IN

Bidder process

1. 01Watch 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. 02If 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. 03Sign 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. 04Pay 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. 05Bid 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. 06If 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. 07Immediately pay the amount of the bid to the county treasurer (6-1.1-24-7(a))
8. 08Receive the certificate of sale from the county auditor, signed and registered in the auditor's office (6-1.1-24-9(a))
9. 09If 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)

Registration

Yes

Registration mode

Not documented

Registration deadline

Not documented

Registration fee

Not documented

Deposit required

Not documented

Deposit amount

Not documented

Deposit percent

Not documented

Deposit refundable

Not documented

Sale format

hybrid

Payment deadline

immediately - the purchaser at the sale shall immediately pay the amount of the bid to the county treasurer (6-1.1-24-7(a))

Payment methods

unknown

Residency required

Not documented

• Signed statement (affidavit) required of each person who will be bidding at the tax sale, affirming that the person does not owe delinquent taxes, special assessments, penalties, interest, costs from a prior tax sale, adjudicated amounts owed to a political subdivision, or building code or county ordinance civil penalties, and that the person is not buying for a prohibited person (6-1.1-24-5.7(a))
• A business entity that seeks to register to bid must give the county treasurer a certificate of good standing or proof of registration from the secretary of state (6-1.1-24-5.1(c))
• A person who owes delinquent taxes, special assessments, penalties, interest, or costs directly attributable to a prior tax sale on a listed tract may not bid on or purchase that tract (6-1.1-24-5.3(a)(5), (b))
• A business association that has not registered with the secretary of state, or is not in good standing in Indiana, and its agent may not purchase (6-1.1-24-5.1)
• A foreign business association not registered with, or not in good standing with, the secretary of state may not purchase (6-1.1-24-5.4)
• A person who has an enforcement order against an unsafe building or premises, a personal property tax delinquency or judgment, or who owns a parcel offered at two or more sales with no bid may not bid (6-1.1-24-5.3(a))
• A successful bid by an ineligible person is subject to forfeiture within 45 days of the sale (6-1.1-24-5.7(b))