Indianola, Warren County, Iowa Property Taxes

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

Median INDIANOLA, IA effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the Iowa state median of 1.54%.
Median INDIANOLA, IA home value: $229,800
Median annual INDIANOLA, IA tax bill: $3,510, $1,110 higher than the national median property tax bill of $2,400.

How are property taxes in Warren County calculated?

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

Last Updated March 1, 2025

Indianola, Warren County, Iowa Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.67%

Estimate Property Tax Bill

$3,838

$3,561

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

Property Tax Rates Across Indianola, Warren County, Iowa

Local government entities determine property tax rates, which can differ significantly within a state. This variation occurs because counties calculate their annual budgets needed for services and divide that by the total value of all taxable property within their boundaries, resulting in the property tax rate. Although voting and legislation play a role in setting these rates, this is the fundamental process each year.

In Indianola, located in Warren County, the effective property tax rate stands out when compared to other cities in Iowa. The median property tax rate in Iowa is 1.67%, which is higher than the national median of 1.02%. This suggests that property owners in Indianola may experience higher property tax bills compared to the national average. However, these rates reflect the local government's efforts to fund essential services and community needs. Understanding these differences can help property owners make informed decisions about their investments and financial planning. By comparing Indianola's rates with statewide and national figures, property owners can better anticipate their tax obligations and manage their budgets effectively.

Property Tax Rates Across Indianola, Warren County, Iowa

Source: Ownwell

0.87%

1.35%

1.83%

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 Indianola Tax Rate

1.67%

Median Effective Warren County Tax Rate

1.57%

Median Effective Iowa Tax Rate

1.54%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Indianola, Warren County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
50125	1.10%	1.20%	1.67%	1.78%	1.86%

Source: Ownwell

Property Tax Assessment Values Across Indianola, Warren County, Iowa

When examining property taxes in Indianola, Iowa, 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 Warren 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.

In Warren 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 Indianola. For example, the median home price in Indianola is $229,800, with tax bills ranging significantly across the county. Zip code 50125 has the highest median home price at $229,800.

Property Tax Assessment Values Across Indianola, Warren County, Iowa

Source: Ownwell

$65,800

$238,525

$411,250

Median Indianola Market Value

$229,800

Median Warren County Market Value

$233,350

Median Iowa Market Value

$167,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Indianola, Warren County, Iowa

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
50125	$96,220	$159,700	$229,800	$327,700	$443,140

Source: Ownwell

Property Tax Bills Across Indianola, Warren County, Iowa

In Indianola, located in Warren County, IA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. With a median home price of $229,800, homeowners in this area face property tax bills that vary significantly. The 25th percentile tax bill is $2,532, while the 75th percentile reaches $4,810, and the 90th percentile climbs to $6,268. Notably, the median tax bill in the 50125 zip code is $3,510, which is above the national median property tax bill of $2,400. This indicates that homeowners in Indianola may pay more than the national average. Factors such as local government budgets and school funding needs also influence these rates. Ownwell can help homeowners reduce their property tax bills by providing expert property tax appeal services. By analyzing your property’s assessed value and identifying any discrepancies, Ownwell aims to lower your tax liability, ensuring you only pay what’s fair and potentially saving you a substantial amount annually.

Property Tax Bills Across Indianola, Warren County, Iowa

Source: Ownwell

$601

$3,834

$7,066

Median Indianola Tax Bill

$3,510

Median Warren County Tax Bill

$3,534

Median Iowa Tax Bill

$2,508

Median United States Tax Bill

$2,400

Property Tax Bills Across Indianola, Warren County, Iowa

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
50125	$1,612	$2,532	$3,510	$4,810	$6,268

Source: Ownwell