27 articles tagged with "homestead".
How-To Guides6 min read
How to calculate what an Indiana school referendum will cost you: net assessed value after the $40,000 and 46% homestead deductions, times the rate per $100. Why the caps and the $300 SB 1 credit do not shrink it, with DLGF-certified rates for 10 districts.
How-To Guides5 min read
Indiana divorce and property taxes: who keeps the homestead deduction, why legally separated spouses still share one, how the departing spouse claims a new home, quitclaim sales disclosures, who owes the installments, and refunds.
How-To Guides5 min read
Who can claim the Indiana homestead deduction when the house is titled to a living trust, an LLC, a life tenant, a land contract buyer, or unmarried co-owners, what to file on Form HC10, and what losing homestead costs.
How-To Guides8 min read
Indiana property tax terms in plain English: assessed value (gross vs. net), true tax value, levy, certified rate, circuit breaker, homestead deductions, Form 130, PTABOA, IBTR, TIF, and more, each with its Indiana Code citation.
How-To Guides4 min read
Every deduction and credit statement for taxes payable 2027 must be completed, dated, and filed with your county auditor by January 15, 2027 — one unified deadline under current Indiana law. What still requires a filing after SB 1 and HEA 1210, and what applies automatically.
How-To Guides5 min read
Indiana has no inheritance tax, but property taxes don't pause for probate. Here's what happens to the homestead deduction after a death, what surviving spouses and heirs need to file, and the traps that lead inherited homes to tax sale.
How-To Guides4 min read
On an Indiana land contract the buyer typically pays the property taxes — but gets the homestead deduction only if the contract is recorded and meets statutory requirements. Here's how to avoid paying double.
Property Taxes5 min read
Indiana counties actively audit homestead deductions. An ineligible homestead means up to three years of back taxes plus a 10% civil penalty under IC 6-1.1-36-17. Here's what triggers a flag and how to fix it.
Property Taxes7 min read
SEA 1 lets counties adopt a local income tax of up to 0.3% solely to reduce homestead property tax bills. HEA 1210 extended the window through 2028. How it works, and how it differs from the other LIT rates.
Real Estate Investing6 min read
Short-term renting your Indiana home can cost you the homestead deduction and shift you from the 1% cap toward 2% or 3%. The rules, how assessors find STRs, and the fix.
How-To Guides6 min read
How Indiana assesses an accessory dwelling unit: the permit-to-assessor pipeline, homestead treatment, and the 1% vs 2% cap split when you rent the ADU out.
How-To Guides7 min read
Indiana taxes mobile homes on two tracks: annually assessed personal property on rented land or real property on owned land. Due dates, moving permits, deductions.
How-To Guides6 min read
Moving to Indiana? How the 1%/2%/3% property tax caps compare to Illinois, Ohio, Kentucky, and Michigan, the homestead filing deadline, and the escrow gotcha.
How-To Guides5 min read
A step-by-step walkthrough to estimate your 2026 Indiana property tax bill under SB 1: gross AV, deductions, net AV, district rate, circuit-breaker cap, and the $300 credit.
Property Taxes9 min read
If you bought a Marion County home and never filed the homestead deduction, your 2026 bill loses the 1% cap, the deduction itself, and the new $300 SB1 credit. Here is how to fix it.
Property Taxes6 min read
Your Marion County property class code describes what the parcel is, not which tax cap you get. What codes like 510, 511, 520, and 401 actually mean, how a wrong cap tier really happens, and how to correct it.
Property Taxes8 min read
Indiana counties can now let qualified homeowners defer $100 to $500 of homestead property tax per year, up to $10,000 lifetime. How the program works, who it actually helps, and the lien fine print to read before applying.
How-To Guides8 min read
Classification decides whether your post-frame building is capped at 1%, 2%, or 3% — and the cost-schedule math behind the assessed value is full of correctable errors. A property-owner's guide for 2026.
How-To Guides6 min read
How Indiana prorates property taxes at closing, why arrears billing matters, how the settlement statement credits the buyer, and the homestead refile buyers miss.
Property Taxes6 min read
Indiana eliminated the property tax mortgage deduction in 2023, and SB 1 made the replacement supplemental deduction permanent. For homeowners still seeing 'mortgage deduction' on old paperwork, here's what changed and what to look for in 2026.
How-To Guides8 min read
The Over-65 deduction reduces Marion County property tax bills meaningfully for qualifying seniors. SB 1 expanded the credit alongside the homestead deduction. Here's eligibility, filing, and the math for a typical Indianapolis senior household.
Property Taxes6 min read
Indiana's spring 2026 tax bills include a new 10% homestead credit capped at $300. Here's who qualifies automatically, where it appears on your bill, and the math on a sample home.
Property Taxes8 min read
Indiana's SB 1 is the biggest property tax reform in years. New 10% homestead credit, increased supplemental deduction, a 4% levy growth limit for 2026, and expanded senior benefits — here's what it means for your tax bill.
Property Taxes5 min read
Complete guide to Indiana's homestead deduction. How to apply, eligibility requirements, the $48,000 standard deduction, supplemental deduction, and how much you can save.
How-To Guides7 min read
Most Indianapolis homestead parcels are bound by the 1% circuit breaker cap rather than their gross tax. Here's the math, why it matters for appeals, and what it means for your bill.
Agriculture6 min read
Jay County Portland and rural ag owners face the 2026 DLGF $2,120/acre base rate plus SB 1 homestead changes. Form 11 in mid-April; June 15 appeal deadline.
Property Taxes6 min read
Jennings County Vernon and rural owners face the 2026 cost-table reset and SB 1 homestead changes. 0.63% effective rate, $300 supplemental credit, June 15 appeal.