After you purchase a certificate, the original owner has a statutory right to redeem the property. They pay you:
Example: You paid $10,000 for a certificate in July. The owner redeems in December (5 months). They owe you $10,000 + ($10,000 * 0.15 * 5/12) = $10,625. That is a 6.25% return in five months. indiana tax sales top
If the owner does not redeem, you initiate a tax deed petition in the local circuit court. This process costs $1,000–$2,500 in legal fees. Once the court issues the deed, you own the property free and clear of most prior liens (excluding federal taxes and some special assessments). After you purchase a certificate, the original owner
To navigate Indiana tax sales successfully, you must do your homework. Here are the top rules to follow: Example: You paid $10,000 for a certificate in July
1. Don’t Skip Title Search Just because you buy a tax
No. However, in 2023-2024, Indiana courts have increased scrutiny on "unconstitutional takings" if counties fail to properly notify owners. This means more redemptions and longer timelines, but the opportunities remain strong.
These properties have a shorter redemption period (4 months). Furthermore, individual homeowners rarely redeem commercial properties because banks rarely bail out a failing business. Institutional investors often ignore these because the bid numbers look scary. If you have deeper pockets, this is where you win.
After you purchase a certificate, the original owner has a statutory right to redeem the property. They pay you:
Example: You paid $10,000 for a certificate in July. The owner redeems in December (5 months). They owe you $10,000 + ($10,000 * 0.15 * 5/12) = $10,625. That is a 6.25% return in five months.
If the owner does not redeem, you initiate a tax deed petition in the local circuit court. This process costs $1,000–$2,500 in legal fees. Once the court issues the deed, you own the property free and clear of most prior liens (excluding federal taxes and some special assessments).
To navigate Indiana tax sales successfully, you must do your homework. Here are the top rules to follow:
1. Don’t Skip Title Search Just because you buy a tax
No. However, in 2023-2024, Indiana courts have increased scrutiny on "unconstitutional takings" if counties fail to properly notify owners. This means more redemptions and longer timelines, but the opportunities remain strong.
These properties have a shorter redemption period (4 months). Furthermore, individual homeowners rarely redeem commercial properties because banks rarely bail out a failing business. Institutional investors often ignore these because the bid numbers look scary. If you have deeper pockets, this is where you win.
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