Wadesville, Vanderburgh County, Indiana Property Taxes

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

Median Wadesville, IN effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Wadesville, IN home value: $205,250
Median annual Wadesville, IN tax bill: $2,549, $149 higher than the national median property tax bill of $2,400.

How are property taxes in Vanderburgh calculated?

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

Last Updated March 1, 2025

Wadesville, Vanderburgh County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$2,422

$2,248

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

Property Tax Rates Across Wadesville, Vanderburgh County, Indiana

Local government entities are responsible for setting property tax rates, which can vary widely within a state. This variation occurs because each county annually estimates the budget required to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. The result is the property tax rate. While votes and laws play roles in determining tax rates and budgets, this is the fundamental annual process.

In Wadesville, located in Vanderburgh County, the effective property tax rate can be compared to other cities in Indiana, as well as to the median property tax rates in Indiana and the U.S. Indiana's median property tax rate is slightly higher than the national median, meaning property owners may experience higher tax bills compared to the national average. However, this can vary significantly depending on the specific location within the state. Understanding these differences can help property owners make informed decisions about their real estate investments and financial planning.

Property Tax Rates Across Wadesville, Vanderburgh County, Indiana

Source: Ownwell

0.97%

1.12%

1.27%

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 Wadesville Tax Rate

1.18%

Median Effective Vanderburgh County Tax Rate

1.01%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wadesville, Vanderburgh County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
47638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Wadesville, Vanderburgh County, Indiana

When examining property taxes in Wadesville, 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 Vanderburgh 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 Vanderburgh 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 Wadesville. For example, the median home price in Wadesville is $205,250, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Wadesville, Vanderburgh County, Indiana

Source: Ownwell

$55,350

$161,325

$267,300

Median Wadesville Market Value

$205,250

Median Vanderburgh County Market Value

$135,700

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wadesville, Vanderburgh County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
47638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Wadesville, Vanderburgh County, Indiana

In Wadesville, property tax bills are calculated based on the assessed value of a home, which is determined by the Vanderburgh County assessor. The assessed value reflects the estimated market value of the property. Homeowners in Wadesville pay a property tax rate that contributes to local services such as schools, infrastructure, and emergency services. With a median home price of $205,250, the property tax bill can vary significantly, with the 25th percentile at $1,667, the 75th percentile at $2,898, and the 90th percentile reaching $3,305. These figures highlight the range of tax burdens homeowners may face, with some paying above the national median property tax bill of $2,400. Ownwell can assist homeowners by reviewing their property assessments to ensure accuracy and fairness. By identifying discrepancies or opportunities for exemptions, Ownwell helps clients potentially lower their property tax bills, providing peace of mind and financial savings. With expert knowledge and personalized service, Ownwell is dedicated to helping homeowners navigate the complexities of property taxes effectively.

Property Tax Bills Across Wadesville, Vanderburgh County, Indiana

Source: Ownwell

$710

$1,736

$2,762

Median Wadesville Tax Bill

$2,549

Median Vanderburgh County Tax Bill

$1,483

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Wadesville, Vanderburgh County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
47638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell