Guilford, Dearborn County, Indiana Property Taxes

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

Median Guilford, IN effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but equal to the Indiana state median of 0.99%.
Median Guilford, IN home value: $205,700
Median annual Guilford, IN tax bill: $2,160, $240 lower than the national median property tax bill of $2,400.

How are property taxes in Dearborn calculated?

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

Last Updated March 1, 2025

Guilford, Dearborn County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$2,036

$1,890

Ownwell’s Guilford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Guilford with just two data points. By entering your property's estimated assessed value, our calculator applies Guilford’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 Guilford, Dearborn County, Indiana

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 Guilford’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 Guilford, 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 Guilford Tax Rate

0.99%

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 Guilford, Dearborn County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47022	0.75%	0.88%	0.99%	1.13%	1.77%

Source: Ownwell

Property Tax Assessment Values Across Guilford, Dearborn County, Indiana

When examining property taxes in Guilford, 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 Guilford.

For example, the median home price in Guilford is $205,700, with tax bills ranging significantly across the county. Zip code 47022 has the highest median home price at $205,700.

Property Tax Assessment Values Across Guilford, Dearborn County, Indiana

Source: Ownwell

$125,400

$165,550

$205,700

Median Guilford Market Value

$205,700

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 Guilford, Dearborn County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47022	$88,820	$142,900	$205,700	$275,200	$338,600

Source: Ownwell

Property Tax Bills Across Guilford, Dearborn County, Indiana

In Guilford, located in Dearborn County, Indiana, property tax bills are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value to determine the annual property tax bill. With a median home price of $205,700, homeowners in Guilford face a range of tax bills. For instance, the tax bill at the 25th percentile is $1,340, while it reaches $2,947 at the 75th percentile and $3,880 at the 90th percentile. Comparatively, the national median property tax bill is $2,400, indicating that some homeowners in Guilford may pay significantly more than the national average. This variation can impact household budgets, making it essential for homeowners to ensure their property is fairly assessed. Ownwell can assist by providing property tax appeal and exemption services, potentially reducing these tax bills. By leveraging expert knowledge and local data, Ownwell helps homeowners navigate the complexities of property tax assessments, ensuring they pay only their fair share.

Property Tax Bills Across Guilford, Dearborn County, Indiana

Source: Ownwell

$1,260

$1,805

$2,349

Median Guilford Tax Bill

$2,160

Median Dearborn County Tax Bill

$1,720

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Guilford, Dearborn County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47022	$748	$1,340	$2,160	$2,947	$3,880

Source: Ownwell