Indiana assessed value grows 12% as property tax changes take effect

Indiana assessed value grows 12% as property tax changes take effect

The Indiana Statehouse — adorned with scaffolding for a roofing project — on March 28, 2025. (Niki Kelly/Indiana Capital Chronicle)Gross assessed values for commercial, industrial and residential properties throughout Indiana collectively rose 12% from 2024 to 2025, according to a statewide comparison chart assembled by the Department of Local Government Finance for property taxes due and payable in 2026. In comparison, gross assessed value grew…