47991 Property Tax Rate

Property owners in ZIP code 47991 (West Lebanon, Indiana) pay a median of $563/year in property taxes on homes valued at $127,700. This translates to an effective tax rate of 0.44%, which is 36% below the Indiana state average of 0.69%.

The monthly property tax burden for a median-valued home in 47991 is approximately $47, which factors into escrow payments on mortgages. This ZIP code is located within Warren County. This is $688 less than the Indiana average of $1,251/year.

Compared to similar ZIP codes in Indiana, 47991 has lower property taxes. ZIP codes with similar effective rates include 46156 (0.44%) and 47874 (0.44%).

In West Lebanon, property taxes represent approximately 0.5% of the median household income of $102,643, providing context for the relative tax burden on homeowners in this area.

Indiana has no statewide cap on assessment increases, and the Warren County Assessor may reassess your property based on market value determinations without statutory limitation. File for the Homestead Property Tax Deduction and Senior Citizen Deduction (if applicable) with the Warren County Assessor within 60 days of purchase to claim available tax relief. Obtain a copy of your assessment notice and file a Formal Assessment Appeal with the Warren County Board of Tax Review by the published deadline if you believe the assessed value is excessive.