Poland, Owen County, Indiana Property Taxes

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

Median Poland, IN effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Poland, IN home value: $95,900
Median annual Poland, IN tax bill: $950, $1,450 lower than the national median property tax bill of $2,400.

How are property taxes in Owen County calculated?

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

Last Updated March 1, 2025

Poland, Owen County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.03%

Estimate Property Tax Bill

$988

$917

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

Property Tax Rates Across Poland, Owen County, Indiana

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Votes and laws are involved in setting tax rates and budgets, but this is the annual process in a nutshell.

In Poland, located in Owen County, Indiana, the effective property tax rate is a reflection of this process. Compared to other cities in Indiana, Poland's rate is on par with the state's median property tax rate of 1.03%. This figure stands slightly above the national median property tax rate of 1.02%. When considering the tax burden, it's important to note that the national median property tax bill is $2,400. Understanding these rates helps property owners in Poland and Owen County make informed decisions about their property taxes.

Property Tax Rates Across Poland, Owen County, Indiana

Source: Ownwell

0.71%

0.97%

1.23%

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 Poland Tax Rate

1.03%

Median Effective Owen County Tax Rate

0.80%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Poland, Owen County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47868	0.48%	0.71%	1.03%	1.67%	2.19%

Source: Ownwell

Property Tax Assessment Values Across Poland, Owen County, Indiana

When examining property taxes in Poland, 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 Owen 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 Owen 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 Poland.

For example, the median home price in Poland is $95,900, with tax bills ranging significantly across the county. Zip code 47868 has the highest median home price at $95,900.

Property Tax Assessment Values Across Poland, Owen County, Indiana

Source: Ownwell

$54,800

$123,200

$191,600

Median Poland Market Value

$95,900

Median Owen County Market Value

$135,000

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Poland, Owen County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47868	$20,300	$45,500	$95,900	$160,500	$233,280

Source: Ownwell

Property Tax Bills Across Poland, Owen County, Indiana

In Poland, Owen County, Indiana, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $95,900, significantly lower than the national average. The property tax rate is applied to the assessed value, resulting in a tax bill that can vary widely. For instance, the 25th percentile tax bill is $485, while the 75th percentile reaches $1,645, and the 90th percentile can be as high as $2,566. This variability affects homeowners differently, depending on their property's assessed value. The median tax bill for the area is $950, which is below the national median of $2,400. This discrepancy highlights the potential for savings through accurate assessments and appeals. Ownwell offers services to help homeowners in Poland, Indiana, potentially reduce their property tax bills. By analyzing assessments and identifying discrepancies, Ownwell can assist in filing appeals, ensuring homeowners are not overpaying and can enjoy greater financial peace of mind.

Property Tax Bills Across Poland, Owen County, Indiana

Source: Ownwell

$393

$1,027

$1,660

Median Poland Tax Bill

$950

Median Owen County Tax Bill

$1,105

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Poland, Owen County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47868	$244	$485	$950	$1,645	$2,566

Source: Ownwell