Montgomery County, Indiana Property Taxes
Median Montgomery County effective property tax rate: 0.77%, significantly lower than the national median of 1.02%.
Median Montgomery County home value: $158,100
Median annual Montgomery County tax bill: $1,357, $1,043 lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Montgomery 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 Crawfordsville or another part of Montgomery County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Montgomery County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$1,217
$1,130
Property Tax Rates Across Montgomery County, Indiana
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Montgomery County, Indiana, the effective property tax rate is a crucial aspect of homeownership. The county's median property tax rate of 0.77% is notably lower than the national median of 1.02%. This lower rate can be a financial advantage for homeowners, making it a more affordable location compared to other parts of the country.
For a broader perspective, Alamo boasts the highest median property tax rate in Indiana at 1.96%, while Romney has the lowest at 0.55%. These variations highlight the importance of understanding local tax rates when considering property investments. Comparing Montgomery County's rate to others in Indiana or the national average provides valuable insights for potential homeowners or investors looking for cost-effective property tax solutions.
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 Montgomery County Tax Rate
0.77%
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 Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montgomery County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alamo | 0.47% | 0.61% | 1.96% | 2.02% | 2.38% |
Clarks Hill | 0.46% | 0.56% | 0.64% | 0.78% | 1.30% |
Colfax | 0.47% | 0.56% | 0.69% | 1.05% | 1.68% |
Crawfordsville | 0.43% | 0.57% | 0.88% | 1.20% | 2.14% |
Darlington | 0.35% | 0.47% | 0.59% | 0.87% | 1.58% |
Hillsboro | N/A | N/A | N/A | N/A | N/A |
Ladoga | 0.42% | 0.54% | 0.66% | 0.97% | 1.81% |
Linden | 0.39% | 0.49% | 0.64% | 1.03% | 1.89% |
New Market | 0.28% | 0.48% | 0.62% | 0.83% | 1.91% |
New Richmond | 0.44% | 0.52% | 0.66% | 1.02% | 1.81% |
New Ross | 0.36% | 0.48% | 0.60% | 0.93% | 1.51% |
Roachdale | 0.52% | 0.60% | 0.62% | 1.42% | 1.50% |
Romney | 0.32% | 0.46% | 0.55% | 1.28% | 1.35% |
Russellville | N/A | N/A | N/A | N/A | N/A |
Thorntown | 0.50% | 0.53% | 0.61% | 0.68% | 0.73% |
Waveland | 0.37% | 0.47% | 0.66% | 1.23% | 1.94% |
Waynetown | 0.35% | 0.47% | 0.58% | 0.81% | 1.75% |
Wingate | 0.38% | 0.46% | 0.64% | 1.35% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Montgomery County, Indiana
Property Tax Assessment Values Across Montgomery County, Indiana
Source: Ownwell

$41,000
$160,550
$280,100
Median Montgomery County Market Value
$158,100
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montgomery County, Indiana
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alamo | $6,460 | $17,850 | $41,000 | $57,500 | $79,340 |
Clarks Hill | $112,820 | $236,500 | $280,100 | $321,200 | $393,080 |
Colfax | $85,420 | $180,775 | $229,050 | $276,000 | $447,690 |
Crawfordsville | $73,690 | $110,800 | $163,900 | $234,200 | $325,100 |
Darlington | $72,680 | $107,075 | $151,950 | $231,450 | $346,320 |
Hillsboro | N/A | N/A | N/A | N/A | N/A |
Ladoga | $70,520 | $107,100 | $166,700 | $258,300 | $359,220 |
Linden | $54,200 | $85,200 | $116,700 | $179,750 | $275,700 |
New Market | $62,900 | $89,150 | $114,100 | $143,600 | $193,020 |
New Richmond | $64,620 | $89,000 | $135,600 | $224,100 | $317,400 |
New Ross | $64,000 | $104,825 | $165,300 | $254,225 | $331,210 |
Roachdale | $124,920 | $136,500 | $190,200 | $229,700 | $277,520 |
Romney | $133,520 | $135,000 | $208,700 | $260,900 | $417,860 |
Russellville | N/A | N/A | N/A | N/A | N/A |
Thorntown | $150,870 | $168,550 | $192,950 | $223,300 | $332,950 |
Waveland | $47,450 | $70,250 | $116,800 | $192,225 | $312,090 |
Waynetown | $73,990 | $105,525 | $146,000 | $210,350 | $322,120 |
Wingate | $41,270 | $69,050 | $109,950 | $202,550 | $313,030 |
Source: Ownwell
Property Tax Bills Across Montgomery County, Indiana
Median Montgomery County Tax Bill
$1,357
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Montgomery County, Indiana
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alamo | $104 | $196 | $367 | $602 | $1,118 |
Clarks Hill | $1,104 | $1,346 | $1,667 | $2,412 | $3,494 |
Colfax | $655 | $1,087 | $1,598 | $2,592 | $3,871 |
Crawfordsville | $434 | $853 | $1,502 | $2,235 | $3,184 |
Darlington | $295 | $540 | $992 | $1,747 | $3,195 |
Hillsboro | N/A | N/A | N/A | N/A | N/A |
Ladoga | $371 | $679 | $1,241 | $2,085 | $3,224 |
Linden | $296 | $419 | $889 | $1,595 | $2,548 |
New Market | $240 | $424 | $725 | $1,219 | $1,904 |
New Richmond | $333 | $575 | $1,076 | $1,737 | $2,904 |
New Ross | $296 | $614 | $1,055 | $1,850 | $2,597 |
Roachdale | $721 | $950 | $1,290 | $2,734 | $3,113 |
Romney | $426 | $613 | $1,241 | $1,929 | $5,005 |
Russellville | N/A | N/A | N/A | N/A | N/A |
Thorntown | $827 | $1,173 | $1,211 | $1,258 | $2,180 |
Waveland | $235 | $396 | $901 | $1,671 | $3,190 |
Waynetown | $293 | $528 | $942 | $1,643 | $3,026 |
Wingate | $252 | $394 | $797 | $1,622 | $2,694 |
Source: Ownwell