Montezuma is a small city in Indiana with a median income of $35,979 per household. Besides being much less affluent than average, its population is younger than others with a median age of 38 years. Detached homes account for 100% of the area's current housing market. The best school in the city is Montezuma Elementary School.
Homes in Montezuma are generally less expensive than others in the state with a median home value of $55,200 and an average list price of $94,473.
The typical dwelling in Montezuma is a three-bedroom detached home worth about $112,250. To purchase a similar home, a buyer with good credit and a $22,450 cash down payment could obtain a mortgage with a 3.95% interest rate and a $645 monthly payment. The property tax rate is $7.95 per $1,000 of taxable assessed value.
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