Huntertown, Allen County, Indiana Property Taxes
Median Huntertown, IN effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Huntertown, IN home value: $237,400
Median annual Huntertown, IN tax bill: $1,827, $573 lower than the national median property tax bill of $2,400.
How are property taxes in Allen County calculated?
Property taxes in Huntertown, IN 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 Huntertown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Huntertown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Huntertown, Allen County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.75%
Estimate Property Tax Bill
$1,781
$1,652
Property Tax Rates Across Huntertown, Allen County, Indiana
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties estimate their necessary budgets to provide essential services and then divide that by the total assessed value of all taxable property within their jurisdiction. This process determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is essentially the annual procedure.
In Huntertown, located in Allen County, the effective property tax rate is 0.75%. This rate is consistent with both the highest and lowest median tax rates within the area, indicating a uniformity in property taxation across the region. When compared to the national median property tax rate of 1.02%, Huntertown's rate is notably lower. This can translate to substantial savings for property owners in the area, especially when considering the national median property tax bill of $2,400. Such a favorable tax environment can make Huntertown an attractive place for homeowners seeking to optimize their property tax expenses.
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 Huntertown Tax Rate
0.75%
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 Allen County Tax Rate
1.04%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Huntertown, Allen County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46748 | 0.62% | 0.70% | 0.75% | 0.84% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Huntertown, Allen County, Indiana
When examining property taxes in Huntertown, IN, 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 Allen 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.
In Allen County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Huntertown. For example, the median home price in Huntertown is $237,400, with tax bills ranging significantly across the county. Zip code 46748 has the highest median home price at $237,400.
Property Tax Assessment Values Across Huntertown, Allen County, Indiana
Source: Ownwell
$51,400
$252,700
$454,000
Median Huntertown Market Value
$237,400
Median Allen County Market Value
$172,200
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Huntertown, Allen County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46748 | $142,700 | $190,650 | $237,400 | $351,100 | $543,000 |
Source: Ownwell
Property Tax Bills Across Huntertown, Allen County, Indiana
Median Huntertown Tax Bill
$1,827
Median Allen County Tax Bill
$1,797
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Huntertown, Allen County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46748 | $941 | $1,372 | $1,827 | $2,983 | $4,696 |
Source: Ownwell