Sec. 4. Except as otherwise provided by law, the property owned by a political subdivision of this state is exempt from property taxation. [Pre-1975 Property Tax Recodification Citations: 6-1-1-2(2), (3), (17); 6-1-12-2 part.] Formerly: Acts 1975, P.L.47, SEC.1.
Political subdivision property
Ind. Code § 6-1.1-10-4, under Chapter 10. Exemptions.
Ind. Code § 6-1.1-10-4