Hamilton County Mortgage Taxes
Last Updated: August 2026
If you have a mortgage on a home in Hamilton County, you may see older information online about Indiana’s Mortgage Deduction. That deduction is no longer available.
Indiana repealed the Mortgage Deduction beginning with 2023 Pay 2024 property taxes. Having a mortgage by itself no longer provides a separate property tax deduction.
Quick Answer
There is no longer an Indiana Mortgage Deduction.
If you’re a Hamilton County homeowner with a mortgage, you should instead make sure you’re receiving any current property tax deductions or credits for which you qualify — especially the Homestead Deduction if the home is your primary residence.
→ View Property Tax Deductions
What Happened to the Mortgage Deduction?
Indiana previously allowed qualifying homeowners with mortgages to deduct up to $3,000 from their property’s assessed value.
The Indiana General Assembly repealed that deduction effective January 1, 2023. Beginning with taxes payable in 2024, county auditors no longer apply the Mortgage Deduction.
That’s why you may still see Mortgage listed on older property records or tax statements, even though the amount is now $0.
Check Your Current Deductions
Hamilton County homeowners can see which deductions and credits are currently applied to their property through the county’s online property system.
Search Hamilton County Property Reports & Payments
Look for the section showing deductions and credits.
Other Property Tax Savings
Although the Mortgage Deduction is gone, homeowners may qualify for other property tax benefits, including:
- Standard Homestead Deduction
- Supplemental Homestead benefits
- Over-65 credits
- Blind or Disabled Credit
- Veteran benefits
- Other qualifying deductions or credits
Hamilton County’s Auditor handles property tax deductions and credits.
→ View Property Tax Deductions
Mortgage Escrow and Property Taxes
Even though there is no longer a Mortgage Deduction, your mortgage company may still collect property taxes through an escrow account.
If your taxes are escrowed, part of your monthly mortgage payment is generally set aside and your mortgage servicer pays the property tax bill when it’s due.
You can still check your Hamilton County tax bill and payment information yourself.
→ View Tax Lookup
Local Tips
- Don’t file an old Mortgage Deduction form you find online — the deduction has been discontinued.
- Check your property record to make sure your current deductions are correct.
- If this is your primary residence, make sure the Homestead Deduction is applied.
- Having a mortgage does not prevent you from qualifying for other property tax deductions or credits.
- If your mortgage company pays through escrow, you can still monitor your tax bill through Hamilton County’s online system.
Frequently Asked Questions
Does Hamilton County still have a Mortgage Deduction?
No. Indiana eliminated the Mortgage Deduction beginning with the 2023 Pay 2024 tax cycle.
Why does my tax record still show “Mortgage”?
The category may still appear on property reports, but current Hamilton County records show the Mortgage Deduction amount as $0.
Can I get a property tax deduction because I have a mortgage?
Not specifically because of the mortgage. You may qualify for other Indiana property tax deductions or credits.
Where can I check my current deductions?
Use Hamilton County Property Reports & Payments.
Who handles property tax deductions?
The Hamilton County Auditor’s Office handles deductions and credits.
Related Pages
→ Property Records
→ Tax Lookup
→ Property & Taxes
Official Resources
Hamilton County Property Tax Deductions & Credits
Current deductions and credits available to Hamilton County property owners.
Hamilton County Property Tax Deductions & Credits
Indiana DLGF – Deductions & Credits
Current Indiana property tax deduction and credit information.
Indiana Property Tax Deductions & Credits
Hamilton County Property Reports & Payments
Check your tax information and current property deductions.
Summary
Indiana’s old Mortgage Deduction is no longer available, so Hamilton County homeowners don’t need to file a separate property tax deduction simply because they have a mortgage.
Instead, check your current property tax deductions and make sure benefits such as the Homestead Exemption are correctly applied.