Fellsmere, Indian River County, Florida Property Taxes

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Property Taxes in Fellsmere, Florida

Median Fellsmere, Florida effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Fellsmere, Florida home value: $189,968
Median annual Fellsmere, Florida tax bill: $1,470, $930 lower than the national median property tax bill of $2,400.

How are property taxes in Indian River calculated?

Property taxes in Fellsmere, Florida are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fellsmere's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fellsmere, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Fellsmere, Indian River County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$1,273

$1,181

How Does the Fellsmere Property Tax Calculator Work?

Use this Fellsmere property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fellsmere's median effective tax rate of 0.67% — based on actual property records in Indian River County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fellsmere's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Fellsmere: rates range from 0.67% in 32948 to 0.67% in 32948, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fellsmere.

About Fellsmere Property Taxes

About Property Taxes in Fellsmere, Indian River, Florida

Fellsmere's median effective property tax rate of 0.67% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Indian River County base levy combined with local school district levies and Municipal Service Benefit Units (MSBUs) that vary by subdivision throughout the city.

Property tax rates are not uniform across Fellsmere. Homeowners in the 32948 ZIP code carry a median effective rate of 0.67%, while those in the same ZIP code pay 0.67%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Indian River County. Understanding which part of Fellsmere you live in can make a meaningful difference to your annual tax bill.

Fellsmere homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before the September 15, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Fellsmere, Indian River County, Florida

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Fellsmere's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Property Tax Rates Across Fellsmere, Indian River County, Florida

Source: Ownwell

0.67%

0.86%

1.06%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fellsmere Tax Rate

0.67%

Median Effective Indian River County Tax Rate

0.84%

Median Effective Florida Tax Rate

1.10%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fellsmere, Indian River County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32948	0.30%	0.40%	0.67%	1.40%	1.54%

Source: Ownwell

Property Tax Assessment Values Across Fellsmere, Indian River County, Florida

When examining property taxes in Fellsmere, Florida, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Indian River County property appraiser estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Indian River County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. The median home price in Fellsmere is $189,968, with tax bills ranging significantly across the county. Zip code 32948 has the highest median home price at $189,968.

Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, Fellsmere property owners may see different outcomes based on local assessed values and exemptions.

Property Tax Assessment Values Across Fellsmere, Indian River County, Florida

Source: Ownwell

$48,581

$481,747

$914,913

Median Fellsmere Market Value

$189,968

Median Indian River County Market Value

$313,805

Median Florida Market Value

$310,033

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fellsmere, Indian River County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32948	$75,238	$113,435	$189,968	$365,547	$520,839

Source: Ownwell

Property Tax Bills Across Fellsmere, Indian River County, Florida

Property tax bills in Fellsmere are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill is shaped by both the value of the home and the taxing authorities that apply within Indian River County. With a median home price of $189,968, property taxes can vary widely depending on where a home falls in the market and what exemptions may apply.

The typical property tax bill in Fellsmere is $1,470, which is below the national median property tax bill of $2,400. That lower bill can help keep annual housing costs more manageable, but homeowners with higher-valued properties may still see larger bills. The 25th percentile tax bill is $738, while the 75th percentile is $2,666 and the 90th percentile reaches $4,103. These differences show how assessed value and local tax rates combine to determine what homeowners owe each year.

Property Tax Bills Across Fellsmere, Indian River County, Florida

Source: Ownwell

$476

$4,291

$8,106

Median Fellsmere Tax Bill

$1,470

Median Indian River County Tax Bill

$2,603

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Fellsmere, Indian River County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32948	$439	$738	$1,470	$2,666	$4,103

Source: Ownwell

Don't miss the deadline to petition!

Dates
Appeal Deadline	September 15
Tax Bill
Due Date #1	March 31

Links
Indian River Property Appraiser
Website	qpublic.schneidercorp.com

Frequently Asked Property Tax Questions in Fellsmere, Florida

How are property taxes calculated in Fellsmere, Florida?

Property taxes in Fellsmere, Florida are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Fellsmere, Florida?

To appeal your property taxes in Fellsmere, Florida, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Fellsmere, Florida?

Common property tax exemptions in Fellsmere, Florida include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Fellsmere, Florida?

Property tax deadlines in Fellsmere, Florida vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Fellsmere, Florida?

Ownwell provides professional property tax appeal services in Fellsmere, Florida. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.