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Updated 2025 Tax Year

Vermillion County
Property Tax Guide

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

10 Official Sources
8 min read
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Quick Facts
Tax Rate
0.91% effective rate (Clinton Township area), varies by taxing district combinations
1st Due
May 10
2nd Due
Nov 10
Exemptions
4+ Available
Section 1

How Property Tax Works

Vermillion County, Indiana operates under the state's property tax system to fund essential local services including schools, roads, public safety, and county operations. Property taxes in Vermillion County are assessed annually based on the assessed value of real estate and applied at rates that vary significantly by location within the county due to different combinations of taxing districts.

The effective tax rate in Vermillion County for 2025 ranges around 0.91% in areas like Clinton Township, though this can vary based on your specific location and the overlay of school districts, fire districts, library districts, and other special taxing units that serve your property. Property owners should note that their exact rate depends on which taxing districts their property falls within, making location a critical factor in determining total tax liability.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County Rate0.2622%Base county operations and services
Township Rate (Clinton)VariableTownship services and fire protection
School DistrictVariableLocal school corporation funding
Library DistrictVariablePublic library services (if applicable)
Other Special DistrictsVariableFire, parks, economic development
Total Effective Rate0.9101%Combined rate for Clinton Township (2025 levy year)

Note: These rates apply to the 2025 levy year (taxes payable in 2025). Actual rates vary by property location within Vermillion County depending on which combination of taxing districts serve your area. Clinton Civil City areas may have different total rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Vermillion 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 Vermillion County are triggered by significant changes to property ownership or improvements that occur after the annual assessment date. Common triggers include new construction, major renovations, or property ownership transfers that result in a reassessment above the current assessed value.

When supplemental taxes are assessed, they are calculated based on the difference between the new assessed value and the previous assessed value, prorated for the portion of the tax year remaining. For example, if a $100,000 home improvement is completed in July and increases the assessed value by that amount, the supplemental tax would be calculated on the $100,000 increase at the applicable tax rate, prorated for approximately half the tax year, resulting in additional taxes of roughly $455 (assuming a 0.91% rate).

Example Calculation

Example 1 - $300,000 Property:

  • Market Value: $300,000
  • Assessed Value: $300,000
  • Less: Standard Homestead Deduction: $45,000 (if applicable and filed)
  • Net Taxable Value: $255,000
  • Annual Tax: $2,321 (at 0.9101% rate)
  • Monthly (if escrowed): $193

Example 2 - $600,000 Property:

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Less: Standard Homestead Deduction: $45,000 (if applicable and filed)
  • Net Taxable Value: $555,000
  • Annual Tax: $5,051 (at 0.9101% rate)
  • Monthly (if escrowed): $421

Example 3 - $1,000,000 Property:

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Less: Standard Homestead Deduction: $45,000 (if applicable and filed)
  • Net Taxable Value: $955,000
  • Annual Tax: $8,691 (at 0.9101% rate)
  • Monthly (if escrowed): $724

Note: Homestead and other tax credits require application with the county assessor and are not automatic. Credits must be re-filed every even year.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Vermillion County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly tax payments along with your mortgage payment and holds these funds in escrow until the tax due dates of May 10 and November 10.

Lenders typically conduct annual escrow analyses to ensure adequate funds are collected, and may adjust your monthly payment if property taxes increase or decrease significantly. You should receive an annual escrow statement showing all deposits and payments made on your behalf. Property owners are responsible for verifying that their lender pays taxes timely, as the property owner remains ultimately liable for any unpaid taxes and penalties even when using escrow services.

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

Q: What tax credits are available and do I need to apply? A: The primary credit is the Standard Homestead Deduction, which requires application with the county assessor before April 1 of the assessment year. Additional credits may be available for seniors, veterans, or disabled persons, but all require separate applications and are not automatic.

Q: How does the Homestead credit work? A: The Homestead credit provides a deduction from assessed value and helps cap assessment increases for owner-occupied homes. You must file an application with the county assessor and refile every even year to maintain eligibility.

Q: How often are properties reassessed? A: Indiana conducts annual reassessments, with trending adjustments applied to maintain assessed values at market levels. Major reassessments may occur periodically with physical inspections.

Q: What happens if I pay late? A: Late payments incur penalties and interest charges. Contact the Vermillion County Treasurer's office for specific penalty rates and collection procedures.

Q: Can I pay property taxes online? A: Contact the Vermillion County Treasurer's office to inquire about online payment options, as Indiana counties may offer electronic payment systems for taxpayer convenience.

Q: How do I appeal my assessment? A: Assessment appeals must be filed with the Vermillion County Property Tax Assessment Board of Appeals within specified deadlines after receiving your assessment notice.

Q: Why do tax rates vary within the county? A: Different areas are served by different combinations of school districts, fire districts, library districts, and other special taxing units, creating varying total tax rates depending on your property's location within Vermillion County.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
Tax Rates - Treasurer - Vermillion County Government, Indianatreasurer.vermillioncounty83.us
02
County
2025 Vermillion County Budget Orderin.gov
03
Tax Doc
Itemized Property Tax Informationtreasurer.vermillion.in.datapitstop.us
04
Tax Doc
NOTICE OF REAL PROPERTY TAX SALEvermilliongov.us
05
Tax Doc
DLGF: Property Tax Due Datesin.gov
06
Treasurervermilliongov.us
07
Notices & Press Releasesvermilliongov.us
08
DLGF: Exemptionsin.gov
09
DLGF: Deduction Formsin.gov
10
County
Vermillion County: Property Tax Calculation - Treasurertreasurer.vermillioncounty83.us
All sources verified as of 2025 Tax Year

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