Hendricks County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	133,300
Assessment-Sales Ratio	0.000
Gross Assessed Value	133,300
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	95,300
Tax Rate, Credits and Tax Bill
Tax District	Tax Rate	Gross Tax	PTRC Rate	PTRC	Gross Tax - PTRC	State/Local Homestead Credit Rate	Home- stead Credit	Net Tax	Rank Among All 1,960 Districts	Net Tax, Half the Median Home Value	Net Tax, Twice the Median Home Value
001 - BROWN TWP	2.7259	2,598	15.9533	414	2,183	4.8285	105	2,078	21	661	4,984
002 - CENTER TWP	2.0855	1,987	23.7692	472	1,515	7.5534	114	1,401	119	446	3,360
003 - DANVILLE TOWN	2.6276	2,504	22.3441	560	1,945	9.4699	184	1,760	43	560	4,223
007 - EEL RIVER TWP	1.9748	1,882	26.8090	505	1,377	8.3406	115	1,263	187	402	3,029
008 - NORTH SALEM TOWN	2.6002	2,478	26.6215	660	1,818	13.1436	239	1,579	64	503	3,788
009 - FRANKLIN TWP	1.9222	1,832	24.8696	456	1,376	7.6045	105	1,272	180	405	3,050
010 - STILESVILLE TOWN	2.2055	2,102	24.4649	514	1,588	9.5470	152	1,436	107	457	3,445
011 - GUILFORD TWP	1.9587	1,867	27.6138	515	1,351	9.1062	123	1,228	204	391	2,946
012 - PLAINFIELD TOWN	2.6696	2,544	23.3406	594	1,950	9.5259	186	1,765	41	561	4,233
013 - LIBERTY TWP	1.9667	1,874	24.5002	459	1,415	7.6009	108	1,308	164	416	3,136
014 - CLAYTON TOWN	2.2674	2,161	24.4896	529	1,632	10.0231	164	1,468	92	467	3,522
015 - LINCOLN TWP	2.7382	2,610	15.9036	415	2,194	4.8249	106	2,089	20	665	5,010
016 - BROWNSBURG TOWN	3.1963	3,046	16.0775	490	2,556	6.4821	166	2,391	9	761	5,735
017 - MARION TWP	1.9248	1,834	24.8846	456	1,378	7.3801	102	1,276	176	406	3,061
018 - MIDDLE TWP	2.0557	1,959	25.4792	499	1,460	7.5744	111	1,349	146	429	3,237
019 - PITTSBORO TOWN	2.4047	2,292	24.0534	551	1,740	8.7468	152	1,588	62	505	3,810
020 - UNION TWP	1.9363	1,845	27.0957	500	1,345	8.2696	111	1,234	199	393	2,960
021 - LIZTON TOWN	2.4748	2,358	26.0765	615	1,743	11.6581	203	1,540	75	490	3,695
022 - WASHINGTON TWP	2.3021	2,194	20.4329	448	1,746	6.0910	106	1,639	60	522	3,932
023 - CLAY TWP	1.9789	1,886	24.9492	471	1,415	8.2388	117	1,299	167	413	3,115
024 - AMO TOWN	2.4372	2,323	24.1268	560	1,762	10.6967	189	1,574	66	501	3,775
025 - COATSVILLE TOWN	2.4402	2,326	24.6291	573	1,753	11.3196	198	1,554	71	495	3,728
026 - BROWNSBURG - BROWN TWP	3.1895	3,040	16.1011	489	2,550	6.4876	165	2,385	10	759	5,720
027 - PLAINFIELD - WASHINGTON TWP	2.9841	2,844	18.9894	540	2,304	7.8029	180	2,124	17	676	5,095
028 - BROWNSBURG - MIDDLE TWP	2.6600	2,535	22.8749	580	1,955	8.9619	175	1,780	39	566	4,269
029 - PLAINFIELD - LIBERTY	2.7361	2,608	21.0942	550	2,057	8.7611	180	1,877	29	597	4,503
030 - EEL RIVER - JAMESTOWN	2.3976	2,285	24.6074	562	1,723	9.3448	161	1,562	69	497	3,746
031 - AVON	2.6494	2,525	19.8078	500	2,025	7.3040	148	1,877	30	597	4,502
Note:  Median Home Value for this county is from the 2000 U.S. Census.
Assessment-Sales Ratio is the median assessment to sales price ratio, from the State Equalization Study.
Counties with Assessment-Sales Ratios listed as "0" have studies that are incomplete.  Gross assessed values are assumed equal to home values.
Gross Assessed Value is the product of the Median Home Value and the Assessment Ratio.
Net Assessed Value is Gross Assessed Value less Deductions/Exemptions. Homestead deduction cannot exceed 50% of gross assessed value.
Tax Districts are areas within a county with particular combinations of government units.  The district Tax Rate is the sum of the tax rates of these units.
Gross Tax is the District Tax Rate times Net Assessed Value.
Property Tax Replacement Credit Dollars are the PTRC Rate times the Gross Tax; they are subtracted from the Gross Tax.
The Homestead Credit Rate is multiplied by the Tax After PTRC.  Homestead Credit dollars are subtracted from Tax After PTRC to get the Tax Bill.
Rank, All Districts is the rank, from highest to lowest net tax, among all of Indiana's 1,960 tax districts.
Net Tax, Half the Median Value is the tax bill calculation starting with a home value equal to half the county's median.
Net Tax, Twice the Median Value is the tax bill calculation starting with a home value equal to twice the county's median.
Prepared by Larry DeBoer, Agricultural Economics, Purdue University, using Indiana Department of Local
Government Finance rate information, available on the DLGF website, at www.in.gov/dlgf.