Unknown to you, you may have some additional money waiting for you. Or perhaps a relative would, and who knows? If you locate it for them, perhaps they will owe you a cup of coffee.
What is known regarding unclaimed property in Indiana is as follows:
What is unclaimed property?
Unclaimed property is described on the attorney general’s website as “any asset with no activity for an extended period of time.” This could consist of:
- Unclaimed wages or commissions
- Savings and checking accounts
- Stock dividends
- Insurance proceeds
- Underlying shares
- Customer deposits or overpayments
- Certificates of deposit
- Credit balances
- Refunds
- Money orders
- Safe deposit box contents
Residents of Indiana can use indianaunclaimed.gov to look for unclaimed financial assets, including deposits, overpayments, refunds, and insurance earnings. It’s worthwhile to look up additional members of your family or acquaintances. Maybe they will split the payout, who knows.
How much unclaimed money has been paid out this year in Indiana?
According to the website, as of July 11, more than $38 million had been given back to Hoosiers in 2024. Up till now, almost $750,000 has been the highest claim; the average reward has been roughly $1,000. Over $850 million has not yet been claimed.
How do I find unclaimed funds in Indiana?
Look up unclaimed property using your name or company name to see if you are due any money.
If you discover anything, you can use the website to file a claim and receive your money back without paying anything. You can check the status here after you have the claim ID number.
How long does it take to receive unclaimed money?
The attorney general site suggests allowing up to 90 days to process the claim.
How long do I have to claim the money?
According to the state attorney general FAQ, unclaimed property is held for 25 years, after which it becomes the property of the state.
Can I claim property on behalf of someone else?
You may claim assets on behalf of someone if you are their legitimate heir. If you are a business’s owner or have the power to make financial choices, you may also be able to claim property on the company’s behalf.
A parent or legal guardian may make a claim on behalf of a minor who is under the legal filing age of eighteen.
How do I find unclaimed property from other states?
Seeking to expand your search for unclaimed assets from other states? Go to missingmoney.com.
How do I contact the Indiana Unclaimed Property Division?
Email: updmail@atg.in.gov (for claims) or updholder@atg.in.gov (for businesses)
Phone: 1-866-462-5246 (for claims) or 1-317-234-9768 (for reporting unclaimed property)
Mailing address: Office of the Indiana Attorney GeneralUnclaimed Property DivisionPO Box 2504Greenwood, IN 46142.
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