Q: When are property taxes due in Boone County for 2025?
A: Property taxes are due in two equal installments on May 10, 2025 and November 10, 2025, as established by Indiana Code 6-1.1-22-9(a).
Q: What homestead tax credit is available and how do I apply?
A: The Standard Homestead Deduction provides a $49,100 reduction in assessed value for qualifying primary residences. You must file Form 136 with the County Assessor by April 1st annually. This is not automatic and requires application.
Q: How does the homestead deduction work?
A: The homestead deduction reduces your assessed value by $49,100, which lowers your taxable amount. It does not cap assessment increases - it simply provides a flat deduction from your home's assessed value each year you qualify.
Q: Are there other tax credits available that require application?
A: Yes, including credits for disabled veterans, senior citizens (age 65+), and disabled persons. Each requires separate application with specific forms and deadlines. Contact the Boone County Assessor at (765) 482-3510 for eligibility requirements and applications.
Q: How often are properties reassessed in Boone County?
A: Indiana law requires annual updates to assessments, though comprehensive reappraisals typically occur every 4-6 years. The County Assessor reviews market trends and adjusts values annually based on sales data and other market indicators.
Q: How do I appeal my property assessment?
A: File a petition with the Boone County Property Tax Assessment Board of Appeals by the deadline stated on your assessment notice (typically 45 days). If unsatisfied, you can appeal to the Indiana Board of Tax Review.
Q: What is the penalty for late property tax payments?
A: Indiana law imposes a 10% penalty on unpaid taxes after the due date, plus interest. Additional penalties may apply for severely delinquent payments that could lead to tax sale proceedings.
Q: Can I pay property taxes online?
A: Yes, Boone County offers online payment options through their official website. Contact the Boone County Treasurer's office at (765) 482-3040 for current online payment portal information and accepted payment methods.
Q: Why does my tax rate differ from my neighbor's?
A: Tax rates vary based on the specific combination of taxing districts serving your property, including school corporation, library district, fire department, and municipal services. Properties in different districts or municipalities will have different total tax rates.
Q: What triggers a supplemental tax bill?
A: Supplemental taxes are issued for property transfers, new construction completion, major improvements, or assessment corrections discovered after the main tax roll is finalized. These bills are prorated for the affected portion of the tax year.
