Property tax in Franklin County, Indiana
In Franklin County, the property tax bill comes from the Franklin County Treasurer. The 2025 pay 2026 bill is paid in 2 installments, and the next one is due November 10, 2026. You can look up and pay the bill on the county's own payment page. Taken from Franklin County's own pages, checked September 23, 2026.
The median property tax bill in Franklin County, Indiana is $1,479 a year, which is about 0.59% of the county's median home value of $249,500. That effective rate is lower than the typical Indiana county (0.66%) and lower than the national median (0.81%). These are American Community Survey 5-year estimates (2024); your own bill depends on your home's assessed value and any exemptions.
Who sends the property tax bill in Franklin County, and how do you pay it?
The bill comes from the Franklin County Treasurer. The value it is based on is set by a separate office, the Franklin County Assessor, which is who to ask if the value looks wrong. For how to look up and pay the bill, go to the county's own payment information.
Property tax bills come from the Franklin County Treasurer in Brookville. Statements are mailed once a year, in mid-March, with a Spring A and a Fall B coupon. Indiana bills a year in arrears: the 2025 assessment is taxed in two installments during 2026. Online and phone payments go through the county's payment vendor and cost 2.55% (at least $1.55) by card or $2.00 by e-check; there are also drop boxes at the north entrance of the Government Center. Deductions must be filed with the County Auditor before January 15 to apply. Owners whose property was significantly damaged in the August 2026 flooding can ask the County Assessor to review it for reassessment on Form 137R. Filing does not guarantee a lower value; if the reassessment is granted, the relief applies to the January 1, 2026 assessment and shows on the taxes paid in 2027. The state form recommends filing within 12 months of the disaster.
When are property taxes due in Franklin County?
For the 2025 pay 2026 bill, Franklin County splits the bill into 2 payments, the first due May 11, 2026 and the last November 10, 2026. The next one due is the fall installment, on November 10, 2026. Under state law, a payment made within 30 days after the due date is charged a 5% penalty if the property owes no back taxes. After 30 days, or if the property already owes back taxes, the penalty is 10% of the unpaid tax.
| Payment | Due | Note |
|---|---|---|
| Spring installment | May 11, 2026 (passed) | Indiana law sets May 10 and November 10 and makes a payment on time on the next business day when the date falls on a weekend or holiday. May 10, 2026 fell on a Sunday, so the spring installment was due Monday, May 11. |
| Fall installment | November 10, 2026 | November 10, 2026 is a Tuesday. The Treasurer accepts a mailed payment as on time if it carries a USPS postmark dated by the due date. Keep the Fall B coupon from the spring statement; no second bill is mailed. |
From Franklin County's published schedule, checked September 23, 2026. If a date falls on a weekend or holiday, the county's own rules on the next business day apply.
Estimate the property tax on a home in Franklin County
Enter a home's market value for a ballpark at Franklin County's average effective rate of 0.59% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.
Estimated property tax: $1,472 / year
Property tax in Franklin County at a glance
| Measure | Value |
|---|---|
| Median annual property tax | $1,479 |
| Median home value | $249,500 |
| Effective tax rate | 0.59% |
| Typical Indiana county rate | 0.66% |
| National median county rate | 0.81% |
Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.
How does Franklin County compare in Indiana?
Among Indiana's 92 counties, Franklin County has the 70th highest effective property-tax rate: 69 rank higher and 22 rank lower. That is on the lower side for Indiana. Nationally, it ranks 2295th of 3135 US counties by effective rate. See every Indiana county ranked.
How much do homeowners in Franklin County actually pay?
The median is only the middle bill. Across Franklin County's 7,509 owner-occupied homes, 12.9% pay $3,000 or more a year in property tax, 31.7% pay at least $2,000, and 22.8% pay under $800. Another 2.2% report paying no property tax at all, which usually means an exemption covers the whole bill.
| Annual bill | Homes | Share |
|---|---|---|
| Under $800 | 1,713 | 22.8% |
| $800 to $1,499 | 2,023 | 26.9% |
| $1,500 to $1,999 | 1,232 | 16.4% |
| $2,000 to $2,999 | 1,409 | 18.8% |
| $3,000 or more | 965 | 12.9% |
| No property tax paid | 167 | 2.2% |
Owners with a mortgage pay a median of $1,424 and owners without one pay $1,572. That is within 10% either way, so in Franklin County paying off the house does not go with a noticeably different bill. Census table B25103.
