Greendale, Dearborn County, Indiana Property Taxes
Median Greendale, IN effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Greendale, IN home value: $165,700
Median annual Greendale, IN tax bill: $1,717, $683 lower than the national median property tax bill of $2,400.
How are property taxes in Dearborn calculated?
Property taxes in Greendale, 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 Greendale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greendale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Greendale, Dearborn County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$1,607
$1,492
Property Tax Rates Across Greendale, Dearborn County, Indiana
Local government entities determine tax rates, leading to significant variations within a state. This is because each county estimates its budgetary needs for services and divides this by the total assessed value of all taxable property within its borders. This calculation results in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Greendale, located in Dearborn County, Indiana, the effective property tax rate reflects these local calculations. Indiana's median property tax rate stands at 0.97%, slightly below the national median of 1.02%. This means that property owners in Greendale might enjoy lower property tax rates compared to the national average. However, it's important to note that the highest and lowest median tax rates in Indiana are also 0.97%, indicating uniformity in tax rates across the state. This consistency can offer predictability for property owners in Indiana, providing a stable environment for managing property tax expenses. Comparing Greendale's tax rate to both state and national figures can help property owners better understand their property tax obligations and plan accordingly.
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 Greendale Tax Rate
0.97%
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 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 Greendale, Dearborn County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47025 | 0.92% | 0.94% | 0.97% | 1.04% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Greendale, Dearborn County, Indiana
When examining property taxes in Greendale, 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 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 Dearborn 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 Greendale. For example, the median home price in Greendale is $165,700, with tax bills ranging significantly across the county. Zip code 47025 has the highest median home price at $165,700.
Property Tax Assessment Values Across Greendale, Dearborn County, Indiana
Source: Ownwell
$125,400
$165,550
$205,700
Median Greendale Market Value
$165,700
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 Greendale, Dearborn County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47025 | $108,160 | $138,400 | $165,700 | $206,300 | $268,080 |
Source: Ownwell
Property Tax Bills Across Greendale, Dearborn County, Indiana
In Greendale, property tax bills are calculated based on the assessed value of a home, which is determined by the Dearborn County Assessor's office. The median home price in Greendale is $165,700, with property tax bills ranging from the 25th percentile at $1,403 to the 90th percentile at $3,291. The median property tax bill in the area is $1,717, which is below the national median of $2,400, making it relatively affordable compared to other regions. However, it is important for homeowners to understand that property tax rates can vary significantly based on the assessed value of their home and any applicable exemptions or deductions.
Ownwell can assist homeowners in Greendale by reviewing their property tax assessments to identify potential inaccuracies or opportunities for exemptions. By appealing assessments or securing applicable exemptions, Ownwell can help reduce property tax bills, ensuring homeowners only pay their fair share. This service not only provides financial relief but also peace of mind, knowing that experts are handling the complexities of property tax appeals and exemptions.
Median Greendale Tax Bill
$1,717
Median Dearborn County Tax Bill
$1,720
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Greendale, Dearborn County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47025 | $1,076 | $1,403 | $1,717 | $2,344 | $3,291 |
Source: Ownwell
