Most sellers think about commission — but that's only part of what comes out at closing. Your Realty Link breaks down every seller cost so you know your true net proceeds before you decide to list.
When Indiana homeowners think about selling costs, commission is usually the only number that comes to mind. And while commission is the largest single line item, it's far from the only one. Title insurance, transfer taxes, prorated property taxes, settlement fees, and any buyer concessions you agree to all come out of your proceeds before you walk away from the closing table. The difference between your sale price and your net proceeds can be meaningful — and the only way to plan accurately is to understand the full picture upfront. Your Realty Link provides every seller with a detailed net sheet before they list, so the number at closing is never a surprise.
Here's a breakdown of the costs a typical Indiana home seller can expect to see on their closing statement:
| Cost Item | What It Covers |
|---|---|
| Real estate commission | Total agent commission paid at closing, typically split between listing and buyer agents |
| Owner's title insurance | Protects the buyer against title defects discovered after closing; typically paid by seller in Indiana |
| Title search / examination | Review of public records to confirm clear title before the sale |
| Settlement / closing fee | The title company's fee for coordinating and conducting the closing |
| Indiana transfer tax | State conveyance fee based on the sale price; paid by seller |
| Recording fees | County charge to record the deed transfer in public records |
| Property tax proration | Your share of current-year property taxes through the closing date, credited to the buyer |
| HOA proration / dues | Any outstanding HOA dues or prepaid amounts prorated to the closing date |
| Mortgage payoff | Your remaining loan balance plus any prepayment interest; paid directly to your lender |
| Buyer concessions | Any closing cost contributions you agreed to in the purchase contract |
| Inspection repair credits | Any repair credits or escrow holdbacks negotiated after the inspection |
Indiana property taxes are paid in arrears, which means the tax bills you pay in the current year cover the prior year's taxes. At closing, the seller owes their portion of the current year's taxes from January 1st through the closing date — even though those taxes haven't been billed yet. The title company calculates this proration and credits it to the buyer on the closing statement, which reduces what you receive as the seller.
Depending on the county, the property value, and the time of year you close, this proration can be a meaningful number. It's one of the costs sellers most commonly overlook when estimating their net proceeds, and it's one of the first things we include on a seller net sheet.
Janet Giles-Schultz and the Your Realty Link team provide every potential seller with a detailed, itemized seller net sheet during the listing consultation — before you sign anything and before you set a price. The net sheet estimates your proceeds based on a projected sale price, your current mortgage balance, and all anticipated closing costs. It's the document that tells you what you'll actually walk away with, not just what price you're asking.
Understanding your net is what lets you make smart decisions about pricing. If you need a certain amount to pay off your mortgage and cover your next move, knowing that number upfront helps you set a list price that achieves it — and helps you evaluate offers accurately rather than being surprised at the closing table.
We provide a detailed estimate of your proceeds before you list — so your financial decision is based on complete information.
Knowing your net helps you price correctly from the start — not too high, not leaving money on the table.
We help you evaluate buyer concession requests against your bottom line so every counter-offer is grounded in real numbers.
Your Realty Link is always upfront about commission structure. No surprises, no hidden fees at closing.
We meet, review your home, run a CMA, and provide a detailed seller net sheet showing projected proceeds at various price points.
With your net in mind, we recommend a list price designed to attract qualified buyers and achieve your financial goals.
Your home is listed on MIBOR MLS with professional photos and full digital marketing across all major platforms.
We review every offer against your net sheet so you understand the true value of each proposal — not just the headline price.
We review the final closing statement with you before closing day to confirm every number matches what was projected.
Your Realty Link is a MIBOR member brokerage led by Janet Giles-Schultz, Principal Broker, with deep experience across Indianapolis and Central Indiana. We believe sellers deserve complete financial transparency from the first conversation — not just a sale price and a surprise at closing. Our seller net sheet is just one part of how we deliver that transparency. If you're thinking about selling and want to understand exactly what you'll net, call us for a free, no-obligation consultation.
A seller net sheet estimates what you'll walk away with after all closing costs, fees, and your mortgage payoff are deducted from the sale price. It's the most important financial document in the listing process — it shows your actual proceeds, not just the sale price. Your Realty Link provides a free, detailed net sheet as part of your listing consultation.
Yes. Indiana imposes a transfer tax (conveyance fee) based on the sale price, typically paid by the seller. Counties may also assess their own fee. Your title company or agent can calculate the specific amount for your transaction.
In Indiana, the seller typically pays for the owner's title insurance policy. The buyer pays for the lender's policy as part of their closing costs. Title insurance customs can vary by county and transaction — your purchase agreement will specify who is responsible for each policy.
Indiana property taxes are paid in arrears. At closing, the seller is responsible for their share of the current year's taxes through the closing date, even though those taxes haven't been billed yet. This is calculated as a credit to the buyer on the closing statement — it reduces what the seller receives and is one of the costs sellers most commonly overlook.
Know what you'll actually walk away with before you decide to list. Call Janet Giles-Schultz for a free consultation and detailed net sheet.
A professional home valuation is the starting point for your net sheet and your pricing strategy.
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