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Allen County Courthouse
301 N. Main Street
Room 203
Lima, OH 45801

Phone:
419-223-8515
Fax:
419-222-7852

Mailing Address:
PO Box 123
Lima, OH 45802

Hours of Operation:
Monday-Friday
8:00am - 4:30pm

 

Real Estate Billing Detail


click here for printable version

How to Calculate your Real Estate Tax

 

Auditors Apraisal of your home

 

     29,914.29

 

multiply by 35%

X

             0.35

 

Auditors adjusted value for taxes

 

     10,470.00

I

To calculate Re Charge before credit

   
 

Auditors adjusted value for taxes

 

     10,470.00

 

Total Gross Tax rate

X

       0.05768

 

Tax before any credits or exemptions

/ 2

         603.91

 

Divide by 2 to have 2nd half

 
 

Real Estate Taxes

 

         301.95

II

Auditors adjusted value for taxes

 

     10,470.00

 

Residential/Agriculture Net Rate

X

      0.043621

 

Tax before Rollback & Exemptions

/ 2

         456.71

 

Divide by 2 to have 2nd half subtotal

 

         228.36

       

III

Tax before Rollback & Exempt

 

         228.36

 

10% Rollback from State of Ohio

X 10%

           22.84

 

2 1/2% Homesite exemption *

X 2.5%

             5.71

 

Homestead Exemption **

 

n/a

IV

1/2 Real Estate Net Taxes

 

         199.81

 

Special Assessments

+

           91.71

 

Total 2nd Half Taxes Due

 

         291.52


* To receive the 2 1/2% deduction the owner of the property must reside in the home.

** Contact the Auditor's office for an application Certain criteria exist,

  1. You are 65 or older or are permanently and totally disabled and you own and live in the residence  receiving the exemption.
  2. You are a surviving spouse between 59 and 64 whose property was already receiving exemption
  3. Have an income below $23,300. 
  4. Make application for exemption by the 1st Monday in June with the Auditor’s Office.

WHERE DOES MY MONEY GO?

Look at the example bill, the bottom portion lists how much each organization receives.

The Tax Rate Sheet will give the breakdown on how the money collected is distributed. For example, if you live in the city of Lima and in the Lima City School district, your Taxing District will be M38 or  you can look at your tax bill for the taxing district.

 

Per Tax Rate

Amount Received

Park

0.75

$

  2.96

Marimor

2.75

 $

 11.53

General County

2.4

 $

10.99

Child Serv

1.25

 $

 4.52

Sen Citizens

0.8

 $

3.08

Tri-County Health

0.5

 $

1.58

Township

0

 

-

Vill. or Corp.

3.9

 $

17.86

JVS

0

  

-

School/Library

45.33

 $

147.29
 

Real Estate Net Taxes

 $

199.81

Total Gross Rate

57.68
 

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