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Updated 2025 Tax Year

Newton County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
0.6227% 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

Newton County, Indiana operates under a property tax system that funds essential local services including schools, libraries, public safety, and county operations. Property taxes are administered by the Newton County Assessor and collected by the County Treasurer, with funds distributed to various taxing units throughout the county.

The effective property tax rate for Newton County is approximately 0.6227% for the 2025 levy year, though actual rates vary significantly by location within the county due to special taxing districts. Property owners may be subject to additional assessments from school corporations, library districts, and other local government units depending on their specific address. The Indiana property tax system allows for various tax credits that can reduce your final tax bill, but most require separate applications and are not automatically applied.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County GeneralVariableBasic county services and operations
School CorporationVariableLocal school district funding
TownshipVariableTownship-level services
Newton County Public Library0.0009610Library services county-wide
Special DistrictsVariableFire, drainage, and other local districts
Total Estimated Rate0.6227%Combined rate for FY 2025

Note: These rates apply to the 2025 levy year and vary by specific location within Newton County. Properties in different townships, school districts, and special taxing units will have different total rates. Contact the Newton County Assessor for your exact rate breakdown.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Newton 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 Newton County are additional property tax assessments that occur when there are changes to a property's assessed value during the tax year. Common triggers include new construction, completed renovations, change of ownership that removes agricultural exemptions, or corrections to the original assessment.

When supplemental taxes are issued, they are calculated based on the difference between the old and new assessed values, multiplied by the applicable tax rate, and prorated for the remaining portion of the tax year. For example, if a $100,000 addition is completed in July and added to the assessment roll, the supplemental tax would be calculated on that $100,000 increase for the remaining months of the tax year at the property's total tax rate.

Example Calculation

Example 1: $300,000 Property

  • Assessed Value: $300,000
  • Less: Homestead Tax Credit (if applied): -$45,000 typical credit
  • Net Taxable Value: $255,000
  • Annual Tax ($255,000 × 0.6227%): $1,588
  • Monthly Escrow: $132

Example 2: $600,000 Property

  • Assessed Value: $600,000
  • Less: Homestead Tax Credit (if applied): -$45,000 typical credit
  • Net Taxable Value: $555,000
  • Annual Tax ($555,000 × 0.6227%): $3,456
  • Monthly Escrow: $288

Example 3: $1,000,000 Property

  • Assessed Value: $1,000,000
  • Less: Homestead Tax Credit (if applied): -$45,000 typical credit
  • Net Taxable Value: $955,000
  • Annual Tax ($955,000 × 0.6227%): $5,947
  • Monthly Escrow: $496

Note: Tax credits shown require separate applications and approval. Actual credits may vary based on individual circumstances and application approval.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Newton County require borrowers to maintain an escrow account for property tax payments. Your lender will estimate your annual property tax liability and collect 1/12 of that amount with each monthly mortgage payment. The lender then pays your property taxes directly to the Newton County Treasurer on the May 10 and November 10 due dates.

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 may be adjusted. Property owners should verify that their lender is making timely payments, as the property owner remains ultimately responsible for tax payments even when using escrow services. You can confirm payments through the Newton County Treasurer's online portal or by contacting their office directly.

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 Newton County? A: Property taxes for the current year are due May 10, 2026, and November 10, 2026. Payments can be made in two equal installments on these dates.

Q: What tax credits are available and how do I apply? A: The primary credit is the Homestead Tax Credit, which limits assessment increases on primary residences. This requires a separate application filed with the Newton County Assessor by April 1. Additional credits may be available for seniors, veterans, and disabled persons - all requiring individual applications.

Q: How does the Homestead Credit work? A: The Homestead Credit caps the annual increase in your home's assessed value, typically limiting growth to help manage tax burden increases. It does NOT reduce your home's market value but provides tax relief by controlling assessment growth. You must file an application to receive this credit.

Q: When are properties reassessed? A: Indiana conducts annual reassessments, with values updated each year. Property owners receive assessment notices and have the right to appeal if they believe the assessed value is incorrect.

Q: What are the penalties for late payment? A: Late payments incur penalties and interest charges. Contact the Newton County Treasurer for specific penalty rates and procedures.

Q: Can I pay property taxes online? A: Yes, Newton County typically offers online payment options through the County Treasurer's website. Contact the Treasurer's office for current online payment procedures.

Q: Why do tax rates vary within Newton County? A: Tax rates differ based on which taxing units serve your property, including school districts, townships, library districts, and special service districts like fire protection or drainage districts.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Newton County Property Tax Assessment Board of Appeals within specified deadlines after receiving your assessment notice. Contact the County Assessor's office for appeal forms and procedures.

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