Home and mortgage

Madison County, IN Property Tax Calculator

Madison County homeowners pay a median $1,192 a year in property tax, 0.74% of a median $161,300 home: the same as Indiana's 0.74% but below the national 0.94%.

Your numbers

Property tax a year$1,192The answer

Property tax a year

$1,192

At an effective rate of 0.74%, a $161,300 home pays about $1,192 a year in property tax, $99 a month.

A month (for escrow)
$99
Effective rate on the home
0.74%

Property tax in Madison County by home value, at 0.74%

Home valueA yearA month
$80,000$591$49
$120,000$887$74
$160,000$1,182$99
$240,000$1,774$148
$320,000$2,365$197

Madison County against Indiana and the US

Effective rateMedian taxMedian home valueMedian household income
Madison County0.74%$1,192$161,300$63,037
Indiana0.74%$1,614$218,200$71,957
United States0.94%$3,119$332,700$80,734

How this calculator works

Median real estate taxes paid ÷ median home value in Madison County, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. The calculator starts at the county's median home value and rate.

Questions people ask

What is the property tax rate in Madison County?

The effective rate is 0.74%: a median $1,192 a year on a median $161,300 home. That's the 17th highest of the 28 Indiana counties we cover.

How much is property tax on a $400,000 house in Madison County?

About $2,956 a year, $246 a month, at the county's effective rate, before any exemption.

How does Madison County compare with the rest of Indiana?

Its rate is the same as the state's 0.74%. Across Indiana, covered counties range from 0.49% to 0.92%.

How do I lower my Madison County property tax?

Apply for every exemption you qualify for, such as a homestead exemption, and appeal your assessment if it is higher than comparable homes sold nearby; the county assessor explains the deadlines.

Other Indiana counties

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Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.