Indiana Homestead Standard Deduction

Indiana Department of Local Government Finance

Available Property Tax Relief

Start here

Application next step

Availability: Available
Listed amount: Up to 60% of assessed value (max $48,000)

Open official form and preparation tools Open Cited Source

About This Program

The Grant Map catalogs Indiana Homestead Standard Deduction in its Lawrence, IN research directory. The record carries audience tags for homeowners; those tags do not establish eligibility or current service coverage.

Indiana's homestead deduction reduces property taxes for owner-occupied homes by up to 60% of assessed value, capped at $48,000. Must file with Marion County Auditor by January 5 each year. Homestead must be principal residence as of January 1.

Estimated annual property tax savings based on median home value and local tax rate

The cited general URL responded on 2026-09-18; it does not confirm this program or amount.

Record set last reviewed 2026-06-09. How we verify our data.

Other published resources for Lawrence, IN, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:

FEMA Hazard Mitigation Grant Program (HMGP) Varies, no individual cap; projects typically $10K-$200K+
FEMA Increased Cost of Compliance (ICC) Coverage Up to $30,000
HUD Lead Hazard Control & Healthy Homes Varies by jurisdiction, typically $5,000-$15,000 per unit
EPA / WIIN Act Lead Service Line Replacement Local lead-service-line replacement assistance varies; contact your water utility

Key Details

Reduces property taxes up to 60% of assessed value
Maximum deduction of $48,000
Must file annually by January 5
Available to all Indiana owner-occupants
File with Marion County Auditor

How to Apply

Confirm the current application route with the administrator. Verified official forms and steps appear below when available.

Prepare your application

Review the likely documents and download a blank preparation checklist. The blank PDF does not include saved personal details.

Verified form to review: Claim for Homestead Property Tax Standard / Supplemental Deduction (State Form 5473 / HC10)

The Homestead Standard Deduction lowers the taxable assessed value of the Indiana home you own and occupy as your principal residence, and it unlocks an additional supplemental deduction. You file the homestead claim (State Form 5473, the HC10) once with your county auditor and do not reapply each year.

Steps to apply

Confirm you own and occupy the Indiana home as your principal place of residence and do not claim a homestead elsewhere.
Get the Homestead Deduction claim form (State Form 5473 / HC10) from the Indiana DLGF.
Complete it with the property and owner information, including the last five digits of the owner's ID.
File it with your county auditor by the December 31 deadline to apply to the next year's bill.

Get the official form

Documents you will likely need

Proof you own and occupy the home as your principal residence.
The owner's Social Security number and driver license or state ID (last digits) as the form requires.
The property's parcel or key number.
The completed homestead claim form.

Download blank checklist (PDF)

Already sent us your project details? Sign in to download a preparation sheet with those details. For supported VA programs, you can also get a partially completed official form.

Open my application tools

Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.

Review contractor options Track this program

Program phone: (317) 327-4646

Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.

Deadline: File with county by January 5 annually

Questions about this program?

Email us at no charge. Replies may be automated and are for information only. For a decision on your application, contact the program administrator.

Email us about this program

Report a problem with this listing

Frequently asked questions

What amount is listed for Indiana Homestead Standard Deduction in Lawrence, IN?

The Grant Map record states: Up to 60% of assessed value (max $48,000). Confirm the current amount and eligible costs with the administrator.

What audience tags are recorded for Indiana Homestead Standard Deduction in Lawrence?

The directory record carries audience tags for homeowners. It also carries a no-income-limit tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.

How do I apply for Indiana Homestead Standard Deduction in Lawrence, IN?

Confirm the application route directly with Indiana Department of Local Government Finance; use the cited source on this page as a starting point or call (317) 327-4646. Confirm any fee or cost with the administrator. Deadline: File with county by January 5 annually.

Need a Contractor for This Project?

Browse local listings or request an introduction. The Grant Map does not guarantee licensing, program experience, work quality, or funding.

Get matched with a pro, free Browse Lawrence, IN contractors

Find More Programs in Lawrence, IN

This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.

See All Programs