The itemized statement Indiana requires when you keep any part of a deposit β due within 45 days under IC 32-31-3-12 β generated from the deposit settlement in your ledger, with every deduction, the refund and the statute already in it.
Pick the situation; the rule on each card is Indiana's statutory minimum β your lease can be more generous to the tenant, never less.
IC 32-31-3-1245 days (IC 32-31-3-12).
Unpaid rent and charges the lease allows, and damage beyond normal wear and tear. Not routine cleaning, repainting, or carpet wear from ordinary use. Each deduction must be itemized.
No β Indiana sets no statutory maximum on a residential security deposit; the lease sets the amount.
No.
The statement shows the balance owed and the tenant is liable for it. The in-app settlement posts the difference to accounts receivable so it is not forgotten.
Indiana landlord-tenant laws Β· Indiana lease template Β· Deposit return letters for all 50 states
Deductions, refund, deadline and the statute filled in from your ledger. Free.
Deadlines and rules are Indiana's statutory minimums as of 2026, reviewed against Indiana Code, Title 32, Article 31 (Landlord-Tenant Relations). General information for landlords, not legal advice; local ordinances can add requirements.