Edinburgh, Bartholomew County, Indiana Property Taxes
Median Edinburgh, IN effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Edinburgh, IN home value: $157,300
Median annual Edinburgh, IN tax bill: $1,219, $1,181 lower than the national median property tax bill of $2,400.
How are property taxes in Bartholomew County calculated?
Property taxes in Edinburgh, 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 Edinburgh’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Edinburgh, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Edinburgh, Bartholomew County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$1,227
$1,139
Property Tax Rates Across Edinburgh, Bartholomew County, Indiana
Local government entities in Indiana set tax rates, which can vary widely within the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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.
In Edinburgh, located in Bartholomew County, the effective property tax rate is 0.78%. This rate aligns with the highest and lowest median tax rates within the state, both recorded in the same zip code of 46124. When compared to the national median property tax rate of 1.02%, Edinburgh's rate is notably lower, offering a more favorable tax environment. The national median property tax bill stands at $2,400, making Edinburgh an attractive option for property owners looking to minimize their tax burden. This advantageous tax rate underscores the importance of understanding local property tax dynamics, which can significantly impact property ownership costs.
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 Edinburgh Tax Rate
0.78%
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 Bartholomew County Tax Rate
1.04%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Edinburgh, Bartholomew County, Indiana
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
46124 | 0.44% | 0.67% | 0.78% | 1.39% | 2.38% |
Source: Ownwell
Property Tax Assessment Values Across Edinburgh, Bartholomew County, Indiana
Property Tax Assessment Values Across Edinburgh, Bartholomew County, Indiana
Source: Ownwell
$76,700
$168,350
$260,000
Median Edinburgh Market Value
$157,300
Median Bartholomew County Market Value
$193,600
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Edinburgh, Bartholomew County, Indiana
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
46124 | $48,420 | $95,300 | $157,300 | $188,600 | $251,560 |
Source: Ownwell
Property Tax Bills Across Edinburgh, Bartholomew County, Indiana
In Edinburgh, Bartholomew County, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in this area is $157,300, and homeowners face property tax bills ranging from $945 at the 25th percentile to $2,702 at the 90th percentile. The highest median tax bill in the region is $1,219, which is still below the national median of $2,400. Factors such as property improvements, market conditions, and local government budgets can influence these assessments and, consequently, the tax bills. Higher assessed values lead to higher tax bills, impacting homeowners' financial responsibilities significantly.
Ownwell offers a way to alleviate this burden by helping homeowners appeal their property tax assessments. By analyzing the local market and comparable properties, Ownwell identifies potential discrepancies in assessments and assists in filing appeals. This service can lead to substantial savings, ensuring that homeowners only pay their fair share. With Ownwell's expertise, navigating the complexities of property taxes becomes more manageable, providing peace of mind and potential financial relief.
Median Edinburgh Tax Bill
$1,219
Median Bartholomew County Tax Bill
$2,070
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Edinburgh, Bartholomew County, Indiana
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
46124 | $497 | $945 | $1,219 | $1,730 | $2,702 |
Source: Ownwell