Indiana Homestead Standard Deduction

Hancock County Auditor

Available Property Tax Relief

About This Program

Indiana's homestead deduction reduces the assessed value of owner-occupied primary residences by up to 60%, significantly lowering property tax bills. File Form 54438 with county auditor once when you purchase or begin occupying the home.

Estimated annual tax savings from homestead deduction

Key Details

  • Up to 60% reduction in assessed value
  • For owner-occupied primary residences
  • File once with county auditor
  • No income restrictions
  • Significant property tax savings

How to Apply

A grant-savvy contractor in Greenfield, IN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: File once when you become owner-occupant

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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