North Webster, Kosciusko County, Indiana Property Taxes
Median North Webster, 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 North Webster, IN home value: $185,700
Median annual North Webster, IN tax bill: $1,233, $1,167 lower than the national median property tax bill of $2,400.
How are property taxes in Kosciusko calculated?
Property taxes in North Webster, 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 Webster’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Webster, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
North Webster, Kosciusko County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.77%
Estimate Property Tax Bill
$1,430
$1,327
Property Tax Rates Across North Webster, Kosciusko County, Indiana
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 Webster Tax Rate
0.77%
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 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 Webster, Kosciusko County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46555 | 0.37% | 0.48% | 0.77% | 0.93% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across North Webster, Kosciusko County, Indiana
When examining property taxes in North Webster, 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 Assessor 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 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 North Webster. For example, the median home price in North Webster is $185,700, with tax bills ranging significantly across the county. Zip code 46555 has the highest median home price at $185,700.
Property Tax Assessment Values Across North Webster, Kosciusko County, Indiana
Source: Ownwell
$76,200
$210,000
$343,800
Median North Webster Market Value
$185,700
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 Webster, Kosciusko County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46555 | $68,620 | $121,600 | $185,700 | $292,150 | $412,840 |
Source: Ownwell
Property Tax Bills Across North Webster, Kosciusko County, Indiana
In North Webster, located in Kosciusko County, Indiana, property tax bills are calculated based on the assessed value of a home. The local government assesses properties to determine their value, and this assessment forms the basis for property tax calculations. Homeowners in North Webster typically face an annual property tax bill around $1,233, which is below the national median of $2,400. Factors influencing these tax bills include the assessed value of the property, local tax rates, and applicable exemptions. For instance, the 25th percentile tax bill is $652, while the 75th percentile reaches $2,197, highlighting the range of tax obligations homeowners might encounter.
Ownwell assists homeowners in North Webster by identifying potential savings on their property tax bills. Our services focus on appealing inaccurate assessments and securing applicable exemptions, ensuring homeowners pay only their fair share. By leveraging our expertise, homeowners can potentially lower their tax burden, freeing up resources for other financial priorities. Trust Ownwell to navigate the complexities of property tax systems and advocate for your financial well-being.
Median North Webster Tax Bill
$1,233
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 Webster, Kosciusko County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46555 | $348 | $652 | $1,233 | $2,197 | $3,496 |
Source: Ownwell