Q: When are property taxes due in Fountain County for 2025?
A: Property taxes are due in two installments for Fiscal Year 2025: first installment by January 10, 2025, and second installment by May 31, 2025. No penalty applies if paid by these dates.
Q: What tax credits are available and how do I apply?
A: Available tax credits include the Standard Homestead Credit (reduces taxable value), Senior Citizens Credit (age 65+), Disabled Veterans Credit, and Over-65 Credit. All credits require annual application through the Fountain County Auditor's office by May 1st deadline.
Q: How does the Homestead Credit work?
A: The Homestead Credit caps the annual increase in assessed value for your primary residence at 10% or 5% in certain circumstances. This credit limits assessment growth but does not reduce the actual market value. You must file Form 43902 annually to maintain this protection.
Q: What happens if I pay my taxes late?
A: A 10% penalty is added to any unpaid balance after the due dates. Additional interest may accrue monthly on unpaid balances. Continued non-payment may result in tax sale proceedings.
Q: How often are properties reassessed in Fountain County?
A: Properties are subject to annual assessment updates, with comprehensive reassessments typically conducted every 4-6 years. The County Assessor reviews sales data and market trends to adjust assessed values annually.
Q: Can I appeal my property assessment?
A: Yes, property owners may appeal assessments to the County Property Tax Assessment Board of Appeals by June 15th following the assessment date. Appeals must include evidence supporting your claimed value.
Q: Can I pay property taxes online?
A: Yes, Fountain County offers online payment options through the County Treasurer's website. Credit card payments may include processing fees, while e-check payments typically have lower fees.
Q: How do special taxing districts affect my tax rate?
A: Your total tax rate depends on all taxing districts where your property is located, including school corporation, fire district, library district, and municipal boundaries. The County Auditor can provide your property's specific district combination and total rate.
Q: What if I disagree with a supplemental tax assessment?
A: Supplemental assessments may be appealed using the same process as regular assessments. Contact the County Assessor's office within 45 days of receiving the supplemental bill to discuss appeal options.
Q: Are there tax credits available for agricultural or forest land?
A: Yes, qualified agricultural and forest lands may receive preferential assessment rates. Applications must be filed with the County Auditor, and the land must meet specific use requirements to maintain eligibility.