2007 Property Tax Rates: Putnam County, IN

Summary
Statistics		 Gross Rate Net Rate
Putnam County The State Putnam County The State
Highest3.1755 8.3447 2.5298 6.7507
Lowest1.8396 0.9065 1.2947 0.6181
Median2.47 2.45 1.83 1.86
Putnam County Detail Gross Rate State Property Tax Replacement Credit Net Rate
District Name Rate Rank Rate Rank Rate Rank
001 CLINTON TOWNSHIP 1.8831 1695 29.4831 181 1.3279 1726
002 CLOVERDALE TOWNSHIP 2.4900 918 16.9148 1924 2.0688 674
003 CLOVERDALE TOWN-CLOVERDALE TOW 2.7855 584 17.1209 1918 2.3086 448
004 FLOYD TOWNSHIP 1.8497 1722 29.5118 178 1.3038 1759
005 FRANKLIN TOWNSHIP 1.8700 1703 30.2178 107 1.3049 1757
006 ROACHDALE TOWN 2.4540 976 28.0755 321 1.7650 1153
007 GREENCASTLE TOWNSHIP 2.3063 1219 24.5263 960 1.7406 1185
008 GREENCASTLE CITY 2.9903 439 22.8607 1337 2.3067 451
009 JACKSON TOWNSHIP 1.8684 1704 29.8583 149 1.3105 1751
010 JEFFERSON TOWNSHIP 2.8886 514 20.4701 1726 2.2973 459
011 MADISON TOWNSHIP 2.3605 1139 24.1208 1043 1.7911 1105
012 MARION TOWNSHIP 2.8699 528 20.6061 1707 2.2785 477
013 MONROE TOWNSHIP 1.8720 1701 29.6970 158 1.3161 1741
014 BAINBRIDGE TOWN 2.5331 847 26.5096 553 1.8616 971
015 RUSSELL TOWNSHIP 1.8396 1734 29.6208 165 1.2947 1773
016 RUSSELLVILLE TOWN 2.1920 1361 28.7615 232 1.5615 1458
017 WARREN TOWNSHIP 2.8719 526 20.5836 1710 2.2808 475
018 CLOVERDALE TOWN-WARREN TOWNSHI 3.1755 331 20.3353 1740 2.5298 289
019 WASHINGTON TOWNSHIP 2.8764 520 20.5154 1717 2.2863 468
020 FILLMORE TOWN 3.0792 381 21.0691 1666 2.4304 348

Notes

  1. With the 2002 reassessment, Indiana changed from "true tax value" to "market based value". As a result, rates will vary significantly from previous years. This does not necessarily indicate significant changes in taxes levied.
  2. Ranks are among 1,967 taxing districts so far reported.
  3. SPTRC is State Property Tax Replacement Credit.
  4. Net rate is derived as follows: multiply state property tax replacement factor (SPTRC) by .01, subtract this number from 1; multiply gross rate by the result.
  5. The replacement factor determines by how much money the tax bill is lowered by fund transfers from the State of Indiana.
  6. Net rate does not reflect possible homestead, special case, or county-specific credits.
  7. The source agency for these rates is the Indiana Department of Local Government Finance and specific tax related questions should be addressed to their office.

File produced: May 22, 2009

Source: Indiana Department of Local Government Finance
Data organized and made accessible by the Indiana Business Research Center at Indiana University's Kelley School of Business via STATS Indiana.