Sullivan, Sullivan County, Indiana Property Taxes

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

Median Sullivan, IN effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Sullivan, IN home value: $78,300
Median annual Sullivan, IN tax bill: $890, $1,510 lower than the national median property tax bill of $2,400.

How are property taxes in Sullivan calculated?

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

Last Updated March 1, 2025

Sullivan, Sullivan County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$822

$763

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

By entering your property's estimated assessed value, our calculator applies Sullivan’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 18153.

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

Property Tax Rates Across Sullivan, Sullivan County, Indiana

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually 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 tax rates and budgets, this is the annual process in a nutshell. Sullivan, located in Indiana, has an effective property tax rate of 1.05%, which aligns with the highest and lowest median tax rates in the area. Compared to the national median property tax rate of 1.02%, Sullivan's rate is slightly higher, reflecting the county's budgetary needs and property values. This rate influences the property tax bills residents receive, impacting their overall cost of living. Understanding these rates provides insight into how local governments fund essential services and infrastructure. By comparing Sullivan's tax rate to other cities in Indiana and the U.S. median, property owners can better evaluate their tax obligations and consider potential savings through appeals or exemptions.

Property Tax Rates Across Sullivan, Sullivan County, Indiana

Source: Ownwell

0.63%

1.34%

2.05%

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 Sullivan Tax Rate

1.05%

Median Effective Sullivan County Tax Rate

1.04%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sullivan, Sullivan County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47882	0.61%	0.88%	1.05%	2.04%	2.14%

Source: Ownwell

Property Tax Assessment Values Across Sullivan, Sullivan County, Indiana

When examining property taxes in Sullivan, 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 Sullivan 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 Sullivan 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 Sullivan.

For example, the median home price in Sullivan is $78,300, with tax bills ranging significantly across the county. 47882 has the highest median home price at $78,300.

Property Tax Assessment Values Across Sullivan, Sullivan County, Indiana

Source: Ownwell

$17,250

$59,450

$101,650

Median Sullivan Market Value

$78,300

Median Sullivan County Market Value

$68,600

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sullivan, Sullivan County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47882	$23,600	$44,300	$78,300	$121,325	$176,200

Source: Ownwell

Property Tax Bills Across Sullivan, Sullivan County, Indiana

Property tax bills in Sullivan, Indiana are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor, who considers factors such as the property's location, size, and condition. In Sullivan County, the median property tax bill is $890, significantly lower than the national median of $2,400, making it a more affordable area for homeowners. However, tax bills can vary widely, with some homeowners paying as little as $507, while others face bills as high as $2,258. This variation is due to differences in property values and applicable exemptions. High property taxes can be a burden for homeowners, but Ownwell offers valuable assistance in appealing property tax assessments and securing exemptions. By leveraging expertise in local property tax laws and assessment practices, Ownwell helps homeowners reduce their tax liabilities, ensuring they only pay their fair share. This can lead to significant savings, providing financial relief and peace of mind.

Property Tax Bills Across Sullivan, Sullivan County, Indiana

Source: Ownwell

$231

$726

$1,221

Median Sullivan Tax Bill

$890

Median Sullivan County Tax Bill

$721

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Sullivan, Sullivan County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47882	$276	$507	$890	$1,449	$2,258

Source: Ownwell