The rate in context
On a $400,000 home, 0.76% means roughly $3,040 per year in property tax, escrowed monthly, so it lands directly in your payment and your debt-to-income ratio.
Exemptions and notes
Constitutional caps hold tax bills to 1% of assessed value for homesteads (2% for rentals, 3% for commercial), regardless of the nominal rate.
Sources: Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. County-level rates vary; your county page has local detail.
Counties in Indiana
FAQ
What is the average property tax rate in Indiana?
The average effective property tax rate in Indiana is about 0.76%, per Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. Individual counties vary above and below that average.
How do Indiana property taxes affect my mortgage?
Taxes are escrowed into your monthly payment, so a higher rate directly reduces how much house you qualify for. Constitutional caps hold tax bills to 1% of assessed value for homesteads (2% for rentals, 3% for commercial), regardless of the nominal rate.