46531 Property Tax Rate

Property owners in ZIP code 46531 (Grovertown, Indiana) pay a median of $968/year in property taxes on homes valued at $150,900. This translates to an effective tax rate of 0.64%, which is 8% below the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 46531 is approximately $81, which factors into escrow payments on mortgages. This ZIP code is located within Starke County. This is $283 less than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 46531 has higher property taxes. ZIP codes with similar effective rates include 47006 (0.64%) and 46049 (0.64%).

In Grovertown, property taxes represent approximately 1.7% of the median household income of $56,278, providing context for the relative tax burden on homeowners in this area.

Indiana reassesses property at sale to current market value, resetting your tax base to the purchase price. Starke County offers a Homestead Standard Deduction ($45,000 off assessed value for primary residences) — file with the Starke County Assessor within 60 days of purchase to claim the exemption. Request a property record from the Starke County Assessor after filing to verify your homestead deduction was applied.