INFORMATION FOR LIEN BUYERS
IN THE EVENT THE PROPERTY IS REDEEMED
Property sold in the Commissioners’ Certificate Sale may be red
eemed at any time within one hundred twenty (120)
days after the date of the Commissioners’ Certificate Sale.
When property is redeemed in connection with the
Commissioners’ Certificate Sale, the County Auditor will notify the lien buyer and the tax sale certificate must be
surrendered to the Auditor's office as soon as possible. When
a lien buyer surrenders a tax sale certificate upon
redemption, the lien buyer will receive a refund equal to the p
urchase price, plus ten perc
ent (10%) interest thereon,
plus all prior and properly filed 137 B costs, which may includ
e attorneys’ fees and costs of giving notice under IC 6-
1.1-25-4.5, the cost of a title
search and all taxes and specia
l assessments paid by the lien buyer on the redeemed
property after the sale (plus interest at the rate of ten perce
nt (10%) per annum on the subsequent taxes and special
assessments paid by the lien buyer).
IN THE EVENT THE PROPERTY IS NOT REDEEMED
If the property for which a lien buyer purchased a tax sale cer
tificate at the Commissioners’ Certificate Sale is not
redeemed during redemption period, the lien buyer must comply with additional statutory requirements in order to
obtain a tax deed. These requirements are codified, generally,
at IC 6-1.1-25-4.6.
After the expiration of the redemption period but not later than three (3) months after the
expiration of the period of redemption,the lien buyer
or its assignee may file a verified petition with the court having jurisdiction over the tax sale for an order directing the
County Auditor to issue a tax deed to the lien buyer.
In addition to the filing of the petition, lien buyers are required to
send notice of the petition as provided in IC 6-1.1-25-4.6. Lien buyers are strongly encouraged to hire an attorney to
assist them with the legal steps required to obtain a tax deed.
The Court having jurisdiction over the tax sale will direct the
County Auditor to issue a tax deed to a lien buyer if the
court finds that the following conditions exist:
The time of redemption has expired;
The tract or real property has not been redeemed from the sale
before the expiration of the period of redemption;
Except with respect to a petition for the issuance of a tax deed under a sale of the certificate of sale on the
property under IC 6-1.1-24-6.1, all taxes and special assessments, penalties, and costs have been paid;
The notices required by IC 6-1.1-25-4.5 and IC 6-1.1-25-4.6 have been given; and
The petitioner has complied with
all the provisions of law entitling the petitioner to a deed.
Lien buyers who receive a court order directing the County Audi
tor to issue a tax deed should transmit the court order
and the tax sale certificate to the County Auditor. Within a reasonable time period following receipt of the court order
and tax sale certificate, the County Auditor will issue a tax deed to the lien buyer.