove, located in Marion County, Indiana, property tax bills are calculated based on the assessed value of a property. The local tax rate is then applied to this assessed value to determine the tax bill. With the median home price at $159,800, homeowners in Beech Grove face a property tax bill that can range significantly. The 25th percentile tax bill is $1,767, while those in the 75th percentile pay around $2,978. At the 90th percentile, the tax bill reaches $4,162. These figures highlight the variability in property tax bills within the city, reflecting differences in property values and local tax rates. Compared to the national median property tax bill of $2,400, Beech Grove's tax bills can be both lower and higher, depending on the property. Homeowners can benefit from Ownwell's expertise by appealing their property assessments and identifying potential exemptions, potentially reducing their property tax burden. By leveraging local knowledge and experience, Ownwell helps homeowners navigate the complexities of property taxation, ensuring they pay only their fair share.

Property Tax Bills Across Beech Grove, Marion County, Indiana

Source: Ownwell

$1,225

$2,801

$4,376

Median Beech Grove Tax Bill

$2,237

Median Marion County Tax Bill

$2,364

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Beech Grove, Marion County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46107	$1,335	$1,767	$2,237	$2,978	$4,162

Source: Ownwell