Marion County, Indiana: What It Costs to Buy a Home
The median home in Marion County is worth $207,000, property taxes on it run about $1,923 a year (0.93%), the FHA loan limit is $541,287. Each number below opens its own page with the source and a calculator.
| Median home value | $207,000 | Title insurance at this price → |
|---|---|---|
| Property taxes (median paid) | $1,923 a year, 0.93% of value | Property tax page → |
| FHA loan limit (1 unit) | $541,287 | Loan limits page → |
| Conforming loan limit (1 unit) | $832,750 | Loan limits page → |
| Transfer tax | None in Indiana | Indiana transfer tax page → |
| Recording fees (deed + mortgage) | $80 | Recording fees page → |
| Closing costs from these items | $80 | Closing costs page → |
| Area median income (HUD, family of 4) | $110,300; low-income limit $88,250 | Income limits page → |
Frequently asked questions
How much do homes cost in Marion County?
The median owner-occupied home in Marion County is valued at $207,000, per U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units).
How much are property taxes in Marion County?
The median Marion County homeowner pays $1,923 a year in real estate taxes, about 0.93% of the median home value ($2,001 for homes with a mortgage), per the Census Bureau's American Community Survey.
What is the FHA loan limit in Marion County?
$541,287 for a one-unit home in 2026 (the national floor), per HUD; the conforming limit for Fannie Mae and Freddie Mac loans is $832,750, per FHFA.
What does it cost to close on a home in Marion County?
On the $207,000 median home: no transfer tax in Indiana, recording fees about $80, about $80 for those items before lender fees, prepaid taxes and insurance.
What is the area median income in Marion County?
HUD's FY 2026 median family income for Marion County (Indianapolis-Carmel, IN HUD Metro FMR Area) is $110,300. A family of four counts as low income below $88,250 under HUD's 80% tier (adjusted for local housing costs, so it can sit above 80% of the median), which is the line many first-time buyer assistance programs use.
Nearby Indiana counties
- LaPorte County $180,700
- Lawrence County $164,500
- Madison County $147,700
- Marshall County $184,500
- Martin County $150,400
- Miami County $118,000
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25103 (median real estate taxes paid)
- HUD, FHA forward mortgage loan limits for calendar year 2026 (CHUMS county limits file, Mortgagee Letter 2025-23)
- FHFA, conforming loan limits for mortgages acquired in calendar year 2026, by county
Figures are computed from the documents above and rounded to the dollar. All sources.
Every Indiana county → Indiana closing costs →
General information, not financial, tax or legal advice. Figures are medians and schedule computations, not quotes.
Counties in every state