How to File Homestead and Mortgage Exemptions in Hamilton County, IN

by Diane Brooks on May 21, 2012

How to File Homestead and Mortgage Exemptions in Hamilton County, Indiana

How do I file the Homestead and Mortgage Exemptions for my home?

The process has changed in
the last few months.  The Homestead Exemption is filed automatically for you
when the deed is filed by the title company following the closing.  Only one
Homestead Exemption is allowed in Indiana, even if you own multiple properties
here.  That exemption is the large one, reducing the assessed value of your
property by $45,000.
The mortgage exemption and any other exemptions that
you qualify for, must be filed following the closing.  Generally 6 weeks
following the closing is best to insure that the deed has been recorded.  You
may visit the following offices in person or file online.  Bring your
HUD/Settlement Statement from the closing and a driver’s license or other legal
form of identification.  Be sure to save the receipt that you receive to be sure
that you have evidence that the exemption was filed.  The mortgage exemption
reduces your assessed value by $3,000.  If you refinance your mortgage, you will
need to file the mortgage exemption again.
The Hamilton County Auditors office is located at 33 N 9th Street, Suite 214 in Noblesville.  Their
phone number is  317-776-9602 .
Their hours of operation are 8:00 a.m. until 4:30 M-F.
You can also file at the Carmel/Clay Twp
Assessor’s Office at 10701 N College Avenue; phone is  317-848-7116 or
the Fishers/Delaware Twp Assessor’s Offic at 9090 East 131st Street in Fishers;
phone is 577-0501.

The
little bit of effort it takes is well worth the savings!

Leave a Comment

Previous post:

Next post: