Saving on Your Property Taxes

As a home owner in the Indianapolis area I’m sure you have been paying close attention to the property tax assessments that have occurred throughout our communities. For many families, the increases have been overwhelming and in some cases, devastating. Due to the increases, I recommend that you get a copy of your Tax Record and review your personal and property information, making sure it is correct. By reviewing your Tax Record you can insure that all the information is correct…a simple error can be costing you hundreds of dollars-or even make it difficult to sell your home in the future. No one wants to pay more tax than needed!

On your Tax Record, you should review the following items:

1. Names – the property owner’s names must be correct. If there are any errors, it may be difficult to sell your home in the future.
2. Square Footage – If your house has been assessed at more square feet than it actually is…you will be paying a higher tax rate. Vice versa, if your house is recorded at a smaller square feet than it is…you are not paying enough.
3. Age of Home – Same applies as above. You can also be paying too much tax if the age of your home is not correct.
4. Mortgage Exemption – If you are carrying a mortgage on your home, but don’t have a mortgage exemption, you may also be paying too much tax.
5. Homestead Credit – If the home on the Tax Record is your personal residence, and you are not getting a Homestead Credit, you may be paying too much tax.
6. Miscellaneous Credits – If you are a disabled Veteran, over 65 years of age, blind, etc. and do not have any miscellaneous credits; you may be paying too much tax.

If you are interested in receiving a copy of your Tax Record or have any questions, you can call the County Tax Assessor’s office that you live in or you can call or email me for assistance and I can send you a copy of your Tax Record.