Sellersburg, Floyd County, Indiana Property Taxes

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

Median Sellersburg, IN effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Sellersburg, IN home value: $314,700
Median annual Sellersburg, IN tax bill: $2,437, $37 higher than the national median property tax bill of $2,400.

How are property taxes in Floyd County calculated?

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

Last Updated March 1, 2025

Sellersburg, Floyd County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$2,392

$2,219

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

Property Tax Rates Across Sellersburg, Floyd County, Indiana

Local government entities in Indiana set tax rates, which can vary widely within the state. Each county estimates its required budget annually to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell. Sellersburg in Floyd County has an effective property tax rate of 0.76%, which is below the national median of 1.02%. This makes property ownership in Sellersburg more affordable compared to many other regions in the country. Indiana's median property tax rate is also below the national median, reflecting a generally lower tax burden for property owners in the state. Comparing Sellersburg’s effective property tax rate to other cities in Indiana and the U.S. highlights its affordability, making it an attractive location for homeowners seeking lower property taxes.

Property Tax Rates Across Sellersburg, Floyd County, Indiana

Source: Ownwell

0.71%

0.85%

0.98%

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 Sellersburg Tax Rate

0.76%

Median Effective Floyd County Tax Rate

0.86%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sellersburg, Floyd County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47172	0.61%	0.72%	0.76%	0.81%	0.96%

Source: Ownwell

Property Tax Assessment Values Across Sellersburg, Floyd County, Indiana

When examining property taxes in Sellersburg, 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 Floyd 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. Assessment notices: In Floyd 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 Sellersburg. For example, the median home price in Sellersburg is $314,700, with tax bills ranging significantly across the county. Zip code 47172 has the highest median home price at $314,700.

Property Tax Assessment Values Across Sellersburg, Floyd County, Indiana

Source: Ownwell

$147,800

$231,250

$314,700

Median Sellersburg Market Value

$314,700

Median Floyd County Market Value

$183,400

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sellersburg, Floyd County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47172	$169,320	$233,400	$314,700	$418,750	$496,980

Source: Ownwell

Property Tax Bills Across Sellersburg, Floyd County, Indiana

In Sellersburg, located in Floyd County, Indiana, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in Sellersburg is $314,700, which serves as a baseline for calculating property taxes. Homeowners in this area face a median property tax bill of $2,437, aligning closely with the national median tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill.

For homeowners, these taxes can be a significant financial consideration. With tax bills ranging from $1,683 at the 25th percentile to $4,090 at the 90th percentile, understanding potential savings is crucial. Ownwell assists homeowners by offering services that appeal and potentially lower their property tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners only pay their fair share, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Sellersburg, Floyd County, Indiana

Source: Ownwell

$1,411

$1,991

$2,571

Median Sellersburg Tax Bill

$2,437

Median Floyd County Tax Bill

$1,788

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Sellersburg, Floyd County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47172	$1,001	$1,683	$2,437	$3,358	$4,090

Source: Ownwell