IN Appraisal

Indiana Real Estate Appraisal School

Everything you need for your Indiana Appraisal license at McKISSOCK Online. Any time.

Our courses are Accredited by the Indiana Professional Licensing Agency and are available at any time, from any computer. Get the required hours to work toward your Indiana Appraisal license on your schedule. Each course, written and taught by experts in their field, is available to you 24/7. We put all of the courses, support and savings in one convenient location.

McKissock Online Courses Get High Marks From Students!

McKissock takes pride in it's online courses and it shows! Our 17 currently approved Indiana Appraisal license education courses have received 8,216 reviews for a rating of 4.31 out of 5.
  • Trainee
  • Licensed
  • Certified Residential
  • Certified General

Indiana Licensing Information

Qualify:
1
Licensees must be at least 18 years of age.
Education:
2
The Required Core Curriculum to become an Indiana State Registered Real Property Appraiser totals 90 hours. Following are the required courses:
 
Basic Appraisal Principles - 30 hours
 
Basic Appraisal Procedures - 30 hours
 
15-hour National USPAP Course or Equivalent -15 hours
 
Residential Market Analysis Highest and Best Use - 15 hours
Apply:
3
To apply for an initial license, applicants must submit the following:
 
- Attached documentation as needed to show proof of satisfying the requirements;
 
- Complete the application for Licensure Real Estate Appraiser form;
 
- All appropriate fees as required
 
- Each applicant will need to complete the fingerprint background check
Exam:
4
Once the Indiana Professional Licensing Agency receives the appropriate materials the application will be reviewed and if approved the letter to sit for the trainee appraiser exam will be sent to the applicant.  This letter will explain how to register for the examination.
Gaining Experience:
5
Indiana licensed trainee appraisers shall be subject to direct supervision, including inspection of all properties by a supervising appraiser:
 
(1) Who:   shall be a certified residential appraiser or certified general appraiser in Indiana; and had no disciplinary action within the last two (2) years; and
(2) Whose license or certificate is not currently on probation or suspended or has been revoked.
 
-  The supervisor shall be responsible for the direct supervision of the Indiana licensed trainee appraiser by signing and certifying the report as in compliance with the Uniform Standards of Professional Appraisal Practice.
 
-  An appraisal log shall be maintained by the Indiana licensed trainee appraiser and supervising appraiser. It is the responsibility of the trainee to retain the log for submission to the board with any future application for license certification. The trainee shall be entitled to copies of appraisals, including appraisal reports and any work files that the trainee completes.
 
- The supervising appraiser shall accompany the Indiana licensed trainee appraiser and inspect the subject and comparable properties on the following appraisal assignments:
 
(1) The first fifty (50) assignments performed by the trainee.
(2) During the first year the trainee holds an active license; all assignments located more than fifty (50) miles from the supervising appraiser's office.
AQB Changes
6

The Appraiser Qualifications Board (AQB) has adopted changes to the Real Property Appraiser Qualification Criteria that will become effective January 1, 2015.

A summary of the changes can be found on The Appraisal Foundation’s (TAF) website at:

https://appraisalfoundation.sharefile.com/d/sd2f26fafefe402ab
Licensed Level:
1
The Indiana Professional Licensing Agency does not recognize a state licensed level.
Qualify:
1
Licensees must be at least 18 years of age and have gained a minimum of 2500 hours of acceptable appraisal experience in not less than 2 years.
 
A minimum of an Associates Degree OR 21 college semester hours in specific subject matters is also required.
Education:
2

The Required Core Curriculum to become an Indiana Certified Residential Appraiser totals 200 hours. Following are the required courses:
 
Basic Appraisal Principles - 30 hours
 
Basic Appraisal Procedures - 30 hours
 
15-hour National USPAP Course or Equivalent - 15 hours
 
Residential Market Analysis and Highest and Best Use - 15 hours
 
Residential Appraiser Site Valuation and Cost Approach - 15 hours
 
Residential Sales Comparison and Income Approaches - 30 hours
 
Residential Report Writing and Case Studies - 15 hours
 
Statistics, Modeling and Finance – 15 hours.
 
Advanced Residential Applications and Case Studies – 15 hours.
 
Appraisal Subject Matter Electives - 20 hours
 
 
Education for Trainees Upgrading to Certified Residential License
 - 15 hours Residential Report Writing and Case Studies
 - 15 hours Residential Appraisal Site Valuation and Cost Approach
 - 30 hours Residential Sales Comparison and Income Approaches
 - 15 hours Statistics, Modeling and Finance
 - 15 hours Advanced Residential Applications and Case Studies
 - 20 hours Appraisal Subject Matter Electives

If your current license or certification was obtained prior to the implementation of the 2008 AQB Criteria, please contact your State Regulatory Agency to verify the upgrade requirements.  


