Property taxes in Madison County, Indiana
Homes in Madison County pay about 0.74% of their value in property taxes each year, or about $1,437 on a home at the local median sale price of $194,166. That’s higher than the typical county in Indiana (0.66%).
Effective rate0.74%Of home value per year
Rank in Indiana#25 of 921 = highest rate
Tax at the median sale price$1,437On $194,166
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $1,850 | $154 |
| $400,000 | $2,960 | $247 |
| $600,000 | $4,440 | $370 |
| $800,000 | $5,920 | $493 |
| $1,000,000 | $7,400 | $617 |
How accurate is a county rate?
This is a county average: the median tax bill divided by the median home value. Your bill depends on the home’s assessed value, the town and school district, and any exemptions you qualify for. Ask for the home’s current tax bill before you make an offer.
Questions
What is the property tax rate in Madison County, Indiana?
About 0.74% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Madison County?
About $2,960 a year, or $247 a month.
Counties in Indiana with similar rates
More for Madison County
Madison County loan limitsIndiana closing costsAlexandria 46001 market dataAnderson 46011 market dataAnderson 46012 market dataAnderson 46013 market dataAnderson 46016 market dataAnderson 46017 market dataElwood 46036 market dataFrankton 46044 market dataIngalls 46048 market dataLapel 46051 market dataMarkleville 46056 market dataOrestes 46063 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.