Freetown, Brown County, Indiana Property Taxes
Property Taxes in Freetown, Indiana
Median Freetown, Indiana effective property tax rate: 0.37%, significantly lower than the national median of 1.02%, and lower than the Indiana state median of 1.01%.
Median Freetown, Indiana home value: $254,400
Median annual Freetown, Indiana tax bill: $994, lower than the national median property tax bill of $2,400.
How are property taxes in Brown County calculated?
Property taxes in Freetown, Indiana 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 Freetown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Freetown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Freetown, Brown County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.37%
Estimate Property Tax Bill
$941
$873
How Does the Freetown Property Tax Calculator Work?
Use this Freetown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and the calculator applies Freetown's median effective tax rate of 0.37% — based on actual property records in Brown County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. The calculator applies Freetown's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Freetown's rate is well below the 1.01% Indiana median and the 1.02% national median property tax rate. The median property tax bill is $994, which is $1,406 lower than the national median bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Freetown.
About Freetown Property Taxes
About Property Taxes in Freetown, Brown, Indiana
Freetown’s median effective property tax rate of 0.37% is lower than the Indiana state median of 1.01% and lower than the national median of 1.02%. This rate reflects the Brown County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Freetown. Homeowners in the 47235 ZIP code carry a median effective rate of 0.37%, while those in the same ZIP pay 0.37%. This spread reflects how school district boundaries and local assessment districts are drawn across Brown County. Understanding which part of Freetown you live in can make a meaningful difference to your annual tax bill.
Freetown homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 15, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Freetown, Brown County, Indiana
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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 Freetown's effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S.
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 Freetown Tax Rate
0.37%
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 Brown County Tax Rate
0.42%
Median Effective Indiana Tax Rate
1.01%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Freetown, Brown County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47235 | 0.26% | 0.30% | 0.37% | 0.89% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Freetown, Brown County, Indiana
When examining property taxes in Freetown, 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 Brown County assessor 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 Brown 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. For example, the median home price in Freetown is $254,400, with tax bills ranging significantly across the county. 47235 has the highest median home price at $254,400.
Property Tax Assessment Values Across Freetown, Brown County, Indiana
Source: Ownwell
$222,300
$298,600
$374,900
Median Freetown Market Value
$254,400
Median Brown County Market Value
$257,200
Median Indiana Market Value
$186,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Freetown, Brown County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47235 | $123,280 | $176,500 | $254,400 | $334,750 | $446,260 |
Source: Ownwell
Property Tax Bills Across Freetown, Brown County, Indiana
Property tax bills in Freetown are based on the assessed value of a home and the local tax rate set for Brown County. The county determines how much of a home’s market value is taxable, and that assessed value is then multiplied by the tax rate to calculate the bill. For homeowners, this means a higher assessed value usually leads to a higher property tax bill, while a lower assessment can reduce what is owed.
In Freetown, the median home price is $254,400, and the median property tax bill is $994 in ZIP code 47235. That amount is below the national median property tax bill of $2,400 and far below the national median property tax rate of 1.02%. Bills can still vary widely from home to home, with the 25th percentile at $622, the 75th percentile at $1,552, and the 90th percentile at $2,432.
Median Freetown Tax Bill
$994
Median Brown County Tax Bill
$1,168
Median Indiana Tax Bill
$1,964
Median United States Tax Bill
$2,400
Property Tax Bills Across Freetown, Brown County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47235 | $429 | $622 | $994 | $1,552 | $2,432 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 15 |
Links | |
|---|---|
| Brown Tax Assessor | |
| Website | brownin.wthgis.com |