Plainville, Daviess County, Indiana Property Taxes
Median PLAINVILLE, IN effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median PLAINVILLE, IN home value: $81,250
Median annual PLAINVILLE, IN tax bill: $786, $1,614 lower than the national median property tax bill of $2,400.
How are property taxes in Daviess calculated?
Property taxes in PLAINVILLE, 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 PLAINVILLE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PLAINVILLE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Plainville, Daviess County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$618
$574
Property Tax Rates Across Plainville, Daviess County, Indiana
Local government entities are responsible for setting tax rates, which can vary significantly within Indiana. Annually, each county estimates its required budget to provide essential 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.
In PLAINVILLE, nestled in Daviess County, homeowners experience an effective property tax rate of 0.91%. This rate aligns with both the highest and lowest median tax rates in Indiana, making it consistent across the board. When compared to the national median property tax rate of 1.02%, PLAINVILLE's rate is more favorable, potentially offering residents a lighter tax burden. Additionally, the median property tax bill in the U.S. stands at $2400, providing a benchmark for comparison.
By understanding these rates, residents can gain insight into their property tax obligations and explore potential savings through appeals and exemptions.
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 Plainville Tax Rate
0.70%
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 Daviess County Tax Rate
0.82%
Median Effective Indiana Tax Rate
1.01%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Plainville, Daviess County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47568 | 0.39% | 0.48% | 0.70% | 1.45% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Plainville, Daviess County, Indiana
When examining property taxes in PLAINVILLE, IN, 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 Daviess 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 Daviess 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 PLAINVILLE. For example, the median home price in PLAINVILLE is $81,250, with tax bills ranging significantly across the county. ZIP code 47568 has the highest median home price at $81,250.
Property Tax Assessment Values Across Plainville, Daviess County, Indiana
Source: Ownwell
$79,100
$167,500
$255,900
Median Plainville Market Value
$88,300
Median Daviess County Market Value
$148,700
Median Indiana Market Value
$186,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Plainville, Daviess County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47568 | $18,820 | $53,600 | $88,300 | $152,600 | $226,780 |
Source: Ownwell
Property Tax Bills Across Plainville, Daviess County, Indiana
In PLAINVILLE, property tax bills are determined by assessing the market value of a home, which is then multiplied by the local tax rate. Homeowners in Daviess County face a median property tax bill of $786, significantly lower than the national median of $2,400. However, even within this region, tax bills can vary widely, with amounts ranging from $348 at the 25th percentile to $2,287 at the 90th percentile. This variability can be attributed to differences in property values and assessment practices. High property taxes can pose a burden on homeowners, impacting their financial stability and overall cost of living.
Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially reduce their tax liabilities, ensuring they only pay their fair share. This can result in substantial savings, making homeownership more affordable and less stressful. With Ownwell's assistance, homeowners in PLAINVILLE can navigate the complexities of property taxes with confidence and ease.
Median Plainville Tax Bill
$704
Median Daviess County Tax Bill
$1,366
Median Indiana Tax Bill
$1,964
Median United States Tax Bill
$2,400
Property Tax Bills Across Plainville, Daviess County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47568 | $138 | $279 | $704 | $1,370 | $2,067 |
Source: Ownwell