Aurora, Ohio County, Indiana Property Taxes
Median Aurora, 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 Aurora, IN home value: $187,050. Median annual Aurora, IN tax bill: $1,446, $954 lower than the national median property tax bill of $2,400.
How are property taxes in Ohio County calculated?
Property taxes in Aurora, 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 Aurora’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Aurora, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Aurora, Ohio County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$1,347
$1,250
Property Tax Rates Across Aurora, Ohio 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 Aurora Tax Rate
0.72%
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 Ohio County Tax Rate
0.73%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Aurora, Ohio County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47001 | 0.51% | 0.64% | 0.72% | 1.05% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Aurora, Ohio County, Indiana
When examining property taxes in Aurora, 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 Ohio 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 Ohio 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 Aurora. For example, the median home price in Aurora is $187,050, with tax bills ranging significantly across the county. Zip code 47001 has the highest median home price at $187,050.
Property Tax Assessment Values Across Aurora, Ohio County, Indiana
Source: Ownwell
$152,500
$170,050
$187,600
Median Aurora Market Value
$187,050
Median Ohio County Market Value
$161,350
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Aurora, Ohio County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47001 | $39,060 | $122,400 | $187,050 | $254,975 | $318,350 |
Source: Ownwell
Property Tax Bills Across Aurora, Ohio County, Indiana
In Aurora, Indiana, property tax bills are determined by assessing the market value of a property and applying the local tax rate. The median home price in Aurora is $187,050, which influences the overall tax bill. Homeowners in Aurora typically face property tax bills ranging from $840 at the 25th percentile to $2,671 at the 90th percentile. The median tax bill in the area is $1,446, which is below the national median of $2,400, making it relatively affordable compared to other regions. However, the property tax rate can still impact homeowners significantly, especially those at the higher end of the tax bracket.
Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value, Ownwell identifies opportunities to reduce your tax burden, ensuring you pay only your fair share. With their in-depth knowledge and experience, Ownwell can help you navigate the complexities of the property tax system, potentially saving you hundreds or even thousands of dollars on your annual tax bill.
Median Aurora Tax Bill
$1,446
Median Ohio County Tax Bill
$1,342
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Aurora, Ohio County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 47001 | $373 | $840 | $1,446 | $1,936 | $2,671 |
Source: Ownwell