Indiana Tax Sales Top ^new^ -
Redemption is the property owner's right to reclaim their property by paying off the debt. For investors, this is often where the profit is made through high interest rates. Burke Costanza & Carberry LLP Redemption Timing Interest on Minimum Bid Interest on "Surplus" (Overbid) 0–6 Months 10% of the minimum bid 5% per annum 6–12 Months 15% of the minimum bid 5% per annum
Sarah T., Muncie, Indiana Property: 3-bedroom ranch, Delaware County Market Value: $145,000 Tax Sale Opening Bid: $6,200 (2 years unpaid taxes + fees) Competition: Low (property had a cluttered yard and broken window) indiana tax sales top
Even the highest bidder loses sometimes. Avoid these errors: Redemption is the property owner's right to reclaim
After you purchase a certificate, the original owner has a statutory right to redeem the property. They pay you: Avoid these errors: After you purchase a certificate,