Short-term rental rules · Speedway, Indiana
Short-term rentals in Speedway, explained properly.
The Town of Speedway, Indiana, requires an owner to get a Town short-term rental permit for each property used as a short-term rental, meaning a rental of a home or dwelling unit for terms of less than 30 days through a booking platform. The town manager issues the permit within 30 days of a complete application. The initial fee is $150, the permit lasts one year, renewal carries no fee, and the permit cannot be transferred when the property is sold. Operators must follow parking, garbage and nuisance standards, keep a contact person who can reach the dwelling within three hours, and give renters and post a set of required information. Renting without a permit is a Class C infraction with each rental a separate violation, and three or more citations in a year can lead to revocation for up to a year. We haven't reviewed the Town's zoning ordinance, so confirm that an address is zoned for the use.
At a glance
What you need to know before you buy or list
| Question | Answer |
|---|---|
| Are short-term rentals allowed? | Allowed with a Town short-term rental permit; the zoning ordinance, which governs where the use is allowed, hasn't been reviewed yet for this page [1] ClauseConfirming |
| Is a Town short-term rental permit required? | Yes: an owner must get a Town permit for each property used as a short-term rental; a permit lasts one year [1] Clause |
| Town short-term rental permit fee | $150, non-refundable, for an initial permit and for a new permit after a revocation; no fee for renewal [1] Clause |
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Detailed rules
The full picture, section by section
Operating rules
| Can a short-term rental permit be transferred to a new owner? | No: if an owner sells all or part of a permitted property, the permit is not transferable; the new owner applies for a new permit [1] Clause Sec. 5.49.040 says the permit is not transferable to a new owner, who must submit an application for a new permit. It adds that a change of ownership in any capacity or form starts the mandatory requirement to apply for a new permit. |
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| Permit renewal | A permit expires one year after it is issued; renewal carries no fee, and the Town will use reasonable efforts to send a notice 30 days before expiry [1] Clause The Town renews permits for no additional fee and may not charge a fee for renewing a permit, including one that has expired. It will use reasonable efforts to notify owners of short-term rentals 30 days before their permit expires (Sec. 5.49.040). |
| Must an owner report changes to the permit application? | Yes: give the Town written updates within 30 business days after any change in the information given in the permit application [1] Clause If any information the owner gave the Town in the permit application changes, the owner must provide the updated information to the Town in writing within 30 business days (Sec. 5.49.040, citing IC 36-1-24-12). |
| Operating standards for every short-term rental | Off-street parking only on designated paved portions of the lot; the owner must keep a contact person available who can reach the dwelling with a key or entry code within three hours; garbage in a closed container and collected weekly; renters must not create a nuisance or encroach on neighbours [1] Clause Sec. 5.49.030 applies these standards to all short-term rentals: off-street parking, when provided, only on designated paved portions of the lot such as driveways; rental in a manner consistent with the character of the surrounding neighborhood; the dwelling properly maintained and kept in good repair; the premises free of debris and unwholesome substances, with garbage in a closed container and disposed of on a regular, weekly schedule; renters not encroaching on neighboring properties; and renters not creating a nuisance, which includes any activity that violates the Town noise or fireworks regulations. The owner's contact person must always be available to accept calls when the dwelling is rented and must have a key to the dwelling within three hours to address issues, or provide an entrance code for a unit with remote or key-less access. The Town enforces its ordinances for short-term rentals in the same manner as for similar properties that are not short-term rentals. |
| Information the owner must give renters and post | Before occupancy the owner must give renters, and post in a conspicuous place in the dwelling, the maximum occupancy, a contact person's name and phone number, parking locations, a copy of Chapter 5.49, and a notice that a renter may be cited or fined [1] Clause Sec. 5.49.030(c) lists five items the owner provides to the renter before occupancy and posts in a conspicuous location within the dwelling: notification of the maximum occupancy permitted in the dwelling; the name and telephone number of the contact person who may be reached any time the dwelling is rented; notification and instructions of the parking locations; a copy of the chapter, as amended; and notification that a renter may be cited or fined by the Town, in addition to any other remedies available at law, for violating any provision of the chapter or any other Town ordinance. The maximum occupancy number itself is not shown here. |
| Are any uses barred in a short-term rental? | A short-term rental must not be used to house sex-offenders, operate a structured sober living home, manufacture, exhibit, distribute or sell illegal drugs, liquor, pornography or obscenity, or operate an adult business [1] Clause Sec. 5.49.030(i) lists these uses as not allowed in a short-term rental; the adult business reference is to the definition in IC 12-7-2-1.8. |
