47114 Property Tax Rate
Crandall, Indiana · Part of Harrison County
Effective Tax Rate
0.68%
30.1% above state avgMedian Annual Tax
$1,627
$136/mo escrow
Estimate Your Tax
Annual Tax
$1,627
Monthly
$136
Eff. Rate
0.68%
Buyer decision brief
What ZIP 47114 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$136/mo
Based on median annual tax paid
State context
0.01 percentage points below the Indiana average
Indiana average: 0.69%
Data confidence
Use cautionThe Census margin of error is $608, about 37% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Harrison County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 47114 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
High margin of error
$608 tax MOE, 37% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Harrison County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 47114
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $238,700, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.68%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Indiana and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $136 per month before insurance, HOA dues, or special assessments.
Assessor verification
Harrison County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 47114 Compares
Median Annual Property Tax
ZIP 47114
0.68%
Effective rate
Indiana Avg
0.69%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Indiana
Higher than 51% of ZIP codes in Indiana(51th percentile, 713 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 47114
Property owners in ZIP code 47114 (Crandall, Indiana) pay a median of $1,627/year in property taxes on homes valued at $238,700. This translates to an effective tax rate of 0.68%, which is near the Indiana state average of 0.69%.
The monthly property tax burden for a median-valued home in 47114 is approximately $136, which factors into escrow payments on mortgages. This ZIP code is located within Harrison County. This is $376 more than the Indiana average of $1,251/year.
Compared to similar ZIP codes in Indiana, 47114 has higher property taxes. ZIP codes with similar effective rates include 47227 (0.68%) and 47535 (0.68%).
In Crandall, property taxes represent approximately 2.2% of the median household income of $74,844, providing context for the relative tax burden on homeowners in this area.
If you're considering purchasing a home in 47114, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Harrison County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 47114?
How much are property taxes in Crandall, IN (47114)?
How does ZIP 47114 compare to the Indiana average?
What is the median home value in ZIP 47114?
What county is ZIP code 47114 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$608. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 47114 is part of Harrison County, Indiana. View the full county profile for broader context and more data.
View Harrison County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 47114
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
47142
Mauckport, IN
0.31 percentage points lower than ZIP 47114.
Rate
0.37%
Tax
$654
Quality
71
47135
Laconia, IN
0.30 percentage points lower than ZIP 47114.
Rate
0.38%
Tax
$815
Quality
77
47110
Central, IN
0.24 percentage points lower than ZIP 47114.
Rate
0.44%
Tax
$785
Quality
67
47166
Ramsey, IN
0.21 percentage points lower than ZIP 47114.
Rate
0.47%
Tax
$796
Quality
71
47161
New Salisbury, IN
0.17 percentage points lower than ZIP 47114.
Rate
0.51%
Tax
$1,039
Quality
77
47112
Corydon, IN
0.15 percentage points lower than ZIP 47114.
Rate
0.54%
Tax
$1,269
Quality
82
47117
Elizabeth, IN
0.14 percentage points lower than ZIP 47114.
Rate
0.54%
Tax
$1,104
Quality
77
47115
Depauw, IN
0.13 percentage points lower than ZIP 47114.
Rate
0.55%
Tax
$1,072
Quality
77
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.