We are talking today about the new Indianapolis Landlord Registration ordinance that went into effect January 1, 2015.
Indianapolis has followed the lead of several municipalities around the country and is now requiring property owners and investors to register in their system each year. The cost is $5, and that’s $5 per property owner. So if you have four properties you need to register and you do them all at the same time, it’s going to cost you $5. If you go in and register them each individually, it will cost you $20 or $5 per registration.
There are two ways to register your property. You can go down to the Code Enforcement office. They have a kiosk set up in their lobby and you can register there. The other option is to register online. It takes about five minutes per property and it’s not very difficult. The link for that website is here: https://permitsandcases.indy.gov/citizenAccess/
When you go to register, make sure you have a parcel number for each of the properties you are going to register as well as the number of units on each parcel. Then, they will want the contact information for the individual responsible for each property.
Failing to register can cost you up to $500. If they find you have failed to register one parcel, they will take some time looking to see if you have failed to register other parcels. Remember that $5 is an annual cost that you need to renew every year.
If you have questions about the registration process or how to do it, please contact us at Indiana Property Management Group, and we’d be happy to help.