Property Tax Phase in Program

(formerly known as property tax abatement) - a phase in of property taxes on new real estate improvements and new personal property or personal property new to the state of Indiana. Personal property eligible for property tax phase in includes manufacturing equipment, research and development equipment, logistic distribution equipment and IT equipment. (See IC 6-1.1-12.1-2-3 ) Tax phase in can be extended for a period of one to ten years over a graduated scale. The process of obtaining a phase in of new property taxes begins with an “Application for Designation as an Economic Revitalization Area” along with supporting forms.

For More Information Contact:
City of Elkhart Planning and Development, Brian Gildea, 574 294-5471 x109.

FEATURED BUSINESS...

Elkhart Group of Wells Fargo Advisors

Elkhart Group of Wells Fargo Advisors

200 NIBCO Parkway, Suite 300
(574) 294-1590

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DOWNTOWN REAL ESTATE

125 E. Lexington Ave.

125 E. Lexington Ave.

20,400 sq. ft.
$495,000.00 For sale

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