2008 Property Tax Rates: Putnam County, IN

Summary
Statistics
Gross Rate Net Rate
Putnam County The State Putnam County The State
Highest2.802 9.1913 2.2539 7.7082
Lowest1.6657 0.9361 1.2046 0.6636
Median2.3 2.38 1.72 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 1.7128 1708 27.4174 113 1.2432 1712
002 CLOVERDALE TOWNSHIP 2.3704 921 18.2175 1629 1.9386 788
003 CLOVERDALE TOWN-CLOVERDALE TOW 2.6763 566 18.0321 1647 2.1937 500
004 FLOYD TOWNSHIP 1.6772 1731 27.5194 107 1.2156 1736
005 FRANKLIN TOWNSHIP 1.6963 1719 28.0810 74 1.2200 1730
006 ROACHDALE TOWN 2.2795 1074 25.6587 300 1.6946 1189
007 GREENCASTLE TOWNSHIP 1.8424 1603 25.0514 372 1.3809 1599
008 GREENCASTLE CITY 2.4587 808 22.7805 786 1.8986 854
009 JACKSON TOWNSHIP 1.6812 1728 27.9018 86 1.2121 1739
010 JEFFERSON TOWNSHIP 2.4961 771 19.9339 1399 1.9985 727
011 MADISON TOWNSHIP 1.8945 1549 24.5004 457 1.4303 1559
012 MARION TOWNSHIP 2.4843 790 20.0552 1380 1.9861 736
013 MONROE TOWNSHIP 1.7034 1716 27.5872 100 1.2335 1725
014 BAINBRIDGE TOWN 2.3105 1028 24.3949 483 1.7469 1095
015 RUSSELL TOWNSHIP 1.6657 1734 27.6829 93 1.2046 1742
016 RUSSELLVILLE TOWN 2.0193 1441 26.5462 180 1.4833 1504
017 WARREN TOWNSHIP 2.4865 785 20.0331 1383 1.9884 732
018 CLOVERDALE TOWN-WARREN TOWNSHI 2.8020 468 19.5606 1473 2.2539 440
019 WASHINGTON TOWNSHIP 2.5019 756 19.8762 1406 2.0046 721
020 FILLMORE TOWN 2.6929 549 20.3063 1337 2.1461 542

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 1,822 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: Apr 7, 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.