Indiana Bill of Sale Forms (5)

An Indiana bill of sale form ascertains that a buyer purchased an item, such as a motor vehicle, boat, or firearm, from a seller. It does not require notarization, although both parties must sign to confirm the accuracy and honesty of the provided information. The state rejects applications with false answers and penalizes the individual(s) who provided the incorrect data.

Summary

Car registrars must use Idaho’s DMV motor vehicle bill of sale form.
The state mandates the registration and titling of trailers.
Residents do not need a permit to purchase a gun, but they need one to carry it.

Types (5)

Boat Bill of Sale – A form that outlines the specifics of a vessel transaction.

Download: PDF

Firearm Bill of Sale – The merchant and buyer use this form to record how and when they engaged in a gun deal.

Download: PDF | WORD | RTF

General Bill of Sale – Proves that the transfer of a generic item occurred between two (2) parties.

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Motor Vehicle Bill of Sale – A legal document completed when a buyer purchases a commercial vehicle from a seller.

Download: PDF

Trailer Bill of Sale – Aids in transferring a utility trailer from a seller (previous owner) to a buyer (new owner).

Download: PDF | WORD | RTF

Signing Requirements

Bill of Sale Type	Buyer Signature	Seller Signature	Notarization
Boat	Required	Required	Not required
Firearm	Required	Required	Not required
General (others)	Required	Required	Not required
Motor Vehicle	Required	Required	Not required
Trailer	Required	Required	Not required

What is an Indiana Bill of Sale?

An Indiana bill of sale exemplifies the business dealings between two (2) individuals concerning an item of monetary or personal value. When completing the form, the seller must describe the property and the terms of the sale. The buyer then reviews the information and signs to note their approval. In addition, the seller inscribes to acknowledge the document and officially transfer ownership of the item.

Upon selling the personal property, the owner agrees to hand over relevant paperwork and/or accompanying accessories. For example, during a boat sale, the seller would give the buyer the title, manufacturer’s statement of origin, registration, and other valid forms. Depending on the deal, they would also give them the keys and/or boat trailer.

Registration Forms: Boats

Boat registration occurs at the bureau of motor vehicles (BMV).

Bill of Sale (Form 44237) – A form accompanying the title and/or registration during a vessel sale.
Application for Certificate of Watercraft Title (Form 38529) – The owner completes this form to apply for an Indiana boat title.
Payment – The state bases its fees on the boat’s length and excise tax.
Identification (ID) – The applicant must provide an official card or document that states their name, address, and birthdate.
Title – Unless exempt, the owner must provide the previous or current title to apply for registration.

Additional (Optional) Documents

Application for Special Identification Number (Form 12907) – The state uses this form to give a homemade boat a hull identification number (HIN).
Certificate of Gross Retail or Use Tax Paid (Form ST-108) – For the owner to pay taxes on the boat.
Certificate of Gross Retail or Use Tax Paid Exemption (Form ST-108E) – Relieves the owner from paying vessel fees.
Limited Power of Attorney (Form 1940) – Assigns a representative as the decision-maker for the boat owner.
Watercraft Ownership Affidavit (Form 551000) – Applicants must complete this form when they cannot provide ownership documentation.

Registration Forms: Firearms

Although Indiana does not mandate gun registration, they require residents to obtain a carry permit. Applicants must submit the listed forms and payment online before visiting an Indiana state police (ISP) office.

Application – The applicant uses this online portal to provide the police station with essential information.
Fingerprints – Needed to identify the applicant during a background check. Must occur at an authorized location.
Handgun License Application Number – The person applying must visit the law enforcement agency within ninety (90) days of submitting the forms to continue the application process. They must bring their handgun license application number and additional payment during this time.

Registration Forms: Vehicles

Car owners must make an appointment with their local BMV office to receive a registration and/or title or apply online.

Bill of Sale (Form 44237) – A document needed to prove ownership, primarily when registering or titling a car.
Application for Certificate of Title for a Vehicle (Form 205) – The BMV uses this form to approve or reject vehicle registration and title.
Odometer Disclosure Statement (Form 43230) – The seller and purchaser utilize this document to verify the odometer reading.
Insurance (Liability Policy) –
- Bodily Injury (one person): $25,000
- Bodily Injury (2+ people): $50,000
- Property Damage: $25,000
- Underinsured Motorists (bodily injury): $50,000
Payment – Indiana calculates their prices based on the type of vehicle and its gross weight.
Title – The seller must provide the buyer with the current title. If not available, the new owner must apply for a title or present the registration.
Identification (ID) – The applicant must identify themselves by proving a real ID or another similar document.

Additional (Optional) Documents

Affidavit for Certificate of Title Correction (Form 55582) – To amend the original title.
Affidavit of Ownership for a Vehicle (Form 23037) – The owner submits this form with the bill of sale and lien release to ascertain ownership.
Certificate of Gross Retail or Use Tax Paid (Form ST-108) – Verifies the purchaser has paid use tax on the car.
Certificate of Gross Retail or Use Tax Paid Exemption (Form ST-108E) – Disqualifies the owner from having to pay use tax.
Indiana Motor Vehicle Power of Attorney (Form 1940) – For the agent to take care of responsibilities for another person’s vehicle.
Mechanic’s Lien Bill of Sale (Form 23104) – The seller must give this completed form to the buyer and/or lienholders.

Registration Forms: Trailers

The applicant must bring the required forms and payment to a BMV location for registration.

Bill of Sale – Outlines the transfer of a private use trailer.
Payment – Calculations based on the weight of the utility trailer.
Title – Obtained from the dealer or private seller to provide information about the carrying platform.

Additional (Optional) Documents

Application for Special Identification Number (Form 12907) – To assign an identification number to a homemade trailer.
Manufacturer’s Statement of Origin (MSO) – Informs the state of how and when the trailer builder created it.
Trailer Ownership Affidavit (Form 43753) – For owners of homemade trailers.