What is the homestead deduction in Indiana for 2026?

For pay-2026 (taxes paid in 2026 for the 2025 assessment year), the standard homestead deduction is $48,000 off your gross assessed value. The supplemental homestead deduction then removes 40% of the remaining value. Together, they can reduce taxable value substantially. Under SEA 1 (2025), the standard deduction will phase down and the supplemental will phase up through 2031.

What is Indiana's property tax circuit-breaker cap?

Indiana's circuit-breaker is a constitutional limit on annual property tax. For a homestead (primary residence), property tax can't exceed 1% of the property's gross assessed value. Other residential and agricultural property is capped at 2%, and commercial property at 3%. Taxes voters approve in a referendum, such as Fort Wayne Community Schools' referendums, sit outside the cap. So a $250,000 homestead pays at most $2,500 plus any referendum tax, before the SEA 1 credit.

What is the SEA 1 homestead credit for 2026?

Senate Enrolled Act 1 (2025), signed by Governor Mike Braun, created a new automatic homestead tax credit starting with taxes paid in 2026: 10% of the bill after the circuit-breaker cap, not counting school referendum taxes, up to $300. No application is required; county auditors apply it to every home with a homestead deduction. It comes on top of the standard and supplemental homestead deductions.

How do I find my Allen County assessed value?

You can look up your property's assessed value on the Allen County Assessor portal at allencounty.in.gov, or on the annual tax bill mailed to your address. Indiana assesses property at 100% of market value as of January 1 each year. If you believe your assessment is too high, you can file a Form 130 (petition for review) with the county assessor.

When are Indiana property taxes due?

Indiana property taxes are paid in two installments. The first installment (for the prior-year assessment) is due May 10, and the second installment is due November 10. If May 10 falls on a weekend or holiday, the deadline shifts to the next business day. Payments can be made online at allencounty.in.gov or at the Treasurer's Office.

Do property tax rates differ within Fort Wayne?

Yes. Within Fort Wayne's city limits, gross rates for 2026 run from about $2.69 per $100 (Fort Wayne–Perry) to $2.90 (Fort Wayne–Wayne), depending on the township and school district. School referendums widen the gap because they sit outside the 1% cap: $0.27 per $100 in Fort Wayne Community Schools, $0.15 in Southwest Allen, $0.06 in Northwest Allen and none in East Allen. For a home's actual bill, look up the parcel at lowtaxinfo.com/allencounty.

Property Tax Tools

Indiana Property Tax Calculator

Estimate your 2026 Indiana property tax using current law — homestead deductions, the new SEA 1 credit, and the constitutional circuit-breaker cap. Defaults are set for Allen County / Fort Wayne.

Calculate Your Tax

Enter your property details for an instant estimate

Property Details

Gross Assessed Value

Indiana uses the assessed value set by your county assessor (typically near market value). Check your property card at allencounty.in.gov.

Property Type

Circuit-breaker cap for this type: 1% of gross assessed value

Homestead Deductions & Credits

Apply homestead deductions and 2026 SEA 1 credit

Leave this checked if you own the home, live in it as your primary residence and have a homestead deduction on file with the county auditor. Unchecked, the home is taxed like a rental or second home: no homestead deductions and a 2% cap.

Standard deduction: $48,000 (pay-2026; phases down after 2027 under SEA 1)

Supplemental deduction: 40% of remaining value (pay-2026; increases to 66.7% by 2031)

SEA 1 homestead credit: 10% of tax bill, capped at $300 (new for pay-2026, applied automatically)

Local Tax Rate

Gross tax rate

$ per $100 AV

Pick your Allen County taxing district below to fill in its certified pay-2026 gross rate, or type a custom rate.

Allen County taxing district

Certified 2026 gross rates (per $100 assessed value), Allen County Auditor. Picking a district also applies its school referendum rate and Allen County's local income tax credit.

