Property Tax Cap (Circuit Breaker) Credit

Indiana Department of Revenue / Miami County

Available Property Tax Relief

About This Program

Property Tax Cap (Circuit Breaker) Credit is available to homeowners in Peru, IN.

Indiana's property tax cap limits taxes on owner-occupied primary residences (homesteads) to 1% of the property's gross assessed value. The credit is automatically applied to all homestead properties; no separate application needed beyond homestead deduction.

Tax capped at 1% of assessed value; savings depend on assessed value and tax rate

Official source site checked live on 2026-06-22.

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

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

Key Details

  • Property tax capped at 1% of assessed value
  • Automatic for homestead properties
  • No separate application needed
  • Protects against excessive tax bills
  • Contact Miami County Auditor for details

How to Apply

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • The program's own application form, completed (use the official link or phone number on this page).

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: Automatic for homestead-eligible properties

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 Property Tax Cap (Circuit Breaker) Credit provide in Peru, IN?

Caps tax at 1% of assessed value for homesteads.

Who qualifies for Property Tax Cap (Circuit Breaker) Credit in Peru?

Property Tax Cap (Circuit Breaker) Credit is open to homeowners in Peru, IN. It has no income limit.

How do I apply for Property Tax Cap (Circuit Breaker) Credit in Peru, IN?

Apply directly with Indiana Department of Revenue / Miami County using the official program link on this page or call (765) 472-3901. 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.

Find More Programs in Peru, IN

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

See All Programs