Avilla, Indiana Property Taxes
The median property tax rate in Avilla, IN is 0.69%, notably lower than both the national median of 0.99% and the Indiana state median of 0.99%. With the median home value in Avilla at $203,800, the typical annual property tax bill is $1,456, which is also below the national median of $2,690. Property taxes in Avilla are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Avilla's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of Avilla or another part of Noble County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Avilla, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$1,406
Ownwell’s Avilla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avilla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avilla to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Avilla, Indiana
Property taxes in Avilla, Indiana, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avilla is 0.69%, lower than both the Indiana state median and the U.S. national median of 0.99%. Local government entities within Avilla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avilla estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Avilla's effective property tax rate to other counties in Indiana and the national median. For comparison, the 46710 zip code has the highest median property tax rate of 0.69%, while the same zip code also has the lowest median tax rate of 0.69%. Understanding how these cities compare with Avilla provides valuable insights into the varying tax landscape across Noble County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avilla Tax Rate
0.69%
Average Noble County Tax Rate
0.71%
Average Indiana Tax Rate
0.99%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avilla, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46710 | 0.46% | 0.57% | 0.69% | 0.81% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Avilla, Indiana
In Avilla, Indiana, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Noble County Appraisal District for tax purposes. In contrast, the assessed value 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. In Avilla, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. In Avilla, the median home price is $203,800, with tax bills ranging from $999 at the 25th percentile to $2,947 at the 90th percentile. The zip code 46710 has the highest median tax bill at $1,456. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Avilla Assessed Value
$203,800
Average Noble County Assessed Value
$173,300
Average Indiana Assessed Value
$170,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avilla, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46710 | $107,760 | $154,650 | $203,800 | $283,450 | $389,460 |
Source: Ownwell
Property Tax Bills Across Avilla, Indiana
Property tax bills in Avilla, located in Noble County, Indiana, are calculated based on the assessed value of a property. This assessed value is determined by the local assessor’s office and reflects the market value of the home. Homeowners in Avilla can expect their property tax bills to vary significantly depending on their home's assessed value and the local tax rate. For instance, the median home price in Avilla is $203,800, and property tax bills can range from $999 at the 25th percentile to $2,111 at the 75th percentile. At the 90th percentile, the tax bill can reach up to $2,947. These figures indicate that while some homeowners may pay below the national median property tax rate of 0.99%, others might pay significantly more, affecting their annual financial planning. Understanding these factors is crucial for homeowners as property taxes directly impact their overall cost of homeownership and can vary widely even within the same region.
Average Avilla Tax Bill
$1,456
Average Noble County Tax Bill
$1,324
Average Indiana Tax Bill
$1,691
Average United States Tax Bill
$2,690
Property Tax Bills Across Avilla, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46710 | $566 | $999 | $1,456 | $2,111 | $2,947 |
Source: Ownwell