Indiana property values have risen nearly 10% in 2026, according to new state data from the Department of Local Government Finance. Residential property values increased 7.3% statewide, while commercial property values rose 15% and industrial properties increased 25.8%.
Local Impact
The increase in property values may affect local homeowners, with some experiencing significant increases in their tax bills. However, state officials note that assessment values are only one component of property tax bills, which also depend on local levies and credits.
Gov. Mike Braun has raised concerns about Indiana’s property assessment system, suggesting that it should be reviewed. The state has implemented provisions from 2025 property tax reform legislation aimed at reducing homeowner tax bills, including an estimated $1.2 billion in homeowner property tax relief over three years.
Original reporting: WOWO News/Talk (Fort Wayne) — read the source article.