1. Kate Sweeney Bell Recorder
Marion County Recorder’s Office Housing Fund & Predictable Recording Fees
Kate Sweeney Bell Recorder
June 19, 2017

2. Recording Fees Overview
Passage of SEA 505 creates predictable recording fees instead of a per-page fee structure.
SEA 505 allows for City-County Council to replace per-page fee for Housing Trust Fund to flat fee per document. Also allows 100% of fee collected directed to City Housing Trust Fund. (existing fee split with 40% sent to state housing trust.)
Legislative partners included:
Indiana Recorders Association
Indiana Surveyors Association
Association of Indiana Counties
Indiana Land Title Association
Indiana Mortgage Bankers Association
City of Indianapolis
CHIP Indy
June 19, 2017
Housing Trust Fund & Predictable Recording Fees

3. Housing Trust Fund Overview
Current Housing Trust Fee is $2.50 for first page and $1.00 each additional page.
Recording Charges Effective July 1, 2017:
Mortgages: $57.50 first page, $1.00 each additional page
All other documents: $27.50 first page, $1.00 each additional page
Updated fee is $10 per document, regardless of page count.
Recording Charges Effective August 1, 2017 (if ordinance approved):
Mortgages: $65.00
All other documents: $35.00
Critical that Marion County Recorder be able to charge predictable fees.
June 19, 2017
Housing Trust Fund & Predictable Recording Fees

4. Housing Trust Fund Fees
Existing fee structure averages about $6.00 per document for Housing Trust Fund.
June 19, 2017
Housing Trust Fund & Predictable Recording Fees