Indiana

Tocsin

Census-designated place Tocsin is a census-designated place in Indiana, in Wells County. A census-designated place is an unincorporated community that the Census Bureau defines for statistics; it has no city government of its own.

The median owner-occupied home in Tocsin had a real-estate tax bill of $717 (± $73) a year, compared with $1,496 in Indiana and $2,969 nationwide. The Census estimate of the median home value is too imprecise to report.

U.S. Census Bureau estimates for Tocsin, Indiana and the United States, with margins of error
MeasureTocsinIndianaUnited States
Population 269 ± 225 6,811,752 332,387,540
Median annual property tax bill (homeowners) $717 ± $73 $1,496 ± $7 $2,969 ± $3
Median home value Too imprecise to report (estimate $86,500, margin of error ± $52,747) $201,600 ± $922 $303,400 ± $362
Median household income Too imprecise to report (estimate $34,525, margin of error ± $27,563) $70,051 ± $293 $78,538 ± $176
Property tax as a share of home value (calculated) Too imprecise to report (estimate 0.83%, margin of error ± 0.51 points) 0.74% ± under 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners Too imprecise to report (estimate 85.2%, margin of error ± 55.8 points) 70.4% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older Too imprecise to report (estimate 4.1%, margin of error ± 19.6 points) 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 11.2%, margin of error ± 33.4 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 Tocsin, 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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