Indiana real estate taxes
Would you guys be so kind please and explain to me how do real estate taxes in Indiana work?
For example, in Arizona and California taxes are 1% from the purchase price. So if I bought my house for 200 K. 5 years ago my taxes are 2000 per year. They do not really change.
1) are the taxes in Indiana also 1 Petcent from purchase prise?
2) do the taxes change often? For example, I have seen some properties in Indiana where taxes doubled within the last year and there was no transfer of ownership. Is that common in Indiana for taxes to double or increase significantly ?