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Updated 2025 Tax Year

Pike County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
1.12% effective rate (varies by taxing district combination)
1st Due
May 10
2nd Due
Nov 10
Exemptions
5+ Available
Section 1

How Property Tax Works

Pike County, Indiana operates under the state's property tax system to fund essential local services including schools, county government operations, townships, and special districts. Property taxes in Pike County are assessed annually based on the assessed value of real estate and personal property, with the tax rate varying by location within the county depending on which taxing districts serve each property.

The effective tax rate in Pike County for 2024 was approximately 1.12%, though this varies significantly based on your specific location and the combination of taxing districts that serve your property. These districts can include the county, township, school corporation, and various special service districts. Property owners should note that most tax credits and exemptions require annual application and are not automatically applied to your tax bill.

Section 2

What Makes Up Your Tax Bill

Based on 2024 levy rates (rates for 2025 are pending finalization as of December 2024):

ComponentRatePercentage of TotalDescription
Pike County0.011201041.94%County government operations, services
Patoka Township0.00035701.34%Township services (example district)
Pike County School Corporation0.011640043.58%Public school funding
Additional DistrictsVaries~13%Fire, library, other special districts

Total Combined Rate: ~0.0267 (varies by specific taxing districts in your area)

Note: These rates apply to the 2024 tax year. Rates vary throughout Pike County based on your specific combination of taxing districts. The 2025 budget order was issued December 10, 2024, with final rates pending.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Pike 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 Pike County are additional property tax bills issued when there are mid-year changes to property ownership, new construction completion, or significant property improvements. These taxes cover the period from when the change occurred until the end of the current tax year.

Supplemental taxes are calculated by determining the difference between the old assessed value and new assessed value, then applying the current tax rate to that difference, prorated for the remaining months in the tax year. For example, if you complete a $100,000 home addition in March, you would receive a supplemental tax bill covering April through the following March based on the increased assessed value of your property.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applied for): Caps assessment increases
  • Net Taxable Value: $300,000
  • Annual Tax (at 1.12%): $3,360
  • Monthly Escrow: $280

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Less: Homestead Credit (if applied for): Caps assessment increases
  • Net Taxable Value: $600,000
  • Annual Tax (at 1.12%): $6,720
  • Monthly Escrow: $560

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Available Credits (if applied for): Varies
  • Net Taxable Value: $1,000,000
  • Annual Tax (at 1.12%): $11,200
  • Monthly Escrow: $933

Note: All tax credits require application through the Pike County Assessor's Office. Homestead credits limit annual assessment increases rather than reducing market value.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Pike County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly escrow payments along with your mortgage payment and pays your property taxes directly to Pike County on the May 10 and November 10 due dates.

Lenders typically collect 1/12th of your estimated annual property tax bill each month, plus a buffer amount to ensure sufficient funds. After paying your taxes, lenders must provide an annual escrow analysis showing collected amounts versus actual tax bills paid. If you have an escrow shortage, you can typically pay the difference in a lump sum or spread it over 12 months. Property owners should verify that their lender pays taxes on time, as you remain ultimately responsible for timely payment even when using escrow.

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 Pike County property taxes due? A: Property taxes are due May 10, 2026 and November 10, 2026 for the current tax year. Payments are made to the Pike County Treasurer.

Q: What tax credits are available and do I need to apply? A: Pike County offers various tax credits including Homestead, Senior, Disabled, and others. All credits require annual application through the Pike County Assessor's Office and are NOT automatically applied.

Q: How does the Homestead credit work? A: The Homestead credit limits annual assessment increases on your primary residence rather than reducing the market value. You must file an application to receive this benefit.

Q: How often are properties reassessed in Pike County? A: Indiana law requires annual reassessment of all properties. Pike County updates assessments yearly based on market conditions and property changes.

Q: What are the penalties for late payment? A: Late payments incur penalties and interest charges. Contact the Pike County Treasurer's office for current penalty rates and payment options.

Q: Can I pay my property taxes online? A: Contact the Pike County Treasurer's office for available online payment options and accepted payment methods.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Pike County Assessor's office within specified deadlines. Contact their office for current appeal procedures and deadlines.

Q: Why do tax rates vary within Pike County? A: Tax rates depend on your specific combination of taxing districts (township, school district, fire district, library district, etc.), which vary by location within the county.

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