Hancock County, Indiana Property Taxes
Property Taxes in Hancock County, Indiana
Median Hancock County effective property tax rate: 0.95%, significantly lower than the national median of 1.02%.
Median Hancock County home value: $271,600
Median annual Hancock County tax bill: $2,689, higher than the national median property tax bill of $2,400.
How are property taxes in Hancock County calculated?
Property taxes in Hancock County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Hancock County or another part of Hancock County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hancock County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$2,580
$2,394
How Does the Hancock County Property Tax Calculator Work?
Use this Hancock County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hancock County's median effective tax rate of 0.95% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessor assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone. Hancock County’s median effective tax rate is lower than the Indiana median tax rate of 1.01% and below the national median property tax rate of 1.02%.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Hancock County’s median property tax bill is $2,689, compared with the $2,400 national median property tax bill and $289 higher than the state median.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Hancock County.
Property Tax Rates Across Hancock County, Indiana
What Are Effective Property Tax Rates Across Hancock County?
Local government entities set tax rates, which vary widely across Hancock County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Hancock County's effective property tax rate to other counties in Indiana or the U.S. median of 1.02%.
Hancock County's median effective rate stands at 0.95%, which is lower than the national median of 1.02%. Within Hancock County, the highest rate is found in McCordsville at 1.08%, while Fountaintown has the lowest at 0.62%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Hancock County Tax Rate
0.95%
Our median effective property tax rate (tax bill Ă· 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 Indiana Tax Rate
1.01%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hancock County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | 0.45% | 0.61% | 0.70% | 0.77% | 0.90% |
| Charlottesville | 0.41% | 0.51% | 0.63% | 0.74% | 1.33% |
| Fortville | 0.83% | 1.06% | 1.07% | 1.08% | 2.14% |
| Fountaintown | 0.50% | 0.56% | 0.62% | 0.67% | 1.31% |
| Greenfield | 0.62% | 0.75% | 0.91% | 1.02% | 2.00% |
| Indianapolis | 1.00% | 1.00% | 1.07% | 1.07% | 1.54% |
| Markleville | 0.58% | 0.63% | 0.70% | 0.79% | 1.31% |
| Maxwell | 0.37% | 0.49% | 0.62% | 1.52% | 1.53% |
| Mccordsville | 0.98% | 1.07% | 1.08% | 1.08% | 2.11% |
| Morristown | 0.52% | 0.62% | 0.69% | 0.74% | 0.94% |
| New Palestine | 0.77% | 0.82% | 0.87% | 1.00% | 1.04% |
| Pendleton | 0.48% | 0.57% | 0.63% | 0.70% | 1.30% |
| Shirley | 0.57% | 0.70% | 1.00% | 1.02% | 2.04% |
| Wilkinson | 0.48% | 0.59% | 0.68% | 0.87% | 1.34% |
| Finly | N/A | N/A | N/A | N/A | N/A |
| Knightstown | N/A | N/A | N/A | N/A | N/A |
| Willow Branch | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Hancock County, Indiana
When examining property taxes in Hancock County, 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 Hancock County assessment 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.
Assessment notices:
In Hancock 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 Hancock County.
For example, the median tax bill in Hancock County is $2,689, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, from $910 in Maxwell to $3,736 in McCordsville. Carthage has the highest median home price at $340,200.
Property Tax Assessment Values Across Hancock County, Indiana
Source: Ownwell
$121,300
$232,700
$344,100
Median Hancock County Market Value
$271,600
Median Indiana Market Value
$186,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hancock County, Indiana
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | $180,760 | $224,000 | $340,200 | $451,000 | $515,260 |
| Charlottesville | $74,000 | $111,950 | $187,200 | $312,250 | $459,900 |
| Fortville | $134,020 | $177,825 | $248,600 | $316,375 | $391,360 |
| Fountaintown | $131,200 | $183,400 | $249,300 | $327,900 | $426,300 |
| Greenfield | $139,000 | $191,300 | $245,400 | $309,400 | $406,000 |
| Indianapolis | $187,480 | $233,250 | $274,800 | $324,250 | $410,640 |
| Markleville | $189,900 | $246,500 | $322,000 | $422,500 | $601,620 |
| Maxwell | $42,800 | $97,400 | $121,300 | $148,100 | $196,000 |
| Mccordsville | $222,200 | $271,200 | $327,400 | $405,600 | $475,700 |
| Morristown | $157,820 | $187,850 | $270,500 | $354,100 | $411,160 |
| New Palestine | $210,000 | $266,900 | $333,700 | $400,600 | $478,500 |
| Pendleton | $161,600 | $207,800 | $262,200 | $330,000 | $469,400 |
| Shirley | $69,490 | $97,350 | $127,050 | $182,225 | $293,660 |
| Wilkinson | $84,620 | $125,325 | $199,550 | $295,275 | $406,770 |
| Finly | N/A | N/A | N/A | N/A | N/A |
| Knightstown | N/A | N/A | N/A | N/A | N/A |
| Willow Branch | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Hancock County, Indiana
Property tax bills in Hancock County are based on the assessed value of a home, not its market listing price. Local taxing authorities apply the county’s tax rates to that assessed value to determine the annual bill, so homes with higher assessed values generally owe more. Factors such as location, local levy rates, and the value assigned to the property all play a role in the final amount.
For a home with a median value of $271,600, the tax bill can vary widely depending on where the property is located within the county. The 25th percentile tax bill is $1,846, while the 75th percentile is $3,669, showing how different assessments and local rates can affect homeowners. At the high end, the 90th percentile reaches $4,832. For many homeowners, this means property taxes can be one of the largest recurring housing costs, making it important to understand how the bill is calculated.
Median Hancock County Tax Bill
$2,689
Median Indiana Tax Bill
$1,964
Median United States Tax Bill
$2,400
Property Tax Bills Across Hancock County, Indiana
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | $624 | $1,369 | $2,657 | $3,634 | $4,326 |
| Charlottesville | $356 | $602 | $1,265 | $2,122 | $3,419 |
| Fortville | $1,463 | $1,967 | $2,745 | $3,620 | $4,583 |
| Fountaintown | $688 | $1,146 | $1,616 | $2,355 | $3,193 |
| Greenfield | $1,079 | $1,621 | $2,307 | $3,179 | $4,442 |
| Indianapolis | $1,865 | $2,546 | $3,008 | $3,718 | $4,917 |
| Markleville | $1,253 | $1,771 | $2,467 | $3,902 | $5,235 |
| Maxwell | $263 | $529 | $910 | $1,621 | $1,984 |
| Mccordsville | $2,327 | $3,014 | $3,736 | $4,729 | $5,655 |
| Morristown | $781 | $1,268 | $1,961 | $2,611 | $3,310 |
| New Palestine | $1,699 | $2,312 | $3,094 | $3,793 | $4,790 |
| Pendleton | $703 | $1,200 | $1,706 | $2,457 | $4,245 |
| Shirley | $530 | $876 | $1,288 | $1,780 | $2,679 |
| Wilkinson | $510 | $899 | $1,440 | $2,194 | $3,281 |
| Finly | N/A | N/A | N/A | N/A | N/A |
| Knightstown | N/A | N/A | N/A | N/A | N/A |
| Willow Branch | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 15 |
Links | |
|---|---|
| Hancock Tax Assessor | |
| Website | beacon.schneidercorp.com |