Indiana

Morristown

Town Morristown is a town in Indiana, in Shelby County.

The median owner-occupied home in Morristown had a real-estate tax bill of $903 (± $156) a year, compared with $1,496 in Indiana and $2,969 nationwide. The median home value was $137,500 (± $29,921), compared with $201,600 in Indiana and $303,400 nationwide.

U.S. Census Bureau estimates for Morristown, Indiana and the United States, with margins of error
MeasureMorristownIndianaUnited States
Population 996 ± 200 6,811,752 332,387,540
Median annual property tax bill (homeowners) $903 ± $156 $1,496 ± $7 $2,969 ± $3
Median home value $137,500 ± $29,921 $201,600 ± $922 $303,400 ± $362
Median household income $47,850 ± $7,131 $70,051 ± $293 $78,538 ± $176
Property tax as a share of home value (calculated) 0.66% ± 0.18 pointsrough guide only: the margin of error is 28% of the estimate 0.74% ± under 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 67.2% ± 10.6 points 70.4% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 31.7% ± 10.5 pointsrough guide only: the margin of error is 33% of the estimate 30.5% ± 0.1 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 15.7%, margin of error ± 9.4 points) 16.2% ± 0.2 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Indiana

How it works. County tax sale creates certificate; unredeemed property proceeds through petition/court order to tax deed

Excess sale money. County maintains a tax-sale surplus fund. Owner of record divested by tax deed may file a verified claim for qualifying surplus; unclaimed amounts remaining 3 years transfer to county general fund under SBOA guidance citing IC 6-1.1-24-7

These rules are set by Indiana, not by Morristown, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Indiana entry with statute links.

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