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Updated 2025 Tax Year

Henry County
Property Tax Guide

Everything you need to know about property taxes in Henry County, IN. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
15.733 mills base rate for unincorporated areas (varies by taxing district combinations)
1st Due
May 10
2nd Due
Nov 10
Exemptions
5+ Available
Section 1

How Property Tax Works

Henry County, Indiana operates on a property tax system that funds essential local services including schools, county government operations, emergency services, and infrastructure maintenance. Property taxes are calculated using a millage rate system, where rates are expressed in mills (one mill equals $1 per $1,000 of assessed value). The county's property tax system is administered by the Henry County Assessor's Office and collected by the Henry County Treasurer.

The effective tax rate in Henry County varies by location within the county due to different combinations of taxing districts. For 2025, the base county rate is 15.733 mills for unincorporated areas, though residents may pay additional amounts depending on their local school district, township, and any special taxing districts such as library districts or fire protection districts. Property owners should expect their actual tax rate to differ based on their specific location and the overlay of various taxing jurisdictions that serve their area.

Section 2

What Makes Up Your Tax Bill

ComponentRate (Mills)Description
County General4.856Basic county operations and services
County Cumulative Bridge0.489Bridge maintenance and construction
County Health0.125Public health services
School Corporation8.750Local school district operations (varies by district)
Township1.200Township-level services (varies by township)
Library District0.313Public library services (where applicable)
Total Base Rate15.733For unincorporated areas in FY 2025-2026

Note: Actual rates vary significantly by location within Henry County depending on which school district, township, and special taxing districts serve your property. Municipal areas will have different rate structures. The school portion noted above represents an average, as individual school districts may have different approved rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Henry County, property taxes are due in two installments:

First Installment
May 10
Delinquent after Dec 10
Second Installment
Nov 10
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Henry County are additional tax bills issued when there are mid-year changes to a property's assessed value or ownership status. Common triggers include new construction completion, property improvements that increase value, ownership transfers that trigger reassessment, or corrections to the original assessment. These supplemental bills cover the tax difference from the effective date of the change through the end of the current tax year.

For example, if you complete a $50,000 home addition in July and it increases your assessed value by $50,000, you would receive a supplemental tax bill for the additional taxes owed from July through the following April. Using Henry County's rate of approximately 15.733 mills, this would result in an additional $786.65 in annual taxes, prorated for the months remaining in the tax year (approximately $393 for a July completion date).

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Standard Homestead Deduction: -$45,000 (requires application)
  • Net Taxable Value: $255,000
  • Tax Rate: 15.733 mills
  • Annual Tax: $4,012
  • Monthly Escrow: $334

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Standard Homestead Deduction: -$45,000 (requires application)
  • Net Taxable Value: $555,000
  • Tax Rate: 15.733 mills
  • Annual Tax: $8,732
  • Monthly Escrow: $728

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Standard Homestead Deduction: -$45,000 (requires application)
  • Net Taxable Value: $955,000
  • Tax Rate: 15.733 mills
  • Annual Tax: $15,025
  • Monthly Escrow: $1,252

Note: All deductions require application and approval. Additional credits may be available for seniors, veterans, or disabled homeowners but must be applied for separately.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Henry County require borrowers to maintain an escrow account for property tax payments. The lender collects monthly payments equal to 1/12 of your annual property tax bill and pays the county directly when taxes are due. Henry County property taxes are paid in two installments due May 10th and November 10th each year, so your lender will typically make two payments annually from your escrow account.

Your lender will conduct an annual escrow analysis to ensure adequate funds are collected. If property taxes increase due to rate changes or assessment increases, your monthly mortgage payment may increase to accommodate the higher tax obligation. Property owners should verify that their lender is making timely payments to avoid late penalties, and you can check payment status through the Henry County Treasurer's office. Always retain copies of your tax bills and escrow statements for your records.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
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Section 6

Frequently Asked Questions

Q: When are property taxes due in Henry County? A: Property taxes for FY 2025-2026 are due in two installments: May 10, 2026 and November 10, 2026. Payments should be made to Henry County Treasurer, PO Box 1258.

Q: What is the Homestead Deduction and do I need to apply? A: The Homestead Deduction provides a $45,000 reduction in assessed value for qualifying homeowners. You must live in the property on March 1st of the filing year and it must be your principal residence. This is NOT automatic - you must apply through the Henry County Assessor's office.

Q: Are there other tax credits available? A: Yes, Indiana offers various credits including Senior Citizens Deduction, Disabled Veterans Exemption, and Blind/Disabled Persons Deduction. All require separate applications with specific eligibility requirements and documentation.

Q: How often are properties reassessed in Henry County? A: Indiana law requires annual adjustments to assessments, with comprehensive reassessments conducted periodically. The County Assessor's office reviews market data annually to ensure assessments reflect current market conditions.

Q: What happens if I pay my taxes late? A: Late payments incur penalties and interest. Contact the Henry County Treasurer's office immediately if you cannot make the due date to discuss payment options and understand penalty calculations.

Q: Can I pay my property taxes online? A: Contact the Henry County Treasurer's office at the address above to inquire about current online payment options and accepted payment methods.

Q: Why is my tax rate different from my neighbor's? A: Tax rates vary within Henry County based on the combination of taxing districts that serve your property. School district boundaries, township lines, and special districts (libraries, fire protection) create different rate combinations across the county.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Henry County Property Tax Assessment Board of Appeals. Specific deadlines and forms are available through the County Assessor's office. Appeals typically must be filed within specified timeframes after assessment notices are mailed.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Tax Doc
NOTICE OF PROPERTY TAX INCREASEdes.henry.k12.ga.us
02
County
Henry County Board of Supervisors Minutes April 22 , 2025 – 3: ...henrycountyva.gov
03
County
Henry County Commissioners approved the 2025 Millage ...henrycountyga.gov
04
Treasurer's Officehenrycounty.in.gov
05
Tax Doc
DLGF: Property Tax Due Datesin.gov
06
County
Henry County, IN | Official Websitehenrycounty.in.gov
07
County
Homestead Exemption | Henry County, GA - Official Websitehenrycountyga.gov
08
Auditor's Officehenrycounty.in.gov
09
FAQs • I already receive the homestead exemption. Do I havehenrycountyohio.gov
10
County
Henry County: Property Tax Calculation - Treasurertreasurer.henrycounty33.us
All sources verified as of 2025 Tax Year

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