North Manchester, Kosciusko County, Indiana Property Taxes

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

Median North Manchester, IN effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median North Manchester, IN home value: $208,500
Median annual North Manchester, IN tax bill: $1,490, $910 lower than the national median property tax bill of $2,400.

How are property taxes in Kosciusko calculated?

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

Last Updated March 1, 2025

North Manchester, Kosciusko County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$1,501

$1,393

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

Local government entities determine tax rates, leading to significant variations within Indiana. Each year, counties assess their budgetary needs for essential services and divide this by the total assessed value of all taxable properties in their jurisdiction, resulting in the property tax rate. Although setting tax rates involves votes and legislation, this process is essentially how it unfolds annually. In North Manchester, Kosciusko County, the effective property tax rate is 0.72%, which aligns with the county's highest and lowest median tax rates. This rate is notably lower than Indiana's median property tax rate and the national median property tax rate of 1.02%. For homeowners in North Manchester, this means a more favorable property tax environment compared to many other parts of the country. Comparing North Manchester's property tax rate to the national median property tax rate highlights its relative affordability, providing residents with a financial advantage. Understanding these differences can help property owners make informed decisions about their investments and potential tax savings.

Property Tax Rates Across North Manchester, Kosciusko County, Indiana

Source: Ownwell

0.50%

0.75%

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 North Manchester Tax Rate

0.72%

Median Effective Kosciusko County Tax Rate

0.79%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across North Manchester, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46962	0.54%	0.64%	0.72%	0.85%	1.26%

Source: Ownwell

Property Tax Assessment Values Across North Manchester, Kosciusko County, Indiana

When examining property taxes in North Manchester, 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 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 North Manchester. For example, the median home price in North Manchester is $208,500, with tax bills ranging significantly across the county. Zip code 46962 has the highest median home price at $208,500.

Property Tax Assessment Values Across North Manchester, Kosciusko County, Indiana

Source: Ownwell

$76,200

$210,000

$343,800

Median North Manchester Market Value

$208,500

Median Kosciusko County Market Value

$191,600

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across North Manchester, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46962	$109,300	$157,425	$208,500	$283,225	$357,530

Source: Ownwell

Property Tax Bills Across North Manchester, Kosciusko County, Indiana

In North Manchester, located in Kosciusko County, Indiana, property tax bills are calculated based on the assessed value of a home. The median home price here is $208,500. The property tax rate in Indiana is generally lower than the national median of 1.02%, which can lead to savings for homeowners. Tax bills in this area range from the 25th percentile at $1,004 to the 75th percentile at $2,080, with the 90th percentile reaching $3,216. The highest and lowest median tax bills in the 46962 zip code are both $1,490, indicating a relatively consistent tax burden across the area. Homeowners in North Manchester can benefit from appealing their property tax assessments to ensure they are not overpaying. Ownwell offers services to help homeowners reduce their property tax bills by identifying potential errors in assessments and filing appeals on their behalf. This can result in significant savings, providing financial relief and peace of mind to homeowners.

Property Tax Bills Across North Manchester, Kosciusko County, Indiana

Source: Ownwell

$445

$1,756

$3,066

Median North Manchester Tax Bill

$1,490

Median Kosciusko County Tax Bill

$1,442

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across North Manchester, Kosciusko County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46962	$698	$1,004	$1,490	$2,080	$3,216

Source: Ownwell