Apply:
3
To apply for an initial license, applicants must submit the following:
 
- Attached documentation as needed to show proof of satisfying the requirements;
 
- Complete the application for Licensure Real Estate Appraiser form;
 
- All appropriate fees as required
 
- Each applicant will need to complete the fingerprint background check
Exam:
4
Once all required items are submitted, the application will be reviewed and samples of appraisals from the log you submit will be requested. You will be instructed to submit samples by email in PDF format as well as hard copies by mail for the application file.
 
The Board will review the application and the samples of work submitted. If acceptable to the Board, the application will be approved and a letter will be emailed to the applicant stating that he/she is eligible to sit for the certified residential exam. This letter will also explain how to register for the examination.
AQB Changes
5

The Appraiser Qualifications Board (AQB) has adopted changes to the Real Property Appraiser Qualification Criteria that will become effective January 1, 2015.

A summary of the changes can be found on The Appraisal Foundation’s (TAF) website at:

https://appraisalfoundation.sharefile.com/d/sd2f26fafefe402ab
Qualify:
1

Licensees must be at least 18 years of age and have gained a minimum of 3000 hours of acceptable appraisal experience in not less than 2.5 years. A minimum of 2000 of these hours must be in the general category.

 
A minimum of a Bachelors Degree OR 30 college semester hours in specific subject matters is also required.


Education:
2

The Required Core Curriculum to become an Indiana Certified General Appraiser totals 300 hours. Following are the required courses:
 
Basic Appraisal Principles - 30 hours
 
Basic Appraisal Procedures - 30 hours
 
15-hour National USPAP Course or Equivalent -15 hours
 
Statistics, Modeling and Finance - 15 hours
 
General Appraiser Market Analysis and Highest & Best Use - 30 hours
 
General Appraiser Sales Comparison Approach - 30 hours
 
General Appraiser Site Valuation & Cost Approach - 30 hours
 
General Appraiser Income Approach - 60 hours
 
General Appraiser Report Writing & Case Studies - 30 hours
 
Appraisal Subject Matter Electives - 30 hours
 
 
Education for Trainees Upgrading to Certified General License
 - 15 hours Statistics, Modeling and Finance
 - 30 hours General Appraiser Market Analysis and Highest & Best Use
 - 30 hours General Appraiser Sales Comparison Approach
 - 30 hours General Appraiser Site Valuation and Cost Approach
 - 60 hours General Appraiser Income Approach
 - 30 hours General Appraiser Report Writing and Case Studies
 - 30 hours Appraisal Subject Matter Electives
 
Certified Residential Licenses Upgrading to Certified General
 - 15 hours General Appraiser Market Analysis and Highest & Best Use
 - 15 hours General Appraiser Sales Comparison Approach
 - 15 hours General Appraiser Site Valuation and Cost Approach
 - 45 hours General Appraiser Income Approach
 - 10 hours General Appraiser Report Writing and Case Studies
 
**Basic education courses must be a minimum of 15 hours in length to qualify for approval. As such, the basic education hours obtained for the purposes of upgrading from a Certified Residential to Certified General will always be in excess of the hours listed above.

If your current license or certification was obtained prior to the implementation of the 2008 AQB Criteria, please contact your State Regulatory Agency to verify the upgrade requirements.  


Apply:
3
To apply for an initial license, applicants must submit the following:
 
- Attached documentation as needed to show proof of satisfying the requirements;
 
- Complete the application for Licensure Real Estate Appraiser form;
 
- All appropriate fees as required
 
- Each applicant will need to complete the fingerprint background check
Exam:
4
Once all required items are submitted, the application will be reviewed and samples of appraisals from the log you submit will be requested. You will be instructed to submit samples by email in PDF format as well as hard copies by mail for the application file.
 
The Board will review the application and the samples of work submitted. If acceptable to the Board, the application will be approved and a letter will be emailed to the applicant stating that he/she is eligible to sit for the certified residential exam. This letter will also explain how to register for the examination.
AQB Changes
5

The Appraiser Qualifications Board (AQB) has adopted changes to the Real Property Appraiser Qualification Criteria that will become effective January 1, 2015.

A summary of the changes can be found on The Appraisal Foundation’s (TAF) website at:

https://appraisalfoundation.sharefile.com/d/sd2f26fafefe402ab


*The summarized information provided by McKISSOCK above is not intended as legal advice. Please be sure to contact your State Regulatory Agency for complete detailed licensure information.
Indiana Appraisal School
Indiana Appraisal Packages
The fastest and easiest way to get your Indiana Appraisal license

You get all the information you need to prepare for and schedule your exam:
  • Basic Appraisal Principles
  • Residential Market Analysis and Highest & Best Use
  • Basic Appraisal Procedures
  • 2014-2015 15-Hour National Uniform Standards of Professional Appraisal Practice
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