Circuit Breaker Cap Applied

Estimated Annual Tax

$2,255

≈ $187.92 per month

Gross assessed value$220,000

Standard homestead ded.−$48,000

Supplemental homestead ded.−$68,800

Net assessed value$103,200

Gross tax rate$2.8975/per $100 AV

Tax before credits$2,990

Local income tax credit−$334

Circuit-breaker credit−$181

SEA 1 homestead credit−$220

Includes $275 in school referendum taxes, which the circuit-breaker cap, the income tax credit and the SEA 1 credit don't reduce.

Effective tax rate1.025%

Circuit-breaker cap1% of gross AV

Taxable AV46.9% of gross AV

The constitutional 1% circuit-breaker cap is limiting your tax: apart from referendum taxes, the bill can't go above $2,200.

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Indiana Property Tax System

How Indiana Property Taxes Are Calculated

Indiana uses a multi-step process to calculate property taxes. Understanding each step helps you estimate your bill and identify which deductions apply to you.

Gross Assessed Value

Your county assessor determines your property's market-based gross assessed value (AV). In Indiana, property is assessed at 100% of market value. You can find your AV on your property tax bill or the county assessor portal.

Apply Deductions

Eligible homeowners subtract the standard homestead deduction ($48,000 in 2026) and the supplemental homestead deduction (40% of the remaining value in 2026) to arrive at the net assessed value (NAV) subject to the local rate.

Apply Local Rate

Your NAV is multiplied by the gross tax rate for your taxing district (expressed per $100 AV), which combines county, city or town, township, school and library levies. Allen County then takes its local income tax credit off the bill: 12.3% for a homestead in 2026 (6.3% for other property).

Circuit-Breaker Cap

Indiana's constitutional circuit-breaker keeps the tax at or below 1% of gross AV for homesteads, 2% for other residential and agricultural property, and 3% for commercial property. School referendum taxes approved by voters sit outside the cap. Homesteads then get the SEA 1 credit: 10% of the bill, not counting referendum taxes, up to $300.

Example: $220,000 Homestead in Fort Wayne

Gross assessed value$220,000

Standard homestead deduction−$48,000

After standard deduction$172,000

Supplemental deduction (40%)−$68,800

Net assessed value$103,200

Fort Wayne–Wayne district rate$2.8975 / $100

Tax before credits$2,990

Allen County income tax credit (12.3%)−$334

1% circuit-breaker credit−$181

SEA 1 homestead credit (10%)−$220

Final estimated annual tax$2,255

The 1% cap holds this home's tax (other than referendum taxes) to $2,200. The $275 Fort Wayne Community Schools referendum tax sits outside the cap, and the SEA 1 credit, 10% of the tax under the cap, comes off last, so the bill ends at $2,255, a little above 1% of the home's value.

Deductions & Credits

Indiana Property Tax Deductions & Credits

Indiana offers several ways to reduce your property tax burden. Most deductions require a one-time application with your county auditor; the SEA 1 credit is automatic for qualified homesteads.

Homestead Standard & Supplemental

The most valuable deduction for Indiana owner-occupants. The standard deduction reduces gross AV by $48,000 in 2026; the supplemental deduction then removes 40% of the remaining value.

• Standard deduction: $48,000 off gross assessed value (pay-2026)
• Supplemental: 40% of (AV − standard deduction) for pay-2026
• Phase-in: supplemental rises to 66.7% by 2031 as standard phases down to $0

SEA 1 Homestead Tax Credit (New 2026)

Senate Enrolled Act 1 (2025) introduced an automatic 10% homestead tax credit on the annual tax bill, capped at $300, for all qualifying homesteads. No application required — your county auditor applies it automatically.

• 10% credit on the calculated tax bill
• Maximum credit: $300 per year
• Applies automatically for pay-2026 and beyond — no form needed

Senior, Disabled & Veteran Credits

Additional relief is available to qualified seniors (age 65+), disabled individuals, and veterans. Indiana SEA 1 also expanded the Over-65 Circuit Breaker Credit income limits.

• Over-65 Circuit Breaker: income limit raised to $60,000 (single) / $70,000 (joint) for pay-2026
• Disabled veteran deduction: up to 100% AV exemption for totally disabled veterans
• See our guide on Indiana veteran property tax relief for full details

Mortgage Deduction (Phased Out)

Indiana's traditional $3,000 mortgage deduction was eliminated as part of SEA 1 (2025). Homeowners who previously claimed it will instead benefit from the larger supplemental homestead deduction and the new SEA 1 credit.

• Mortgage deduction: eliminated under SEA 1 (2025 reform)
• Replacement: larger supplemental homestead deduction phasing in through 2031
• Most homeowners will see a net benefit from the SEA 1 changes by 2026

Constitutional Circuit-Breaker

Indiana's circuit-breaker is enshrined in the state constitution — no local government can override it. It caps your property tax at a percentage of gross assessed value regardless of local rates; only taxes voters approve in a referendum sit outside it.

• Homestead / primary residence: 1% of gross assessed value
• Other residential & agricultural: 2% of gross assessed value
• Commercial / personal property: 3% of gross assessed value

Non-Homestead Residential (SEA 1)

Under SEA 1, non-homestead residential and agricultural properties also gain new assessed value deductions phasing in from 2026 to 2031, providing some relief to landlords and agricultural landowners.

• Pay-2026: 6% deduction on non-homestead residential/agricultural AV
• Increases annually, reaching 33.4% by pay-2031
• Combined with 2% circuit-breaker cap for non-homestead residential

Fort Wayne & Allen County

Property Taxes in Allen County, Indiana

Allen County is home to Fort Wayne, Indiana's second-largest city, and encompasses a wide range of taxing districts. Your total property tax rate depends on which combination of county, city or town, township, school district, and library taxing units applies to your address.

Fort Wayne city residents pay among the higher rates in Allen County because the city levy includes urban services such as parks, public safety, and infrastructure. Suburban and rural districts — like unincorporated areas served by county-only services — carry lower rates, sometimes below $2.00 per $100 AV.

The rates in the calculator are the certified 2026 gross rates from the Allen County Auditor, along with each district's school referendum rate and the county's local income tax credit. Actual bills can differ with your parcel, TIF districts, special assessments, other credits and pending appeals. Always verify your rate at allencounty.in.gov/269/Tax-Rates.

Sample Allen County District Rates (Pay-2026)

Ft. Wayne–Wayne

City of Fort Wayne + county + Fort Wayne Community Schools — the highest-rate district

$2.8975

per $100 AV

New Haven (St. Joe)

New Haven / St. Joseph Township

$2.7774

per $100 AV

Leo-Cedarville

Leo-Cedarville (East Allen County Schools)

$2.1669

per $100 AV

Aboite Township

Aboite Township (southwest Allen County)

$1.7952

per $100 AV

Jackson Township

Jackson Township — one of the county's lowest rates

$1.5888

per $100 AV

Source: Allen County Auditor, 2026 Allen County Tax Rates. Rates are gross, before the local income tax credit and circuit-breaker credits. Verify at allencounty.in.gov.

FAQ

Indiana Property Tax Questions Answered

Indiana Veteran Property Tax Relief

Indiana offers additional property tax exemptions and deductions to qualifying veterans, including up to full exemption for totally disabled veterans. Learn about the specific programs available and how to apply.

Read the Veterans Property Tax Guide

Disclaimer: This calculator provides estimates only. Results are based on user-entered values and 2026 Indiana law as understood at time of publication, including Senate Enrolled Act 1 (2025). Actual tax bills are determined by your county assessor and auditor and may differ due to your specific parcel, district, TIF participation, assessment appeals, or legislative changes. Rates shown are the Allen County Auditor's certified 2026 gross rates. Always verify your bill with the Allen County Treasurer (allencounty.in.gov) or consult a licensed tax professional. This tool does not constitute tax or legal advice.

Data assumptions last verified: October 20, 2026.

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