Randolph County, Indiana Property Taxes

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

Median Randolph County effective property tax rate: 0.98%, slightly lower than the national median of 1.02%.
Median Randolph County home value: $87,700
Median annual Randolph County tax bill: $890, $1,510 lower than the national median property tax bill of $2,400.

How are property taxes in Randolph County calculated?

Property taxes in Randolph 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 Winchester or another part of Randolph County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Randolph County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$859

$798

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

Property Tax Rates Across Randolph County, Indiana

Local government entities in Indiana set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Randolph County's effective property tax rate to other counties in Indiana or the U.S. median property tax rate.

Property Tax Rates Across Randolph County, Indiana

Source: Ownwell

0.77%

1.22%

1.67%

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 Randolph County Tax Rate

0.98%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Randolph County, Indiana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Albany	0.57%	0.69%	0.90%	1.24%	2.03%
Farmland	0.54%	0.79%	0.96%	1.54%	1.98%
Losantville	0.44%	0.63%	0.80%	1.33%	1.90%
Lynn	0.41%	0.67%	0.92%	1.42%	2.00%
Modoc	0.40%	0.62%	0.83%	1.34%	1.90%
Parker City	0.48%	0.72%	0.95%	1.51%	1.98%
Redkey	0.50%	0.70%	0.97%	1.26%	2.18%
Ridgeville	0.57%	0.80%	1.04%	1.88%	2.14%
Saratoga	0.75%	0.87%	1.67%	1.91%	3.03%
Union City	0.53%	0.83%	1.01%	1.93%	2.18%
Williamsburg	0.23%	0.53%	0.77%	1.13%	1.33%
Winchester	0.50%	0.81%	0.98%	1.71%	2.00%
Fountain City	N/A	N/A	N/A	N/A	N/A
Mooreland	N/A	N/A	N/A	N/A	N/A
Portland	N/A	N/A	N/A	N/A	N/A
Selma	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Randolph County, Indiana

When examining property taxes in Randolph 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 Randolph 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 Randolph 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 Randolph County. For example, the median tax bill in Randolph County is $877, with tax bills ranging significantly across the county. Williamsburg has the highest median home price at $142,450.

Property Tax Assessment Values Across Randolph County, Indiana

Source: Ownwell

$25,250

$83,850

$142,450

Median Randolph County Market Value

$87,700

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Randolph County, Indiana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Albany	$60,650	$63,000	$79,050	$126,250	$165,350
Farmland	$39,480	$64,600	$96,600	$151,900	$234,480
Losantville	$37,600	$57,625	$108,300	$159,650	$224,920
Lynn	$30,580	$58,800	$95,100	$154,500	$240,040
Modoc	$23,960	$54,275	$114,950	$182,900	$280,540
Parker City	$43,800	$70,250	$98,750	$146,975	$230,500
Redkey	$16,980	$64,900	$110,700	$153,500	$200,640
Ridgeville	$15,640	$33,150	$62,500	$119,225	$181,910
Saratoga	$8,560	$17,525	$25,250	$38,025	$51,190
Union City	$29,800	$45,900	$69,300	$115,400	$179,280
Williamsburg	$72,830	$105,575	$142,450	$211,400	$354,610
Winchester	$37,480	$60,400	$92,300	$139,000	$214,420
Fountain City	N/A	N/A	N/A	N/A	N/A
Mooreland	N/A	N/A	N/A	N/A	N/A
Portland	N/A	N/A	N/A	N/A	N/A
Selma	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Randolph County, Indiana

In Randolph County, IN, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, and ultimately, the tax bill. Homeowners in Randolph County experience a range of tax bills. The median home price is $87,700, and the tax bill at the 25th percentile is $528, while at the 75th percentile, it rises to $1,483. For those at the 90th percentile, the tax bill can reach as high as $2,548. This variability highlights the impact of property characteristics and local tax rates on homeowners' financial obligations. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Randolph County offers a relatively affordable tax environment, though individual tax burdens can vary significantly.

Property Tax Bills Across Randolph County, Indiana

Source: Ownwell

$325

$828

$1,331

Median Randolph County Tax Bill

$890

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Randolph County, Indiana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Albany	$340	$461	$835	$1,416	$2,088
Farmland	$320	$611	$993	$1,656	$2,816
Losantville	$238	$504	$888	$1,342	$2,070
Lynn	$223	$508	$888	$1,510	$2,653
Modoc	$217	$408	$982	$1,717	$3,038
Parker City	$277	$550	$963	$1,550	$2,800
Redkey	$256	$506	$1,048	$1,646	$2,618
Ridgeville	$204	$374	$668	$1,269	$2,238
Saratoga	$156	$217	$325	$490	$840
Union City	$295	$535	$788	$1,268	$2,143
Williamsburg	$292	$530	$1,331	$2,008	$3,116
Winchester	$294	$588	$959	$1,553	$2,661
Fountain City	N/A	N/A	N/A	N/A	N/A
Mooreland	N/A	N/A	N/A	N/A	N/A
Portland	N/A	N/A	N/A	N/A	N/A
Selma	N/A	N/A	N/A	N/A	N/A

Source: Ownwell