Real Estate Rules for Bidders
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Real Estate Instructions to Bidders
Marion County Sheriff’s Sale
Effective May 2018 Sale
Sale begins at 10:00 a.m. to 2 p.m. (Closed from 12:00 p.m. - 1:00 p.m.)  Oral Auction begins at 2:15, in Room 260 of the City-County Building.
 
Prior to placing any bids, all persons bidding must have on deposit the full amount of what he/she is willing to bid up to, by 2:00 p.m. on the sale date.  Funds must be in the form of a cashier’s check or certified funds drawn from an Indiana bank, payable to “Marion County Sheriff”. No cash will be accepted. No letter of credit will be accepted. Bidders are responsible to keep track of those funds in order to not exceed the deposited amount. The consequence for exceeding your amount could be suspension for up to three consecutive Marion County Sheriff’s Sales. Absolutely no written bid or deposits will be accepted after 2:00 pm.
 
All cell phones must be on vibrate or OFF at all times. There is to be no talking during the oral auction or you will be asked to leave the room.
 
All sales are subject to any first and prior liens, taxes and assessments legally levied and assessed thereon, or any other liens not properly set out in the lawsuit.  Prior Liens: Any prospective bidder should obtain their own title evidence before making any bids on any properties in the sale. IF XYZ Roofing or ABC Homeowners Association is the plaintiff, there is an excellent chance there is a mortgage lien superior to the lien of plaintiff.
 
Prior to the date of sale, the party that filed for the sheriff’s sale must pay all delinquent property taxes, special assessments, penalties and interest that are due and owing on the property. Plaintiff is also to pay any amounts of redemption where a certificate of sale is outstanding.
 
If the Marion County Department of Health has ordered property to be mowed, boarded up or assessed a sewer lien, and the amount assessed has not yet appeared on a tax bill, the buyer could be responsible for those assessments.  Another hidden encumbrance could be the amount assessed but not yet billed for the city to put the property on city sewer or to install curbing.
 
The Sheriff’s Office does not have access to properties. There is a good chance the property is occupied. The Buyer is encouraged to do “drive-by” inspection. The Sheriff does not warrant, either expressively or implied, any title, location or legal description.
 
Expect competitive bidding. Prospective bidders are encouraged to attend at least one sale to learn the process.
 
All bids are final. No bid can be withdrawn or amended after being duly received and recorded by Sheriff’s personnel conducting the sale, except by court order.
 
Successful bidders will be allowed to pick up extra checks the day following the sale day after 11:00 a.m. Unsuccessful bidders will be allowed to pick up checks immediately following the sale in room 260.
 
Failure to comply with said rules may result in the suspension of up to three consecutive Sheriff’s Sales.
 
If you have any questions, please contact our Real Estate Team at 
 
Real Estate Recorded Line at (317) 327-2452 for the most current information.