47247 Property Tax Rate

Jonesville, Indiana · Part of Bartholomew County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

0.47%

54.8% below state avg

Median Annual Tax

$565

$47/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$565

Monthly

$47

Eff. Rate

0.47%

vs. Indiana Avg54.8% below
vs. National Avg79% below

How ZIP 47247 Compares

Median Annual Property Tax

ZIP 47247$565
Indiana Average$1,251
National Average$2,690

ZIP 47247

0.47%

Effective rate

Indiana Avg

0.69%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in Indiana

0.18%state avg 0.69%1.57%

Lower than 90% of ZIP codes in Indiana(10th percentile, 713 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 47247

Property owners in ZIP code 47247 (Jonesville, Indiana) pay a median of $565/year in property taxes on homes valued at $119,500. This translates to an effective tax rate of 0.47%, which is 32% below the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 47247 is approximately $47, which factors into escrow payments on mortgages. This ZIP code is located within Bartholomew County. This is $686 less than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 47247 has higher property taxes. ZIP codes with similar effective rates include 47529 (0.47%) and 46940 (0.47%).

Indiana has no statewide property tax cap; Bartholomew County reassesses properties triennially, and new purchases are typically assessed at market value without limitation. Bartholomew County offers a Homestead Property Tax Deduction and enhanced Supplemental Homestead Deductions for seniors 65+ and disabled residents. Contact the Bartholomew County Assessor within 30 days of purchase to file for your homestead deduction and confirm your property's assessment.

Frequently Asked Questions

What is the property tax rate in ZIP code 47247?
The effective property tax rate in ZIP code 47247 (Jonesville, IN) is 0.47%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Jonesville, IN (47247)?
The median annual property tax payment in ZIP code 47247 is $565. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 47247 compare to the Indiana average?
ZIP code 47247's effective tax rate of 0.47% is lower than the Indiana state average of 0.69%. The median annual property tax in this ZIP is $565, compared to the state average of $1,251.
What is the median home value in ZIP 47247?
The median home value in ZIP code 47247 (Jonesville, IN) is $119,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 47247 in?
ZIP code 47247 is part of Bartholomew County in Indiana. For broader county-level property tax data, including comparisons with other counties in Indiana, visit the Bartholomew County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$203. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 47247 is part of Bartholomew County, Indiana. View the full county profile for broader context and more data.

View Bartholomew County on TaxByCounty →
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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.

Learn about our data sources and methodology →