Documents Required to Sell a Boat in Indiana
Selling a boat through a private party transaction in Indiana requires several key documents to ensure a smooth title transfer and protect both the buyer and seller. Below is a complete checklist of the paperwork you need before completing the sale.
Required documents checklist
- Vehicle title — The original title must be signed by the seller and transferred to the buyer. This is the primary proof of ownership.
- Bill of sale — A signed bill of sale records the transaction details including buyer and seller names, sale price, date, and vehicle description.
- Release of liability — Notify the Indiana DMV that you have sold the boat to protect yourself from future liability.
- Valid identification — Both buyer and seller should present government-issued photo ID at the time of the transaction.
Indiana title transfer notes
Keep a signed bill of sale, complete title transfer promptly, and retain seller records in case of post-sale disputes.
Official DMV resource: Indiana DMV title transfer information
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Create Indiana Boat Bill of SaleIndiana Boat transfer fees and requirements
In Indiana, the title transfer fee is $15 and registration costs $21.35 - $30.35 for passenger vehicles. Boat sales are subject to 7% sales tax on purchase price. Indiana does not require notarization for private-party boat transfers. Emission testing is required in Indiana — verify the boat passes before completing the sale.
- VIN inspection required for out-of-state titles
- Emissions testing required in Lake and Porter counties
- Title transfer must be completed within 31 days
Indiana sales tax on boat purchases
Indiana has a 7% state sales tax rate. Flat 7% statewide; no additional local vehicle taxes. Private-party boat sales in Indiana are subject to sales tax. Sales tax applies to private party vehicle purchases. The title transfer fee is $15.
Boat market data and safety information
The most common boat makes in private-party sales are Bayliner, Sea Ray, Boston Whaler, Tracker, Yamaha. Average private-party boat prices range from $5,000–$75,000. Boats average 1.8 NHTSA recalls per model across categories including Fuel System, Electrical, Steering.
Safety checkpoints for buying a used boat
Before completing a boat bill of sale in Indiana, verify these safety items:
- Verify Hull Identification Number (HIN) matches registration documents
- Check for delamination, blistering, or water intrusion in fiberglass hulls
- Inspect transom for softness or rot — the most expensive structural repair
- Test all bilge pumps, navigation lights, and required safety equipment
Boat insurance and depreciation in Indiana
Boat insurance averages $200–$500/year for boats under 26 ft. Agreed-value policies are preferred over actual-cash-value. Boats depreciate 30–40% in the first 5 years. Aluminum fishing boats hold value better than fiberglass sport boats. Peak season for private boat sales is early spring (march–may) ahead of boating season, with an average of 45 days on market.
Boat registration and titling
Boats are classified as "Watercraft (state-registered) or USCG-documented vessel" for registration purposes. Boats are measured by length, not weight, for registration. Trailers have separate weight-based registration. Federal odometer disclosure does not apply to boats.
Indiana bill of sale statistics
BillOfSaleNow has generated 1,624 bill of sale documents for Indiana transactions, with 44 generated this month alone. The most popular vehicle type is car.
FAQ
What documents do I need to sell a boat in Indiana?
To sell a boat in Indiana, you typically need the vehicle title, a signed bill of sale, and a release of liability form. Some transactions may also require a smog or emissions certificate.
Does Indiana require a bill of sale for a boat?
Yes. Indiana sellers should keep a signed bill of sale for private boat transfers.
How do I transfer a boat title in Indiana?
Sign the back of the title, complete a bill of sale with the buyer, and submit the transfer paperwork to the Indiana DMV. Both parties should retain copies of all documents.