46911 Property Tax Rate

Property owners in ZIP code 46911 (Amboy, Indiana) pay a median of $1,044/year in property taxes on homes valued at $202,800. This translates to an effective tax rate of 0.51%, which is 26% below the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 46911 is approximately $87, which factors into escrow payments on mortgages. This ZIP code is located within Miami County. This is $207 less than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 46911 has higher property taxes. ZIP codes with similar effective rates include 46157 (0.51%) and 46975 (0.51%).

In Amboy, property taxes represent approximately 1.2% of the median household income of $84,000, 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. Miami County offers a Homestead Standard Deduction ($45,000 off assessed value for primary residences) — file with the Miami County Assessor within 60 days of closing. Verify with the Miami County Assessor that your homestead exemption appears on your assessment and note the appeal deadline for assessment disputes.