Tippecanoe County, Indiana Property Taxes

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

Median Tippecanoe County effective property tax rate: 0.90%, significantly lower than the national median of 1.02%.
Median Tippecanoe County home value: $169,300
Median annual Tippecanoe County tax bill: $1,655, $745 lower than the national median property tax bill of $2,400.

How are property taxes in Tippecanoe County calculated?

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

Last Updated March 1, 2025

Tippecanoe County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$1,524

$1,414

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

Property Tax Rates Across Tippecanoe 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, resulting in the property tax rate. This annual process, despite involving votes and laws, essentially boils down to this calculation. In Tippecanoe County, Indiana, the effective property tax rate offers a glimpse into how these calculations play out. Compared to the national median property tax rate of 1.02%, Tippecanoe County's rate is distinct. Within the county, Montmorenci has the highest median tax rate at 1.14%, while Stockwell boasts the lowest at 0.52%. This variation showcases how different areas within the same county can have differing tax burdens. Understanding these differences is crucial for property owners looking to appeal or seek exemptions. By comparing Tippecanoe County's effective property tax rate to other counties in Indiana or the U.S. median, property owners can better navigate their tax responsibilities and potentially save money.

Property Tax Rates Across Tippecanoe County, Indiana

Source: Ownwell

0.52%

1.26%

2.00%

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 Tippecanoe County Tax Rate

0.90%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tippecanoe County, Indiana

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Attica	0.50%	0.59%	0.67%	1.52%	1.52%
Battle Ground	0.48%	0.63%	0.74%	0.85%	1.92%
Buck Creek	0.33%	0.42%	0.52%	1.52%	1.52%
Clarks Hill	0.48%	0.61%	0.76%	1.47%	2.01%
Dayton	0.51%	0.65%	0.76%	0.85%	1.88%
Delphi	0.37%	0.49%	0.74%	1.48%	1.48%
Lafayette	0.61%	0.71%	0.90%	1.01%	2.00%
Linden	0.69%	0.72%	0.80%	0.83%	1.12%
Montmorenci	0.38%	0.63%	1.14%	1.46%	1.46%
Mulberry	N/A	N/A	N/A	N/A	N/A
New Richmond	0.45%	0.53%	0.68%	0.77%	0.92%
Otterbein	0.52%	0.64%	0.83%	1.32%	2.31%
Romney	0.39%	0.59%	0.72%	0.84%	1.56%
Stockwell	0.31%	0.37%	0.52%	0.64%	1.47%
West Lafayette	0.65%	0.73%	1.00%	1.21%	1.91%
Westpoint	0.43%	0.59%	0.75%	0.84%	1.54%

Source: Ownwell

Property Tax Assessment Values Across Tippecanoe County, Indiana

When examining property taxes in Tippecanoe 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 Tippecanoe 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 Tippecanoe 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 Tippecanoe County. For example, the median tax bill in Tippecanoe County is $2,464, with tax bills ranging significantly across the county. Linden has the highest median home price at $237,600.

Property Tax Assessment Values Across Tippecanoe County, Indiana

Source: Ownwell

$52,000

$144,800

$237,600

Median Tippecanoe County Market Value

$169,300

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tippecanoe County, Indiana

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Attica	$41,920	$96,400	$121,000	$164,600	$228,520
Battle Ground	$65,100	$94,450	$159,600	$268,300	$360,600
Buck Creek	$35,190	$72,350	$90,100	$107,675	$134,960
Clarks Hill	$27,170	$60,325	$91,750	$148,150	$274,140
Dayton	$86,900	$105,750	$140,200	$159,225	$171,900
Delphi	$11,300	$22,500	$52,000	$182,300	$270,300
Lafayette	$77,700	$104,300	$151,000	$206,900	$293,300
Linden	$82,000	$174,650	$237,600	$365,700	$594,900
Montmorenci	$33,420	$85,700	$115,900	$126,200	$166,720
Mulberry	N/A	N/A	N/A	N/A	N/A
New Richmond	$80,640	$92,125	$150,800	$173,875	$257,960
Otterbein	$47,360	$72,000	$89,500	$108,600	$136,880
Romney	$72,730	$106,025	$152,650	$240,600	$311,090
Stockwell	$56,300	$75,050	$94,100	$134,500	$160,460
West Lafayette	$131,790	$174,700	$230,100	$307,300	$415,810
Westpoint	$58,510	$91,150	$161,100	$252,750	$329,240

Source: Ownwell

Property Tax Bills Across Tippecanoe County, Indiana

In Tippecanoe County, Indiana, property tax bills are determined by assessing a property's value and applying the local tax rate. The assessed value is based on the property's market value, which is influenced by factors such as location, size, and condition. Homeowners in Tippecanoe County experience a range of property tax bills, with the 25th percentile at $1,096 and the 75th percentile reaching $2,465. This indicates a significant variation in tax bills depending on the property's assessed value and location within the county. For instance, West Lafayette has the highest median tax bill at $2,464, while Buck Creek has the lowest at $466. These variations can significantly impact homeowners, as those in areas with higher tax bills might face a larger financial burden compared to those in lower-taxed areas. Compared to the national median property tax bill of $2,400, Tippecanoe County's median tax bills reflect both ends of the spectrum, highlighting the importance of understanding local assessments and tax rates.

Property Tax Bills Across Tippecanoe County, Indiana

Source: Ownwell

$466

$1,465

$2,464

Median Tippecanoe County Tax Bill

$1,655

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Tippecanoe County, Indiana

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Attica	$257	$654	$811	$1,464	$2,086
Battle Ground	$350	$698	$1,393	$2,200	$2,925
Buck Creek	$185	$262	$466	$782	$1,369
Clarks Hill	$268	$427	$797	$1,455	$2,229
Dayton	$468	$764	$1,171	$1,426	$2,266
Delphi	$87	$109	$622	$1,211	$2,373
Lafayette	$640	$1,022	$1,512	$2,080	$2,819
Linden	$332	$775	$1,664	$2,234	$2,769
Montmorenci	$247	$408	$927	$1,593	$1,806
Mulberry	N/A	N/A	N/A	N/A	N/A
New Richmond	$426	$481	$1,006	$1,211	$2,062
Otterbein	$325	$481	$759	$1,333	$1,957
Romney	$328	$636	$1,244	$2,011	$2,732
Stockwell	$193	$287	$528	$865	$1,178
West Lafayette	$1,035	$1,612	$2,464	$3,505	$4,780
Westpoint	$273	$579	$1,258	$2,031	$2,688

Source: Ownwell