How are property tax rates determined in Indiana?

Property tax rates in Indiana are set by each taxing district (municipality, school district, park district, library, etc.) based on their annual levy (the amount of tax revenue they need). The rate is calculated by dividing the levy by the total assessed value of all property in the district.

What is the composite tax rate?

The composite tax rate is the sum of all overlapping taxing district rates that apply to a specific property. A typical property may be taxed by several overlapping districts. The composite rate determines your total tax bill when multiplied by your property's assessed value.

Why do tax rates vary within the same town?

Properties within the same municipality can have different composite rates because overlapping districts (school, park, fire, library) have different boundaries. A home in one school district may have a different rate than a home two blocks away in a different school district.

Greenfield, IN Property Tax Rate 2026 — Full Breakdown by District

Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2026 (payable 2027)i

IN DLGF

Composite Ratei

2.07%–2.36%-1.1%YoY

Varies by school district

Municipal Portioni

0.8410%+3.2%YoY38% of total

Effective Ratei

2.07%–2.36%

Est. Annual Taxi

$4K–$5K

Median Home Valuei

$216,400

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20252026

Municipal

Other Districts

Where Your Tax Dollar Goesi

$0.56 MT. VERNON COMMUNITY SCHOOL CORPORATION

$0.49 SOUTHERN HANCOCK COUNTY COMM SCHOOL CORP

$0.46 EASTERN HANCOCK COUNTY COMMUNITY SCHOOL

$0.43 GREENFIELD CENTRAL COMMUNITY SCHOOL CORP

$0.13 GREENFIELD - SPECL FIRE PROTECTION TERRITORY GENERAL

$0.13 GREENFIELD - GENERAL

$0.13 County - Hancock

$0.05 GREENFIELD - PARK & RECREATION

$0.02 GREENFIELD - MOTOR VEHICLE HIGHWAY

$0.01 GREENFIELD - SPECL FIRE PROTECTION TERRITORY EQUIPMENT REPLACE

$0.01 GREENFIELD - LEASE RENTAL PAYMENT

$0.01 GREENFIELD - FIRE BUILDING DEBT

$0.01 GREENFIELD - PARK BOND #2

$0.01 GREENFIELD - PARK BOND

Estimated Tax by Home Valuei

$100K

$689–$785

$150K

$1,034–$1,178

$200K

$1,378–$1,571

$250K

$1,723–$1,963

$300K

$2,067–$2,356

$350K

$2,412–$2,749

$400K

$2,757–$3,141

Highlighted value is closest to median home value ($216K)

14 Overlapping Taxing Districtsi

MT. VERNON COMMUNITY SCHOOL CORPORATIONUnit K-12

56%1.2382%

SOUTHERN HANCOCK COUNTY COMM SCHOOL CORPUnit K-12

49.2%1.0892%

EASTERN HANCOCK COUNTY COMMUNITY SCHOOLUnit K-12

45.5%1.0075%

GREENFIELD CENTRAL COMMUNITY SCHOOL CORPUnit K-12

42.9%0.9498%

GREENFIELD - SPECL FIRE PROTECTION TERRITORY GENERALi

13.3%0.2934%

GREENFIELD - GENERALi

13%0.2866%

County - Hancocki

12.5%0.2769%

GREENFIELD - PARK & RECREATIONi

5.3%0.1183%

GREENFIELD - MOTOR VEHICLE HIGHWAYi

2.4%0.0533%

GREENFIELD - SPECL FIRE PROTECTION TERRITORY EQUIPMENT REPLACEi

1.5%0.0333%

GREENFIELD - LEASE RENTAL PAYMENTi

0.8%0.0167%

GREENFIELD - FIRE BUILDING DEBTi

0.7%0.0151%

GREENFIELD - PARK BOND #2i

0.6%0.0128%

GREENFIELD - PARK BONDi

0.5%0.0115%