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Updated 2025 Tax Year

Steuben County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
Approximately 1.20% of assessed value countywide (varies by taxing district)
Exemptions
5+ Available
Section 1

How Property Tax Works

Steuben County, Indiana operates under the state's property tax system to fund essential local services including schools, public safety, infrastructure maintenance, and county government operations. Property taxes are calculated based on assessed value multiplied by local tax rates, with the combined rate for 2025 at approximately 1.20% of assessed value countywide.

Property tax rates in Steuben County vary by location due to different combinations of taxing districts including townships, school districts, fire districts, and other special assessments. The county assesses properties annually, with taxes paid in two installments. Property owners may be eligible for various tax credits that can reduce their tax liability, though most require formal application and are not automatically applied.

Section 2

What Makes Up Your Tax Bill

2025 Tax Year Rates (Pay 2026)

ComponentRateDescription
Steuben County0.002382County general operations, services
Pleasant Township (example)0.000165Township services, fire protection
School DistrictsVariesLocal school corporation funding
MunicipalVariesCity/town services (if applicable)
Special DistrictsVariesFire, library, other local services
Total Combined Rate~1.20%Varies by specific location

Note: Actual tax rates vary significantly by township and municipality within Steuben County. Contact the Steuben County Assessor for specific rates applicable to your property location and taxing district combination.

Section 3

When Are Property Taxes Due?

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

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 Steuben County are additional property tax assessments that occur when property changes ownership, undergoes new construction, or receives improvements after the annual assessment. These taxes cover the period between when the change occurred and the next regular tax bill cycle.

Supplemental taxes are calculated by determining the difference between the old and new assessed values, multiplying by the applicable tax rate, and prorating for the remaining months in the tax year. For example, if you purchase a home in July that was previously assessed at $200,000 but now has a market value requiring reassessment to $300,000, you would owe supplemental taxes on the $100,000 difference for the remaining months of that tax year.

Example Calculation

Home Value: $300,000

  • Assessed Value: $300,000
  • Less: Homestead Standard Deduction (if qualified): -$45,000
  • Net Taxable Value: $255,000
  • Annual Tax (1.20% rate): $3,060
  • Monthly Escrow: $255

Home Value: $600,000

  • Assessed Value: $600,000
  • Less: Homestead Standard Deduction (if qualified): -$45,000
  • Net Taxable Value: $555,000
  • Annual Tax (1.20% rate): $6,660
  • Monthly Escrow: $555

Home Value: $1,000,000

  • Assessed Value: $1,000,000
  • Less: Homestead Standard Deduction (if qualified): -$45,000
  • Net Taxable Value: $955,000
  • Annual Tax (1.20% rate): $11,460
  • Monthly Escrow: $955

Note: Tax credits require application and approval. Rates vary by specific taxing district location within the county.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Steuben County require borrowers to maintain an escrow account for property taxes, collecting monthly payments and paying taxes on the borrower's behalf. Lenders typically collect 1/12th of the annual tax bill each month, plus a cushion amount allowed by federal law.

Property taxes in Steuben County are due May 10 and November 10 annually. Lenders receive tax bills directly from the county treasurer and make payments from escrow accounts before the due dates. Property owners should verify their escrow account has sufficient funds and that payments are made timely, as the property owner remains ultimately responsible for tax payments even when using escrow services. Annual escrow analysis statements show how funds were collected and disbursed throughout the year.

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 Steuben County? A: Property taxes for the 2025 tax year are due May 10, 2026 and November 10, 2026. Payments are made to the Steuben County Treasurer.

Q: What tax credits are available and how do I apply? A: Indiana offers several tax credits including the Homestead Standard Deduction, Over-65 Deduction, and Disabled Veterans Deduction. Most credits require annual application through the county assessor's office by specific deadlines.

Q: How does the Homestead credit work? A: The Homestead Standard Deduction provides up to $45,000 reduction in assessed value for owner-occupied residences. It also caps assessment increases at 5% annually. You must apply through the county assessor - it's not automatic.

Q: How often are properties reassessed? A: Indiana conducts annual assessments, with properties typically reassessed every four years through physical inspection. Market-based adjustments may occur more frequently.

Q: What happens if I pay property taxes late? A: Late payments incur penalties and interest charges. After May 10, a 5% penalty is added, with additional penalties for continued delinquency.

Q: Can I pay property taxes online? A: Contact the Steuben County Treasurer's office to verify current online payment options and accepted methods.

Q: How do I appeal my property assessment? A: Contact the Steuben County Assessor's office first to discuss your assessment. Formal appeals can be filed with the county Property Tax Assessment Board of Appeals.

Q: Do special taxing districts affect my tax rate? A: Yes, your location within specific townships, school districts, fire districts, and municipalities determines your total tax rate. Rates vary significantly across different areas of Steuben County.

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