Indiana Homestead Standard Deduction

Floyd County Auditor

Available Property Tax Relief

About This Program

Indiana's standard homestead deduction reduces the assessed value of owner-occupied primary residences by up to $48,000 (60% of gross assessed value), lowering annual property taxes. All New Albany homeowners should verify they are receiving this benefit.

Property tax savings based on reduction of assessed value

Key Details

  • Reduces assessed value up to $48,000
  • Available to all owner-occupied homes
  • Automatic annual renewal once filed
  • No income limit
  • Contact Floyd County Auditor to apply

How to Apply

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

Deadline: Must file by December 31 for next tax year

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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