47172 Property Tax Rate

Property owners in ZIP code 47172 (Sellersburg, Indiana) pay a median of $1,793/year in property taxes on homes valued at $249,200. This translates to an effective tax rate of 0.72%, which is 4% above the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 47172 is approximately $149, which factors into escrow payments on mortgages. This ZIP code is located within Clark County. This is $542 more than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 47172 has higher property taxes. ZIP codes with similar effective rates include 46710 (0.72%) and 46017 (0.72%).

In Sellersburg, property taxes represent approximately 2.2% of the median household income of $80,525, providing context for the relative tax burden on homeowners in this area.

Indiana operates on a triennial reassessment cycle with no state cap limiting value increases; Clark County will update your assessment at its next scheduled revaluation. Clark County offers a Homestead Property Tax Deduction and additional Supplemental Homestead Deductions for seniors 65+ and disabled residents. Submit your homestead deduction claim to the Clark County Assessor's office within 30 days of purchase to activate your tax relief.