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Real Estate Deductions - Vanderburgh County
Property Tax Deductions
Information on Property Tax Deductions/ Credits
Congratulations on your new home and if this is your first purchase in Vanderburgh County, welcome!!! We hope that this information is helpful to you.
Deductions work by reducing the amount of assessed value a taxpayer pays on a given parcel of property. Taxpayers do not need to reapply for deductions annually.
Reapplication should only occur if the property is sold or the title is changed.
Deductions applied for before the annual deadlines will be applied to the next year's tax bill. For example, a homeowner who completes and files the application on or before January 15, 2025 will see the deduction applied to their 2024 pay 2025 tax bill.
The property tax deductions should be signed by December 31st and filed in the Vanderburgh County Auditor's office by January 15th.
Due to legislative changes, the DLGF has made some deductions (such as the homestead) available to file on the Sales Disclosure Form (SDF). These and all other deductions can also be filed in the Auditor's Office.
For more information on Property Tax Deductions, visit the State's website at http://www.in.gov/dlgf/2344.htm. Click here for a printable summary of deductions.
Documents required for filing of deductions:
- Homestead - Social Security and drivers license/state ID numbers for adult residents of the property.
- Over Age 65 - Most recent IRS Form 1040 and drivers license/state ID.
- Disabled Vet - Certificate of Eligibility from the Veterans's Administration office.
- Blind/Disabled - Most recent IRS Form 1040 and Social Security awards letter or other proof of disability/blindness.
Reminder:
Any individual who changes the use of their homestead property and fails to file a certified statement with the Auditor of the county, within 60 days after the date of the change, is liable for the amount of the deduction allowable for the real property, plus a civil penalty of 10% of the additional taxes.
County auditors are the best point of contact for questions regarding deductions and eligibility. If the Auditor's Office staff can be of further assistance, please don't hesitate to call our Real Estate Department at 812-435-5293.
To learn more about property tax exemptions, click HERE.
Property Tax Bill Address Change
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