Aurora, Dearborn County, Indiana Property Taxes

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

Median Aurora, IN effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but higher than the Indiana state median of 0.99%.
Median Aurora, IN home value: $136,500
Median annual Aurora, IN tax bill: $1,419, $981 lower than the national median property tax bill of $2,400.

How are property taxes in Dearborn County calculated?

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

Last Updated March 1, 2025

Aurora, Dearborn County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$1,365

$1,267

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

Property Tax Rates Across Aurora, Dearborn County, Indiana

Local government entities are responsible for setting tax rates, which can vary significantly within Indiana. Each year, counties like Dearborn estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This process results in the effective property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the annual process.

In Aurora, located in Dearborn County, the effective property tax rate is 1.00%. This rate aligns with the median property tax rate for Indiana, which is also 1.00%. When compared to the national median property tax rate of 1.02%, Aurora's rate is slightly lower. This can be beneficial for homeowners in Aurora, as it suggests a potentially lower tax burden compared to the national average. However, it's important to consider that property tax rates can fluctuate based on local government budgetary needs and property value assessments. This makes it essential for property owners to stay informed about changes that could impact their property tax bills.

Property Tax Rates Across Aurora, Dearborn County, Indiana

Source: Ownwell

0.90%

0.99%

1.07%

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 Aurora Tax Rate

1.00%

Median Effective Dearborn County Tax Rate

0.95%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Aurora, Dearborn County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47001	0.69%	0.87%	1.00%	1.47%	2.04%

Source: Ownwell

Property Tax Assessment Values Across Aurora, Dearborn County, Indiana

When examining property taxes in Aurora, 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 Dearborn 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 Dearborn 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. 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 Aurora. For example, the median home price in Aurora is $136,500, with tax bills ranging significantly across the county. Zip code 47001 has the highest median home price at $136,500.

Property Tax Assessment Values Across Aurora, Dearborn County, Indiana

Source: Ownwell

$125,400

$165,550

$205,700

Median Aurora Market Value

$136,500

Median Dearborn County Market Value

$174,000

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Aurora, Dearborn County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47001	$58,020	$91,300	$136,500	$182,900	$240,440

Source: Ownwell

Property Tax Bills Across Aurora, Dearborn County, Indiana

Property tax bills in Aurora, located in Dearborn County, Indiana, are determined based on the assessed value of a property. This assessed value is a percentage of the market value, and local tax rates are applied to calculate the final tax bill. In Aurora, the median property tax bill is $1,419, which is below the national median of $2,400. This lower tax bill can be attributed to the area's median home price of $136,500 and the local tax rates. However, even with these relatively low rates, homeowners can still benefit from ensuring their property is accurately assessed. Factors such as property size, location, and improvements can impact the assessed value. Ownwell offers services to help homeowners save on their property tax bills by reviewing assessments for errors and filing appeals if necessary. By ensuring accurate assessments and exploring potential exemptions, Ownwell helps homeowners in Aurora reduce their property tax burden and achieve significant savings.

Property Tax Bills Across Aurora, Dearborn County, Indiana

Source: Ownwell

$1,260

$1,805

$2,349

Median Aurora Tax Bill

$1,419

Median Dearborn County Tax Bill

$1,720

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Aurora, Dearborn County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47001	$524	$920	$1,419	$2,104	$3,070

Source: Ownwell