Tell City, Perry County, Indiana Property Taxes

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

Median Tell City, IN effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Tell City, IN home value: $107,450
Median annual Tell City, IN tax bill: $1,023, $1,377 lower than the national median property tax bill of $2,400.

How are property taxes in Perry County calculated?

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

Last Updated March 1, 2025

Tell City, Perry County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$967

$897

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

Property Tax Rates Across Tell City, Perry County, Indiana

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Tell City, located in Perry County, Indiana, the effective property tax rate is 0.90%, which aligns with the highest and lowest median tax rates in the area. This rate is slightly below the national median property tax rate of 1.02%. Homeowners in Tell City benefit from a lower property tax rate compared to the national average, which can ease the financial burden of homeownership.

When comparing Tell City's property tax rate to other cities in Indiana, it remains competitive. The state's median property tax rate mirrors Tell City's rate, offering consistency across the region. This stability in property tax rates can be appealing to potential homeowners looking for predictability in their annual expenses. In conclusion, Tell City's property tax rate provides an advantageous position for residents, offering a balance between necessary local government funding and manageable homeowner costs.

Property Tax Rates Across Tell City, Perry County, Indiana

Source: Ownwell

0.90%

1.43%

1.96%

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 Tell City Tax Rate

0.90%

Median Effective Perry County Tax Rate

0.94%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tell City, Perry County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47586	0.39%	0.66%	0.90%	1.18%	1.90%

Source: Ownwell

Property Tax Assessment Values Across Tell City, Perry County, Indiana

When examining property taxes in Tell City, IN, 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 Perry 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 Perry 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 Tell City. For example, the median home price in Tell City is $107,450, with tax bills ranging significantly across the county. 47586 has the highest median home price at $107,450.

Property Tax Assessment Values Across Tell City, Perry County, Indiana

Source: Ownwell

$31,600

$92,325

$153,050

Median Tell City Market Value

$107,450

Median Perry County Market Value

$97,900

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tell City, Perry County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47586	$43,730	$70,700	$107,450	$158,600	$217,210

Source: Ownwell

Property Tax Bills Across Tell City, Perry County, Indiana

In Tell City, located in Perry County, IN, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Tell City is $107,450, contributing to a property tax bill that typically ranges from the 25th percentile at $496 to the 90th percentile at $2,279. The median property tax bill in Tell City is $1,023, which is below the national median of $2,400. This lower tax bill can be attributed to the relatively low property values in the area. Homeowners in Tell City can benefit from appealing their property tax assessments to ensure they are not overpaying. Ownwell offers services to assist homeowners in this process by reviewing assessments and identifying potential savings. By leveraging Ownwell's expertise, homeowners can potentially reduce their property tax bills, easing the financial burden associated with homeownership.

Property Tax Bills Across Tell City, Perry County, Indiana

Source: Ownwell

$507

$1,042

$1,576

Median Tell City Tax Bill

$1,023

Median Perry County Tax Bill

$927

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Tell City, Perry County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47586	$259	$496	$1,023	$1,603	$2,279

Source: Ownwell