Property Tax Analysis for Franklin County, IN
Property tax rates, assessment ratios, and appeal potential in Franklin County.
Effective Tax Rate
0.7%
Annual Tax Bill
$1,345
Monthly Escrow
$112
Tax Burden
1.8% of income
Tax Assessment Details
Current Assessment
Market Value$200,700
Est. Assessed Value$170,595
Assessment Ratio~85%
Effective Rate0.7%
Appeal Potential
Potential Annual Savings$202
5-Year Savings$1,010
vs National Averagebelow (1.1%)
Appeal Success Rate~40-60%
About Property Taxes in Franklin County
Franklin County in Indiana has an effective property tax rate of 0.7%, which is below the national average of 1.1%. On a median home value of $200,700, that translates to $1,345 annually or $112 per month in escrow.
Property tax assessments can often be successfully appealed. Our calculator models assessment ratios, comparable sales analysis, and appeal timing to estimate your potential savings with Monte Carlo simulation.
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