Fort Wayne, Wells County, Indiana Property Taxes

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

Median Fort Wayne, IN effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Indiana state median of 0.99%.
Median Fort Wayne, IN home value: $156,600
Median annual Fort Wayne, IN tax bill: $1,396, $1,004 lower than the national median property tax bill of $2,400.

How are property taxes in Wells County calculated?

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

Last Updated March 1, 2025

Fort Wayne, Wells County, Indiana Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$924

$857

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

Property Tax Rates Across Fort Wayne, Wells County, Indiana

Local government entities set tax rates, which can vary widely within a state. This variance is because each county annually estimates its budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Fort Wayne, located in Allen County, Indiana, the effective property tax rate stands at 0.87%, which is below the national median of 1.02%. This rate is slightly higher than Indiana's median property tax rate of 0.76%. Homeowners in Fort Wayne pay a median property tax bill of $1,218, which is significantly lower than the national median of $2,400. When compared to Wells County, where the median property tax rate is 0.59%, Fort Wayne's rate is higher. This comparison highlights the diversity in property tax rates within Indiana, demonstrating how local governance and budgetary needs influence the financial obligations of homeowners.

Property Tax Rates Across Fort Wayne, Wells County, Indiana

Source: Ownwell

0.37%

0.48%

0.59%

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 Fort Wayne Tax Rate

0.59%

Median Effective Wells County Tax Rate

0.56%

Median Effective Indiana Tax Rate

0.99%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fort Wayne, Wells County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
46819	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Fort Wayne, Wells County, Indiana

When examining property taxes in Fort Wayne, 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 Wells 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 Wells 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 Fort Wayne. For example, the median home price in Fort Wayne is $156,600, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Fort Wayne, Wells County, Indiana

Source: Ownwell

$76,900

$173,750

$270,600

Median Fort Wayne Market Value

$156,600

Median Wells County Market Value

$188,100

Median Indiana Market Value

$170,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fort Wayne, Wells County, Indiana

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
46819	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Fort Wayne, Wells County, Indiana

In Fort Wayne, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and it is crucial in determining the final tax bill. With a median home price of $156,600, homeowners in Fort Wayne can expect varying tax bills. For instance, those at the 25th percentile pay around $1,081, while those at the 75th percentile see bills closer to $1,601. The 90th percentile reaches up to $1,724. Compared to the national median tax bill of $2,400, Fort Wayne homeowners generally experience lower property taxes, which can be an advantage. However, any increase in assessed value or tax rates can still significantly impact the finances of homeowners. This is where Ownwell steps in, offering expertise in property tax appeals and exemptions. By analyzing your property’s assessment and ensuring it aligns with current market conditions, Ownwell can help reduce your property tax burden, potentially saving you hundreds of dollars annually.

Property Tax Bills Across Fort Wayne, Wells County, Indiana

Source: Ownwell

$314

$941

$1,568

Median Fort Wayne Tax Bill

$1,396

Median Wells County Tax Bill

$1,092

Median Indiana Tax Bill

$1,691

Median United States Tax Bill

$2,400

Property Tax Bills Across Fort Wayne, Wells County, Indiana

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
46819	N/A	N/A	N/A	N/A	N/A

Source: Ownwell