Tax Sales Information

The Hancock County Tax Sale will be held at 10:00am on Tuesday October 18, 2005. The sale will be held in the Commissioners Courtroom at the Courthouse Annex Building at 111 American Legion Place, Greenfield IN.

The following tax sale information can be found in TAX SALE LAW IC 6-1.1-24 and REDEMPTION LAW IC 6-1.1-25. All tracts of real property will be sold at public auction to the highest bidder, subject to right of redemption.

The tracts of real property will not be sold for an amount which is less than the sum of:

1. delinquent taxes & special assessments
2. current taxes & special assessments whether or not they are delinquent
3. all penalties due on the delinquency
4. $25.00 for postage & publication, and any other costs incurred by the County for this sale or from the tax sale.

The amount required to redeem a property sold at the tax sale will be as follows:

1. 110% of the minimum bid for the first six months after the date of the sale
2. 115% of minimum bid after the first six months from the date of sale,
3. 10% per annum on the amount which exceeds minimum bid
4. all taxes & special assessments paid by the purchaser at the tax sale plus 10% interest per annum of these amounts.

In addition, the total amount required for redemption includes the following costs incurred by the purchaser or the purchaser’s assignee:

1. cost of giving notice
2. filing fees paid in the filing of a petition for tax sale deed
3. costs of examining and updating the abstract of title for the tract of real property.

The County Auditor and the County Treasurer will apply on September 26, 2005 for a court judgment against the tracts of real property for an amount that is not less than the amount set under IC 6-1.1-24-2(3), whereas an order will be issued to sell the tract of real property at public auction to the highest bidder, subject to the right of redemption. The period of redemption will expire one year from the date of the tax sale. Any defense to the application for judgment must be filed with the court before September 27, 2005. The judge will set a date for a hearing at least 7 days before the advertised date of sale and will determine any defenses to the application for judgment at the hearing. There is a possibility of a claim of redemption rights by the IRS. For additional information call the IRS at 317-226-6707. All addresses are approximate location of real estate for sale.

It is the responsibility of the purchaser to follow Indiana tax sale & redemption law which can be find in Indiana Code 6-1.1-24 and IC 6-1.1-25.

Payments must be cash, money orders or certified checks: NO PERSONAL CHECKS ACCEPTED. Payments must be received on October 18, 2005 by the end of the business day.

2005 Tax Sale Schedule

7/1/2005	On or before July 1, the Treasurer certifies a list of tax sale properties to the Auditor. Treasurer sends courtesy letters to owners.
8/23/2005 - 8:00a.m.	Meet with Judge and Agree on schedule. Mail notice of tax sale to owners last known address. Law of tax sale to owners last known address. Law requires mailing to be done at least 21 days before application.
8/31/2005 Run 9-1, 9-8,9-15	Send advertising to New Palestine Press and Daily Reporter. Advertising to appear each week for three weeks starting at least 21 days before application for judgement.
9/1/2005	Post in Court House
9/1/2005	Mail Notices to Mortgagees who annually request. Must be not more than 14 days after certification.
9/26/2005	Application by Treasurer and Auditor for judgement. Must be at least 10 days before tax sale date.
9/26/2005	Judge must examine the list of tracts & real property no later than 15 days before the date of the tax sale.
9/27/2005	Notice of Court Hearing. Mail notice certified mail
10/6/2005	Hearings date with judge at least 7 days before tax sale and before final judgement date.
10/11/2005	Final judgement is due five days or more before tax sale date.
10/18/2005	Tax Sale Day. Time set for Tuesday at 10 am.
10/18/2005	List properties on tax sale record book all properties sold at tax sale.
10/18/2005	Redemption period of one year completed. Upon order of judge, a tax sale deed may be issued.