Indiana (IN) · Midwest Real Estate Profile
Indiana Mortgage Payment & Property Tax Guide
Calculate your exact monthly housing expense in Indiana. In Indiana, the effective statewide property tax rate averages 0.81% and homeowners insurance averages 0.50% of home market value. Explore 25 pre-calculated loan scenarios below.
Effective Property Tax0.81%
Homeowners Insurance0.50%
Median Home Price$235,000
Conforming Loan Limit$766,550
Property Tax Context for Indiana: At 0.81%, a median-priced home of $235,000 pays roughly $1,904 per year in property taxes ($159/month). Millage rates vary across counties and municipalities.
Companion Tax Engine
View Indiana Tax Tables →Check Take-Home Pay Across All 50 States on AfterTaxMath
See exact net salary, state income tax withholding, and FICA deductions for Indiana residents.
Monthly Payment Benchmarks in Indiana (30-Year Fixed at 6.50%%)
Estimated monthly PITI payments assuming 20% down payment and standard 28% DTI underwriting:
| Loan Amount | Est. Home Value | 30-Yr P&I | IN Property Tax | Total PITI/mo | Required Salary | Details |
|---|---|---|---|---|---|---|
| $150,000 | $187,500 | $948/mo | $127/mo | $1,153/mo | $49,000/yr | View schedule → |
| $250,000 | $312,500 | $1,580/mo | $211/mo | $1,921/mo | $82,000/yr | View schedule → |
| $350,000 | $437,500 | $2,212/mo | $295/mo | $2,690/mo | $115,000/yr | View schedule → |
| $450,000 | $562,500 | $2,844/mo | $380/mo | $3,458/mo | $148,000/yr | View schedule → |
| $550,000 | $687,500 | $3,476/mo | $464/mo | $4,227/mo | $181,000/yr | View schedule → |
| $750,000 | $937,500 | $4,741/mo | $633/mo | $5,764/mo | $247,000/yr | View schedule → |
| $1,000,000 | $1,250,000 | $6,321/mo | $844/mo | $7,685/mo | $329,000/yr | View schedule → |
Browse all 25 loan amounts in Indiana
Select any loan principal to view detailed amortization, rate sensitivity, and DTI requirements:
$100k in IN$769/mo$150k in IN$1,153/mo$200k in IN$1,537/mo$250k in IN$1,921/mo$300k in IN$2,306/mo$350k in IN$2,690/mo$400k in IN$3,074/mo$450k in IN$3,458/mo$500k in IN$3,843/mo$550k in IN$4,227/mo$600k in IN$4,611/mo$650k in IN$4,995/mo$700k in IN$5,380/mo$750k in IN$5,764/mo$800k in IN$6,148/mo$850k in IN$6,532/mo$900k in IN$6,917/mo$950k in IN$7,301/mo$1 million in IN$7,685/mo$1.1 million in IN$8,454/mo$1.2 million in IN$9,222/mo$1.3 million in IN$9,991/mo$1.4 million in IN$10,759/mo$1.5 million in IN$11,528/mo$2 million in IN$15,371/mo
Explore neighboring Midwest states
Compare mortgage payment benchmarks and property taxes across neighboring Midwest jurisdictions:
Illinois (2.08% tax)View guide →Iowa (1.50% tax)View guide →Kansas (1.34% tax)View guide →Michigan (1.38% tax)View guide →Minnesota (1.08% tax)View guide →Missouri (0.93% tax)View guide →
Closing Costs & Transfer Tax in Indiana
Indiana has a statutory 1% constitutional property tax cap on primary homesteads; no real estate transfer tax.