Have a Tax Question? Ask a Tax Expert
If your father's gross estate was less than $2,000,000 then there is no federal estate tax due. If any of the assets that you received are retirement plan accounts or annuity contracts then there will be federal income taxes on the taxable portion of the funds when you take distributions.
Your estimate for the Indiana inheritance tax is correct, assuming that your share was after allowable deductions for items such as funeral expenses, attorney fees, personal representative fees, and unpaid income taxes for your father.