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Faye Copley
CRS, GRI, SRES, ASP
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(502) 876-2469
Faye@WardlawRealEstateTeam.com
Beth Wardlaw
CRS, GRI, e-Pro
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(502) 807-2384
Beth@WardlawRealEstateTeam.com
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Verification of Homestead Exemption

The Indiana House recently passed a bill requiring residents to verify that they are still eligible for the homestead tax credit.  Residents will be asked to complete a Homestead Verification Form that will be sent by the County Auditor’s office and included in the property tax bill.

 

Some counties may begin seeing this as early as the 2009 payable 2010 tax bill, but the form is not due until  December 31, 2012.  Although this gives individuals ample time, the best idea is to return it as soon as it is received.

 

The County Auditor should update the database from the Sales Disclosure completed at the closing, however it is best to check with the County Auditor to confirm the status is updated.

 

Failure to complete and return this form prior to December 31, 2012 may result in loss of the homestead exemption beginning with the Spring 2012/payable 2013 tax bill.  Loss of this exemption could have a significant impact on property taxes.

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Keller Williams Realty Southern Indiana
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