Indiana § 6-1.1-10-16.8 Exemption of the basement area of dwellings located in a flood plain;
factors for the exemption

Indiana Statutes

§ 6-1.1-10-16.8 — Exemption of the basement area of dwellings located in a flood plain; factors for the exemption

Indiana § 6-1.1-10-16.8

Art. 1.1PROPERTY TAXES

Ch. 10Exemptions

This text of Indiana § 6-1.1-10-16.8 (Exemption of the basement area of dwellings located in a flood plain; factors for the exemption) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-1.1-10-16.8 (2026).

Text

8.

(a)This section applies to a dwelling or other building that is situated in a special flood hazard area as designated by the Federal Emergency Management Agency in which the mandatory purchase of flood insurance applies.

(b)The basement of a dwelling or other building described in subsection (a) is exempt from property taxation if:

(1)the basement floor level has been elevated to mitigate the risk of flooding; and

(2)as a result, the basement is rendered unusable as living space.

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8. (a) This section applies to a dwelling or
other building that is situated in a special flood hazard area as
designated by the Federal Emergency Management Agency in which
the mandatory purchase of flood insurance applies.
(b) The basement of a dwelling or other building described in
subsection (a) is exempt from property taxation if:
(1) the basement floor level has been elevated to mitigate the risk
of flooding; and
(2) as a result, the basement is rendered unusable as living space.