Indiana · Northwest Indiana & beyond

Indiana Property Management

Leasing, screening, rent collection and maintenance for Indiana homes, townhomes, multi-family buildings and associations, run to Indiana law by a team managing rentals since 1995.

  • 1995

    managing Chicagoland &
    Indiana rentals since

  • 45

    days to send an itemized
    deposit statement in Indiana

  • 10

    day notice for unpaid rent
    under Indiana law

  • 8%

    starting management fee,
    charged only when rent is collected

Residential

HOA/Association

Indiana property management for owners, investors and associations

ALPS Property Management manages rentals in Indiana as well as Illinois, with local pages for Merrillville and Schererville in Lake County. Indiana landlord law differs from Illinois on deposits, notices and evictions, so every Indiana property we take on is set up for Indiana rules from the first lease.

Why Indiana rentals need Indiana rules

Owners with property on both sides of the state line often assume the same lease and process will work in both. They don't. Indiana gives landlords 45 days, not 30, to account for a deposit, uses a 10-day notice for unpaid rent instead of five, and limits what towns can require of landlords, including a $5 annual cap on rental registration fees. We run each property to the law where it sits.

Properties we manage in Indiana

  • Single-family homes, including houses owners moved out of and kept as rentals
  • Townhomes, duplexes and condos, with move-ins and repairs coordinated with your HOA
  • Small apartment buildings
  • Larger apartment buildings and commercial space (see multi-family and commercial property management)
  • Homeowner and condo associations (see HOA management)

Indiana rules we handle

  • Security deposits: no state cap, but deductions are limited to unpaid rent, damage beyond ordinary wear and tear and similar charges. An itemized list goes to the tenant within 45 days of move-out, once the tenant gives a forwarding address.
  • Notices: Indiana allows a 10-day notice for unpaid rent, one month's written notice to end a month-to-month tenancy and three months for a year-to-year tenancy.
  • Habitability and safety: Indiana landlords must deliver a safe, clean and habitable home, keep heat, plumbing and electrical systems working and fix a reported smoke detector within seven working days of written notice.
  • No self-help evictions: Indiana bans lockouts and utility shutoffs without a court order, so every eviction runs through the county court.
  • Local rules: towns may run rental registration, but Indiana caps any registration fee at $5 a year. Towns still set their own property maintenance, grass and trash rules, and we keep each home in line with them.

We confirm the current state and local rules for your address before every new lease.

Residential

HOA/Association

What we handle

How we run your
Indiana rental

Everything an Indiana rental needs, from pricing to Indiana-compliant deposit statements, handled by one team on a published fee.

01

Rental marketing & leasing

A rental price analysis, professional photos and listings on the sites renters use, with Indiana-compliant leases.

02

Resident screening

Credit, employment, debt-to-income, eviction and criminal history checks plus calls to past landlords, applied the same way to every applicant.

03

Rent collection

Online payments, automatic reminders and late notices, and direct follow-up after the grace period, with the rent we collect deposited to you.

04

Maintenance & inspections

24/7 request intake through the resident portal, troubleshooting before work orders, and vetted local vendors.

05

Accounting & owner reporting

Monthly owner statements, direct deposit, year-end 1099s and property tax oversight in an online owner portal.

06

Evictions

Indiana 10-day notices, county court filings and hearings handled if a tenant stops paying, backed by our $1,000 eviction guarantee.

Pricing

What property management
costs in Indiana

ALPS charges a management fee starting at 8% of the rent we collect, and nothing in a month when rent is not collected. A new lease carries a leasing fee of 50% of one month's rent, and a renewal is $250.

On an $1,800-a-month rental, that works out to $144 a month in management fees and $900 when a new resident signs.

Our agreement runs month to month with no termination fee, and our written guarantees cover tenant placement, evictions, pet damage and on-time rent deposits.

Google reviews

What owners
and residents say

4.9

Average of 137 reviews · read on Google

“The team at ALPS Property Managements has been fantastic! Highly responsive and on top of their game so I don’t have to be. They have been diligent and thorough and a reliable team that gets it done. Excellent communicators and just a great team to work with!”

LJ Busekrus

“ALPS Property Management has been managing my condo for the last 7 years, and it is one of the best property management companies i have ever worked with. All the employees of ALPS are extremely professional, they respond to any query or request very quickly, i will highly recommend ALPS for any of your property management needs.”

Min Zou

“Great company and a great team! They do an excellent job in their property management. They are always easy to get a hold of and very reliable. Would recommend!”

Cody Starostka

Local pages

Indiana communities
with local pages

Local rents, rules and neighborhoods for the Indiana communities we work in most. If your town is not listed, ask us.

Merrillville

Homes, townhomes and apartments in Lake County, run to Indiana law with the Town's rental registration kept current.

Schererville

Homes, townhomes and condos in Lake County, close to the new Munster/Dyer South Shore Line station.

Not sure we cover your town?

Tell us where your Indiana property is and we will tell you straight away whether we can manage it.

Common questions

Indiana property management
FAQs

Which parts of Indiana do you serve?

We have local pages for Merrillville and Schererville in Lake County, and we manage rentals in other Indiana communities too. Tell us where your property is and we will confirm whether we can manage it.

How much does property management cost?

ALPS charges a management fee starting at 8% of the rent we collect, and nothing in a month when rent is not collected. New leases carry a leasing fee of 50% of one month's rent, and renewals are $250. On an $1,800 rental that is $144 a month.

How do security deposits work in Indiana?

Indiana has no cap on deposits. After move-out, the landlord has 45 days to send an itemized list of deductions and the balance, once the tenant provides a forwarding address in writing. Ordinary wear and tear cannot be deducted.

Do I need a rental license in Indiana?

Indiana has no statewide rental license. Some towns run rental registration programs, but state law caps the fee at $5 a year. We check the local rules for your address before the first lease.

How much notice do I need to end a lease?

In Indiana, a month-to-month tenancy needs one month's written notice and a year-to-year tenancy needs at least three months before the year ends. A fixed-term lease ends on its end date unless the lease says otherwise.

What happens if a tenant stops paying rent?

Indiana allows a 10-day notice to pay or leave. Indiana bans lockouts and utility shutoffs without a court order, so if it reaches eviction, we handle the county court filing and hearings. Every management agreement includes our $1,000 eviction guarantee.

Areas we serve

Property managers across
Northern Illinois & Indiana

Our managers work across Northern Illinois and Indiana every day, so your house or building is priced on real local comps rather than a regional average.

Additional service areas

Tell us about your
Indiana rental

We will tell you what it should rent for, free and the same day, and tell you honestly whether you would be better off selling.

Or call 815.469.3800