Property Tax Deduction Filing

Credits and requirements include:

Mortgage Deduction

$3,000 deducted from assessed value of property. For properties closed after July 1, 2008, new procedures require the title company to file for the Homestead Exemption using the Indiana State Sales Disclosure Form (State Form 46201). The title company sends this form to the county recorder’s office along with your deed. Although this is done automatically, it is in your best interest to call the recorder’s office of the county in which the property is located to verify that this exemption has been filed. For more information on the new sales disclosure form, click here.

Homestead Credit

$35,000 Deducted from the assessed value of property and 20 percent deducted from the net tax amount. Taxpayers are eligible for homestead credit on their principal residence, only. Homestead consists of dwelling and real estate not to exceed (1) acre. Homeowners must still personally file for the mortgage tax exemption. You can do this by taking a copy of the settlement statement you received at closing to your County or Township Auditor’s or Assessor’s Office.

Over 65 Age Deduction

$6,000 deducted from the assessed value of the property before taxes are calculated. Property owners must reside on the property or be in a nursing home. Applicants must earn less than $25,000 adjusted gross income, combined with their spouse or other individuals on their deed. The assessed value of all properties cannot exceed $69,000. Applicants should bring their income tax return when applying.

Blind or Disabled Persons Deduction

$6,000 deducted from the assessed value of the property. Applicants must bring proof of blindness or disability when filing. The individual's income cannot exceed $17,000 and proof of income is required. The social security award certificate or a doctor's statement is required when filing.

Disabled Veteran’s Deduction

Applicants must furnish the auditor with the abatement from the Veteran's Administration. The deduction applies only to disabled veterans. Within certain guidelines, these veterans are eligible for deduction from the assessed property value ranging from $6,000 to $18,000. To obtain a certificate of eligibility form (#51186) or an abatement slip from VA, call 232-3910 and ask for John Brinkley. The form number for an abatement slip is 20-5455.

Contract Deduction

Those individuals buying on a contract are eligible for a $3,000 deduction, if the contract is recorded and if the buyer is responsible for the property taxes. People who formerly bought on a contract and have taken a mortgage must notify the auditor or lose their previous deduction.

Geo Thermal Deduction

When filing for the first time it is necessary to bring the model number, serial number and the BTU of the system. Former filers do not have to renew this deduction unless there has been a change, such as installing a new system.

Mobile Homes

This legislative change allows mobile home and manufactured homeowners to apply for the various deductions, including mortgage deduction, homestead credit, disabled or blind, over 65 age, disabled veterans, etc. The total deduction a mobile home may receive may not exceed 1/2 of the assessed value of the mobile home or manufactured home. The applicants must provide a copy of the installment loan, or otherwise document the amount and term of the debt on the mobile home, at the time the taxpayer applies for the "mortgage" deduction. When filing, it is helpful to bring the registration or title to the mobile home. Filing is between January 15 through March 1. Those who applied last year do not have to re-file, unless there has been a change.

Hamilton County Deduction Filing Locations:

Historic Courthouse in Noblesville

First Floor, West Side

Monday – Friday 8:00a.m. – 4:30p.m.

Carmel/Clay Township Assessor’s Office

10701 North College Avenue, Indianapolis (Homeplace)

Monday – Friday 8:00a.m. – 4:30p.m. 317.848.7116

Fall Creek Township Assessor’s Office

Properties East of Cumberland Road 13166 Hamilton Commons Blvd., Fishers

(1-69 to Exit 10 beside Amish Mart)

Monday – Friday 8:00a.m. – 4:30p.m. 317.770.3902

Delware Township Assessor’s Office

Properties West of Cumberland Road 9090 East 131st Street, Fishers

Monday – Friday 8:00a.m. – 4:30p.m. 317.577.0501

Jackson Township Assessor’s Office

820 South Peru Street, Cicero 2 Blocks North of McDonald’s on SR 19

Monday – Friday 8:00a.m. – 4:30p.m. 317.984.8200


Questions regarding deductions may be directed to 317.776.9602 or 317.776.8296.