| Do any occupancies fall outside the short-term rental rules? | Family occupancy, house sitting without payment to the owner, occupancy of up to 90 days after closing by a prior owner after a sale, and occupancy by an estate's personal representative, trustee or guardian are not short-term rentals [1] Clause Sec. 5.49.020(2) says these circumstances do not constitute a short-term rental: family occupancy (a family member and the family's guests, including in a guest house or similar dwelling on the premises used without remuneration to the owner); house sitting during the owner's and family's temporary absence without remuneration to the owner; occupancy of up to 90 days after closing by a prior owner after a sale of a dwelling; and occupancy by a personal representative, trustee or guardian of the estate, with or without remuneration. |
Penalties & enforcement
| Penalties for renting without a permit | An owner who rents a short-term rental without a valid permit commits a Class C infraction, and each short-term rental transaction completed without a permit is a separate violation [1] Clause Sec. 5.49.060(2), citing IC 36-1-24-18, makes renting without a valid Town permit a Class C infraction, with each transaction completed without a permit counted as a separate violation. A dollar amount for the infraction is not shown here. |
|---|---|
| Other violations: notices and compliance duty | Violations of Town ordinances or state and federal law get a notice of violation (the owner is also notified when an occupant commits the violation); owners and occupants must follow parking, noise and maximum occupancy rules [1] Clause Sec. 5.49.050 requires an owner and the owner's occupants to abide by all applicable state and federal laws and local ordinances, including ordinances on parking, noise and maximum occupancy limitations. Sec. 5.49.060(1) says a violation gets a notice of violation on the State of Indiana Ordinance Violation Complaint with an Instruction Form (Exhibit A), and the owner also receives notice of each violation committed by an occupant. A fine amount for these violations is not shown here. |
| Permit revocation and appeals | If three or more citations for ordinance violations are issued to an owner for a permitted property within a calendar year, the town manager may revoke that permit for up to one year; the owner may request an appeal hearing before the town council within 10 days after notice [1] Clause The town manager may revoke the permit for that property for a period of not more than one year after the date it is revoked (Sec. 5.49.060(1)(b) and (3), citing IC 36-1-24-14). Notice and hearing follow the Town's procedures for revoking other permits in Section 5.48.050. The owner may request an appeal hearing in writing, filed with the clerk-treasurer, within ten days after notice of a refusal to issue or renew, or of a suspension or revocation. The town council sets the hearing and notifies the owner and town manager at least ten working days before it; the town manager does not conduct the hearing; the owner bears the burden of proof by a preponderance of the evidence. The council may overturn or confirm the decision, which is final, delivered in writing within 30 working days of the close of the hearing, and open to judicial review under Indiana law. An owner may apply for a new permit when the revocation period has ended and all outstanding fines are paid. |
State law that also applies
| Indiana county innkeeper's tax | Indiana counties may adopt a county innkeeper's tax on rooms and accommodations rented for under 30 days, charged in addition to state sales tax; it covers houses, apartments and vacation homes, and the rate depends on the county [2] Clause The Department of Revenue describes the county innkeeper's tax (CIT) as a county tax on the rental of rooms and accommodations for periods of less than 30 days, applied in addition to state sales tax, and lists houses, apartments, condominiums and other personal residences available for rent among taxable accommodations. It does not apply to rentals of 30 days or more, and transactions exempt from state sales tax are not subject to it. An owner whose primary personal residence is rented for fewer than 15 days in the current or preceding calendar year, in line with the 14-day rent rule under Section 280A(g) of the Internal Revenue Code, is exempt from sales tax and any CIT, but all transactions through a marketplace facilitator are subject to CIT. Rates and collection points vary by county and are shown on each place's page; the Department says its table may not show all current rates. The state sales tax rate was not stated on the page read. |
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| Do booking platforms collect the county innkeeper's tax? | Yes: since July 1, 2019, marketplace facilitators that facilitate accommodation rentals of under 30 days must collect the county innkeeper's tax and send it to the Department of Revenue [2] Clause The Department says marketplace facilitators must register with the Department to collect CIT for all adopting counties, whether or not the county collects locally, and must remit all CIT directly to the Department, which distributes it to the county. When a personal residence is rented through a marketplace facilitator, the homeowner does not collect and pay CIT on that booking. The page covers CIT only; it does not say here whether platforms collect state sales tax on these stays. |
Changes
Recent and pending changes
We read Chapter 5.49 (Short-Term Rentals) of the Speedway, Indiana Municipal Code as saved on October 18, 2026. The code title page says the code is codified through Ordinance No. 1378, enacted September 11, 2023, and that its online content was updated on July 22, 2024; the Municode site notes it may not reflect the most current legislation. We haven't reviewed the Town's zoning ordinance, council agendas or minutes yet, so we will watch the Code for changes.
Sources
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This page is general information compiled from public sources, not legal or tax advice. HOA rules, deed restrictions and zoning for a specific property can be stricter. Confirm with the local permitting office and a qualified professional before buying or listing a property.