If you are buying property on a recorded mortgage or a recorded contract, and you are a resident of the State of Indiana, you could qualify for a mortgage deduction. The value of the deduction may not exceed the amount of the indebtedness.
The deduction is either one half of your assessed valuation or $3,000, whichever is less. A person owning more than one property may not receive mortgage deductions totaling more than $3,000.
General Instructions for All Deductions
You may file for your deduction at anytime through December 31 the year before taxes are due.
IMPORTANT REMINDER: If you refinance your mortgage, you need to re-file your Mortgage deduction.
The Auditor's office encourages you to complete the application online, but you may also complete it in person. The Auditor's Office is located in the Rousseau Centre, 1 E. Main Street, Suite 102. The office is open from 8:00 A.M. to 5:00 P.M., Monday through Friday. You can reach a customer service representative by calling (260) 449-7241.
How to Submit the Application Online
In order to submit the application online you must have the following:
If you meet this requirement, you can access the application as follows: