Madison County, IN Property Taxes (2026)

Madison County owners pay a median of $1,128 a year on a median home value of $147,700, an effective rate of 0.76%. That's the 22nd-highest rate of 92 Indiana counties with Census data, above the Indiana county median of 0.68%.

Updated October 2026 · Data: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023)

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Effective tax rate

0.76%

22nd highest of 92 in IN

Median annual bill

$1,128

~$94/month

Median home value

$147,700

Indiana county median

0.68%

Effective rate

What a protest could save you in Madison County

Enter the market value from your appraisal notice. We apply Madison County's 0.76% effective rate and a 10–15% reduction, the typical range for successful protests.

$
Est. annual tax
$1,123
Savings at 10–15% off
$112–$168
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Madison County vs. Indiana vs. U.S. property tax rates

Madison County0.76%
Indiana county median0.68%
U.S. county median0.84%

Key stat: Madison County's effective property tax rate is 0.76%, vs. 0.68% for the median Indiana county and 0.84% for the median U.S. county. It ranks 22nd of 92 in Indiana. Effective rate = median tax bill ÷ median home value, so it already reflects typical exemptions. (Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023))

How to appeal your property taxes in Madison County

  1. 1

    Review your assessment notice

    Check the assessed value from the Madison County Assessor. Compare it to recent sales of similar homes nearby.

  2. 2

    File your appeal before the deadline

    The Madison County deadline is June 15 or 45 days after notice. Missing it means waiting until the next assessment year.

  3. 3

    Gather evidence

    Recent comparable sales, photos of condition issues, repair estimates or an independent appraisal.

  4. 4

    Present your case

    Submit evidence or attend a hearing with the County Assessor.

  5. 5

    Get your decision

    If you win, your assessed value and bill go down. On a $1,128 bill, 10–15% off is $113–$169 a year.

Want help with it?

TaxDrop builds your case from comparable sales data.

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Property tax exemptions in Indiana

Indiana homeowners may qualify for exemptions that reduce taxable value. Check with the Madison County Assessor for amounts.

Homestead exemption

For your primary residence. Reduces the value used to calculate your bill.

Senior / over-65

Many states add an exemption or freeze for owners 65 and older.

Disability

For homeowners with qualifying disabilities, often similar to the over-65 benefit.

Veterans

Disabled veterans may get partial or full exemptions depending on rating.

Frequently Asked Questions

What is the property tax rate in Madison County, Indiana?
The median effective property tax rate in Madison County is 0.76%: a median annual bill of $1,128 on a median home value of $147,700. That's the 22nd-highest rate of 92 Indiana counties with Census data. Your own rate depends on which city, school district and special districts you're in. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023).
How much are property taxes in Madison County?
The median Madison County property tax bill is $1,128 a year, about $94 a month, compared with a Indiana county median of $1,106.
What is the deadline to appeal property taxes in Madison County?
The deadline to appeal in Madison County is June 15 or 45 days after notice. Missing it means waiting until the next assessment cycle.
Is Madison County a high property tax area?
Madison County's 0.76% effective rate is above the Indiana county median of 0.68% and below the U.S. county median of 0.84%. That's the 22nd-highest rate of 92 Indiana counties with Census data.
Can TaxDrop help lower my Madison County property taxes?
TaxDrop analyzes your property against local comparable sales and helps you appeal your assessment.

Property taxes in nearby counties

Delaware County

Rate: 0.78%

Median bill: $997

Hamilton County

Rate: 0.88%

Median bill: $3,340

Tipton County

Rate: 0.64%

Median bill: $1,069

Henry County

Rate: 0.75%

Median bill: $1,050

Hancock County

Rate: 0.68%

Median bill: $1,756

Grant County

Rate: 0.68%

Median bill: $790

Blackford County

Rate: 0.81%

Median bill: $779

Howard County

Rate: 0.73%

Median bill: $1,110

← All 92 Indiana counties

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