Indiana § 6-1.1-25-10 Invalid sale; effect

Indiana Statutes

§ 6-1.1-25-10 — Invalid sale; effect

Indiana·Art. 1.1 PROPERTY TAXES·Ch. 25 Redemption of and Tax Deeds for Real Property Sold

(a)If, before the court issues an order directing the county auditor to issue a tax deed to a tract or item of real property sold under IC 6-1.1-24, it is found by the county auditor and the county treasurer that the sale was invalid, the county auditor shall refund:

(1)the purchase money and all taxes and special assessments on the property paid by the purchaser, the purchaser's assigns, or the purchaser of the certificate of sale under IC 6-1.1-24 after the tax sale plus five percent (5%) interest per annum; and

(2)the costs described in section 2(e) of this chapter, subject to section 2.5 of this chapter; from the county treasury to the purchaser, the purchaser's successors or assigns, or the purchaser of the certificate of sale under IC 6-1.1-24. The tract or item of real property,

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(a) If, before the court issues an order
directing the county auditor to issue a tax deed to a tract or item of real
property sold under IC 6-1.1-24, it is found by the county auditor and
the county treasurer that the sale was invalid, the county auditor shall
refund:
(1) the purchase money and all taxes and special assessments on
the property paid by the purchaser, the purchaser's assigns, or the
purchaser of the certificate of sale under IC 6-1.1-24 after the tax
sale plus five percent (5%) interest per annum; and
(2) the costs described in section 2(e) of this chapter, subject to
section 2.5 of this chapter;
from the county treasury to the purchaser, the purchaser's successors or
assigns, or the purchaser of the certificate of sale under IC 6-1.1-24.
The tract or item of real property, if it is then eligible for sale under IC 6-1.1-24, shall be placed on the delinquent list as an initial offering
under IC 6-1.1-24-6.
(b) A political subdivision shall reimburse the county for interest
paid by the county under subsection (a) if:
(1) the invalidity of the sale under IC 6-1.1-24 resulted from the
failure of the political subdivision to give adequate notice of a lien
to property owners; and
(2) the existence of the lien resulted in the sale of the property
under IC 6-1.1-24.
[Pre-1975 Property Tax Recodification Citation:
6-1-57-9.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by
P.L.50-1990, SEC.13; P.L.39-1994, SEC.22; P.L.139-2001, SEC.21;
P.L.170-2003, SEC.15; P.L.66-2014, SEC.16; P.L.251-2015,
SEC.26.