Monday, March 25, 2013

Current and Potential Homeowners Want to Know: Can I Afford the Property Taxes?



In short, the answer is yes!

In Indiana, a 2008 reform capped property taxes at 1 percent for homeowners, 2 percent for rentals and 3 percent for businesses. Indiana’s property taxes are among the lowest in the nation, and will remain so due to a 2010 referendum that capped the rates in the state constitution.

Indiana in general, and the Indianapolis metro area in particular, are great, affordable places to live. So don’t let the fear of high property taxes deter you from buying your dream home. Call me at 317.777.1805 or email me at Scott@LacySells.com, and together we’ll find the right home, at the right price, for you.

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