§ 6-1.1-24-6.1 — Public sale by county executive of certificates of sale; notice

Indiana § 6-1.1-24-6.1

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 24: Sale of Real Property When Taxes or Special

Text

1. (a) The county executive may do the
following:
(1) By resolution, identify properties concerning which the county
executive desires to offer to the public the certificates of sale
acquired by the county executive under section 6 of this chapter.
(2) Except as otherwise provided in subsection (c), in conformity
with IC 5-3-1-4, publish:
(A) notice of the date, time, and place for a public sale; and
(B) a listing of parcels on which certificates will be offered by
parcel number and minimum bid amount;
once each week for three (3) consecutive weeks, with the final
advertisement being not less than thirty (30) days before the sale
date. The expenses of the publication shall be paid out of the
county general fund.
(3) Sell each certificate of sale covered by the resolution for a price
that:
(A) is less than the minimum sale price prescribed by section 5
of this chapter; and
(B) includes any costs to the county directly attributable to the
sale of the certificate of sale.
(b) Except as otherwise provided in subsection (c), notice of the list
of properties prepared under subsection (a) and the date, time, and
place for the public sale of the certificates of sale shall be published in
accordance with IC 5-3-1. The notice must:
(1) include a description of the property by parcel number and
common address;
(2) specify that the county executive will accept bids for the
certificates of sale for the price referred to in subsection (a)(3);
(3) specify the minimum bid for each parcel;
(4) include a statement that a person redeeming each tract or item
of real property after the sale of the certificate must pay:
(A) the amount of the minimum bid under section 5 of this
chapter for which the tract or item of real property was last
offered for sale;
(B) ten percent (10%) of the amount for which the certificate is
sold;
(C) the attorney's fees and costs of giving notice under IC 6-1.1-25-4.5;
(D) the costs of a title search or of examining and updating the
abstract of title for the tract or item of real property;
(E) all taxes and special assessments on the tract or item of real
property paid by the purchaser after the sale of the certificate
plus interest at the rate of ten percent (10%) per annum on the
amount of taxes and special assessments paid by the purchaser
on the redeemed property;
(F) all costs of sale, advertising costs, and other expenses of the
county directly attributable to the sale of certificates of sale; and
(G) all taxes or special assessments, or both, paid by the county
treasurer under section 7(b) of this chapter; and
(5) include a statement that, if the certificate is sold for an amount
more than the minimum bid under section 5 of this chapter for
which the tract or item of real property was last offered for sale and
the property is not redeemed, the owner of record of the tract or
item of real property who is divested of ownership at the time the
tax deed is issued may have a right to the tax sale surplus.
(c) For properties identified under subsection (a) for which the
certificates of sale are not sold when initially offered for sale under this
section, the county executive may omit from the notice the descriptions
of the tracts or items of real property under subsection (b)(1) and the
associated minimum bids under subsection (b)(3) if:
(1) the county executive includes in the notice a statement that
descriptions of those tracts or items of real property are available
on the Internet web site of the county government or the county
government's contractor and the information may be obtained in an
alternative form from the county executive upon request; and
(2) the descriptions of those tracts or items of real property for
which a certificate of sale is eligible for sale under this section are
made available on the Internet web site of the county government
or the county government's contractor and may be obtained from
the county executive in an alternative form upon request in
accordance with section 3.4 of this chapter.

Legislative History

As added by P.L.170-2003, SEC.3. Amended by P.L.169-2006, SEC.24; P.L.89-2007, SEC.6; P.L.73-2010, SEC.2; P.L.56-2012, SEC.6; P.L.203-2013, SEC.8; P.L.251-2015, SEC.10; P.L.187-2016, SEC.4; P.L.171-2018, SEC.6; P.L.66-2021, SEC.5.