Alton, Howard County, Indiana Property Taxes

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

Median Alton, IN effective property tax rate: 1.49%, significantly higher than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Alton, IN home value: $7,700
Median annual Alton, IN tax bill: $115, $2,285 lower than the national median property tax bill of $2,400.

How are property taxes in Howard calculated?

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

Last Updated March 1, 2025

Alton, Howard County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.49%

Estimate Property Tax Bill

$115

$106

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

Property Tax Rates Across Alton, Howard County, Indiana

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.

In Alton, located in Crawford County, Indiana, the effective property tax rate is a key point of interest. When comparing Alton’s property tax rate to other cities in Indiana, it's important to note that Indiana’s median property tax rate stands at 0.85%, which is below the national median of 1.02%. However, Crawford County's rate is higher than the state median, reflecting the variability in tax rates across different counties. This comparison highlights the importance of understanding local tax rates, as they directly impact property owners' annual expenses. By examining these rates, property owners in Alton can gain insights into how their tax obligations measure up against state and national averages, enabling them to make informed financial decisions.

Property Tax Rates Across Alton, Howard County, Indiana

Source: Ownwell

0.70%

0.86%

1.02%

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 Alton Tax Rate

1.49%

Median Effective Howard County Tax Rate

1.00%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Alton, Howard County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47137	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Alton, Howard County, Indiana

When examining property taxes in Alton, 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 Howard 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 Howard 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 Alton. For example, the median home price in Alton is $7,700, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Alton, Howard County, Indiana

Source: Ownwell

$68,300

$120,800

$173,300

Median Alton Market Value

$7,700

Median Howard County Market Value

$120,500

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Alton, Howard County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47137	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Alton, Howard County, Indiana

In Alton, Indiana, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is a critical factor, as it represents the market value of the property, which in Alton is notably low with a median home price of just $7,700. Despite the low property values, the tax bills remain consistent across different percentiles, with the 25th, 75th, and 90th percentiles all at $115. This uniformity in tax bills suggests a stable tax rate environment, which can be an advantage for homeowners in budget planning. However, homeowners may still feel the pinch, especially when compared to the national median property tax bill of $2,400. This is where Ownwell can make a significant difference. By offering property tax appeal and exemption services, Ownwell helps homeowners ensure their property assessments are fair and accurate, potentially leading to reduced tax bills. This professional assistance can provide peace of mind and financial relief to homeowners in Alton.

Property Tax Bills Across Alton, Howard County, Indiana

Source: Ownwell

$437

$1,008

$1,579

Median Alton Tax Bill

$115

Median Howard County Tax Bill

$1,236

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Alton, Howard County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47137	N/A	N/A	N/A	N/A	N/A

Source: Ownwell