​How much can a residential landlord charge for a security deposit in Indiana, and when must it be returned?

Indiana law doesn't cap how much a residential landlord can charge for a security deposit, but it does require the landlord to return it, or provide an itemized list of deductions, within 45 days after the tenant moves out. If the landlord misses that deadline, the landlord loses the right to withhold any portion of the deposit and can also be liable for the tenant’s attorneys’ fees.