Delinquent Property Tax Sale Nets $692,229 To County Coffers

Jackson County Officials held a delinquent property tax sale on Thursday, October 11, which resulted in the collection of $692,228.65 from owners and buyers. A total of 178 parcels had all taxes, penalties, and costs paid in full.

A property tax sale is required to be held in each Indiana county for those properties where an owner of real estate fails to pay the property taxes from the prior year’s first property tax bill installment.  A tax lien on the property may be sold to satisfy the tax obligation to the highest bidder. The owners of the properties sold at the tax sale have one year to pay the delinquent property taxes, costs and penalties to keep the property.

The sale, conducted by Indianapolis-based SRI Incorporated on behalf of Jackson County, offered 35 parcels to 30 bidders.

County Treasurer Kathy Hohenstreiter said, “Tax sales are a necessary function of county government.  It is only fair to the people who pay their property taxes every year to pursue those that do not pay.”

For the seven properties that did not sell, the county commissioners acquire a tax lien.  The county may then offer those properties to the public at a sale at a later date.