Fremont, Steuben County, Indiana Property Taxes
Median Fremont, Indiana effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Fremont, Indiana home value: $179,800
Median annual Fremont, Indiana tax bill: $1,027, $1,373 lower than the national median property tax bill of $2,400.
How are property taxes in Steuben County calculated?
Property taxes in Fremont, Indiana 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 Fremont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fremont, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fremont, Steuben County, Indiana Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.73%
Estimate Property Tax Bill
$1,313
$1,218
Property Tax Rates Across Fremont, Steuben County, Indiana
Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each county annually estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This process determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual procedure.
In Fremont, located in Steuben County, Indiana, the effective property tax rate is 0.73%, which is notably lower than the national median of 1.02%. This makes Fremont an attractive option for property owners seeking lower tax burdens compared to many other areas across the United States. When comparing Fremont’s property tax rate to the rest of Indiana, it aligns with the state's median rate, offering a consistent tax environment within the region. For homeowners in Fremont, this means benefiting from relatively lower property tax bills, especially when contrasted with the national median property tax bill of $2,400. This favorable tax rate can enhance the appeal of owning property in Fremont, providing potential savings and financial advantages.
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 Fremont Tax Rate
0.73%
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 Steuben County Tax Rate
0.76%
Median Effective Indiana Tax Rate
0.99%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fremont, Steuben County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46737 | 0.34% | 0.45% | 0.73% | 0.85% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Fremont, Steuben County, Indiana
When examining property taxes in Fremont, 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 Steuben 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 Steuben County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Fremont.
For example, the median home price in Fremont is $179,800, with tax bills ranging significantly across the county. Zip code 46737 has the highest median home price at $179,800.
Property Tax Assessment Values Across Fremont, Steuben County, Indiana
Source: Ownwell
$22,700
$116,875
$211,050
Median Fremont Market Value
$179,800
Median Steuben County Market Value
$162,600
Median Indiana Market Value
$170,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fremont, Steuben County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46737 | $36,710 | $80,500 | $179,800 | $371,125 | $622,570 |
Source: Ownwell
Property Tax Bills Across Fremont, Steuben County, Indiana
Median Fremont Tax Bill
$1,027
Median Steuben County Tax Bill
$967
Median Indiana Tax Bill
$1,691
Median United States Tax Bill
$2,400
Property Tax Bills Across Fremont, Steuben County, Indiana
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 46737 | $242 | $466 | $1,027 | $2,300 | $4,401 |
Source: Ownwell