IN

Registry entries (prose)

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)

Source

https://iga.in.gov/ic/2026/Title_6/Article_1.1/Chapter_24.pdf

Certificate of sale/lien; tax deed issued after redemption period.

Counties (92)