The cycle begins when a property owner fails to pay their spring installment of property taxes. If the delinquency persists, the county puts the property up for auction.
The tax sale process in Indiana typically involves the following steps: indiana tax sales
| Event | Timeline / Amount | |--------|------------------| | Delinquency trigger | ~ 1 year unpaid | | Tax sale | Annually (usually fall) | | Redemption (owner-occupied) | 1 year | | Redemption (commercial) | 120 days | | Max interest rate bid | 15% (owner-occupied) / 10% (others) | | County sale fee | $150–250 | The cycle begins when a property owner fails
Interest earned during redemption (to investor): If the taxes remain unpaid, the county may
Tax sales occur when a homeowner fails to pay their property taxes, resulting in a tax lien being placed on the property. If the taxes remain unpaid, the county may sell the property at a tax sale to recoup the owed taxes.
There are two types of tax sales in Indiana: