46310 Property Tax Rate

Property owners in ZIP code 46310 (Demotte, Indiana) pay a median of $1,205/year in property taxes on homes valued at $213,500. This translates to an effective tax rate of 0.56%, which is 19% below the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 46310 is approximately $100, which factors into escrow payments on mortgages. This ZIP code is located within Jasper County.

Compared to similar ZIP codes in Indiana, 46310 has lower property taxes. ZIP codes with similar effective rates include 46104 (0.56%) and 47904 (0.57%).

In Demotte, property taxes represent approximately 1.5% of the median household income of $81,083, providing context for the relative tax burden on homeowners in this area.

Indiana reassesses property at market value at sale with no annual growth cap for new owners. Jasper County homeowners qualify for the Homestead Property Tax Deduction — file Form 136 with the Jasper County Assessor to reduce assessed value on your primary residence. File your exemption application with the Jasper County Assessor in your first tax year as an owner and request your Notice of Assessment to verify accuracy.