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Updated 2025 Tax Year

Marshall County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
0.47% - 0.90% (varies by property type and taxing districts)
1st Due
May 10
2nd Due
Nov 10
Exemptions
5+ Available
Section 1

How Property Tax Works

Marshall County, Indiana operates on a property tax system that funds essential local services including schools, county government operations, libraries, fire protection, and other municipal services. Property taxes are assessed annually based on the assessed value of real estate and personal property, with tax rates varying significantly by location within the county due to different combinations of special taxing districts.

The effective tax rates in Marshall County for the 2025 tax year range from approximately 0.47% for residential properties to 0.90% for commercial and industrial properties. However, your actual tax rate depends on which school district, township, library district, and other special taxing units serve your specific property location. Most property tax credits and exemptions require separate applications and are not automatically applied to your tax bill.

Property owners should note that Marshall County uses a semi-annual payment system, with taxes typically due in May and November each year. The county assessor determines assessed values, while the county auditor calculates tax bills based on rates set by various local taxing units.

Section 2

What Makes Up Your Tax Bill

Component2025 Rate RangeDescription
Residential Base0.474316Standard rate for owner-occupied and rental residential properties
Agricultural0.738575Rate for qualified agricultural and forest land
Commercial0.900000Rate for retail, office, and other commercial properties
Industrial0.900000Rate for manufacturing and industrial properties
School DistrictsVariesAdditional levies for local school corporations
Township/MunicipalVariesFire protection, road maintenance, municipal services
Library DistrictsVariesPublic library operational funding
Special AssessmentsVariesEconomic development, drainage, other special districts

These rates apply to the 2025 levy year and vary by specific location within Marshall County. Your actual tax rate is the sum of all taxing units that serve your property address. Contact the Marshall County Auditor's office at (574) 936-8922 for your specific tax rate calculation.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Marshall 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 taxes in Marshall County are additional property tax assessments that occur when there are changes to property ownership, improvements, or corrections to the original assessment during the tax year. The most common triggers include new construction completion, property ownership transfers that remove exemptions, or assessment corrections discovered after the original tax bills were issued.

Supplemental taxes are calculated by applying the current year's tax rate to the change in assessed value, prorated for the portion of the tax year remaining. For example, if you complete a $100,000 home addition in July and your local tax rate is 1.2%, you would owe approximately $600 in supplemental taxes (($100,000 × 0.012) × 6/12 months remaining).

Supplemental tax bills are typically issued within 60 days of the triggering event and become due 30 days from the bill date. These taxes are separate from your regular May and November payments and must be paid directly to the Marshall County Treasurer's office.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Standard Deduction (if applicable): $0
  • Net Taxable Value: $300,000
  • Tax Rate (residential): 0.474316%
  • Annual Tax: $1,423
  • Monthly Escrow: $119

Example 2: $600,000 Home with Homestead Credit

  • Assessed Value: $600,000
  • Homestead Credit Benefit: (caps assessment increases)
  • Net Taxable Value: $600,000
  • Tax Rate (residential): 0.474316%
  • Annual Tax: $2,846
  • Monthly Escrow: $237

Example 3: $1,000,000 Commercial Property

  • Assessed Value: $1,000,000
  • Applicable Credits: $0 (most credits don't apply to commercial)
  • Net Taxable Value: $1,000,000
  • Tax Rate (commercial): 0.900000%
  • Annual Tax: $9,000
  • Monthly Escrow: $750

Note: These calculations use base rates only. Actual rates include additional local levies and vary by property location. Most tax credits require separate applications and are not automatically applied.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Marshall County require borrowers to maintain an escrow account for property tax payments. Your lender collects monthly escrow payments equal to 1/12 of your annual property tax bill, plus any required reserve amounts. The lender then pays your property taxes directly to the Marshall County Treasurer on the May 10th and November 10th due dates each year.

Lenders typically conduct annual escrow analyses to ensure adequate funds are collected. If property taxes increase due to assessment changes or rate increases, your monthly escrow payment will be adjusted accordingly. You'll receive an escrow analysis statement showing any shortage that must be paid over 12 months, or any surplus that will be refunded or credited to future payments.

Property owners can verify that their lender has made timely tax payments by checking with the Marshall County Treasurer's office or accessing online payment records. If you don't have an escrow account, you're responsible for making direct payments to the county by the May and November deadlines to avoid late penalties and potential tax sale proceedings.

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 property taxes due in Marshall County for 2025? A: Property taxes are due on May 12, 2025, and November 10, 2025, based on current information. Payment dates may vary slightly each year, so verify current due dates with the Marshall County Treasurer.

Q: What homestead tax credits are available and how do I apply? A: The Homestead Standard Deduction caps assessment increases and must be filed with the County Auditor. This credit limits how much your assessment can increase year-over-year but doesn't reduce market value. Applications are required and aren't automatic.

Q: Are there other tax credits available that require applications? A: Yes, Indiana offers various credits including Over-65 Deduction, Disabled Veterans Deduction, and others. All require separate applications filed with the County Auditor by specific deadlines. Contact the Marshall County Auditor at (574) 936-8922 for available credits and application deadlines.

Q: How often are properties reassessed in Marshall County? A: Properties are subject to annual assessment updates, with comprehensive reassessments occurring periodically. The County Assessor reviews market data annually to ensure assessments reflect current market values.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the County Assessor first, then may proceed to the County Property Tax Assessment Board of Appeals if unresolved. Specific deadlines apply and are typically within 45 days of assessment notice.

Q: What are the penalties for late property tax payments? A: Late payments incur penalties and interest charges. Properties with delinquent taxes for multiple years may be subject to tax sale proceedings. Contact the County Treasurer for specific penalty rates and collection procedures.

Q: Can I pay property taxes online in Marshall County? A: Contact the Marshall County Treasurer's office at (574) 936-8985 to inquire about online payment options and accepted payment methods.

Q: How do special taxing districts affect my tax rate? A: Your property may be located in multiple special districts (school, library, fire, etc.), each with separate tax rates. The combination of all applicable district rates determines your total property tax rate, which is why rates vary by location within the county.

Q: What happens if I disagree with special district taxes on my bill? A: Special district taxes are set by the governing boards of each taxing unit. Contact the specific district directly with questions about their portion of your tax bill, or the County Auditor for clarification on which districts apply to your property.

Q: Do I need to reapply for tax credits every year? A: Most tax credits require initial application only and renew automatically as long as you remain eligible. However, you must notify the County Auditor of any changes in eligibility status, such as no longer using the property as your primary residence for homestead credits.

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