Indiana Homestead Standard Deduction

Indiana Department of Local Government Finance

Available Property Tax Relief

About This Program

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

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

Get free help applying Visit Official Program Page Track this program

(317) 327-4646

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

Deadline: File with county by January 5 annually

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