Home › Guides › Indiana cities › Richmond
Wayne County · Richmond, INRichmond, IN property taxes. Values jumped. Make sure yours is right.
The typical home in Richmond was worth about $157,000 in January 2026, up 5.9% in a year. When values move this fast, assessments can overshoot individual homes, especially ones that need work.
Check my Richmond home for free →
What Richmond home values did
Richmond values rose 5.9% in the year to January 2026, reaching a new high. That's in line with Wayne County as a whole (+6.6%).
Since January, values have risen 4.8% through August 2026.
| Month | Typical value | vs. a year earlier |
|---|---|---|
| January 2021 | $107,000 | +10.7% |
| January 2022 | $122,000 | +14.1% |
| January 2023 | $132,000 | +7.6% |
| January 2024 | $136,000 | +3.1% |
| January 2025 | $148,000 | +9.5% |
| January 2026 | $157,000 | +5.9% |
| August 2026 (latest) | $165,000 | +4.8% since January |
January 2026 was the highest month since 2021.
What to check on your notice
The typical Richmond home gained 5.9% in the year to January 2026. A notice that rose far more than that, or a value above what similar homes nearby actually sold for, is the usual starting point for an appeal.
How Richmond compares nearby
Among 10 Wayne County places, Richmond has the 1st largest drop from its peak and the 9th highest typical value. Statewide, its 1-year change ranks 475th of 596 Indiana places, from weakest to strongest.
| Place | January 2026 | 1-year change | vs. peak |
|---|---|---|---|
| Richmond | $157,000 | +5.9% | At peak |
| Centerville | $208,000 | +8.0% | At peak |
| Hagerstown | $212,000 | +7.6% | At peak |
| Fountain City | $237,000 | +8.0% | At peak |
| Greens Fork | $247,000 | +8.0% | At peak |
| Williamsburg | $242,000 | +8.6% | At peak |
| Cambridge City | $184,000 | +5.1% | At peak |
| Milton | $214,000 | +8.1% | At peak |
| East Germantown | $123,000 | +8.8% | At peak |
| Economy | $259,000 | +6.7% | At peak |
Deadline and where to file
Richmond values are set by the local county or township assessor. File Form 130 with your assessor by June 15 of the assessment year if your Form 11 was mailed before May 1. If the Form 11 was mailed on or after May 1, the deadline is June 15 of the year the tax statements are mailed.
Reading this in fall 2026? The June 15, 2026 deadline for the January 1, 2026 assessment has passed. Your next regular chance is the January 1, 2027 assessment: if your Form 11 is mailed before May 1, 2027, file by June 15, 2027. If it is mailed on or after May 1, 2027, the deadline is June 15, 2028. A limited appeal to fix specific errors (wrong person, missed deduction or tax cap, math or clerical mistake) can still be filed up to 3 years after the taxes were first due.
The Wayne County guide covers the full Indiana appeal process: forms, fees, hearing levels and what happens next.
Building a Richmond case
Averages explain why a case might work. The decision turns on evidence about one property. Richmond is part of the Richmond metro, but your evidence should be local. Sales a few streets away usually beat sales across the metro.
- Bring evidence of value as of the January 1 assessment date, such as an appraisal, sales of comparable properties, or recent sale of your home.
Get your Richmond appeal report
Start with your address. Vulorean checks your assessment against recent comparable sales and builds a value report you can bring to your Indiana appeal. Eligible reports are free during launch; an account is required and local filing fees are separate.
Check my property and get a report →Vulorean was built for California first. Indiana forms, deadlines and filing rules vary, so confirm them with your local office before filing. If something in your report looks wrong, email support@vulorean.com and we'll get it fixed.
Home values: Zillow Home Value Index (ZHVI), all homes, mid-tier, smoothed and seasonally adjusted, through August 2026, from Zillow Research. Rules: Form 130, Taxpayer's Notice to Initiate an Appeal (State Form 53958 R9 4-26), Indiana Board of Tax Review: Appeal Process Overview (Sept 2026), Indiana Board of Tax Review: Taxpayer's Guide to Filing a Petition, DLGF Fact Sheet: Circuit Breaker Caps. Vulorean is an independent service, not a government office. Confirm dates and forms with your local office.