Demotte, Newton County, Indiana Property Taxes
Median DeMotte, IN effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median DeMotte, IN home value: $171,100
Median annual DeMotte, IN tax bill: $1,407, $993 lower than the national median property tax bill of $2,400.
How are property taxes in Newton County calculated?
Property taxes in DeMotte, 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 DeMotte’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in DeMotte, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Demotte, Newton County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$1,420
$1,318
Property Tax Rates Across Demotte, Newton County, Indiana
Local government entities are responsible for setting tax rates, which can vary significantly within Indiana. This variation is due to each county annually estimating its required budget for services and dividing it by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and legislation are involved in setting these tax rates and budgets, this is essentially the annual process.
In DeMotte, located in Newton County, the effective property tax rate is 0.83%. This rate is notably lower than the national median property tax rate of 1.02%. Comparing DeMotte's rate to other cities in Indiana highlights its affordability in terms of property taxes. The median property tax rate in Indiana is 0.83%, aligning with DeMotte's rate, which reflects a consistent approach within the state. In contrast to the national median property tax bill of $2,400, Indiana's lower rates can result in significant savings for homeowners. This makes DeMotte an attractive option for those looking to benefit from lower property taxes while still enjoying the services funded by these taxes.
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 Demotte Tax Rate
0.83%
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 Newton County Tax Rate
0.94%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Demotte, Newton County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46310 | 0.47% | 0.67% | 0.83% | 1.00% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Demotte, Newton County, Indiana
When examining property taxes in DeMotte, 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 Newton 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 Newton 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 DeMotte. For example, the median home price in DeMotte is $171,100, with tax bills ranging significantly across the county. Zip code 46310 has the highest median home price at $171,100.
Property Tax Assessment Values Across Demotte, Newton County, Indiana
Source: Ownwell
$51,450
$148,925
$246,400
Median Demotte Market Value
$171,100
Median Newton County Market Value
$139,700
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Demotte, Newton County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46310 | $78,480 | $130,700 | $171,100 | $230,200 | $292,220 |
Source: Ownwell
Property Tax Bills Across Demotte, Newton County, Indiana
Median Demotte Tax Bill
$1,407
Median Newton County Tax Bill
$1,323
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Demotte, Newton County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46310 | $476 | $872 | $1,407 | $2,210 | $3,022 |
Source: Ownwell