Policy Documents Contains Revenue Rulings, Redacted Private Letter Rulings, Statements of Acquiescence or Non-Acquiescence, and Revenue Information Bulletins issued by the Louisiana … Section 20. What political subdivisions impose property taxes? The median property tax in Iberia Parish, Louisiana is $284 per year for a home worth the median value of $98,100. (A) Homeowners. Property Taxes: Louisiana has a median property tax rate of 0.18% and is the lowest in the nation. When are property taxes due? The median annual property tax payment in Louisiana is $919, though this can drop to around $200 in some counties. These rules, regulations, and guidelines are valid until such time that they are amended by the Louisiana Tax Commission, in accordance with the laws of the State of Louisiana. RULING RR-2008 - March 18, 2008 . Louisiana law states that the owner of the property as of January 1 st of that year shall receive the tax bill in that name, so contact your parish assessor’s office upon buying or selling a home. 1. A property with a taxable value of $100,000 would be paying yearly property taxes of $180.   Median Home Price: The median home value in Louisiana is $147,600. Median Rent: The median rent for a property in Louisiana … ‚ Louisiana's constitution authorizes the levy of property taxes by parishes, municipalities, levee districts, and other political subdivisions as may be provided by law. The median property tax in Louisiana is $243.00 per year for a home worth the median value of $135,400.00. Property tax is levied by a political subdivision (also referred to as "taxing authority") upon taxable property … Iberia Parish collects, on average, 0.29% of a property's assessed fair market value as property tax. When they don’t, the parish tax collector sells the property at a tax sale. See Louisiana Revised Statutes 47:2122; Tax sale party: means the tax notice party, the owner of property, including the owner of record at the time of a tax sale, as shown in the conveyance records of the appropriate parish, and any other person holding an interest, such as a mortgage, privilege, or other encumbrance on the property… Iberia Parish has one of the lowest median property tax rates in the country, with only two thousand seven hundred thirty seven of the 3143 counties collecting a lower property … Homestead Exemption. Louisiana . There are currently no state property taxes in Louisiana. Louisiana property owners must pay property taxes. The property taxes for the above referenced property were not paid. In accordance with the notice requirement contained in Article VII, Section 25 of the Louisiana Constitution, you are hereby notified that if the delinquent property taxes are not paid within twenty days of the date of this notice, the property will be sold at tax … Complete set of rules promulgated by the Louisiana Department of Revenue can be obtained through the Office of State Register. TABLE OF CONTENTS . For the current property millage rates, or questions about the assessed value of a particular parcel, contact the Caddo Parish Tax Assessor at 318-227-6701. (1) The bona fide homestead, consisting of a tract of land or two or more tracts of land even if the land is classified and assessed at use value pursuant to Article VII, Section 18(C) of this constitution, with a residence on one tract and a field with or without timber on it, … §20. At just 0.53%, Louisiana has the fifth lowest effective property tax rate of any U.S. state. Counties in Louisiana collect an average of 0.18% of a property's assesed fair market value as property tax per year.. Louisiana has one of the lowest median property tax rates in the United States, with only states collecting a lower median property tax than Louisiana. Inconsistencies in spelling, capitalization, and punctuation are due to the differences of the quoted … Property taxes are due annually on December 31 st and will be paid by your lender if you selected to escrow them. All property within Caddo Parish must (by state law) be reassessed every four years. 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