The Ins and Outs to Property Taxes in Lawrence County

Property taxes in Lawrence County don’t have to be a slog. Here’s some information to navigate it.

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Rates

The median property tax in Lawrence County, Indiana is $823 per year for a home worth the median value of $97,400. Lawrence County collects, on average, 0.84% of a property's assessed fair market value as property tax. Indiana is ranked 1801st of the 3143 counties in the United States, in order of the median amount of property taxes collected. The average yearly property tax paid by Lawrence County residents amounts to about 1.75% of their yearly income. Lawrence County is ranked 1709th of the 3143 counties for property taxes as a percentage of median income. You can use the Indiana property tax map to the left to compare Lawrence County's property tax to other counties in Indiana. Hamilton County collects the highest property tax in Indiana, levying an average of $2,274.00 (1.08% of median home value) yearly in property taxes, while Orange County has the lowest property tax in the state, collecting an average tax of $515.00 (0.57% of median home value) per year.

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Assessment

The owner of record is determined by who owned the property as of January 1st of the previous year. If property was purchased after January 1st of the previous year, you will need to have the former owner’s name and find out from the title company who is responsible for paying the taxes. For split properties, please contact the Auditor’s office and the Assessor’s Office to have a split sheet done before you pay the taxes. Mobile Homes are assessed and payable the same year and are due on the dates noted above.

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Deductions

A deduction reduces the amount of property value that you are taxed on, which lowers your property tax bill. You might be eligible for a deduction if you are paying property tax on your main home or have a mortgage on your property. Learn about these and other common deductions here. You cannot receive the same deduction on more than one property and, with the exception of the mortgage deduction, the credit must be applied to your primary home. If you think you qualify for a deduction, contact the Auditor’s Office for more information.

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Call Lesa Miller at (812) 360-3863 or go online where you can read her posts on other social media accounts and websites.