Indiana Security Deposit Laws

Indiana has no fixed statutory cap on security deposits.

Key Rules

Limit
No fixed statutory cap — must be a reasonable amount
Return Deadline
45 days after tenant vacates and provides forwarding address
Interest Required
No
Itemization Required
Yes — written itemized statement of deductions required
Penalty For Wrongful Withholding
Landlord who wrongfully withholds deposit may be liable for actual damages plus attorney fees

Some citations below have not been confirmed against their official source. Confirm current requirements with local legal aid or an attorney.

Applicable Statutes

Ind. Code § 32-31-3-12

Link unavailable — iga.in.gov is currently unreachable. This citation is unchanged.

Security deposit return: landlord must return the security deposit, with a written itemized statement of deductions, within 45 days after the tenant vacates and provides a forwarding address.

Not confirmed against its source · checked

Ind. Code § 32-31-3-9

Security deposit limit: the amount of the security deposit is limited to the amount a landlord determines is reasonably necessary. There is no fixed statutory cap.

Not confirmed against its source · checked

Legal Aid Resources

Indianapolis Legal Aid

317-635-9538

Marion County and Indianapolis

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