Homestead_Riley (10) • Reset Form
` .'`:'.. CLAIM FOR HOMESTEAD PROPERTY TAX
YEAR _
''1 - 1 . STANDARD / SUPPLEMENTAL DEDUCTION FORM � --
�. ,�/ State Form 5473(R20 1 12-24)
-'•` Prescribed by the Department of Local Government Finance
INSTRUCTIONS: See reverse side for filing instructions
NOTE: Telephone, Social Security, driver's license, state identification and federal identification numbers are confidential under IC 6-1.1-12-37.
CERTIFICATION STATEMENT
I (We) 14 uf' # 1 . C 4 `_f certify that I (we)occupied as my(our)principal place of
residence or am(are)buying the folio ing described real property undecantract for which a Homestead Property Tax Standard Deduction is hereby claimed on the
date tthh application is signed, g" . _(date of signature). I(We)
pv�n : Am (are)buying under recorded contract.
D Am (are)entitled to occupy as a tenant-stockholder of a cooperative housing corporation.
0 Have a beneficial interest in the trust or the right to occupy the property under the terms of a qualified personal residence trust.
❑ Am (are)the shareholder,partner,or member of the entity that awns the property.
If Buying on Contract.Fee Simple Owner's Name
Recorder's Office Where Contract is Recorded Record Number Page
PROPERTY DESCRIPTION
Co T nship Taxing Distnct(city,town, township)
C.. .
k %( Dtr • Rtir 0 L CL --1-42 0 \ "--
Parcel Number +Legal Description Is
''the�propeerrty in question
R7 oat Property -] Arvwalty.Assessed Mobile Home(IC 6-1.1-7)
If any portion of the residential structure or the land not exceeding one(1)acre that immediately surrounds that structure is used to produce income.describe the use and portion
of the property utilized to produce income.
DLa - c .., -- . -- LA tcto -, L_o o ( . V...s1LA9 -. 0-a.--)
PROPERTY OWNED ELSEWHERE BY CLAIMANT
Stale,County.and Township
Is Claimant Vacating a Hom toad"
_ Yes o
Signature 'Claima
I hereby certify the above statements are true, correct,and complete.
Address of Contact umber and street city state. and ZIP c Address of Vacated Homestead, rf any (number and street,city .sr ire ir'd ZIP code?
1 • - _ • 0 N . &L. L . 41_A _ • . L--e , I .
ASSESSOR USE ONLY ASSESSED VALUE HOMESTEAD VALUE I NON-RESIDENTIAL VALUE
Land Not Exceeding One (1)Acre Immediately
Surrounding Residential Improvement (1)
Other Land (2)
Total Land (line 1 plus line 2) (3) FILED
Residential Improvements or Dwelling (4)
Annually Assessed Mobile l
Manufactured Home Garage _ (5) AUG 2
o
Other Improvements (6)
2025
Total Improvements (Line 4 through Line 6) (7) h%`2 '
Total Value(Line 3 plus Line 7) (8) QSON ?
Signature of Assessor OuN A D ate, march year)
I hereby certify the above is true, correct, and complete. �l /TOR
~
Venfying Action-Signature of Auditor Date Sgned(date,month. year)
STANDARD DEDUCTION ALLOWANCE
20 Pay 20 Lesser of 60%of the assessed value of the homestead or$48.000
Notwithstanding any other provision the sum of the deductions provided in IC 6-1 1-12 to a mobile home that 3
is not assessed as real property or to a manufactured home that is not assessed as real property may not j
exceed one-half(1/2)of the assessed value of the mobile home or manufactured home
Signature o'Auditor Date Signed (month, day. year)
)tc*t___tr\ICSuL.-0 6 . � c S c-..
DISTRIBUTION: Original-County Auditor File-Stamped Copy -Taxpayer
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NOTICE OF HOMESTEAD STANDARD DEDUCTION
IC 6-1.1-12-37
The homestead standard deduction has been enacted to allow a property tax deduction for each qualified homestead.
