Rate Breakdown

Property taxes in Delaware County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

Authority	Avg. Rate
County General Fund	0.45%
School District (Avg)	1.20%
City / Local (Avg)	0.35%

How Property Tax Works in Delaware County

Property tax is a significant portion of your annual budget, so understanding how it works in Delaware County is vital. Here's a breakdown: * **Assessment:** Your property's value is determined by the county assessor based on recent sales of comparable properties and by reviewing public records. * **Millage Rates:** The millage rate represents the tax per $100 of assessed value. It varies between taxing districts (cities, towns, schools) within Delaware County. You can find specific millage rates for individual districts through the county's website or by contacting the county treasurer's office. * **Calculating Your Taxes:** Multiply your property’s assessed value by the millage rate. This results in your annual property tax bill.

Available Exemptions

Several exemptions help eligible Delaware County residents reduce their property taxes:

• Homestead Exemption: This exemption allows homeowners to claim a reduction of up to $10,000 on the assessed value of their primary residence. This can result in significant savings for qualified applicants.
• Senior Citizen Exemption: If you are 65 years or older and reside in your home as your principal place of residence, you may be eligible for an exemption of up to $10,000.
• Disability Exemption: A disabled individual with a documented disability that impacts their ability to work or reside in their home can apply for an exemption on the assessed value of their property, which will decrease your tax burden.
• Veteran Exemption: Veterans of the US Armed Forces who served for at least 180 days during a designated period and have received honorable discharge are eligible for a reduction in their property taxes.

Please note that the specific eligibility criteria, amount of exemption, and application process vary according to Indiana state law. It’s essential to verify your eligibility with the Delaware County Assessor's Office or visit their website for detailed information on these exemptions and the application process.

Payment Schedule & Deadlines

Understanding payment deadlines is crucial to avoid late fees and penalties. * **Deadline:** The property tax deadline for each year in Delaware County varies but typically falls in November (or as specified by your taxing districts). * **Installment Options:** You can make payments in installments if the initial due date poses a financial challenge. You should check with the county treasurer's office for payment options and deadlines. * **Late Payment Consequences:** Failure to pay your property taxes on time may result in penalties, interest fees, and even a lien placed on your property.

Appealing Your Assessment

If you believe your property assessment is incorrect, you can appeal it to the Delaware County Board of Appeals. Here's how:

• Obtain Appeal Forms: You can find the necessary forms for an assessment appeal on the Delaware County Assessor’s website or contact their office directly.
• Submit your Appeal: The completed appeal form should be submitted to the Delaware County Board of Appeals with any supporting documentation you may have to support your claim (e.g., comparable property sales, recent renovations).
• Hearing and Decision: The Board will schedule a hearing and review your appeal along with relevant information provided by other parties. A final decision on your assessment is made after the hearing.

By following these guidelines, you can better understand property taxes in Delaware County, maximize tax savings where applicable, and ensure timely payment to avoid penalties. For specific information and assistance, always refer to the county's website or contact their offices directly.