46989 Property Tax Rate

Property owners in ZIP code 46989 (Upland, Indiana) pay a median of $1,313/year in property taxes on homes valued at $182,900. 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 46989 is approximately $109, which factors into escrow payments on mortgages. This ZIP code is located within Grant County.

Compared to similar ZIP codes in Indiana, 46989 has higher property taxes. ZIP codes with similar effective rates include 47281 (0.72%) and 46371 (0.72%).

In Upland, property taxes represent approximately 1.8% of the median household income of $73,679, providing context for the relative tax burden on homeowners in this area.

Indiana does not cap property tax assessment increases at the state level; the Grant County Assessor reassesses properties based on market value triennially, with potential significant jumps at sale. Grant County offers a Homestead Property Tax Deduction for primary residences (amount varies; check with the assessor) and a Supplemental Homestead Deduction for seniors 65+ and disabled owners. Contact the Grant County Assessor's office immediately after closing to file for available deductions and confirm your property's assessment cycle.