How does the Franklin County property tax bill compare with local incomes?
The median property tax bill of $1,479 is about 1.7% of the median income of Franklin County homeowner households, $88,692 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 81.5% of Franklin County's occupied homes are lived in by their owners; renters pay property tax too, just folded into rent.
Have property taxes gone up in Franklin County?
Yes. The median bill went from $1,035 in 2015-2019 to $1,479 in 2020-2024, a 42.9% rise. Over the same span the median home value moved 55.7%, from $160,200 to $249,500. Bills rose more slowly than values, which is what assessment caps and falling millage rates do: the county is taxing a smaller share of each home's worth.
Two Census ACS 5-year periods with no survey years in common, in each period's own dollars. A change counts only if it exceeds the combined 90% margin of error.
Property tax in counties next to Franklin County
Franklin County borders 8 counties, 2 of them across the state line.
| County | Effective rate | Median bill | Median home value |
|---|---|---|---|
| Hamilton County, OH | 1.51% | $3,652 | $241,900 |
| Butler County, OH | 1.22% | $3,141 | $258,500 |
| Dearborn County, IN | 0.74% | $1,789 | $243,400 |
| Fayette County, IN | 0.73% | $949 | $130,700 |
| Rush County, IN | 0.65% | $1,079 | $166,800 |
| Union County, IN | 0.64% | $1,116 | $173,500 |
| Decatur County, IN | 0.62% | $1,230 | $199,100 |
| Franklin County, IN (this county) | 0.59% | $1,479 | $249,500 |
| Ripley County, IN | 0.56% | $1,250 | $222,500 |
How is a home assessed in Franklin County?
Indiana assesses homes at 100% of market value in every county, Franklin County included. How Indiana assesses and reappraises homes.
Is there a homestead exemption in Franklin County?
Yes, but it is shrinking. Indiana's homestead standard deduction is $40,000 for assessment year 2026 and reaches $0 from 2030; a bill paid in 2026 reflects the $48,000 figure. That is the Indiana rule, and it applies in Franklin County. Indiana's exemptions and relief programs in full.
On top of the Indiana programs, Franklin County runs its own:
- Local income tax property tax credit: Franklin County dedicates part of its local income tax to property tax relief (the state certified about $2.84 million of this revenue for 2026). The money is applied as a credit on the tax bills of the kinds of property the county chose to cover, before the property tax caps are applied; there is no application.
How to appeal your Franklin County property assessment
In Franklin County you appeal to the Franklin County Property Tax Assessment Board of Appeals (PTABOA). The deadline: File Form 130 with the local assessing official by June 15 of the assessment year if the notice of assessment (Form 11) was mailed before May 1. If the notice was mailed on or after May 1, the deadline is June 15 of the year the tax bill is mailed. A Property Tax Assessment Board of Appeals decision can be appealed to the Indiana Board of Tax Review on Form 131 within 45 days. How to file. Checked September 23, 2026 against the official appeal rules.
How Indiana's appeal process works, including the next level if the first one turns you down.
Indiana rules from primary state sources, reviewed September 7, 2026; sources on the Indiana page.
Work out your own numbers
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How much house can I afford?
Your income, debts and down payment against the 28/36 rule lenders actually use, with Franklin County's tax rate to hand.
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Mortgage calculator
Monthly payment with principal, interest, tax and insurance, plus what an extra payment saves you.
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Indiana income tax
Brackets, standard deduction and what Indiana actually taxes.
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Sales tax in Franklin County
The other local tax: combined state and local rate for this county.
Sources
- Median real estate taxes paid and median home value for Franklin County, Indiana: U.S. Census Bureau, American Community Survey 5-year estimates (2020-2024), tables B25103, B25077, B25102, B25119 and B25003; the five-year comparison uses the 2015-2019 estimates. Neighboring counties: Census county adjacency file.