Indiana Over-65 Property Tax Deduction

Knox County Auditor / Indiana Department of Local Government Finance

Available Property Tax Relief

About This Program

Indiana property tax deduction for homeowners age 65+ with income below specified thresholds. Reduces the assessed value of your property by up to $12,480, resulting in lower annual property taxes. Must apply through Knox County Auditor by December 31.

Deduction reduces assessed value by up to $12,480, lowering annual tax bill

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

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

Key Details

  • Property tax deduction for homeowners age 65+
  • Up to $12,480 assessed value reduction
  • Income limits apply (adjusted annually)
  • Must apply by December 31 each year
  • Available to Knox County homeowners

How to Apply

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

Your application paperwork

Form to file: Application for Senior Citizen Property Tax Benefits (State Form 43708)

Indiana gives homeowners age 65 and older a property tax deduction (the lesser of half the assessed value or 14,000 dollars) when their income and the home's assessed value are within the limits. You file the Senior Citizen Property Tax Benefits application (State Form 43708) once with your county auditor and do not reapply each year.

Steps to apply

  1. Confirm you are 65 or older by December 31 of the year before the claim and meet the income limit (60,000 dollars single, 70,000 dollars joint) and assessed-value cap.
  2. Get State Form 43708, Application for Senior Citizen Property Tax Benefits, from the Indiana DLGF.
  3. Complete the form with your ownership, age, and income information.
  4. File it with your county auditor in person or by mail by the January 15 deadline to apply to that year's bill.

Documents you will likely need

  • Proof of age (65 or older).
  • Proof you own and occupy the home.
  • Your adjusted gross income for the relevant year.
  • The completed State Form 43708.

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: December 31 annually

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