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Indiana Program Eligibility

Property Tax-Aide features the Over 65 Deduction from Assessed Valuation, Over 65 Circuit Breaker Credit, Homestead Standard Deduction and Supplemental Deduction, and the Mortgage Deduction of Assessed Valuation programs.

The information on this page is updated as new information becomes available by the relevant tax agencies.

Over 65 Deduction from Assessed Valuation

If you receive the over 65 or surviving spouse deduction, you will receive a reduction in your home’s assessed value of $14,000 or half the assessed value, whichever is less. The lower the assessed value of your home, the smaller your property tax bill.

Application Deadline

  • The application must be completed and dated in the calendar year for which the person wishes to obtain the deduction and filed with the county on or before January 5 of the immediately succeeding calendar year.
Am I eligible?

Over 65 Circuit Breaker Credit

The Over 65 Circuit Breaker Credit provides a credit equal to the tax liability that exceeds the prior year’s liability by 2%. This program prevents the property tax liability on qualified homestead property from increasing by more than 2% over the previous year’s tax liability.

Application Deadline

The application, form 43708, must be completed and dated in the calendar year for which the person wishes to obtain the deduction and filed with the county on or before January 5 of the immediately succeeding calendar year.

  • For example, a homeowner who completes and dates an application for a deduction by December 31, 2022, and files the application on or before January 5, 2023, will see the deduction applied to his 2022 pay 2023 tax bill.
Am I eligible?

Homestead Standard Deduction and Supplemental Deduction

The Homestead Standard Deduction is allowed for each qualified homestead.

Application Deadline

The application must be completed and dated in the calendar year for which the person wishes to obtain the deduction and filed with the county on or before January 5 of the immediately succeeding calendar year.

Am I eligible?

Mortgage Deduction from Assessed Valuation

Homeowners, including those mobile or manufactured homeowners, may deduct the lesser of the outstanding mortgage or contract indebtedness, including a home equity line of credit, or half the assessed value or $3,000.

Application Deadline

  • The application must be completed and dated in the calendar year for which the person wishes to obtain the deduction and filed with the county on or before January 5 of the immediately succeeding calendar year.
  • Application (Form 43709) may be filed in person or by mail. If mailed, the mailing must be postmarked before the last day for filing.
  • Once the application is in effect no other filing is necessary unless there has been a change
Am I eligible?

Property Tax-Aide has independently selected the property tax relief programs featured on this website that we think are the most relevant and beneficial to older adults. It is not an exhaustive list of all property tax relief programs available in each state. Please consult your local tax agency for a comprehensive listing of property tax relief programs in your area.

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