Monday, February 6, 2012

State Issues Annual Property Tax Report

The state reports that "The average Indiana homestead owner saw a 4.4% tax bill increase from 2010 to 2011. About two-thirds of homestead owners saw tax increases in 2011, and about one-quarter saw tax decreases. About 5% saw no change in their tax bills.  Tax bill changes were relatively small in 2011, however, compared to recent years. About 57% of homestead owners saw modest changes between +9% and -9%. About a third saw increases of 10% or more. Less than 10% saw tax decreases of 10% or more."

http://www.in.gov/legislative/publications/County_Report_2011.pdf