Indiana Statutes

§ 36-7-17-12 — Property not applied for in successive drawings; sale; disposition of proceeds

Indiana § 36-7-17-12
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 7PLANNING AND DEVELOPMENT
Ch. 17Urban Homesteading

This text of Indiana § 36-7-17-12 (Property not applied for in successive drawings; sale; disposition of proceeds) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 36-7-17-12 (2026).

Text

(a)A property for which no one applies in two (2) successive drawings held under this chapter may be sold at public auction to the highest bidder.
(b)The proceeds of the sale of real property acquired under IC 6-1.1-25-7.5 shall be applied to the cost of the sale, including advertising and appraisal.
(c)If any proceeds remain after payment of the costs under subsection (b), the proceeds shall be applied to the payment of taxes removed from the tax duplicate under IC 6-1.1-25-7.5(e).
(d)If any proceeds remain after payment of the taxes under subsection (c), the proceeds shall be deposited in the county general fund. [Pre-Local Government Recodification Citation: 18-7-21-11.] As added by Acts 1981, P.L.309, SEC.36. Amended by P.L.87-1987, SEC.12; P.L.169-2006, SEC.77.

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Indiana § 36-7-17-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-7-17-12.