Nappanee, Kosciusko County, Indiana Property Taxes

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

Median Nappanee, IN effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Nappanee, IN home value: $306,200
Median annual Nappanee, IN tax bill: $2,308, $92 lower than the national median property tax bill of $2,400.

How are property taxes in Kosciusko calculated?

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

Last Updated March 1, 2025

Nappanee, Kosciusko County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$2,285

$2,121

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

Property Tax Rates Across Nappanee, Kosciusko County, Indiana

Local government entities set tax rates, which can vary widely within a state. This variance arises because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

Nappanee in Kosciusko County, Indiana, offers an intriguing case study. With an effective property tax rate of 0.77%, Nappanee aligns with the highest and lowest rates within the county. This rate is noticeably lower than the national median of 1.02%, providing a more cost-effective environment for property owners. Comparing this to the national property tax bill, property owners in Nappanee could potentially save significantly on their annual taxes.

Property owners in Nappanee benefit from a favorable tax environment, making it an attractive location for those looking to reduce their property tax burden while enjoying the services and amenities provided by the local government.

Property Tax Rates Across Nappanee, Kosciusko County, Indiana

Source: Ownwell

0.51%

0.76%

1.01%

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 Nappanee Tax Rate

0.71%

Median Effective Kosciusko County Tax Rate

0.86%

Median Effective Indiana Tax Rate

1.01%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Nappanee, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46550	0.59%	0.64%	0.71%	0.84%	1.14%

Source: Ownwell

Property Tax Assessment Values Across Nappanee, Kosciusko County, Indiana

When examining property taxes in Nappanee, 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 Kosciusko 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 Kosciusko 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 Nappanee. For example, the median home price in Nappanee is $306,200, with tax bills ranging significantly across the county. Zip code 46550 has the highest median home price at $306,200.

Property Tax Assessment Values Across Nappanee, Kosciusko County, Indiana

Source: Ownwell

$77,200

$241,975

$406,750

Median Nappanee Market Value

$321,900

Median Kosciusko County Market Value

$208,500

Median Indiana Market Value

$186,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Nappanee, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46550	$171,900	$231,100	$321,900	$448,750	$587,200

Source: Ownwell

Property Tax Bills Across Nappanee, Kosciusko County, Indiana

In Nappanee, located in Kosciusko County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The tax rate is applied to this assessed value to determine the annual property tax bill. Homeowners in Nappanee experience a median property tax bill of $2,308, which is slightly below the national median of $2,400. The tax bill can vary significantly, with the 25th percentile paying around $1,560 and the 75th percentile facing approximately $3,487 annually. These variations are influenced by factors such as property location, size, and market conditions. For homeowners, these taxes represent a significant expense, impacting monthly budgets and long-term financial planning. Ownwell can assist homeowners in Nappanee by providing expert property tax appeal and exemption services. By reviewing assessments and ensuring they are accurate, Ownwell helps clients potentially reduce their tax obligations, leading to substantial savings and financial relief for homeowners.

Property Tax Bills Across Nappanee, Kosciusko County, Indiana

Source: Ownwell

$446

$1,898

$3,350

Median Nappanee Tax Bill

$2,400

Median Kosciusko County Tax Bill

$1,725

Median Indiana Tax Bill

$1,964

Median United States Tax Bill

$2,400

Property Tax Bills Across Nappanee, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46550	$1,189	$1,641	$2,400	$3,496	$4,933

Source: Ownwell