Taylorsville, Bartholomew County, Indiana Property Taxes
Median Taylorsville, IN effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Taylorsville, IN home value: $141,700
Median annual Taylorsville, IN tax bill: $977, $1,423 lower than the national median property tax bill of $2,400.
How are property taxes in Bartholomew calculated?
Property taxes in Taylorsville, 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 Taylorsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Taylorsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Taylorsville, Bartholomew County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.69%
Estimate Property Tax Bill
$978
$907
Property Tax Rates Across Taylorsville, Bartholomew County, Indiana
Local government entities determine tax rates, and these can vary significantly within a state. This is because each county annually estimates its required budget for services and divides that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting tax rates and budgets, this is essentially the annual process.
In Taylorsville, located in Bartholomew County, the effective property tax rate is a reflection of this process. When comparing Taylorsville’s tax rate to other cities within Indiana, it is noteworthy for its consistency. The median property tax rate in Indiana is lower than the national median, offering a comparative advantage for property owners in the state. This makes Taylorsville an attractive option for those seeking lower property tax obligations compared to the national average. Property owners in Taylorsville benefit from a tax rate that aligns with the state’s median, which can lead to significant savings over time. Understanding these dynamics can empower property owners to make informed decisions about their investments and financial planning.
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 Taylorsville Tax Rate
0.69%
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 Taylorsville, Bartholomew County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47280 | 0.38% | 0.59% | 0.69% | 0.78% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Taylorsville, Bartholomew County, Indiana
When examining property taxes in Taylorsville, Indiana, 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 Bartholomew County appraisal district 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 Bartholomew 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 Taylorsville. For example, the median home price in Taylorsville is $141,700, with tax bills ranging significantly across the county. Zip code 47280 has the highest median home price at $141,700.
Property Tax Assessment Values Across Taylorsville, Bartholomew County, Indiana
Source: Ownwell
$76,700
$168,350
$260,000
Median Taylorsville Market Value
$141,700
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 Taylorsville, Bartholomew County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47280 | $89,910 | $119,600 | $141,700 | $161,550 | $178,550 |
Source: Ownwell
Property Tax Bills Across Taylorsville, Bartholomew County, Indiana
In Taylorsville, Bartholomew County, Indiana, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. Homeowners in Taylorsville experience a range of property tax bills, with the 25th percentile at $736 and the 75th percentile at $1,295, indicating variability based on property specifics. Comparatively, these figures are below the national median property tax bill of $2,400, offering a more affordable tax environment for residents.
Ownwell assists homeowners by identifying potential property tax savings through appeals and exemptions. By leveraging expertise in local tax regulations, Ownwell ensures that homeowners pay only their fair share. This can result in significant savings, especially for those at the higher end of the tax spectrum, such as those in the 90th percentile, where tax bills can reach $1,912. With Ownwell's guidance, homeowners can reduce their property tax burden and achieve financial relief.
Median Taylorsville Tax Bill
$977
Median Bartholomew County Tax Bill
$2,070
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Taylorsville, Bartholomew County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47280 | $389 | $736 | $977 | $1,295 | $1,912 |
Source: Ownwell