46725 Property Tax Rate

Property owners in ZIP code 46725 (Columbia City, Indiana) pay a median of $1,551/year in property taxes on homes valued at $216,700. This translates to an effective tax rate of 0.72%, which is 3% above the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 46725 is approximately $129, which factors into escrow payments on mortgages. This ZIP code is located within Whitley County. This is $300 more than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 46725 has lower property taxes. ZIP codes with similar effective rates include 46225 (0.72%) and 47118 (0.72%).

In Columbia City, property taxes represent approximately 2.0% of the median household income of $76,214, 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. Whitley County offers a Homestead Standard Deduction ($45,000 off assessed value for primary residences) — file with the Whitley County Assessor within 60 days of closing. Contact the Whitley County Assessor to confirm your exemption application and request a copy of your assessed value for verification.