Senior Property Tax Credits in Tippecanoe County, Indiana
Last Updated: August 2026
Tippecanoe County property owners age 65 and older may qualify for Indiana property tax credits that can reduce their property tax bill.
Indiana significantly changed its senior property tax program beginning with taxes payable in 2026, so older information referring to an Over-65 Deduction may now be outdated.
Quick Answer
Indiana currently has two important senior property tax benefits:
Over-65 Credit
Generally provides a $150 credit against qualifying property taxes.
Over-65 Circuit Breaker Credit
Helps prevent qualifying homestead property taxes from increasing by more than 2% over the previous year’s liability.
The two benefits have different eligibility rules and income limits.
Applications are filed with the Tippecanoe County Auditor using Indiana’s Application for Senior Citizen Property Tax Benefits — State Form 43708.
→ Indiana Property Tax Deductions & Credits
Where to Apply
Tippecanoe County Auditor
20 N. 3rd Street, 2nd Floor
Lafayette, IN 47901
Phone: 765-423-9207
Hours: Monday–Friday, 8:00 AM–4:30 PM
The Auditor handles applications for property tax deductions and credits and can help determine whether a benefit is already attached to your property.
→ Tippecanoe County Property Tax Information
Over-65 Property Tax Credit
Indiana’s former Over-65 Deduction was eliminated and replaced with an Over-65 Credit.
Instead of reducing the assessed value used to calculate taxes, the new benefit generally reduces qualifying property tax liability by:
$150 per year
The old assessed-value limitation that applied to the former deduction no longer applies to this credit.
→ Indiana Property Tax Deductions & Credits
Who Qualifies for the Over-65 Credit?
Current Indiana requirements generally include:
- Applicant must be at least 65 years old on or before December 31 of the year before the credit is claimed
- Applicant must own or be buying the property under a qualifying recorded contract
- Applicant generally must have owned or been buying the property for at least one year
- Applicant must meet the applicable federal adjusted gross income limit
- Beginning in 2026, the applicant must reside on the property
An applicant cannot be denied the credit solely because they are temporarily absent from the property while in a nursing home or hospital.
Because ownership arrangements involving joint tenants, contracts or trusts can be more complicated, contact the Auditor if your situation isn’t straightforward.
→ Indiana Property Tax Deductions & Credits
Over-65 Credit Income Limits
For the regular Over-65 Credit, current Indiana limits are based on federal adjusted gross income (AGI).
Single filer: $60,000
Married filing jointly: $70,000
Certain jointly owned properties use a combined $70,000 limit.
Indiana generally looks at federal AGI from the calendar year two years before the year in which the property taxes are first due and payable.
For example, someone applying for a credit on taxes payable in 2027 would generally use the applicable 2025 federal AGI.
If ownership is shared with people other than a spouse, contact the Auditor because special income and credit-allocation rules may apply.
→ Indiana Property Tax Deductions & Credits
Over-65 Circuit Breaker Credit
The Over-65 Circuit Breaker Credit is a separate benefit.
It generally prevents the property tax liability on the qualifying homestead from increasing by more than:
2% over the previous year’s property tax liability
That is why this program is sometimes casually called a senior property-tax “freeze,” although freeze isn’t technically accurate — qualifying tax liability can still increase by up to 2%.
→ Indiana Property Tax Deductions & Credits
Who Qualifies for the Circuit Breaker?
Among the current requirements, the applicant must generally:
- Be at least 65 by the required date
- Qualify for the Homestead Standard Deduction
- Have qualified for the Homestead Standard Deduction in the preceding year
- Meet the applicable federal AGI limit
- Meet the other requirements of Indiana’s senior Circuit Breaker law
The old assessed-value limitation for this credit was removed by Indiana’s 2025 property-tax legislation.
2027 Circuit Breaker Income Limits
Unlike the regular $150 Over-65 Credit, the Circuit Breaker income thresholds are adjusted annually.
For property taxes payable in 2027, Indiana DLGF calculated the limits as:
Single: $61,680
Married: $71,960
These are specifically the Pay 2027 Circuit Breaker limits. Do not automatically use these amounts for later tax years because the thresholds can change.
→ Indiana DLGF Pay 2027 Circuit Breaker Thresholds
Can You Receive Both Senior Credits?
Potentially, yes.
The regular Over-65 Credit and Over-65 Circuit Breaker Credit are separate benefits. Someone who satisfies the requirements for both may potentially receive both.
The same Indiana application — State Form 43708 — is used for the two senior property tax benefits.
How to Apply
Indiana uses:
State Form 43708 – Application for Senior Citizen Property Tax Benefits
The current form allows applicants to request:
- Over-65 Credit
- Over-65 Circuit Breaker Credit
Applications are filed with the county auditor where the property is located.
→ Find Current State Form 43708
Because older versions of Form 43708 still exist online and may refer to the former Over-65 Deduction, use the current DLGF forms page rather than downloading an old copy from a search result.
Filing Deadline
The current filing deadline is generally:
January 15 of the calendar year in which the property taxes are first due and payable.
For example, a new application for benefits applying to 2026 Pay 2027 taxes would generally need to be filed by:
January 15, 2027
If you’re applying close to the deadline, contact the Tippecanoe County Auditor to confirm the filing requirements for your particular tax year.
What Income Information Is Used?
For both senior benefits, Indiana uses federal adjusted gross income, not simply gross household income.
The relevant income year is generally the calendar year two years before the calendar year in which the property taxes are payable.
For taxes payable in 2027, that generally means using 2025 federal AGI.
The application may require federal income-tax information for the applicant and, depending on the ownership and filing situation, a spouse or other co-owner.
Do You Have to Reapply Every Year?
Generally, no.
If you receive the Over-65 Credit and continue to qualify the following year, Indiana does not require you to file a new application simply because another year has passed.
However, if you become ineligible, Indiana requires you to notify the county auditor within:
60 days after becoming ineligible
What If You Move?
Because Indiana now requires an Over-65 Credit recipient to reside on the qualifying property, moving may affect eligibility.
If the property is no longer your qualifying residence, contact the Tippecanoe County Auditor.
An absence because you are temporarily residing in a nursing home or hospital does not, by itself, make you ineligible under the current rule.
Surviving Spouses
Indiana also provides an Over-65 Credit provision for certain surviving spouses.
A surviving spouse may qualify if the spouse:
- Is at least 60 years old by the applicable date
- Was married to a person who was at least 65 at the time of death
- Has not remarried
- Meets the other applicable eligibility requirements
Because surviving-spouse and property-ownership situations can differ, confirm eligibility with the Tippecanoe County Auditor before filing.
Already Receiving the Old Over-65 Deduction?
The old assessed-value deduction was replaced beginning with the 2025 assessment date and taxes payable in 2026.
If you previously had an Over-65 Deduction and aren’t sure whether the new credit is appearing on your current bill, check your property-tax information or contact the Auditor.
Local Tip
Be careful when searching online for Indiana senior property-tax information.
You may still find:
- Old references to an Over-65 Deduction
- The former $14,000 assessed-value deduction
- Old assessed-value limits
- Old income limits
- Old Form 43708 versions
- Old filing deadlines
Some official county webpages have not yet been fully updated to reflect Indiana’s newer law.
For current eligibility, use the latest Indiana Department of Local Government Finance information or confirm directly with the Tippecanoe County Auditor.
→ Indiana DLGF Property Tax Information
Frequently Asked Questions
Does Indiana still have an Over-65 Deduction?
Not under the current system. Indiana converted the former Over-65 assessed-value deduction into an Over-65 Property Tax Credit beginning with taxes payable in 2026.
How much is the Over-65 Credit?
The regular Over-65 Credit is generally $150.
Is there still an assessed-value limit?
The former assessed-value limitation was removed from the new Over-65 Credit. Indiana also removed the previous assessed-value limitation from the Over-65 Circuit Breaker Credit.
What are the income limits?
For the regular Over-65 Credit, the current limits are generally:
$60,000 single / $70,000 married filing jointly
For the Over-65 Circuit Breaker on taxes payable in 2027:
$61,680 single / $71,960 married
Circuit Breaker limits may change in later years.
Does turning 65 automatically reduce my taxes?
No. You must satisfy the eligibility requirements and apply for the benefit.
Is the Circuit Breaker the same as the $150 Over-65 Credit?
No. The regular Over-65 Credit generally reduces qualifying property taxes by $150.
The Over-65 Circuit Breaker limits a qualifying homestead’s year-to-year property-tax liability increase to no more than 2%.
Do I have to apply every year?
Generally, no, as long as you remain eligible. If you become ineligible, notify the county auditor within 60 days.
Which form do I use?
Use State Form 43708 – Application for Senior Citizen Property Tax Benefits.
→ Current Indiana Property Tax Forms
Who should I call?
Tippecanoe County Auditor
Phone: 765-423-9207
Related Pages
→ Property Tax Deductions & Credits
Official Resources
Indiana Department of Local Government Finance
→ Indiana Property Tax Deductions & Credits
→ Pay 2027 Over-65 Circuit Breaker Income Thresholds
Tippecanoe County
Summary
Tippecanoe County residents age 65 and older may qualify for Indiana’s Over-65 Property Tax Credit, Over-65 Circuit Breaker Credit, or both.
The former Over-65 Deduction was replaced beginning with taxes payable in 2026. The regular Over-65 Credit generally provides a $150 reduction in property-tax liability, while the Circuit Breaker helps limit year-to-year increases for qualifying homesteads.
Because Indiana has recently changed the eligibility rules and Circuit Breaker income limits, use current state information when applying rather than relying on older deduction rules or forms.
Applications are handled by the Tippecanoe County Auditor at 765-423-9207.