§ 32-29-7-8.5 — Requirements for payment of property taxes and related costs before sheriff's sale

Indiana § 32-29-7-8.5

• Jurisdiction: Indiana
• Title 32: PROPERTY
• Art. 29: MORTGAGES
• Ch. 7: Foreclosure ─ Redemption, Sale, Right to Retain

Text

5. (a) Before the date of a sheriff's sale of
property under section 3(c) of this chapter, the party that filed the
praecipe for the sheriff's sale shall pay the following:
(1) If a certificate of sale issued under IC 6-1.1-24 is outstanding:
(A) the amount necessary for redemption of the property under
IC 6-1.1-25; and
(B) all delinquent property taxes, special assessments,
penalties, and interest that:
(i) are not covered by the redemption referred to in clause
(A); and
(ii) are due and owing on the property on the date of the
sheriff's sale.
(2) If subdivision (1) does not apply, all delinquent property taxes,
sewer liens described in IC 36-9-23-32, special assessments,
penalties, and interest that are due and owing on the property on
the date of the sheriff's sale.
(b) If the payments required under subsection (a) are not made in
full by the date of the sale, the sheriff:
(1) shall cancel the sheriff's sale; and
(2) may conduct the sheriff's sale only:
(A) upon evidence that the payments required under subsection
(a) have been made in full; and
(B) after a subsequent praecipe is filed, costs are paid, and the
sheriff's sale is advertised under this chapter.

Legislative History

As added by P.L.73-2010, SEC.8. Amended by P.L.144-2013, SEC.1.