French Lick, Orange County, Indiana Property Taxes

Name: Property Tax Bills Across French Lick, Orange County, Indiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median French Lick, IN effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median French Lick, IN home value: $108,100
Median annual French Lick, IN tax bill: $840, $1,560 lower than the national median property tax bill of $2,400.

How are property taxes in Orange County calculated?

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

Last Updated March 1, 2025

French Lick, Orange County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$811

$752

Ownwell’s French Lick Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in French Lick with just two data points. By entering your property's estimated assessed value, our calculator applies French Lick’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 Orange County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across French Lick, Orange County, Indiana

Local government entities set tax rates, which can vary widely within a state. This variation arises because each county annually 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. In French Lick, Orange County, Indiana, the effective property tax rate stands at 0.75%. This rate is notably lower than the national median property tax rate of 1.02%. Indiana's property tax rates are generally more favorable compared to many other states, offering residents a financial advantage. The median property tax bill in Indiana is also lower than the national median, providing further relief to homeowners. Comparing French Lick’s rate to other cities in Indiana and the median property tax rates in the U.S. highlights the benefits of residing in a region with lower property taxes. This can be an appealing factor for prospective homeowners looking to settle in a community with a reasonable tax burden.

Property Tax Rates Across French Lick, Orange County, Indiana

Source: Ownwell

0.69%

1.02%

1.35%

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 French Lick Tax Rate

0.75%

Median Effective Orange County Tax Rate

0.80%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across French Lick, Orange County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47432	0.36%	0.56%	0.75%	1.37%	1.88%

Source: Ownwell

Property Tax Assessment Values Across French Lick, Orange County, Indiana

When examining property taxes in French Lick, 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 Orange 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 Orange 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 French Lick. For example, the median home price in French Lick is $108,100, with tax bills ranging significantly across the county. Zip code 47432 has the highest median home price at $108,100.

Property Tax Assessment Values Across French Lick, Orange County, Indiana

Source: Ownwell

$75,900

$107,350

$138,800

Median French Lick Market Value

$108,100

Median Orange County Market Value

$102,300

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across French Lick, Orange County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47432	$21,500	$60,225	$108,100	$164,325	$231,840

Source: Ownwell

Property Tax Bills Across French Lick, Orange County, Indiana

In French Lick, property tax bills are determined by assessing the property's value, which is then multiplied by the local tax rate. The median home price in this area is $108,100, which influences the overall tax bill. Homeowners in French Lick can expect a tax bill ranging from $392 at the 25th percentile to $2,259 at the 90th percentile. The median tax bill is notably $840, which is below the national median of $2,400. This suggests that the property tax rate in French Lick is relatively low compared to the national median rate of 1.02%. However, even with lower property tax rates, the financial burden can still be significant for homeowners. Ownwell can assist by providing property tax appeal and exemption services, potentially reducing the tax burden. By analyzing property assessments and ensuring they reflect true market value, Ownwell helps homeowners in French Lick save on their property tax bills, making homeownership more affordable.

Property Tax Bills Across French Lick, Orange County, Indiana

Source: Ownwell

$561

$855

$1,148

Median French Lick Tax Bill

$840

Median Orange County Tax Bill

$783

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across French Lick, Orange County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47432	$165	$392	$840	$1,507	$2,259

Source: Ownwell