Galveston, Cass County, Indiana Property Taxes

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

Median Galveston, Indiana effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Galveston, Indiana home value: $106,800
Median annual Galveston, Indiana tax bill: $1,064, $1,336 lower than the national median property tax bill of $2,400.

How are property taxes in Cass County calculated?

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

Last Updated March 1, 2025

Galveston, Cass County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.92%

Estimate Property Tax Bill

$983

$912

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

Property Tax Rates Across Galveston, Cass 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 Galveston's effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S.

Property Tax Rates Across Galveston, Cass County, Indiana

Source: Ownwell

0.61%

1.28%

1.96%

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 Galveston Tax Rate

0.92%

Median Effective Cass County Tax Rate

1.00%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Galveston, Cass County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46932	0.51%	0.76%	0.92%	1.12%	1.88%

Source: Ownwell

Property Tax Assessment Values Across Galveston, Cass County, Indiana

When examining property taxes in Galveston, 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 Cass 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 Cass County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Galveston. For example, the median home price in Galveston is $106,800, with tax bills ranging significantly across the county. Zip code 46932 has the highest median home price at $106,800.

Property Tax Assessment Values Across Galveston, Cass County, Indiana

Source: Ownwell

$34,200

$70,500

$106,800

Median Galveston Market Value

$106,800

Median Cass County Market Value

$79,600

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Galveston, Cass County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46932	$49,980	$79,300	$106,800	$146,400	$188,540

Source: Ownwell

Property Tax Bills Across Galveston, Cass County, Indiana

In Galveston, located in Cass County, Indiana, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. This value reflects the market value of the home, with the median home price in the area being $106,800. The tax rate is applied to this assessed value to determine the tax bill. Homeowners in Galveston pay property taxes that range from the 25th percentile bill of $620 to the 90th percentile bill of $2,064, with the median tax bill being $1,064. This is below the national median property tax bill of $2,400, offering some relief to local homeowners. However, these taxes can still be a significant expense, impacting household budgets. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By ensuring that properties are fairly assessed, Ownwell helps homeowners save money, ensuring they only pay what is necessary and not a penny more.

Property Tax Bills Across Galveston, Cass County, Indiana

Source: Ownwell

$264

$664

$1,064

Median Galveston Tax Bill

$1,064

Median Cass County Tax Bill

$871

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Galveston, Cass County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46932	$339	$620	$1,064	$1,505	$2,064

Source: Ownwell