Indiana Statutes
§ 6-1.1-12.8-1 — "Residence in inventory"
Indiana § 6-1.1-12.8-1
This text of Indiana § 6-1.1-12.8-1 ("Residence in inventory") 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 § 6-1.1-12.8-1 (2026).
Text
(a)As used in this chapter, "residence in
inventory" means real property that:
(1)is not a model residence (as defined in IC 6-1.1-12.6-1); and
(2)consists of any of the following that has never been occupied:
(A)A single family residence.
(B)A single family townhouse.
(C)A single family condominium unit.
(b)The term does not include any of the land on which the
residence, townhouse, or condominium unit is located.
(c)Real property described in subsection (a) that is used by the
owner as the owner's regular office space may not be considered a
residence in inventory for purposes of this chapter. However, this
subsection does not prohibit the use of a garage or other space in the
real property:
(1)to store or display material used to promote the real property
or other similar prope
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Legislative History
As added by P.L.175-2011, SEC.2.
Nearby Sections
15
§ 6-1.1-1-1
Applicability§ 6-1.1-1-1.5
"Assessing official"§ 6-1.1-1-10
"Person"§ 6-1.1-1-11
"Personal property"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 6-1.1-1-18
"State agency"§ 6-1.1-1-19
"Tangible property"§ 6-1.1-1-2
"Assessment date"§ 6-1.1-1-20
"Taxing district"§ 6-1.1-1-21
"Taxing unit"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-1.1-12.8-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-12.8-1.