Security Deposit · IN
Indiana security deposit law
Key rules for landlords and tenants in Indiana, cited to Ind. Code § 32-31-3-9.
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At a glance
- Max deposit
- No statutory limit
- Return deadline
- 45 days after move-out
- Interest required
- No
- Statute
- Ind. Code § 32-31-3-9
- Last reviewed
- June 2026
How long does a landlord have to return a security deposit in Indiana?
In Indiana, the deadline is 45 days after move-out. That clock runs from move-out and the return of possession, not from the end of the lease.
Indiana law sets the maximum deposit at No statutory limit.
Missing the deadline has teeth. Across states, remedies range from losing the right to any deduction to penalty damages plus the tenant's attorney's fees. The itemized deduction statement has to arrive inside the same window to preserve any deduction at all.
Frequently asked questions
What is the maximum security deposit in Indiana?
No statutory limit. (Ind. Code § 32-31-3-9, last reviewed June 2026.)
How long does a landlord have to return a security deposit in Indiana?
45 days after move-out. The landlord must provide an itemized statement of any deductions. Failure to return on time may entitle the tenant to penalties under Ind. Code § 32-31-3-9.
Is interest required on security deposits in Indiana?
No. Indiana does not require landlords to pay interest on security deposits under state law.
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