Personal Property

Personal Property is a self-assessment system. The taxpayer is responsible for reporting all tangible personal property.  If your business has closed, you must still file a return stating that it has closed.

Under $40,000 Exemption:  You may qualify for an exemption if your Tangible Personal Property acquisition cost is less than $40,000.  You must file the 102 or 103 along with the 104 and have the exemption box at the top checked in order to declare this exemption. 

The following will apply:

  • Property used in a trade or business to produce income.
  • Property held as an investment that should be or subject to depreciation for federal income taxes.

The assessment date is January 1st with a filing deadline of May 15th each year. Amended returns are allowed within 6 months from the original date of filing or November 15th. Only timely returns may be amended. I.C. 6-1.1-3-7.5.

If you have not had any changes to your Personal Property, you may call our office and request a calculated form be mailed to you to sign and return by mail.

 

Personal Property Mobile Home

The true tax value of mobile homes assessed under I.C. 6-1.1-7 (other than mobile homes subject to the preferred valuation method under I.C. 6-1.1-4-39(b)) as the least of the values determined using the following:

  • The National Automobile Dealers Association Guide
  • The purchase price of a mobile home if:
    • the sale is of a commercial enterprise nature; and
    • the buyer and seller are not related by blood or marriage.
    • the sale date is within one (1) year prior to subsequent to the January 15 valuation date; or
  • Sales data for generally comparable mobile home

In order to relocate a mobile home from one property to another a permit must be obtained through the Greene County Treasurer's Office.

Forms

Replacement Title for Mobile Home

Personal Property Forms

FAQ Personal Property

(New) Personal Property Exemption Form