Indiana

As a real estate investor, Indiana offers a variety of investment opportunities in both the residential and commercial sectors. The state has a strong economy, with a diverse range of industries and a growing population. This can create demand for housing and make Indiana an attractive market for real estate investment. Property rentals and short term rentals, such as vacation rentals, can be popular in Indiana due to the state's many tourist attractions and the large number of people who travel there for work or events. Metropolitan areas such as Indianapolis and Fort Wayne have strong job markets and a relatively low cost of living, which can make them particularly attractive markets for real estate investment. However, it is important for investors to carefully consider the local market conditions and do their due diligence before making any real estate investments in Indiana. Factors to consider include the condition of the property, the demand for rentals in the area, and the potential for appreciation. By thoroughly researching the Indiana real estate market, investors can make informed decisions and maximize the potential return on their investments.

Sustainability Resources

The Real Estate industry is one of the most environmentally damaging industries in the world accounting for:
30%
of total carbon dioxide
40%
of all energy
40%
of all raw materials
Our goal is to give you the resources you need to take sustainable action in improving, building, retrofitting and revamping your home. The impacts are real, the benefits significant, and the need critical. Join us in bringing sustainability home and creating a brighter future for all, starting with you.

Save money and do the world a favor!
Here's a list of Sustainability Initiatives in the area:

FSC Supplier/Product Search

The Forest Stewareship Council provides user with a search tool to find essential materials and products for those looking to do home renovation based on their location. The FSC works to prohibit deforestation, wildlife habitat, and water quality, tightly restrict the use of hardous chemicals, ensure forests are mananged at sustainable rates of growth and harvesting, protect rare old growth forests and the right of indigenous Peoples. They are the gold standard of forest management and their search tool can be used in the US, Canada, and Mexico.

Learn More
WaterSense Webinars

WaterSense, a subset of the US EPA, puts on sustainability webinars that have different focuses.

Learn More
Alen Breathesmart HEPA Air Purifier

Alen BreatheSmart HEPA Air Purifier is the energy efficient air purifier that filters out airborne particles.

Learn More

Indiana FAQs

Is Indiana a judicial or non-judicial state?

Judicial

In a judicial foreclosure state, the lender must go through the court system in order to foreclose on a property. This process can be longer and more expensive for the lender compared to a non-judicial foreclosure.
In a judicial foreclosure state, the lender must go through the court system in order to foreclose on a property. This process can be longer and more expensive for the lender compared to a non-judicial foreclosure.

What is the process of closing on a property in Indiana?

Title companies, lenders, real estate agents, and attorneys handle closings. Conveyance is by warranty deed. Mortgages are the customary security instruments. Judicial foreclosures are required; execution of judgments varies from 3 months after filing of the complaint in cases involving mortgages drawn up since July 1, 1975, to 6 months for those drawn up between January 1, 1958, and July 1, 1975, to 12 months for those drawn up before that. Immediately following the execution sale, the highest bidder receives a sheriff’s deed. Hoosiers use ALTA policies and certain endorsements. Buyers usually pay closing costs and the lender’s title insurance costs, while sellers pay for the owner’s policy. There are no documentary, mortgage, or transfer taxes. Property taxes fall due on May 10th and November 10th.

Property Taxes in Indiana?

Due May 10th and November 10th

In Indiana, does a property management company require a real estate broker's license?

YES. Key components of property management (renting, leasing and managing) are considered real estate activities under existing Indiana real estate licensing laws. If a property manager is going to lease, rent, manage, list, or negotiate or offer to perform any of those acts, he or she will need a real estate license.

Are there any exceptions to the requirement that a property manager have a broker's license in Indiana?

Yes. For example, an individual involved in the renting of residential apartment units need not be licensed if he or she is employed or supervised by a licensed broker. Also, the license requirement does not apply to the rental of residential apartment units by a person employed or supervised by a licensed broker. For more information about these and other Indiana property management requirements and exceptions, please contact the Indiana Real Estate Commission. Before hiring a property manager to manage your Indiana rental property, you should always check that he or she is licensed appropriately. You can check the license status of Indiana property managers at the Indiana Online Licensing website.

Do you need a broker's license to manage community associations in Indiana?

NO. A broker's license is not required to manage community associations or condo associations in Indiana.

Indiana Real Estate Broker Requirements

Title companies, lenders, real estate agents, and attorneys handle closings. Conveyance is by warranty deed. Mortgages are the customary security instruments. Judicial foreclosures are required; execution of judgments varies from 3 months after filing of the complaint in cases involving mortgages drawn up since July 1, 1975, to 6 months for those drawn up between January 1, 1958, and July 1, 1975, to 12 months for those drawn up before that. Immediately following the execution sale, the highest bidder receives a sheriff’s deed. Hoosiers use ALTA policies and certain endorsements. Buyers usually pay closing costs and the lender’s title insurance costs, while sellers pay for the owner’s policy. There are no documentary, mortgage, or transfer taxes. Property taxes fall due on May 10th and November 10th.

Indiana Real Estate Salesperson Requirements

Due May 10th and November 10th

How do property ownership transfers work in Indiana?

Warranty deed.

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