Sec. 0.5. For each year that a deduction from the assessed value of tangible property is allowed, the assessed value remaining after the deduction is the basis for taxation of the property. As added by Acts 1979, P.L.52, SEC.1.
Sec. 0.7. Any individual who is sixty-five (65) years of age, is blind, or has a disability (within the meaning of section 11 of this chapter) may appoint an individual eighteen (18) years of age or older to act on the individual’s behalf for purposes of filing property tax deduction statements for any deductions provided […]
Note: This repeal of section effective 1-1-2023. See also preceding version of this section, effective until 1-1-2023. [Pre-1975 Property Tax Recodification Citation: 6-1-1-5 part.] Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1980, P.L.39, SEC.1; Acts 1981, P.L.69, SEC.1; P.L.6-1997, SEC.41; P.L.291-2001, SEC.129; P.L.144-2008, SEC.9; P.L.81-2010, SEC.1; P.L.255-2017, SEC.11. Repealed by P.L.174-2022, SEC.12.
Note: This version of section effective until 1-1-2023. See also following repeal of this section, effective 1-1-2023. Sec. 1. (a) The following definitions apply throughout this section: (1) “Installment loan” means a loan under which: (A) a lender advances money for the purchase of: (i) a mobile home that is not assessed as real property; […]
[Pre-1975 Property Tax Recodification Citation: 6-1-4-2.] Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1979, P.L.54, SEC.2; Acts 1979, P.L.56, SEC.11. Repealed by Acts 1980, P.L.40, SEC.2.
Sec. 10.1. (a) Except as provided in section 17.8 of this chapter and subject to section 45 of this chapter, an individual who desires to claim the deduction provided by section 9 of this chapter must file a sworn statement, on forms prescribed by the department of local government finance, with the auditor of the […]
Sec. 11. (a) Except as provided in section 40.5 of this chapter, an individual may have the sum of twelve thousand four hundred eighty dollars ($12,480) deducted from the assessed value of real property, mobile home not assessed as real property, or manufactured home not assessed as real property that the individual owns, or that […]
Sec. 12. (a) Except as provided in section 17.8 of this chapter and subject to section 45 of this chapter, a person who desires to claim the deduction provided in section 11 of this chapter must file an application, on forms prescribed by the department of local government finance, with the auditor of the county […]
Sec. 13. (a) Except as provided in section 40.5 of this chapter, an individual may have twenty-four thousand nine hundred sixty dollars ($24,960) deducted from the assessed value of the taxable tangible property that the individual owns, or real property, a mobile home not assessed as real property, or a manufactured home not assessed as […]
Sec. 14. (a) Except as provided in subsection (c) and except as provided in section 40.5 of this chapter, an individual may have the sum of fourteen thousand dollars ($14,000) deducted from the assessed value of the real property, mobile home not assessed as real property, or manufactured home not assessed as real property that […]
Sec. 14.5. (a) As used in this section, “homestead” has the meaning set forth in IC 6-1.1-12-37. (b) An individual may claim a deduction from the assessed value of the individual’s homestead if: (1) the individual served in the military or naval forces of the United States for at least ninety (90) days; (2) the […]
Sec. 15. (a) Except as provided in section 17.8 of this chapter and subject to section 45 of this chapter, an individual who desires to claim the deduction provided by section 13 or 14 of this chapter must file a statement with the auditor of the county in which the individual resides. To obtain the […]
Sec. 16. (a) Except as provided in section 40.5 of this chapter, a surviving spouse may have the sum of eighteen thousand seven hundred twenty dollars ($18,720) deducted from the assessed value of his or her tangible property, or real property, mobile home not assessed as real property, or manufactured home not assessed as real […]
Sec. 17. Except as provided in section 17.8 of this chapter and subject to section 45 of this chapter, a surviving spouse who desires to claim the deduction provided by section 16 of this chapter must file a statement with the auditor of the county in which the surviving spouse resides. To obtain the deduction […]
Formerly: Acts 1975, P.L.52, SEC.2. As amended by Acts 1978, P.L.33, SEC.4; Acts 1979, P.L.56, SEC.15; Acts 1982, P.L.44, SEC.6; Acts 1982, P.L.45, SEC.11; P.L.69-1983, SEC.1; P.L.55-1988, SEC.7; P.L.291-2001, SEC.140; P.L.90-2002, SEC.109; P.L.177-2002, SEC.5; P.L.154-2006, SEC.17; P.L.183-2007, SEC.6; P.L.144-2008, SEC.23; P.L.183-2014, SEC.11; P.L.250-2015, SEC.4. Repealed by P.L.214-2019, SEC.9 and P.L.257-2019, SEC.23.
Note: This version of section effective 1-1-2023. See also preceding version of this section, effective until 1-1-2023. Sec. 17.8. (a) An individual who receives a deduction provided under section 9, 11, 13, 14, 16, 17.4 (before its expiration), or 37 of this chapter in a particular year and who remains eligible for the deduction in […]
Note: This version of section effective until 1-1-2023. See also following version of this section, effective 1-1-2023. Sec. 17.8. (a) An individual who receives a deduction provided under section 1, 9, 11, 13, 14, 16, 17.4 (before its expiration), or 37 of this chapter in a particular year and who remains eligible for the deduction […]
Sec. 17.9. A trust is entitled to a deduction under section 9, 11, 13, 14, 16, or 17.4 (before its expiration) of this chapter for real property owned by the trust and occupied by an individual if the county auditor determines that the individual: (1) upon verification in the body of the deed or otherwise, […]
Sec. 18. (a) This section applies only to rehabilitation of residential real property that occurs before January 2, 2017. (b) If the assessed value of residential real property described in subsection (e) is increased because it has been rehabilitated, the owner may have deducted from the assessed value of the property an amount not to […]
Sec. 19. (a) The deduction from assessed value provided by section 18 of this chapter (before its expiration) is first available in the year in which the increase in assessed value resulting from the rehabilitation occurs and shall continue for the following four (4) years. In the sixth (6th) year, the county auditor shall add […]
