Norman, Brown County, Indiana Property Taxes

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

Median Norman, 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 Norman, IN home value: $177,600
Median annual Norman, IN tax bill: $1,146, $1,254 lower than the national median property tax bill of $2,400.

How are property taxes in Brown County calculated?

Property taxes in Norman, 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 Norman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Norman, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Norman, Brown County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$1,385

$1,286

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

Property Tax Rates Across Norman, Brown County, Indiana

Local government entities are responsible for setting tax rates, which can differ significantly across a state. Each year, counties like Brown in Indiana determine their budget requirements for public services and divide this by the total assessed value of all taxable properties within their jurisdiction. This process establishes the property tax rate. Although votes and legislative measures play a role in setting these rates and budgets, this is essentially the annual process.

In Norman, the effective property tax rate is 0.78%, which is lower than the national median property tax rate of 1.02%. This rate is also a reflection of Indiana's median property tax rate, which tends to be more favorable compared to the national average. Homeowners in Norman benefit from this lower rate, resulting in property tax bills that are generally lower than the national median of $2,400. This comparison highlights the potential savings for property owners in Norman, making it an attractive location for those seeking lower property tax obligations.

Property Tax Rates Across Norman, Brown County, Indiana

Source: Ownwell

0.41%

0.67%

0.93%

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 Norman Tax Rate

0.78%

Median Effective Brown County Tax Rate

0.43%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Norman, Brown County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47264	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Norman, Brown County, Indiana

When examining property taxes in Norman, 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'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 Brown 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 Norman.

For example, the median home price in Norman is $177,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Norman, Brown County, Indiana

Source: Ownwell

$199,850

$280,275

$360,700

Median Norman Market Value

$177,600

Median Brown County Market Value

$234,800

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Norman, Brown County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47264	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Norman, Brown County, Indiana

In Norman, located in Brown County, Indiana, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $177,600, homeowners in Norman face a property tax rate that often results in bills ranging from $968 at the 25th percentile to $1,430 at the 90th percentile. This is below the national median property tax bill of $2,400, offering some relief to homeowners. However, even within these bounds, tax bills can vary significantly depending on the specific assessed value and applicable exemptions. Homeowners can find these fluctuations challenging, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their properties are fairly assessed, potentially lowering their tax bills and providing significant savings. This service is invaluable for those seeking to manage their property tax expenses effectively.

Property Tax Bills Across Norman, Brown County, Indiana

Source: Ownwell

$907

$1,392

$1,877

Median Norman Tax Bill

$1,146

Median Brown County Tax Bill

$1,113

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Norman, Brown County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47264	N/A	N/A	N/A	N/A	N/A

Source: Ownwell