Indiana

Waverly

Census-designated place Waverly is a census-designated place in Indiana, in Morgan 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 Census Bureau does not publish a reliable median property tax bill for Waverly. The median home value was $254,100 (± $94,251), compared with $201,600 in Indiana and $303,400 nationwide.

U.S. Census Bureau estimates for Waverly, Indiana and the United States, with margins of error
MeasureWaverlyIndianaUnited States
Population 1,006 ± 377 6,811,752 332,387,540
Median annual property tax bill (homeowners) Too imprecise to report (estimate $1,029, margin of error ± $592) $1,496 ± $7 $2,969 ± $3
Median home value $254,100 ± $94,251rough guide only: the margin of error is 37% of the estimate $201,600 ± $922 $303,400 ± $362
Median household income Too imprecise to report (estimate $72,426, margin of error ± $56,371) $70,051 ± $293 $78,538 ± $176
Property tax as a share of home value (calculated) Too imprecise to report (estimate 0.40%, margin of error ± 0.28 points) 0.74% ± under 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners Too imprecise to report (estimate 82.3%, margin of error ± 42.2 points) 70.4% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older Too imprecise to report (estimate 28.5%, margin of error ± 18.2 points) 30.5% ± 0.1 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 0.0% ± 14.4 pointsrough guide only 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 Waverly, 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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