Prairie Ridge Assesments
Select an Address:
| Total Savings: | |||||
| Process to calculate a 2022 pay 2023 Property Tax Bill in Porter Co. | |||||
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Note: We cannot calculate 2023 Tax rates
as the rates have not been posted yet.
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| Only fill in cells shaded green | |||||
| Valparaiso City Resident |
Unincorporated Resident
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| Calculate the Net Assessed Value for Tax Liability | |||||
| Step #1a: Enter
1a: Gross Assessed Value of Homestead Can obtain current property tax from lowtaxinfo.com/portercounty/ |
$ 0.00 | $ 0.00 | |||
| Step #1b: Enter 1c: Gross assessed value of all other property | $ – | $ – | |||
| Gross Assessed Value | $ 0.00 | $ 0.00 | |||
| Step #2: Total
Deductions See Table #1 |
$ 0.00 | $ 0.00 | |||
| Step #3:
Calculate "Net Assessed Value of property" Gross Assessed Value – Total Deductions |
$ 0.00 | $ 0.00 | |||
| Net Assessed Value | $ 0.00 | $ 0.00 | |||
| Step #4:
Calculate Gross Tax Liability Net Assessed Value * Tax Distribution (see table #2) |
$ 0.00 | $ 0.00 | |||
| Gross Tax Liability | $ 0.00 | $ 0.00 | |||
| Step #5: Enter "local property tax credits" Enter Uninc. Rate — Valpo is roughly (Unincorp *2) |
$ 0.00 | $ 0.00 | |||
| Step #5b: Tax Liability less local property tax credits | $ 0.00 | $ 0.00 | |||
| Step #6: Calculate Tax Cap savings If Step #5b is higher than tax cap, (Step #5b) – (Tax Cap) |
$ 0.00 | $ 0.00 | |||
| Total Property Tax Liability | $ 0.00 | $ 0.00 | |||
| Tax Year 2022 pay 2023 savings by being outside of City | $ 0.00 | ||||
| Table #1 – Calculate Deductions | Valparaiso | Uninc. Porter Co. | |||
| See the Indiana Property Tax Benefits PDF (2022 payable 2023) | Indiana Property Tax Benefits (2022 pay 2023) | ||||
| Homestead Deduction 60% of the property's Assessed Value of Homestead, up to a maximum of $45,000 |
$ 0.00 | $ 0.00 | |||
| Homestead Supplemental Deduction (after Homestead Deduction) 35% of the assessed homestead value up to 600K 25% for amount above 600K |
$ 0.00 | $ 0.00 | |||
| Mortgage Fixed $3,000 |
$ 0.00 | $ 0.00 | |||
| Total Deductions | $ 0.00 | $ 0.00 | |||
| Table #2: 2023 Tax Distribution | Valparaiso | Uninc. Porter Co. | |||
| City/Town | 1.1814% | 0.2717% | |||
| County | 0.3981% | 0.3981% | |||
| Library | 0.0615% | 0.0615% | |||
| School | 0.9535% | 0.9535% | |||
| Special Unit | 0.0089% | 0.0089% | |||
| Township | 0.0226% | 0.0226% | |||
| Total | 2.6260% | 1.7163% | |||
| Table #3: 2022 Property Tax Cap | Valparaiso | Uninc. Porter Co. | |||
| Property Tax Cap (1% of Gross Assessed Value) | $ 0.00 | $ 0.00 | |||
| Upward adjustment due to any referendums | $ 0.00 | $ 0.00 | |||
| Maximum Tax that may be imposed under cap | $ 0.00 | $ 0.00 | |||