Closing costs in Indiana
On a $500,000 home with 20% down, buyers in Indiana typically pay about $7,367 to $17,967 at closing, including prepaid taxes and insurance.
Typical buyer total1.5%–3.6%Of the price, 20% down
Closings handled byA title or settlement companyCustomary in the state
Buyer-paid taxesNoneTransfer taxes are seller-paid or not charged
Buyer-paid taxes
| Tax | On $500,000 with 20% down | Note |
|---|---|---|
| None for buyers | $0 | Indiana has no real estate transfer tax (only a small sales disclosure fee) and no mortgage tax. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $5,960 – $13,860 | 2.0%–4.6% |
| $300,000 | FHA, 3.5% down | $6,234 – $14,623 | 2.1%–4.9% |
| $500,000 | Conventional, 20% down | $7,367 – $17,967 | 1.5%–3.6% |
| $500,000 | FHA, 3.5% down | $7,824 – $19,239 | 1.6%–3.8% |
| $750,000 | Conventional, 20% down | $9,125 – $23,100 | 1.2%–3.1% |
| $750,000 | FHA, 3.5% down | $9,811 – $25,008 | 1.3%–3.3% |
Who pays what in Indiana
Indiana has no real estate transfer tax (only a small sales disclosure fee) and no mortgage tax.
Questions
How much are closing costs for buyers in Indiana?
Often about 1.5% to 3.6% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in Indiana?
No. Indiana has no real estate transfer tax (only a small sales disclosure fee) and no mortgage tax.
More for Indiana
Sources: Indiana Department of Revenue. Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.