Shelby County, Indiana Property Taxes

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

Median Shelby County effective property tax rate: 0.85%, significantly lower than the national median of 1.02%.

Median Shelby County home value: $152,000

Median annual Shelby County tax bill: $1,312, $1,088 lower than the national median property tax bill of $2,400.

How are property taxes in Shelby County calculated?

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

Last Updated March 1, 2025

Shelby County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.85%

Estimate Property Tax Bill

$1,292

$1,199

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

Property Tax Rates Across Shelby County, Indiana

Local government entities set tax rates, which can vary widely within a state. 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Shelby County's effective property tax rate to other counties in Indiana or the U.S. median property tax rate. Shelby County's median property tax rate stands at 0.85%, which is below the national median of 1.02%. This makes it an attractive location for property owners seeking lower tax rates. However, within Indiana, Shelbyville has the highest median tax rate at 0.93%, while Edinburgh boasts the lowest at 0.60%. Understanding these variations can help residents and potential property buyers make informed decisions about where to invest or reside within the state.

Property Tax Rates Across Shelby County, Indiana

Source: Ownwell

0.60%

0.76%

0.93%

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 Shelby County Tax Rate

0.85%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Shelby County, Indiana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Arlington	N/A	N/A	N/A	N/A	N/A
Boggstown	0.42%	0.60%	0.72%	0.91%	1.33%
Edinburgh	0.36%	0.52%	0.60%	0.76%	1.05%
Fairland	0.38%	0.56%	0.69%	0.88%	1.36%
Flat Rock	0.32%	0.45%	0.66%	1.06%	1.56%
Fountaintown	0.49%	0.63%	0.75%	0.97%	1.52%
Franklin	0.40%	0.53%	0.62%	1.03%	1.16%
Greenfield	N/A	N/A	N/A	N/A	N/A
Greensburg	0.54%	0.69%	0.81%	0.99%	1.39%
Gwynneville	0.35%	0.43%	0.69%	1.58%	1.62%
Indianapolis	0.54%	0.61%	0.65%	0.77%	1.23%
Manilla	0.53%	0.69%	0.78%	0.92%	1.51%
Morristown	0.55%	0.74%	0.89%	1.41%	1.76%
Needham	0.52%	0.65%	0.77%	1.31%	1.35%
New Palestine	0.54%	0.60%	0.66%	0.76%	1.20%
Saint Paul	0.42%	0.60%	0.79%	1.36%	1.68%
Shelbyville	0.51%	0.71%	0.93%	1.24%	1.93%
Waldron	0.39%	0.59%	0.77%	1.24%	1.57%

Source: Ownwell

Property Tax Assessment Values Across Shelby County, Indiana

When examining property taxes in Shelby 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 Shelby 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:

Assessment notices in Shelby County 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 Shelby County.

For example, the median tax bill in Shelby County is $1,641, with tax bills ranging significantly across the county. Edinburgh has the highest median home price at $264,950.

Property Tax Assessment Values Across Shelby County, Indiana

Source: Ownwell

$79,800

$172,375

$264,950

Median Shelby County Market Value

$152,000

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Shelby County, Indiana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Arlington	N/A	N/A	N/A	N/A	N/A
Boggstown	$43,670	$107,100	$174,600	$252,075	$343,490
Edinburgh	$109,950	$178,725	$264,950	$361,925	$498,990
Fairland	$66,700	$111,100	$178,500	$264,700	$378,640
Flat Rock	$28,700	$70,350	$123,700	$209,450	$301,600
Fountaintown	$72,360	$130,700	$210,900	$301,300	$419,580
Franklin	$55,500	$98,800	$157,700	$209,100	$312,500
Greenfield	N/A	N/A	N/A	N/A	N/A
Greensburg	$92,010	$123,800	$165,850	$255,125	$311,370
Gwynneville	$12,260	$56,500	$79,800	$106,300	$138,060
Indianapolis	$88,840	$191,400	$243,200	$285,600	$366,760
Manilla	$77,020	$116,425	$161,400	$221,775	$320,740
Morristown	$54,600	$104,950	$162,800	$218,200	$308,010
Needham	$12,580	$34,850	$146,950	$242,425	$346,600
New Palestine	$137,400	$154,500	$180,900	$270,800	$447,640
Saint Paul	$30,910	$65,850	$115,650	$160,325	$230,050
Shelbyville	$65,390	$90,200	$139,900	$201,900	$282,200
Waldron	$36,400	$82,500	$132,300	$187,800	$257,500

Source: Ownwell

Property Tax Bills Across Shelby County, Indiana

In Shelby County, Indiana, property tax bills are determined based on the assessed value of a home, which is typically a percentage of the market value. The tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as local government budgets, school funding, and public services influence the tax rate. Homeowners in Shelby County experience a range of property tax bills. For instance, the 25th percentile tax bill is $771, while the 75th percentile reaches $1,975, and the 90th percentile climbs to $2,971. The highest median tax bill in the county is found in Edinburgh at $1,641, whereas Gwynneville has the lowest at $538. With the national median property tax rate at 1.02% and a median bill of $2,400, Shelby County's property taxes can be considered relatively moderate. Understanding these factors is crucial for homeowners as property taxes significantly impact annual housing costs and long-term financial planning.

Property Tax Bills Across Shelby County, Indiana

Source: Ownwell

$538

$1,090

$1,641

Median Shelby County Tax Bill

$1,312

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Shelby County, Indiana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Arlington	N/A	N/A	N/A	N/A	N/A
Boggstown	$238	$571	$1,295	$2,036	$3,074
Edinburgh	$381	$911	$1,641	$2,593	$3,609
Fairland	$287	$676	$1,232	$2,090	$3,025
Flat Rock	$181	$364	$786	$1,601	$2,509
Fountaintown	$424	$860	$1,624	$2,599	$3,777
Franklin	$323	$602	$1,059	$1,646	$2,472
Greenfield	N/A	N/A	N/A	N/A	N/A
Greensburg	$490	$918	$1,431	$2,225	$3,507
Gwynneville	$118	$226	$538	$954	$1,464
Indianapolis	$748	$1,214	$1,541	$2,013	$2,755
Manilla	$479	$912	$1,369	$2,075	$3,079
Morristown	$409	$858	$1,488	$2,254	$3,253
Needham	$133	$289	$1,087	$1,824	$2,696
New Palestine	$768	$946	$1,263	$2,099	$3,523
Saint Paul	$215	$385	$879	$1,461	$2,205
Shelbyville	$434	$848	$1,313	$1,936	$2,856
Waldron	$234	$514	$997	$1,635	$2,474

Source: Ownwell