Goshen, Lagrange County, Indiana Property Taxes
Median Goshen, IN effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Goshen, IN home value: $357,150
Median annual Goshen, IN tax bill: $2,138, $262 lower than the national median property tax bill of $2,400.
How are property taxes in LaGrange calculated?
Property taxes in Goshen, 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 Goshen’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Goshen, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Goshen, Lagrange County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$1,929
$1,790
Property Tax Rates Across Goshen, Lagrange County, Indiana
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Goshen’s effective property tax rate to other cities in Indiana and the median property tax rates in Indiana and the U.S. Goshen, located in LaGrange County, has a median property tax rate of 0.54%. This is significantly lower than the national median property tax rate of 1.02%. Within the state, Goshen's rate is also competitive, offering a more affordable option for property owners. The highest and lowest median tax rates in the area are both 0.51%, indicating a relatively consistent tax environment. This stability can be appealing to homeowners and investors looking for predictability in their property expenses. Comparing these rates provides valuable insight into the affordability of living or investing in Goshen compared to other regions.
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 Goshen Tax Rate
0.54%
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 Lagrange County Tax Rate
0.63%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Goshen, Lagrange County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46528 | 0.48% | 0.50% | 0.51% | 0.62% | 0.72% |
| 46526 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Goshen, Lagrange County, Indiana
When examining property taxes in Goshen, 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 LaGrange 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 LaGrange 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 Goshen. For example, the median home price in Goshen is $357,150, with tax bills ranging significantly across the county. Zip code 46528 has the highest median home price at $357,200.
Property Tax Assessment Values Across Goshen, Lagrange County, Indiana
Source: Ownwell
$100,300
$261,850
$423,400
Median Goshen Market Value
$357,150
Median Lagrange County Market Value
$195,100
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Goshen, Lagrange County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46528 | $272,340 | $320,600 | $357,200 | $464,600 | $714,480 |
| 46526 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Goshen, Lagrange County, Indiana
Median Goshen Tax Bill
$2,138
Median Lagrange County Tax Bill
$1,119
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Goshen, Lagrange County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46528 | $1,440 | $1,684 | $2,193 | $2,801 | $4,439 |
| 46526 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell