Tax Lien Certificates and Tax Deed Sales in Indiana IN


There are 92 Counties in Indiana. It has about 6,080,485 residents. It became the 19th state on December 11, 1816. The state motto is "The crossroads of America".

Currently, the maximum penalty rate being offered to all Illinois tax lien certificate investors will vary from 10% to 15% with a one year right of redemption.

Summary: After the County auditor makes notice of delinquency (Sec. 6-1.1-24-1), each county and certain cities hold annual public oral bids auctions of property on which taxes have been listed as delinquent The county treasurer shall sell the tract or real property, subject to the right of redemption, to the highest bidder at public auction. However, a tract or an item of real property may not be sold for an amount which is less than the minimum bid requirements (Sec. 6-1.1-24-5, Sec. 6-1.1-24-5.2). If a tract or an item of real property is offered for sale under sections 1 through 5 of this chapter; and an amount is not received that is at least equal to the minimum sale price required under section 5(e) of this chapter; the tract or an item of real property may be offered for sale a second time consistent with the provisions of sections 1 through 5 of this chapter or subsection (b). (Sec. 6-11-24-5.5) When a tract or an item of real property is offered for sale under this chapter for two (2) consecutive tax sales and an amount is not received equal to or in excess of the minimum sale price prescribed in section 5(e) of this chapter, the county acquires a lien in the amount of the minimum sale price. This lien attaches on the day after the last date on which the tract or item was offered for sale the second time. (Sec. 6-1.1-24-6).

Law: Indiana Code, Title 6, Article 1.1, Chapter 24, "Sale of Real Property When Taxes or Special Assessments Become Delinquent," and Chapter 25, "Redemption of and Tax Deeds for Real Property Sold for Delinquent Taxes and Special Assessments."

Tax Sale List: Use Indiana Tax Sale Lists to search for Indiana tax lien certificates to buy or bid on. Generally most Indiana tax sale lists will identify the property owner, parcel number, legal description and the amount due. In some cases, the tax sale list may include the tax collectors assessed value of the property.

Contact: County Treasurer and County Auditor (Sec. 6-1.1-24-5).

Interest Rate: Varies upon when it is redeemed. 10% penalty on the minimum bid amount if redeemed within six months of the sale; 15% penalty on the minimum bid amount if redeemed after six months (Sec. 6-1.1-25-2).

10% per annum interest on the difference between the successful bid price and the minimum bid (referred to as the overbid) from the date of payment to the date of redemption. (6-1.1-24-2 (4)(D))

Auction Type: Tax Lien Certificate (Sec. 6-1.1-24-10).

Bidding Procedure: Amount is raised subject to the minimum bid requirements (Sec. 6-1.1-24-5).

Costs: are not specified by the state statutes.

Redemption Period: Any person may redeem the tract or real property sold under IC 6-1.1-24 at any time before the expiration of the period of redemption specified in section 4 of this chapter by paying to the county treasurer the amount required for redemption (Sec. 6-1.1-25-1). The certificate holder can seek the deed after one year has passed after the date of the sale: (Sec. 6-1.1-25-4, Sec. 6-1.1-25-4.5) but not later than six (6) months after the expiration of the period of redemption (IC 6-1.1-25-4.6). A special 120-day redemption period applies to property sold to a purchasing agency and to property listed on the property lists of consolidated counties.

Deed assigned at Foreclosure to: The Tax Lien Certificate holder. Furthermore, A tax deed executed under this chapter vests in the grantee an estate in fee simple absolute, free and clear of all liens and encumbrances created or suffered before or after the tax sale except those liens granted priority under federal law and the lien of the state or a political subdivision for taxes and special assessments which accrue subsequent to the sale and which are not removed under subsection (Sec. 6-1.1-25-4).

In order for the deed to be valid the purchaser must make two critical notifications

  1. 90 days after the tax sale (Sec. 6-1.1-25-4.5 (b) (3) )
  2. 09 months after tax sale (Sec. 6-1. 4.5 (a) (3) )

According to (Sec. 6-1. 1-25-7 (b)) "If the: (1) purchaser; (2) purchaser's successors or assigns; or (3) purchaser of the certificate of sale under IC 6-1.1-24; fails to file the petition within the period provided in section 4.6 of this chapter, that person's lien against the real property terminates at the end of that period."

Notes:

 

Counties:


County:  Auction Type:  Bidding Type:  Population: 
Adams  Tax Lien Certificate  Premium Bid 33,625
Allen  Tax Lien Certificate  Premium Bid 331,849
Bartholomew  Tax Lien Certificate  Premium Bid 71,435
Benton  Tax Lien Certificate  Premium Bid 9,421
Blackford  Tax Lien Certificate  Premium Bid 14,048
Boone  Tax Lien Certificate  Premium Bid 46,107
Brown  Tax Lien Certificate  Premium Bid 14,957
Carroll  Tax Lien Certificate  Premium Bid 20,165
Cass  Tax Lien Certificate  Premium Bid 40,930
Clark  Tax Lien Certificate  Premium Bid 96,472
Clay  Tax Lien Certificate  Premium Bid 26,556
Clinton  Tax Lien Certificate  Premium Bid 33,866
Crawford  Tax Lien Certificate  Premium Bid 10,743
Daviess  Tax Lien Certificate  Premium Bid 29,820
Dearborn  Tax Lien Certificate  Premium Bid 46,109
Decatur  Tax Lien Certificate  Premium Bid 24,555
DeKalb  Tax Lien Certificate  Premium Bid 40,285
Delaware  Tax Lien Certificate  Premium Bid 118,769
Dubois  Tax Lien Certificate  Premium Bid 39,674
Elkhart  Tax Lien Certificate  Premium Bid 182,791
Fayette  Tax Lien Certificate  Premium Bid 25,588
Floyd  Tax Lien Certificate  Premium Bid 70,823
Fountain  Tax Lien Certificate  Premium Bid 17,954
Franklin  Tax Lien Certificate  Premium Bid 22,151
Fulton  Tax Lien Certificate  Premium Bid 20,511
Gibson  Tax Lien Certificate  Premium Bid 32,500
Grant  Tax Lien Certificate  Premium Bid 73,403
Greene  Tax Lien Certificate  Premium Bid 33,157
Hamilton  Tax Lien Certificate  Premium Bid 182,740
Hancock  Tax Lien Certificate  Premium Bid 55,391
Harrison  Tax Lien Certificate  Premium Bid 34,325
Hendricks  Tax Lien Certificate  Premium Bid 104,093
Henry  Tax Lien Certificate  Premium Bid 48,508
Howard  Tax Lien Certificate  Premium Bid 84,964
Huntington  Tax Lien Certificate  Premium Bid 38,075
Jackson  Tax Lien Certificate  Premium Bid 41,335
Jasper  Tax Lien Certificate  Premium Bid 30,043
Jay  Tax Lien Certificate  Premium Bid 21,806
Jefferson  Tax Lien Certificate  Premium Bid 31,705
Jennings  Tax Lien Certificate  Premium Bid 27,554
Johnson  Tax Lien Certificate  Premium Bid 115,209
Knox  Tax Lien Certificate  Premium Bid 39,256
Kosciusko  Tax Lien Certificate  Premium Bid 74,057
La Porte  Tax Lien Certificate  Premium Bid 110,106
LaGrange  Tax Lien Certificate  Premium Bid 34,909
Lake  Tax Lien Certificate  Premium Bid 484,564
Lawrence  Tax Lien Certificate  Premium Bid 45,922
Madison  Tax Lien Certificate  Premium Bid 133,358
Marion  Tax Lien Certificate  Premium Bid 860,454
Marshall  Tax Lien Certificate  Premium Bid 45,128
Martin  Tax Lien Certificate  Premium Bid 10,369
Miami  Tax Lien Certificate  Premium Bid 36,082
Monroe  Tax Lien Certificate  Premium Bid 120,563
Montgomery  Tax Lien Certificate  Premium Bid 37,629
Morgan  Tax Lien Certificate  Premium Bid 66,689
Newton  Tax Lien Certificate  Premium Bid 14,566
Noble  Tax Lien Certificate  Premium Bid 46,275
Ohio  Tax Lien Certificate  Premium Bid 5,623
Orange  Tax Lien Certificate  Premium Bid 19,306
Owen  Tax Lien Certificate  Premium Bid 21,786
Parke  Tax Lien Certificate  Premium Bid 17,241
Perry  Tax Lien Certificate  Premium Bid 18,899
Pike  Tax Lien Certificate  Premium Bid 12,837
Porter  Tax Lien Certificate  Premium Bid 146,798
Posey  Tax Lien Certificate  Premium Bid 27,061
Pulaski  Tax Lien Certificate  Premium Bid 13,755
Putnam  Tax Lien Certificate  Premium Bid 36,019
Randolph  Tax Lien Certificate  Premium Bid 27,401
Ripley  Tax Lien Certificate  Premium Bid 26,523
Rush  Tax Lien Certificate  Premium Bid 18,261
Scott  Tax Lien Certificate  Premium Bid 22,960
Shelby  Tax Lien Certificate  Premium Bid 43,445
Spencer  Tax Lien Certificate  Premium Bid 20,391
St. Joseph  Tax Lien Certificate  Premium Bid 265,559
Starke  Tax Lien Certificate  Premium Bid 23,556
Steuben  Tax Lien Certificate  Premium Bid 33,214
Sullivan  Tax Lien Certificate  Premium Bid 21,751
Switzerland  Tax Lien Certificate  Premium Bid 9,065
Tippecanoe  Tax Lien Certificate  Premium Bid 148,955
Tipton  Tax Lien Certificate  Premium Bid 16,577
Union  Tax Lien Certificate  Premium Bid 7,349
Vanderburgh  Tax Lien Certificate  Premium Bid 171,922
Vermillion  Tax Lien Certificate  Premium Bid 16,788
Vigo  Tax Lien Certificate  Premium Bid 105,848
Wabash  Tax Lien Certificate  Premium Bid 34,960
Warren  Tax Lien Certificate  Premium Bid 8,419
Warrick  Tax Lien Certificate  Premium Bid 52,383
Washington  Tax Lien Certificate  Premium Bid 27,223
Wayne  Tax Lien Certificate  Premium Bid 71,097
Wells  Tax Lien Certificate  Premium Bid 27,600
White  Tax Lien Certificate  Premium Bid 25,267
Whitley  Tax Lien Certificate  Premium Bid 30,707

