Indiana Homestead Standard Deduction

Lake County Auditor / Indiana Department of Revenue

Available Property Tax Relief

About This Program

Indiana Homestead Standard Deduction is available to homeowners in Merrillville, IN.

Indiana's Homestead Standard Deduction reduces the assessed value of your primary residence by up to 60% of the assessed value (maximum varies by county). Must be owner-occupied and principal residence.

Estimated annual tax savings from homestead deduction

Official program page checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Merrillville, IN, you can combine this program with other local help to cut your cost:

Key Details

  • Up to 60% reduction in property assessed value
  • Must be owner-occupied primary residence
  • Available to all Indiana homeowners
  • Apply through Lake County Auditor
  • Must reapply if you move

How to Apply

Get free help applying Visit Official Program Page Track this program

(219) 755-3070

A grant-savvy contractor in Merrillville, IN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Form to file: Claim for Homestead Property Tax Standard / Supplemental Deduction (State Form 5473 / HC10)

The Homestead Standard Deduction lowers the taxable assessed value of the Indiana home you own and occupy as your principal residence, and it unlocks an additional supplemental deduction. You file the homestead claim (State Form 5473, the HC10) once with your county auditor and do not reapply each year.

Steps to apply

  1. Confirm you own and occupy the Indiana home as your principal place of residence and do not claim a homestead elsewhere.
  2. Get the Homestead Deduction claim form (State Form 5473 / HC10) from the Indiana DLGF.
  3. Complete it with the property and owner information, including the last five digits of the owner's ID.
  4. File it with your county auditor by the December 31 deadline to apply to the next year's bill.
Get the official form

Documents you will likely need

  • Proof you own and occupy the home as your principal residence.
  • The owner's Social Security number and driver license or state ID (last digits) as the form requires.
  • The property's parcel or key number.
  • The completed homestead claim form.
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Must file by applicable deadline with auditor

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Indiana Homestead Standard Deduction provide in Merrillville, IN?

Up to 60% of assessed value deduction.

Who qualifies for Indiana Homestead Standard Deduction in Merrillville?

Indiana Homestead Standard Deduction is open to homeowners in Merrillville, IN. It has no income limit.

How do I apply for Indiana Homestead Standard Deduction in Merrillville, IN?

Apply directly with Lake County Auditor / Indiana Department of Revenue using the official program link on this page or call (219) 755-3070. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Get matched with a pro, free Browse Merrillville, IN contractors

Find More Programs in Merrillville, IN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs