General info, not legal advice. Details

Indiana Security deposit limit

Last reviewed 2026-10-23

How much can a landlord charge for a security deposit in Indiana?

No maximum. Indiana's security deposit chapter governs return and deductions but sets no cap on the amount.

Verified Source: IC 32-31-3 · last checked 2026-10-23

Related Indiana rules

Deposit return deadline

Itemized notice of deductions and the balance are due within 45 days after the lease ends and possession is delivered.

Verified Source: IC 32-31-3-12(a) · last checked 2026-10-23 · Full Indiana deposit return deadline page

Interest on deposits

Indiana's security deposit chapter (IC 32-31-3) sets no requirement that landlords pay interest on deposits (full-text search of the chapter).

Verified Source: IC 32-31-3; see IC 32-31-3-14 · last checked 2026-10-23 · Full Indiana interest on deposits page

Move-in/move-out checklist

Indiana's landlord-tenant statutes (IC 32-31, including the security deposit chapter 32-31-3) require no move-in inspection or condition checklist (full-text search of IC 32-31).

Verified Source: IC 32-31-3; IC 32-31 · last checked 2026-10-23 · Full Indiana move-in/move-out checklist page

Same topic in neighboring states

All Indiana landlord-tenant law · Indiana landlord FAQ · Deposit return deadline · Notice to enter · Required lease disclosures · Required disclosures (mold, lead, radon, bedbug, asbestos, flood zone) · Move-in checklist

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