Marion County

Sale typeWhat you actually buy. A lien sale gives you a claim on the property and the owner keeps it for now; a deed sale transfers the property itself. A redeemable deed transfers ownership but still gives the former owner time to pay you back. See the full glossary for more terms.

lien

Ind. Code 6-1.1-24-12

Interest / penaltyWhat you earn when the owner redeems. Interest is a rate paid over time; a penalty is usually a one-time percentage of the tax or redemption amount. A rate that is bid down during the auction is still interest. See the full glossary for more terms.

110% of minimum bid if redeemed within 6 months; 115% after 6 months; 5%/yr on overbid and subsequent taxes

Ind. Code 6-1.1-25-2(b)-(d)

RedemptionHow long the former owner has to repay the debt and keep the property after the sale. Your money stays tied up until this window closes, so a long period can mean a multi-year wait on a lien. See the full glossary for more terms.

1 year (120 days for a qualified purchasing agency; none for vacant/abandoned property)

Ind. Code 6-1.1-25-4

Bid methodHow the winner is chosen: bidding the interest rate down, bidding a premium above the amount owed, a random or rotating draw, or simply buying at the minimum bid. See the full glossary for more terms.

highest bidder at public auction (minimum bid = delinquent taxes, assessments, penalties, and costs)

Ind. Code 6-1.1-24-5(e)

Sale timingWhen sales are typically held. Many counties publish sale lists only a few weeks ahead, and some sell continuously or on their own schedule. See the full glossary for more terms.

varies by county

Ind. Code 6-1.1-24-5(b)

Auction platforms

• GovEase · auction site
• GovEase · auction site
• GovEase · auction site

Parcels in this county

No parcels listed yet.

1. 1.Watch the county auditor's notice of tax sale; the sale must be held at the times and place stated in the notice (6-1.1-24-2, 6-1.1-24-5(b))
2. 2.If you are a business entity, register to bid by giving the county treasurer a certificate of good standing or proof of registration from the secretary of state (6-1.1-24-5.1(c))
3. 3.Sign the county treasurer's statement affirming that you do not owe delinquent taxes, special assessments, penalties, interest, or costs from a prior tax sale, and that you are not bidding for a prohibited person (6-1.1-24-5.7(a))
4. 4.Pay the paddle fee if the county fiscal body has adopted one by ordinance: up to $25 for a single sale and one property, or $100 to bid at all of that county's tax sales in the calendar year (6-1.1-24-16)
5. 5.Bid at the public auction; the county treasurer sells the tract to the highest bidder, subject to the right of redemption, for not less than the minimum sale price (6-1.1-24-5(e))
6. 6.If the county treasurer has elected an electronic sale, bid through the electronic sale and follow the participation procedures in the notice (6-1.1-24-5(i))
7. 7.Immediately pay the amount of the bid to the county treasurer (6-1.1-24-7(a))
8. 8.Receive the certificate of sale from the county auditor, signed and registered in the auditor's office (6-1.1-24-9(a))
9. 9.If you fail to pay the bid, the real property is again offered for sale and you owe a civil penalty of 25 percent of the amount of the bid (6-1.1-24-8)