Noble County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	88,600
Assessment-Sales Ratio	0.000
Gross Assessed Value	88,600
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	50,600
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 - ALBION TWP	1.7358	878	33.4343	294	585	13.0111	76	509	1,636	192	1,399
002 - ALBION-ALBION	2.5639	1,297	28.6001	371	926	14.9111	138	788	752	298	2,168
003 - ALLEN TWP	2.0123	1,018	27.7366	282	736	8.9305	66	670	1,083	254	1,843
004 - KENDALLVILLE CITY-ALLEN TWP	2.7817	1,408	26.0200	366	1,041	12.7503	133	909	521	344	2,499
005 - AVILLA TOWN	2.6040	1,318	25.3544	334	984	10.9262	107	876	570	332	2,410
006 - ELKHART TWP	2.2520	1,140	23.9641	273	866	8.4778	73	793	738	300	2,181
007 - GREEN TWP	1.7294	875	30.8478	270	605	10.6629	65	541	1,505	205	1,487
008 - JEFFERSON TWP	1.7633	892	33.2136	296	596	13.1259	78	518	1,603	196	1,424
009 - NOBLE TWP	1.7872	904	32.8923	297	607	13.0347	79	528	1,562	200	1,452
010 - ORANGE TWP	2.1053	1,065	27.1669	289	776	9.1892	71	705	960	267	1,938
011 - ROME CITY TOWN	2.2971	1,162	26.9680	313	849	10.6659	91	758	811	287	2,086
012 - WOLCOTTVILLE TOWN	2.4752	1,252	28.8612	361	891	15.1464	135	756	816	286	2,080
013 - PERRY TWP	2.2319	1,129	23.8682	270	860	8.2159	71	789	748	299	2,171
014 - LIGONIER CITY	3.1575	1,598	23.1375	370	1,228	12.3282	151	1,077	326	407	2,962
015 - SPARTA TWP	2.3193	1,174	23.5290	276	897	8.4573	76	822	672	311	2,260
016 - CROMWELL TOWN	3.2017	1,620	23.5724	382	1,238	12.9632	161	1,078	325	408	2,965
017 - SWAN TWP	1.9856	1,005	28.0503	282	723	9.0241	65	658	1,133	249	1,809
018 - WASHINGTON TWP	2.2648	1,146	23.9391	274	872	8.5434	74	797	727	302	2,193
019 - WAYNE TWP	2.0073	1,016	27.9124	284	732	9.0930	67	666	1,102	252	1,831
020 - KENDALLVILLE CITY-WAYNE TWP	2.7728	1,403	26.0239	365	1,038	12.7057	132	906	526	343	2,492
021 - YORK TWP	1.7710	896	33.1417	297	599	13.1414	79	520	1,592	197	1,432
022 - ALBION-JEFFERSON	2.5505	1,291	28.6374	370	921	14.8708	137	784	761	297	2,157
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.