Delphi, Carroll County, Indiana Property Taxes

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

Median Delphi, IN effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Delphi, IN home value: $128,000
Median annual Delphi, IN tax bill: $896, $1,504 lower than the national median property tax bill of $2,400.

How are property taxes in Carroll calculated?

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

Last Updated March 1, 2025

Delphi, Carroll County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$832

$772

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

Property Tax Rates Across Delphi, Carroll County, Indiana

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide this amount by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and legal regulations play a role in setting these tax rates and budgets, this is essentially the annual process.

Delphi in Carroll County, Indiana, offers an interesting perspective on property tax rates. The effective property tax rate in Delphi is 0.65%, which aligns with the highest and lowest median tax rates within the area, reflecting a consistent approach across the region. When compared to the national median property tax rate of 1.02%, Delphi's rate is relatively lower, potentially making it an attractive location for property owners seeking lower tax burdens. Understanding these differences can be crucial for property owners and potential buyers when evaluating the cost of property ownership in various regions.

Property Tax Rates Across Delphi, Carroll County, Indiana

Source: Ownwell

0.32%

0.68%

1.03%

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 Delphi Tax Rate

0.65%

Median Effective Carroll County Tax Rate

0.65%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Delphi, Carroll County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46923	0.37%	0.50%	0.65%	1.06%	1.72%

Source: Ownwell

Property Tax Assessment Values Across Delphi, Carroll County, Indiana

When examining property taxes in Delphi, 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 Carroll 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. In Carroll 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 Delphi. For example, the median home price in Delphi is $128,000, with tax bills ranging significantly across the county. Zip code 46923 has the highest median home price at $128,000.

Property Tax Assessment Values Across Delphi, Carroll County, Indiana

Source: Ownwell

$46,100

$145,900

$245,700

Median Delphi Market Value

$128,000

Median Carroll County Market Value

$127,000

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Delphi, Carroll County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46923	$21,400	$78,000	$128,000	$201,300	$289,140

Source: Ownwell

Property Tax Bills Across Delphi, Carroll County, Indiana

In Delphi, located in Carroll 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 median home price in Delphi is $128,000. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Delphi, the median property tax bill stands at $896, which is significantly lower than the national median property tax bill of $2,400. Tax bills can vary widely, from the 25th percentile at $455 to the 90th percentile at $2,122, depending on property values and exemptions. Homeowners in Delphi can potentially lower their tax bills through exemptions and appeals. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners navigate the complexities of property taxation, ensuring they only pay their fair share. With Ownwell's assistance, homeowners can achieve significant savings on their property tax bills, easing their financial burden.

Property Tax Bills Across Delphi, Carroll County, Indiana

Source: Ownwell

$175

$810

$1,445

Median Delphi Tax Bill

$896

Median Carroll County Tax Bill

$831

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Delphi, Carroll County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46923	$176	$455	$896	$1,455	$2,122

Source: Ownwell