Buying a home in Indiana

Property taxes, transfer taxes, home values and first-time buyer help in Indiana.

Effective property tax rate
0.74%
Median tax $1,614 ÷ median value $218,200 (ACS 2020–2024)
Typical home value
$260,095
Zillow ZHVI, 2026-08
State transfer tax
0%
Usually paid by: negotiable. No transfer-tax statute; IC 36-2-7-10 (recording fee); IC 6-1.1-5.5 (Sales Disclosure Fee). Official source. Local taxes may add more.
Estimated buyer closing costs Estimate
$2,500–$4,300
On a $260,095 home: typical lender fees + title insurance + deed recording (TallyClose) + the buyer’s share of transfer/recording taxes. Excludes prepaids, escrow and local taxes.

At Indiana's effective rate of 0.74%, a typical $260,095 home would owe about $1,925/year ($160/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.

First-time homebuyer programs

Indiana Housing and Community Development Authority

Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Indiana Housing and Community Development Authority →

Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-10-15.