Indiana Security Deposit Laws 2026
Here's what Indiana law says about security deposit returns, deadlines, and penalties. All information is sourced from IN Code § 32-31-3-12 to § 32-31-3-18.
Return Deadline
45 calendar days
from move-out date to return your deposit
Penalty for Violations
Actual damages sustained
Itemization Requirements
- Itemized statement required: Yes
- Itemization deadline: 45 days
- Receipts required: No
Interest Requirements
Not required. Your landlord does not have to pay interest on your deposit.
Statute of Limitations
- Written lease: 6 years
- Oral lease: 6 years
Small Claims Court
Maximum claim: $8,000
Attorney fee shifting available — you may recover attorney fees if you win.
Primary Statute
Important Exceptions & Edge Cases
IN Code § 32-31-3-18: Landlords with 4+ rental units must provide tenants with a move-in/move-out inspection form noting existing damage and items needing repair. This form is key evidence in deposit disputes.
Think your landlord violated Indiana law?
Generate a demand letter that cites IN Code § 32-31-3-12 to § 32-31-3-18 and puts your landlord on notice.
This is not legal advice. Reclaim provides legal information and document generation tools. The information on this page is sourced from IN Code § 32-31-3-12 to § 32-31-3-18 and is current as of January 1, 2020. For specific legal questions, consult a licensed attorney in Indiana.