Indiana Code — Title 6 (Taxation)

IC 6-1.1-20.6-4

"Residential property"

Official textiga.in.govlast amended 202310 subsections

Sec. 4. As used in this chapter, "residential property" refers to real property that consists of any of the following:

# (1)

A single family dwelling that is not part of a homestead and the land on which the dwelling is located.

# (2)

Real property that consists of:

# (A)

a building that includes two (2) or more dwelling units;

# (B)

any common areas shared by the dwelling units (including any land that is a common area, as described in section 1.2(b)(2) of this chapter); and

# (C)

the land on which the building is located.

# (3)

Land rented or leased for the placement of a manufactured home or mobile home, including any common areas shared by the manufactured homes or mobile homes.

# (4)

For assessment dates after December 31, 2023, any other land, building, or residential yard structure including a deck, patio, gazebo, or pool that:

# (A)

is not part of a homestead; and

# (B)

is predominantly used for a residential purpose.
The term includes a single family dwelling that is under construction and the land on which the dwelling will be located. The term does not include real property that consists of a commercial hotel, motel, inn, tourist camp, or tourist cabin.
As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006, SEC.7; P.L.146-2008,
SEC.221; P.L.131-2008, SEC.4; P.L.288-2013, SEC.22; P.L.166-2014, SEC.4;
P.L.182-2023, SEC.4.

Amendment history

As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006, SEC.7; P.L.146-2008, SEC.221; P.L.131-2008, SEC.4; P.L.288-2013, SEC.22; P.L.166-2014, SEC.4; P.L.182-2023, SEC.4.

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