To report any updates, deletions or additions to the county list, please click here.

Comments:


By Diane Songen on Saturday, January 26th 2008, 4:55 pm:
Indiana requires 90 day notification and
9 month notification. What is a notification. Is it a special form if so, where do I get it? Or do I just send someone a letter. If that's it,who do I send the letter to.


By Troy on Wednesday, February 27th 2008, 11:00 am:
I need to make notifications on 6 parcels purchased at a tax sale in Lake County,but the attorneys charge too much for this process.How can I go through this process without attorney?


By Fred on Saturday, May 17th 2008, 8:53 am:
Does anyone ever answer these questions?


By me on Friday, August 01st 2008, 5:42 pm:
you should hire an attorney to handle your notifications. if you report their fees to the treasurer on a Form 137B, you will be reimbursed for that expense if the property owner redeems the lien. for most counties, the reimbursable amount is up to $300 per parcel for attorney fees, and up to $150 for a title search.
if the lien doesn't get redeemed, then you'll have to prove that you did the notifications correctly in order to get the property. it is a small price to pay for the security of knowing that it was done by someone who knows what they are doing. (no, i am not an attorney.)


By tax lien buyer on Friday, August 22nd 2008, 10:42 pm:
I do my own paperwork.
Need help, contact me
mmmkredlo@aol.com


By margaret on Wednesday, May 20th 2009, 5:06 pm:
if property is in foreclousure state, called county they have no record who owns property besides previous owners, who no longer lives there, no sale sign, lock box on front door, property is almost 3 years deliquent on taxes, if up for auction who is responsible for money owed to bank or mortage company? where to find what bank owns it?


By Al Beat on Wednesday, June 17th 2009, 11:33 am:
Looking up liens


By new to sale on Monday, November 30th 2009, 11:26 am:
I purchased several vacant properties (land) at the tax certificate sale. I want to do the legal work myself to save money. Besides notification to the listed owner what other legal paperwork do I need before filing for a court date to obtain the deed?




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