Marshall County, Indiana Property Taxes

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

Median Marshall County effective property tax rate: 0.94%, significantly lower than the national median of 1.02%.
Median Marshall County home value: $139,800
Median annual Marshall County tax bill: $1,216, $1,184 lower than the national median property tax bill of $2,400.

How are property taxes in Marshall County calculated?

Property taxes in Marshall County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Plymouth or another part of Marshall County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Marshall County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$1,314

$1,219

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

Property Tax Rates Across Marshall County, Indiana

Local government entities determine property tax rates, which can differ significantly across Indiana. Each county annually estimates its required budget to provide essential services, dividing this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.

Marshall County's effective property tax rate can be compared to other counties in Indiana or the U.S. median property tax rate. The effective rate in Marshall County is slightly below the national median property tax rate of 1.02%. While some areas in the state may experience higher rates, such as Culver with a rate of 1.09%, others, like Mentone, benefit from lower rates at 0.55%. Understanding these variances can help property owners make informed decisions about their investments and potential tax liabilities. By staying informed, property owners in Marshall County can better navigate the complexities of property taxation and explore opportunities for tax appeals or exemptions.

Property Tax Rates Across Marshall County, Indiana

Source: Ownwell

0.55%

0.82%

1.09%

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 Marshall County Tax Rate

0.94%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Marshall County, Indiana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Argos	0.51%	0.76%	0.97%	1.16%	1.88%
Bourbon	0.52%	0.69%	0.98%	1.07%	2.00%
Bremen	0.55%	0.69%	0.92%	1.06%	1.54%
Culver	0.48%	0.69%	1.09%	1.58%	1.70%
Grovertown	0.52%	0.75%	0.81%	1.15%	1.62%
Lakeville	0.50%	0.65%	0.75%	0.82%	1.05%
Lapaz	0.48%	0.60%	0.78%	1.18%	2.02%
Mentone	0.45%	0.51%	0.55%	0.64%	0.82%
Nappanee	0.57%	0.67%	0.77%	1.21%	1.32%
Plymouth	0.57%	0.75%	0.95%	1.58%	1.71%
Tippecanoe	0.31%	0.47%	0.65%	1.16%	1.33%
Walkerton	0.48%	0.67%	0.85%	1.30%	1.68%
Donaldson	N/A	N/A	N/A	N/A	N/A
Etna Green	N/A	N/A	N/A	N/A	N/A
Rochester	N/A	N/A	N/A	N/A	N/A
Tyner	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Marshall County, Indiana

When examining property taxes in Marshall County, 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 Marshall 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 Marshall 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 Marshall County. For example, the median tax bill in Marshall County is $1,260, with tax bills ranging significantly across the county. Nappanee has the highest median home price at $217,900.

Property Tax Assessment Values Across Marshall County, Indiana

Source: Ownwell

$72,900

$145,400

$217,900

Median Marshall County Market Value

$139,800

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Marshall County, Indiana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Argos	$29,600	$74,100	$110,700	$160,550	$215,600
Bourbon	$45,760	$85,950	$127,800	$182,700	$229,020
Bremen	$63,220	$108,900	$156,600	$221,800	$303,300
Culver	$65,770	$138,800	$211,150	$357,250	$1,077,200
Grovertown	$25,400	$88,400	$154,400	$190,200	$210,200
Lakeville	$100,360	$141,950	$179,400	$214,700	$243,440
Lapaz	$7,500	$40,200	$72,900	$100,800	$138,600
Mentone	$66,400	$96,975	$141,900	$168,575	$193,180
Nappanee	$141,100	$163,675	$217,900	$248,575	$294,600
Plymouth	$10,500	$65,000	$127,600	$191,950	$265,400
Tippecanoe	$8,450	$41,875	$96,750	$145,775	$209,750
Walkerton	$36,240	$99,350	$157,600	$231,200	$310,660
Donaldson	N/A	N/A	N/A	N/A	N/A
Etna Green	N/A	N/A	N/A	N/A	N/A
Rochester	N/A	N/A	N/A	N/A	N/A
Tyner	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Marshall County, Indiana

In Marshall County, Indiana, property tax bills are primarily calculated based on the assessed value of a home. The median home price in the county stands at $139,800, which plays a significant role in determining the tax bill. The property tax rate is applied to this assessed value to generate the annual tax bill. Homeowners in Marshall County experience a range of tax bills, with the 25th percentile at $608 and the 75th percentile reaching $1,930. For those at the 90th percentile, tax bills can go as high as $3,041. The city of Culver has the highest median tax bill at $2,147, while LaPaz offers some relief with the lowest median tax bill at $458. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Marshall County generally offers a more affordable property tax environment. However, fluctuations in assessed home values and local tax rates mean that the impact on homeowners can vary significantly across the county.

Property Tax Bills Across Marshall County, Indiana

Source: Ownwell

$458

$1,303

$2,147

Median Marshall County Tax Bill

$1,216

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Marshall County, Indiana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Argos	$153	$587	$1,023	$1,560	$2,173
Bourbon	$356	$707	$1,153	$1,688	$2,159
Bremen	$406	$891	$1,429	$2,102	$3,013
Culver	$413	$979	$2,147	$4,508	$11,918
Grovertown	$234	$463	$1,249	$1,671	$1,936
Lakeville	$509	$859	$1,294	$1,739	$2,035
Lapaz	$54	$208	$458	$916	$1,414
Mentone	$398	$512	$810	$1,007	$1,132
Nappanee	$902	$1,237	$1,677	$2,205	$2,904
Plymouth	$143	$474	$1,138	$1,743	$2,539
Tippecanoe	$61	$205	$569	$1,089	$1,585
Walkerton	$287	$631	$1,263	$2,100	$3,582
Donaldson	N/A	N/A	N/A	N/A	N/A
Etna Green	N/A	N/A	N/A	N/A	N/A
Rochester	N/A	N/A	N/A	N/A	N/A
Tyner	N/A	N/A	N/A	N/A	N/A

Source: Ownwell