Indiana Homestead Standard Deduction

Indiana Department of Local Government Finance

Available Property Tax Relief

About This Program

The Grant Map catalogs Indiana Homestead Standard Deduction in its Indianapolis, IN research directory. The record carries audience tags for homeowners; those tags do not establish eligibility or current service coverage.

Every Indiana homeowner should file this. Reduces your taxable assessed value by $48,000 (standard) plus a supplemental credit on any remaining assessed value. File once with the Marion County Auditor, stays on your property until you move. Most homeowners qualify but many don't know to file.

All owner-occupied homes, file once

The cited program-specific URL responded on 2026-07-21; confirm current terms.

Record set last reviewed 2026-04-01. How we verify our data.

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IHCDA Next Home Down Payment Assistance Up to 3.5% of purchase price

Key Details

$48,000 standard deduction + supplemental credit
File once, stays until you move
Marion County Auditor processes applications

How to Apply

Review possible next steps Open Cited Source Track this program

Program phone: 317-327-4646

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Your application paperwork

Form to file: Claim for Homestead Property Tax Standard / Supplemental Deduction (State Form 5473 / HC10)

The Homestead Standard Deduction lowers the taxable assessed value of the Indiana home you own and occupy as your principal residence, and it unlocks an additional supplemental deduction. You file the homestead claim (State Form 5473, the HC10) once with your county auditor and do not reapply each year.

Steps to apply

Confirm you own and occupy the Indiana home as your principal place of residence and do not claim a homestead elsewhere.
Get the Homestead Deduction claim form (State Form 5473 / HC10) from the Indiana DLGF.
Complete it with the property and owner information, including the last five digits of the owner's ID.
File it with your county auditor by the December 31 deadline to apply to the next year's bill.

Get the official form

Documents you will likely need

Proof you own and occupy the home as your principal residence.
The owner's Social Security number and driver license or state ID (last digits) as the form requires.
The property's parcel or key number.
The completed homestead claim form.

Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.

Deadline: File with Marion County Auditor, one time, stays until you move

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Frequently asked questions

What amount is listed for Indiana Homestead Standard Deduction in Indianapolis, IN?

The Grant Map record states: Up to $48,000 assessed value reduction. Confirm the current amount and eligible costs with the administrator.

What audience tags are recorded for Indiana Homestead Standard Deduction in Indianapolis?

The directory record carries audience tags for homeowners. It also carries a no-income-limit tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.

How do I apply for Indiana Homestead Standard Deduction in Indianapolis, IN?

Confirm the application route directly with Indiana Department of Local Government Finance; use the cited source on this page as a starting point or call 317-327-4646. Confirm any fee or cost with the administrator.

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