High Property Tax Increase in Indiana

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property-tax-2-300x168683670-1

If you own a home in Indiana, then you have likely noticed that your property taxes have gone way up. By how much varies on where you live and the local economic situation, but according to a study by the Association of Indiana Counties, Hoosiers are paying about 16 percent more in property taxes on average. Farmers are also paying about 16 percent more. The most significant increases in property taxes were in Fountain, Hancock, Morgan, and Warrick Counties, with those counties averaging increases of around 20 percent or more. Benton County is the only county in Indiana that had an average 0-percent increase due to tax ordinances there regarding windmills. Governor Holcomb said last week that they plan to begin discussions on property taxes at the statehouse.

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