Closing costs by state
Closing costs in Indiana
Closing costs in Indiana run about 2% to 5% of the price for a buyer, made of lender fees, title and settlement, recording, prepaid interest and escrow reserves; on a $400,000 home the worked example below comes to $10,055. Indiana has no state-level real estate transfer tax.
Last verified ·Sources:in.gov·iga.in.gov·in.gov
The rules
What Indiana does differently
- State transfer tax
- None at the state level.
- Who pays it
- Not applicable.
- County and city add-ons
- None; deed recording is a flat $25 (IC 36-2-7-10) and a $20 sales disclosure filing fee applies to sales for consideration (IC 6-1.1-5.5).
- Attorney at closing
- Indiana does not require an attorney at closing; a title or escrow company usually conducts it, and an attorney is optional.
- Owner’s title policy
- The seller customarily pays for the owner’s title insurance policy in Indiana; the buyer pays for the lender’s policy.
- Notes
- The Legislative Services Agency's Handbook of Taxes (FY2024) and the Department of Revenue's tax-type list contain no transfer, deed, conveyance or documentary tax. Title companies conduct closings; the seller customarily pays the owner's policy.
- in.gov — “Tax Types: Aircraft License Excise Tax ... Sales Tax ... Use Tax ... Vehicle Sharing Tax”
- iga.in.gov — “SALES DISCLOSURE FILING IC 6-1.1-5.5 ... The filing fee is $20”
- in.gov — “Indiana Code 36-2-7-10 ... Recording deed or other instrument, other than mortgage $25”
Worked example
A $400,000 home in Indiana, 20% down
Loan of $320,000 at 6.5%, closing on the 15th. Lender, title and recording figures are typical line items used for illustration, the same on every state page; the transfer tax and the owner’s policy side follow Indiana’s rules above. Not a quote: the calculator takes your own figures.
Buyer pays
| Loan origination, 1% of the loan | $3,200 |
| Appraisal | $550 |
| Title and settlement services | $1,800 |
| Lender’s title policy | $900 |
| Recording | $150 |
| Prepaid interest, 15 days at 6.5% | $855 |
| Escrow reserve, 3 months of tax at 1.1% | $1,100 |
| First year of homeowners insurance | $1,500 |
| Total (2.514% of price) | $10,055 |
Seller pays
| Commission, 5% | $20,000 |
| Title and escrow fees | $2,000 |
| Owner’s title policy (estimate) | $1,500 |
| Prorated property tax | $1,500 |
| Total | $25,000 |
Questions
What people ask about Indiana
- Who pays the transfer tax in Indiana?
- Indiana has no state-level real estate transfer tax.
- Do you need an attorney to close on a house in Indiana?
- Indiana does not require an attorney at closing; a title or escrow company usually conducts it, and an attorney is optional.
- Who pays for the owner’s title policy in Indiana?
- The seller customarily pays for the owner’s title insurance policy in Indiana; the buyer pays for the lender’s policy.
- How much are seller closing costs in Indiana?
- On a $400,000 sale with a 5% commission, the worked example on this page comes to $25,000 for the seller, before the mortgage payoff and any concessions or repairs. The seller net sheet calculator shows the walk-away figure.
Last reviewed September 8, 2026 by the EstatePass editorial team. Formulas and program limits are checked against the published rules; figures on this page are arithmetic, not market statistics.
Agent Workspace
Put the numbers to work
The workspace turns the figures you trust into a market update film, a seller net sheet in the CMA, or a buyer education video, from the same numbers. Free to start; one Pro covers every tool and every EstatePass exam channel.