Property Tax Cap (Circuit Breaker) Credit

Indiana Department of Revenue / Miami County

Available Property Tax Relief

About This Program

Indiana's property tax cap limits taxes on owner-occupied primary residences (homesteads) to 1% of the property's gross assessed value. The credit is automatically applied to all homestead properties; no separate application needed beyond homestead deduction.

Tax capped at 1% of assessed value; savings depend on assessed value and tax rate

Official source site checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Property tax capped at 1% of assessed value
  • Automatic for homestead properties
  • No separate application needed
  • Protects against excessive tax bills
  • Contact Miami County Auditor for details

How to Apply

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Automatic for homestead-eligible properties

Questions about this program?

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