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Updated 2025 Tax Year

Pipestone County
Property Tax Guide

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

9 Official Sources
8 min read
Quick Facts
Tax Rate
0.7622% base rate, varies by location due to overlapping school districts and special taxing districts
1st Due
May 15
2nd Due
Oct 15
Exemptions
6+ Available
Section 1

How Property Tax Works

Pipestone County, Minnesota operates under the state's property tax system to fund essential local services including schools, roads, public safety, and county operations. Property taxes in Pipestone County are calculated by applying the local tax rate to your property's assessed value, minus any applicable tax credits. The county's 2025 property tax rate is 0.7622 mills (0.7622%), though your actual rate will vary depending on your specific location within the county due to overlapping special taxing districts such as school districts, city assessments, and special service areas.

Property assessments in Pipestone County are conducted annually, with the county assessor determining market value as of January 2nd each year. It's important to note that your actual tax rate and bill will depend on which school district, city, and other special taxing jurisdictions your property falls within. Most property tax credits and benefits require annual application and are not automatically applied to your tax bill.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General0.7622%Base county operations, roads, public safety
School DistrictVariesLocal school funding (varies by district)
City/TownshipVariesMunicipal services (if applicable)
Special AssessmentsVariesWatershed, library, other special districts

Note: These rates apply to the 2025 tax levy year. Your total effective rate will be the sum of all applicable jurisdictions for your specific property location. Rates shown are per $1,000 of assessed value and may include voter-approved bonds and levies that vary significantly across different areas of Pipestone County.

Section 3

When Are Property Taxes Due?

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

First Installment
May 15
Delinquent after Dec 10
Second Installment
Oct 15
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 Pipestone County are additional property tax bills issued when there are mid-year changes to property ownership, value, or classification. Common triggers include new construction completion, property improvements that increase assessed value, or changes in property classification (such as losing agricultural status). When a supplemental assessment occurs, the additional tax is calculated by applying the current tax rate to the increased assessed value, prorated for the remaining portion of the tax year.

For example, if you complete a $100,000 home addition in July and your total tax rate is 1.5%, you would owe approximately $750 in supplemental taxes (($100,000 × 1.5%) × 50% for half the remaining year). Supplemental tax bills are typically issued within 60 days of the assessment change and follow the same payment schedule as regular property taxes.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Credit Applied: -$15,000 (estimated, requires application)
  • Net Taxable Value: $285,000
  • Tax Rate: 1.2% (county + school + city estimated)
  • Annual Tax: $3,420
  • Monthly Escrow: $285

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Homestead Credit Applied: -$15,000 (estimated, requires application)
  • Net Taxable Value: $585,000
  • Tax Rate: 1.2% (estimated total)
  • Annual Tax: $7,020
  • Monthly Escrow: $585

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Homestead Credit Applied: -$15,000 (estimated, requires application)
  • Net Taxable Value: $985,000
  • Tax Rate: 1.2% (estimated total)
  • Annual Tax: $11,820
  • Monthly Escrow: $985

Note: These examples use estimated combined rates and credits. Actual rates vary by location within the county, and all credits require annual application through the county assessor's office.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Pipestone County require property tax escrow accounts to ensure timely payment of property taxes. Your lender will collect approximately 1/12 of your estimated annual property tax bill each month along with your mortgage payment. The escrow account is typically established at closing and must maintain a minimum balance to cover upcoming tax payments.

Property taxes in Pipestone County are paid in two installments, and your lender will make these payments directly to the county treasurer on your behalf. The first half is due May 15th, and the second half is due October 15th each year. Lenders are required to conduct annual escrow analyses and will adjust your monthly payment if taxes increase or decrease significantly. You should receive an annual escrow statement showing all deposits, payments, and balance information.

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 Pipestone County? A: For the 2025 tax year, the first half payment is due May 15, 2025, and the second half is due October 15, 2025. Personal property taxes follow different schedules with the first half due August 31st and second half due November 15th.

Q: What homestead tax credits are available? A: Minnesota offers a Homestead Credit that caps assessment increases and provides tax relief for primary residences. This credit requires annual application through the county assessor's office and typically limits assessment growth to protect homeowners from large tax increases.

Q: How do I apply for property tax credits? A: Most tax credits require annual application through the Pipestone County Assessor's office. Applications are typically due by December 1st for the following tax year. Contact the assessor's office directly for specific forms and deadlines.

Q: When are properties assessed? A: Property assessments in Pipestone County are based on market value as of January 2nd each year. Assessment notices are typically mailed in March, with appeals due by April 30th to the local Board of Appeal and Equalization.

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

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

Q: How do special district taxes work? A: Properties may be subject to additional taxes from school districts, cities, townships, watershed districts, and other special assessments depending on location. These appear as separate line items on your tax statement.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed by April 30th with the local Board of Appeal and Equalization. If unsatisfied with that decision, you can appeal to Tax Court, but this requires separate filing procedures and deadlines.

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