Madison County Property Taxes
Madison County, Indiana
Effective Tax Rate
0.00%
5.9% below state avgMedian Annual Tax
$0
$94/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.76%
At a Glance
Median Home Value
$147,700
State avg ▼ $178,101
Tax w/ Mortgage/yr
$1,222
$102/mo escrow
Tax w/o Mortgage/yr
$956
$80/mo
State Tax Rate Rank
#73
of 92 counties (1 = lowest)
Data Story
About Property Taxes in Madison County, Indiana
Madison County above national median
Madison County's effective tax rate of 0.764% is well above the national median of 0.630%, placing it in the higher-tax cohort. Despite lower median home values of $147,700, residents here pay $1,128 annually—above the national average for lower-valued homes.
Ranks second-highest in Indiana group
Madison County's 0.764% effective rate significantly exceeds Indiana's state average of 0.671%, making it the second-highest among these eight counties. Median taxes of $1,128 fall below the state median of $1,199 only because of modest home values.
Steeper taxes than most peers
Madison County's 0.764% rate beats only Lake County (0.925%) in this group, but substantially exceeds LaGrange (0.542%), Kosciusko (0.598%), and Lawrence (0.604%). It's firmly in the higher-tax tier regionally.
What $147,700 home costs annually
A typical Madison County homeowner with a $147,700 home pays approximately $1,128 in annual property taxes. With mortgage, that figure rises to $1,222; without, to $956—reflecting a steep rate applied to modest home values.
Assessment review could pay off
Madison County's elevated rate means accurate assessments matter especially—an overvalued home costs you substantially more. Filing a property tax appeal is free and could reduce your annual bill, particularly for older or recently underperforming properties.
How Madison County Compares
Median Annual Property Tax
Madison County
0.76%
Effective rate
Indiana Avg
0.67%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Madison County, Indiana?
How much are property taxes in Madison County?
How does Madison County compare to the Indiana average?
What is the median home value in Madison County, Indiana?
Why is Madison County property tax rate higher than the Indiana average?
How does Madison County rank for property taxes in Indiana?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Indiana
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.