Knox, Starke County, Indiana Property Taxes

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

Median KNOX, IN effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median KNOX, IN home value: $136,500
Median annual KNOX, IN tax bill: $1,127, $1,273 lower than the national median property tax bill of $2,400.

How are property taxes in Starke calculated?

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

Last Updated March 1, 2025

Knox, Starke County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$1,271

$1,179

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

Property Tax Rates Across Knox, Starke County, Indiana

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county annually 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 votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.

KNOX, located in 18149 County, IN, has an effective property tax rate that is reflective of the county's fiscal strategy. Compared to other cities within Indiana, KNOX's rate offers homeowners a unique perspective on property tax obligations. The median property tax rate in Indiana is 0.83%, which is lower than the national median of 1.02%. This places Indiana in a favorable position for property owners, providing a more affordable tax environment compared to many other states.

For homeowners in KNOX, understanding these rates is crucial for financial planning and property investment decisions. By staying informed about local tax rates and how they compare to state and national averages, residents can better navigate their financial responsibilities.

Property Tax Rates Across Knox, Starke County, Indiana

Source: Ownwell

0.72%

0.95%

1.18%

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 Knox Tax Rate

0.84%

Median Effective Starke County Tax Rate

0.82%

Median Effective Indiana Tax Rate

1.01%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Knox, Starke County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46534	0.47%	0.63%	0.84%	1.44%	1.85%

Source: Ownwell

Property Tax Assessment Values Across Knox, Starke County, Indiana

When examining property taxes in Knox, 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 Starke County Assessor's Office 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 Starke 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 Knox.

For example, the median home price in Knox is $136,500, with tax bills ranging significantly across the county. Zip code 46534 has the highest median home price at $136,500.

Property Tax Assessment Values Across Knox, Starke County, Indiana

Source: Ownwell

$39,100

$99,150

$159,200

Median Knox Market Value

$151,250

Median Starke County Market Value

$145,600

Median Indiana Market Value

$186,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Knox, Starke County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46534	$51,500	$97,225	$151,250	$222,175	$327,340

Source: Ownwell

Property Tax Bills Across Knox, Starke County, Indiana

In Knox, located in Starke County, IN, property tax bills are calculated based on the assessed value of a home. The median home price in Knox is $136,500, contributing to a median property tax bill of $1,127, which is below the national median of $2,400. This rate is determined by local tax authorities and reflects the funding needs for public services such as schools and infrastructure. Homeowners in Knox may see tax bills ranging from $609 at the 25th percentile to $3,118 at the 90th percentile. Factors influencing these variations include the home's assessed value and any exemptions for which the homeowner may qualify. Ownwell can assist homeowners by reviewing their property assessments for inaccuracies, ensuring they benefit from eligible exemptions, and appealing tax assessments when necessary. By leveraging Ownwell's expertise, homeowners can potentially reduce their property tax bills, making homeownership more affordable in Knox.

Property Tax Bills Across Knox, Starke County, Indiana

Source: Ownwell

$222

$828

$1,433

Median Knox Tax Bill

$1,303

Median Starke County Tax Bill

$1,253

Median Indiana Tax Bill

$1,964

Median United States Tax Bill

$2,400

Property Tax Bills Across Knox, Starke County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46534	$354	$719	$1,303	$2,142	$3,548

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 15

Links
Starke Tax Assessor
Website	starkein.wthgis.com