46978 Property Tax Rate

Property owners in ZIP code 46978 (Royal Center, Indiana) pay a median of $853/year in property taxes on homes valued at $120,900. This translates to an effective tax rate of 0.71%, which is near the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 46978 is approximately $71, which factors into escrow payments on mortgages. This ZIP code is located within Cass County. This is $398 less than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 46978 has higher property taxes. ZIP codes with similar effective rates include 47648 (0.71%) and 46960 (0.71%).

In Royal Center, property taxes represent approximately 1.3% of the median household income of $66,250, providing context for the relative tax burden on homeowners in this area.

Indiana reassesses all real property on a triennial cycle; your home value may increase substantially when the county assessor updates records, and this revaluation is not capped by state law. Cass County provides a Homestead Property Tax Deduction and offers additional relief for seniors 65+ and disabled homeowners through supplemental deductions. File your homestead exemption application with the Cass County Assessor within 30 days of taking ownership to lock in your deduction eligibility.