The first chance to bid. The starting bid is the total of delinquent taxes, penalties, and costs.
: A secondary sale for properties that did not sell at the Treasurer’s auction. These often feature lower minimum bids and a significantly shorter redemption period. Burke Costanza & Carberry LLP Key Financial Terms & Returns Investors are primarily purchasing tax sale certificates (liens), not immediate ownership. Burke Costanza & Carberry LLP Minimum Bid indiana tax sales top
There are three distinct tiers of tax sales in Indiana, each with its own redemption rules and minimum bid requirements: The first chance to bid
When you participate in an Indiana tax sale, you are technically bidding on a , which represents a lien against the property rather than immediate ownership. These often feature lower minimum bids and a
First, obtain the official tax sale list from the county auditor or specialized auction websites (such as SRI Incorporated or Zeus Auction) several weeks before the event. Use geographic information systems (GIS) mapping tools to visually inspect the properties from the outside. Filter out unusable land, strip strips of terrain, and heavily damaged structures. Finally, always establish a strict maximum bidding threshold for each parcel to avoid getting carried away in the heat of a live or online auction.
Indiana is one of the few states that offers a hybrid system, making it attractive for two distinct types of investors: those looking for interest income and those looking to acquire property.