Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 25 - DEDUCTION FOR MODEL RESIDENCE
Rule 4 - Limitations on Model Residence Deduction
Section 4-3 - One deduction per model residence per year
Universal Citation: 50 IN Admin Code 4-3
Current through September 18, 2024
Authority: IC 6-1.1-12.6-9
Affected: IC 6-1.1-12.6
Sec. 3.
(a) A property owner that qualifies for a model residence deduction and also qualifies for a deduction under another statute with respect to the same model home for a particular assessment year may not receive a deduction under both statutes for that year.
(b) A county auditor who receives claims for more than one (1) deduction with respect to a model residence may approve only one (1) of the deductions. If the model residence owner is otherwise qualified, the county auditor must approve the deduction that results in the greater property tax saving for the owner of the model residence.
Disclaimer: These regulations may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
