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State Form 51781 (R /1-05) INDIANA PROPERTY TAX BENEFITS (THIS FORM MUST BE PRINTED ON GOLD OR YELLOW PAPER) Listed below are certain deductions and credits available for property taxes on real property.

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To file in person, you should take the packet you received at closing to your county auditor's office. Tell them you need to file your mortgage exemption. To file via mail, you can obtain the mortgage exemption form at the IN.gov website.

To file in person, you should take the packet you received at closing to your county auditor's office. Tell them you need to file your mortgage exemption. To file via mail, you can obtain the mortgage exemption form at the IN.gov website.

Note: A new application must be filed whenever a loan or real estate is refinanced. The deduction equals $3,000, one-half of the assessed value of the property, or the balance of the mortgage or contract indebtedness as of the assessment date, whichever is least.

On March 21, 2022 House Enrolled Act 1260-2022 was signed into law repealing the mortgage deduction as of January 1, 2023. As of January 1, 2023, the Mortgage deduction has been repealed.

To qualify for the homestead credit in Indiana, you must reside in your own home, which includes mobile and manufactured homes, on land not exceeding one acre and you must have owned the property by March 1 of the current property tax year.

Applications completed by December 31 will be effective for the current year and will reflect on the following years tax bill.

Charitable, educational and other purposes. The most common exemption is for property “owned, occupied, and used by a person for educational, literary, scientific, religious, or charitable purposes.” Ind.

As of January 1, 2023, the Mortgage deduction has been repealed. This means that property owners are no longer able to apply for/receive this deduction as of the January 1, 2023 assessment date payable in 2024 property tax cycle.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
51781 Form
This form is available in several versions.
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2024 IN State Form 51781
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  • 2024 IN State Form 51781
  • 2021 IN State Form 51781
  • 2020 IN State Form 51781
  • 2017 IN State Form 51781
  • Indiana Property Tax Benefits Form 51781
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