Home / Home Equity Loans by state / Indiana / Spencer County / Mariah Hill

Home equity loans in Mariah Hill, Indiana

The typical owner-occupied home in Mariah Hill is worth about $193,800, 11% below the Indiana median of $218,200 and 42% below the national median of $332,700. Owners pay a median $2,063 a year in property taxes, about 1.06% of their home's value, higher than the Indiana rate of 0.74%. The median household earns $46,932 a year, so the median home costs 4.1 times the median income (3.0 times for Indiana). 38% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.

Mariah Hill at a glance

Mariah Hill Indiana U.S.
Median home value $193,800 $218,200 $332,700
Median property tax paid per year $2,063 $1,614 $3,119
Property tax as a share of value 1.06% 0.74% 0.94%
Median household income $46,932 $71,957 $80,734
Homes lived in by their owners 38% 71% 65%
Owner homes with a mortgage 47% 64% 61%
Median monthly costs, owners with a mortgage – $1,404 $1,963
Median rent – $1,062 $1,413
Median year homes were built 1966 1976 1980
Vacant homes 0.0% 8.8% 10.1%
Population 100 6,851,073 334,922,499

How much equity Mariah Hill owners could borrow

Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Mariah Hill home of $193,800, 80% is $155,040.

53% of Mariah Hill owners have no mortgage at all, so they could borrow up to the full 80% limit.

If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.

Borrowing limit on a $193,800 home (80% to 85% of value)
Owe nothing$155,040 to $164,730
Owe $48,450$106,590 to $116,280
Owe $96,900$58,140 to $67,830
Owe $125,970$29,070 to $38,760

Before the lender's own limits, fees and your credit and income checks.

Change the numbers in the calculator

Questions about home equity loans in Mariah Hill

What is the median home value in Mariah Hill?

About $193,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Mariah Hill?

Homeowners pay a median $2,063 a year, which is about 1.06% of the median home value. Your bill depends on your home's assessed value and local rates.

How much can I borrow against my home in Mariah Hill?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $193,800, an 80% limit is $155,040 before subtracting your mortgage.

More about Mariah Hill

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data