Read carefully the qualifying guidelines below:
DEFINITIONS: "Homestead" means an individual's principal place of residence'
1. that is located in Indiana;
2. that:
a. the individual owns;
b. the individual is buying under a contract, recorded in the county recorder's office, that
provides that the individual is to pay the property taxes on the residence and that
obligates the seller to convey title to the individual upon completion of all of the individual's
contract obligations;
c. the individual is entitled to occupy as a tenant-stockholder (as defined in 26 USC 216) of
a cooperative housing corporation (as defined in 26 USC 216);
d. is a residence described in IC 6-1.1-12-17.9 that is owned by a trust if the individual is
an individual described in IC 6-1.1-12-17.9; or
e. is a residence owned by a corporation, partnership, limited liability company, or other
entity and the requirements of IC 6-1.1-12-37(r) are met; and
3. that consists of a dwelling and includes up to one (1) acre of land immediately
surrounding that dwelling, and any of the following improvements:
a. any number of decks, patios, gazebos, or pools.
b. one (1) additional building that is not part of the dwelling if the building is
predominantly used for a residential purpose and is not used as an investment
property or as a rental property.
c. one (1) additional residential yard structure other than a deck, patio, gazebo, or
pool.
"Dwelling" means any of the following:
1. Residential real property improvements that an individual uses as the individual's
residence, limited to a'single house and a single garage, regardless of whether the single
garage is attached to the single house or detached from the single house;
2. A mobile home that is not assessed as real property that an individual uses as the
individual's residence; or
3. A manufactured home that is not assessed as real property that an individual uses as the
individual's residence.
WHO MAY QUALIFY: An individual who: owns a homestead, is buying a homestead under a recorded
contract that requires the individual to pay the property taxes and that obligates the seller to
convey title to the individual upon completion of all of the individual's contract obligations, or
is entitled to occupy the homestead as a tenant-stockholder of a cooperative housing
corporation.
A trust is entitled to the homestead standard deduction 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, has either:
a. A beneficial interest in the trust; or
b. The right to occupy the real property rent free under the terms of a qualified
personal residence trust created by the individual under United States Treasury
Regulation 25.2702-5(c)(2);
2. otherwise qualifies for the deduction; and
3. would be considered the owner of the real property under IC 6-1.1-1-9(f) or IC 6-1.1-1-9(g).
No portion of a residential dwelling that is income-producing is eligible for the homestead standard deduction, including,
but not limited to, one-half of a duplex side or rented apartment that is a part of the structure, a beauty shop or crafts
shop in one or two rooms of the structure, a dry cleaners or electronics shop beneath an apartment, or an auto repair
shop in the garage.
Property owned by a corporation, partnership, limited liability company, or other entity is not entitled to the
homestead standard deduction unless the requirements of IC 6-1.1-12-37(r) are met.
WHEN TO FILE: To obtain the deduction for a desired calendar year in which property taxes are first due and
payable, this application must be completed, dated, and filed.or postmarked with the county auditor
on or before January 15 of the calendar year in which the property taxes are first due and payable.
The application applies for that first year and any succeeding year or which the deduction is allowed.
HOW TO FILE: Forms must be filed at the county auditor's office in the county where the homestead is located. If an
individual mails this form and desires to have a file-stamped copy returned. the individual must
provide a self-addressed, stamped envelope to the county auditor's office.
Only one individual or married couple may receive a homestead deduction for a particular homestead
in a particular year. The portion above the "Signature of claimant" must be completed in full before the
deduction will be considered.
For additional filing information, please see IC 6-1.1-12-37.
DISALLOWANCE OF MULTIPLE CLAIMS: The county auditor may not grant an individual or married couple a
homestead deduction if:
1. for the same year, the individual or married couple claims the homestead
deduction on two (2) or more different deduction applications; and
2 the applications claim the homestead deduction for different property.
If a person moves from the person's Indiana principal place of residence (for which the person is receiving a homestead
deduction) after the assessment date to a new principal place of residence later that year, the homestead deduction on
the first property will stay in place for that tax cycle and the person can apply for and potentially receive a homestead
deduction on the new property for that same tax cycle. For the next assessment date, the homestead deduction would be
removed from the first property. See IC 6-1.1-12-37(h).
A person must actually be eligible for the deduction at the time the application is signed, meaning the property is being
used as the person's principal place of residence at the time of signing.
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