Personal Property

Unlike Real Estate assessments, Personal Property is a self-assessment system. The taxpayer is responsible for reporting all tangible personal property that is used in their trade or business, used for the production of income, or held as an investment that should be or is subject to depreciation for federal income tax purposes.

 Per IC 6-1.1-2-1.5, the assessment date for Personal Property is January 1st beginning in 2016 and the filing is due May 15th each year.  Amended returns are allowed within twelve months from the date of original return. Only timely filed original returns can be amended per IC 6-1.1-3-7.5.

.If your total Acquisition is less than $80,000, you are not required to file Personal Property. 

Ways to file Personal Property:

-mail them in or drop off at our office

-email them to personalproperty@lagrangecounty.org

-file online at ppopin.in.gov (see useful links below)