North Liberty, St. Joseph County, Indiana Property Taxes

Name: Property Tax Bills Across North Liberty, St. Joseph County, Indiana
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median North Liberty, IN effective property tax rate: 1.02%, aligning with the national median of 1.02%, yet slightly higher than the Indiana state median of 0.99%.
Median North Liberty, IN home value: $163,500
Median annual North Liberty, IN tax bill: $1,762, $638 lower than the national median property tax bill of $2,400.

How are property taxes in St. Joseph calculated?

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

Last Updated March 1, 2025

North Liberty, St. Joseph County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$1,668

$1,548

Ownwell’s North Liberty Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in North Liberty with just two data points.

By entering your property's estimated assessed value, our calculator applies North Liberty’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 18141.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across North Liberty, St. Joseph County, Indiana

Local government entities in North Liberty, located in county 18141, Indiana, set property tax rates that can vary significantly within the state. This variation occurs because each county annually estimates the budget required to provide essential services and then divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the basic annual procedure. North Liberty's effective property tax rate can be compared with other cities in Indiana, as well as the median property tax rates in the state and across the U.S. The median property tax rate in Indiana is notably lower than the national median rate of 1.02%, offering a financial advantage for property owners in the area. Understanding these local variations is essential for property owners seeking to manage their tax obligations effectively.

Property Tax Rates Across North Liberty, St. Joseph County, Indiana

Source: Ownwell

0.52%

0.87%

1.22%

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 North Liberty Tax Rate

1.02%

Median Effective St. Joseph County Tax Rate

1.09%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across North Liberty, St. Joseph County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46554	0.79%	0.97%	1.02%	1.25%	2.01%

Source: Ownwell

Property Tax Assessment Values Across North Liberty, St. Joseph County, Indiana

When examining property taxes in North Liberty, 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 St. Joseph 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. Assessment notices: In St. Joseph 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 North Liberty. For example, the median home price in North Liberty is $163,500, with tax bills ranging significantly across the county. 46554 has the highest median home price at $163,500.

Property Tax Assessment Values Across North Liberty, St. Joseph County, Indiana

Source: Ownwell

$72,500

$193,600

$314,700

Median North Liberty Market Value

$163,500

Median St. Joseph County Market Value

$157,600

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across North Liberty, St. Joseph County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46554	$80,750	$124,725	$163,500	$215,400	$267,800

Source: Ownwell

Property Tax Bills Across North Liberty, St. Joseph County, Indiana

In North Liberty, St. Joseph County, IN, property tax bills are calculated based on the assessed value of a home, which is determined by the local taxing authority. This assessed value is then multiplied by the local tax rate to establish the annual tax bill. Homeowners in North Liberty typically experience a median tax bill of around $1,762, significantly lower than the national median of $2,400. However, tax bills can vary widely, with the 25th percentile at $1,290, and the 90th percentile reaching $3,289. Factors influencing these variations include property size, location, and improvements. High tax bills can impact homeowners by increasing their annual expenses, potentially affecting their financial stability. Ownwell offers a solution by providing property tax appeal services, helping homeowners ensure their property is assessed fairly. By identifying discrepancies and advocating for accurate assessments, Ownwell can assist homeowners in reducing their tax burden, resulting in significant savings and improved financial well-being.

Property Tax Bills Across North Liberty, St. Joseph County, Indiana

Source: Ownwell

$505

$1,865

$3,225

Median North Liberty Tax Bill

$1,762

Median St. Joseph County Tax Bill

$1,785

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across North Liberty, St. Joseph County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46554	$880	$1,290	$1,762	$2,436	$3,289

Source: Ownwell