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Updated 2025 Tax Year

Howard County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
Approximately $3.02 per $100 assessed value (0.301711% effective rate), varies by taxing district and location
1st Due
May 10
2nd Due
Nov 10
Exemptions
5+ Available
Section 1

How Property Tax Works

Howard County, Indiana operates on a property tax system that funds essential local services including schools, public safety, infrastructure, and county operations. Property taxes are assessed annually based on the assessed value of real estate and are collected in two installments each year. The county's effective tax rate is approximately $3.02 per $100 of assessed value (0.301711%), though this represents a composite rate that varies significantly by location within the county.

The actual tax rate you pay depends on your specific location within Howard County, as different areas fall under various special taxing districts including school corporations, townships, libraries, and municipal services. For example, properties in Kokomo may have different rates than those in rural areas due to additional municipal levies. The county assesses property at 100% of its true tax value, with assessment reviews conducted on a regular cycle to ensure current market valuations.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Percentage of TotalDescription
Howard County$0.5792015.19%Basic county services, infrastructure, administration
Center Township$0.099802.62%Township-level services and maintenance
School DistrictVaries~60-70%Local school corporation funding
Municipal/CityVariesVariableCity services (where applicable)
Library DistrictVaries~2-4%Public library system funding
Other DistrictsVariesVariableFire protection, parks, special assessments

Total Composite Rate: $3.01711 per $100 of assessed value

Note: These rates apply to the 2024 assessment year (pay 2025). Rates vary significantly by specific taxing district location within Howard County. Contact the Howard County Assessor for your exact rate based on your property's taxing districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Howard 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 Howard County are triggered by specific events that change property ownership or value during the tax year. The most common triggers include property sales, new construction completion, major improvements, or property splits/combinations. When these events occur, the county assessor determines if the property's assessed value should be adjusted mid-year.

The supplemental tax calculation is based on the difference between the old and new assessed values, multiplied by the applicable tax rate, and prorated for the remaining months in the fiscal year. For example, if a property's assessed value increases from $200,000 to $250,000 due to completed renovations in September, the supplemental tax would be calculated on the $50,000 increase for the remaining months of the tax year. These supplemental bills are typically issued within 60-90 days of the triggering event and have separate due dates from regular property tax installments.

Example Calculation

Property Value: $300,000

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applicable): ~$45,000 assessed value reduction
  • Net Taxable Value: $255,000
  • Annual Tax: $255,000 ÷ 100 × $3.01711 = $2,694
  • Monthly Escrow: $224

Property Value: $600,000

  • Assessed Value: $600,000
  • Less: Homestead Credit (if applicable): ~$45,000 assessed value reduction
  • Net Taxable Value: $555,000
  • Annual Tax: $555,000 ÷ 100 × $3.01711 = $5,544
  • Monthly Escrow: $462

Property Value: $1,000,000

  • Assessed Value: $1,000,000
  • Less: Homestead Credit (if applicable): ~$45,000 assessed value reduction
  • Net Taxable Value: $955,000
  • Annual Tax: $955,000 ÷ 100 × $3.01711 = $10,113
  • Monthly Escrow: $843

Note: Homestead and other credits require annual application and are not automatically applied. Actual credits may vary based on income and other qualifying factors.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Howard County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly escrow payments equal to 1/12th of your annual property tax bill, plus any required reserves. These funds are held in a separate account and used to pay your property taxes when due on May 10th and November 10th of each year.

Lenders are required to provide annual escrow statements showing collections, payments, and any surplus or shortage. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment will be adjusted accordingly. You can request to pay your own property taxes if you have sufficient equity in your home, but this requires lender approval and typically involves removing the escrow requirement from your loan. Property owners who pay directly receive tax bills from the Howard County Treasurer and are responsible for meeting the May and November deadlines to avoid penalties.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Howard County property taxes due for 2025? A: Property taxes are due in two installments: May 12, 2025, and November 10, 2025. Payments are made to the Howard County Treasurer's office.

Q: What tax credits are available and do I need to apply? A: The primary credits include the Homestead Deduction and Supplemental Homestead Deduction for qualifying Indiana residents. These credits REQUIRE APPLICATION and are not automatic. The Homestead credit must be filed on your primary residence only and helps limit assessment increases rather than reducing market value.

Q: How does the Homestead credit work? A: The Homestead credit caps annual assessment increases and provides a deduction on assessed value for qualifying primary residences. You must be an Indiana resident and file an application with the Howard County Assessor. This is a tax credit that reduces your tax bill, not an exemption that reduces assessed value.

Q: Can I pay my property taxes online? A: Yes, Howard County accepts online payments through MuniciPay. There is a $1.00 convenience fee for e-check transactions and 2.35% ($2.00 minimum) for debit and credit card transactions.

Q: What happens if I pay late? A: Late payments incur penalties and interest charges. After the due dates, additional fees and potential tax sale proceedings may occur for delinquent accounts.

Q: How often are properties reassessed? A: Howard County conducts property assessments on a regular cycle. Property owners receive assessment notices and have the right to appeal assessed values through the county's appeal process.

Q: Do different areas of Howard County have different tax rates? A: Yes, tax rates vary significantly based on your location within special taxing districts including school corporations, townships, municipalities, and other special districts like libraries and fire protection.

Q: Are partial payments accepted? A: Yes, the Howard County Treasurer's Office accepts partial payments to help property owners manage their tax obligations throughout the year.

Q: What income limits apply for supplemental homestead credits? A: Supplemental homestead credits are based on total household income from the previous tax year before deductions, as well as retirement account balances. Contact the Howard County Assessor for current income thresholds and application requirements.

Q: How do I apply for available tax credits? A: Contact the Howard County Assessor's office directly for application forms and deadlines. Most credits require annual filing and have specific qualification requirements that must be met.

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