Buyers
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Buyers

Bidder Registration

Registration starts August 2, 2017
  
See the Bidder Registration page

 

Marion County Treasurer’s Web page will have the most current list of properties available for sale. The list will be updated daily beginning on, or shortly after August 2, 2017.The list can be downloaded in pdf format.

 

Beginning in 2015, all business entities must provide a certificate of good standing or proof of registration from the Indiana Secretary of State to the County Treasurer, failure to do so will forfeit all sales of property in this Tax Sale (see I.C. 6-1.1-24-5.1 and I.C. 6-1.1-24-5.4).
 Every Tax Sale buyer will be required to have a bidder number in order to bid on a parcel in the public auction. Account bidders will be assigned a bidder paddle with a bidder number in the range of 100-­700. To obtain a bidder number the bidder must pre-register and complete the registration form with a minimum deposit of $1,000.00. The form requests name and address (as they are to appear on the Tax Sale Certificate and the W-9), phone number, and Social Security Number (or Federal I.D. number).  Pursuant to I.C. 6-1.1-24-5.3 the buyer must attest to information required on this form. They must establish their account with qualified funds that may be deposited with the Treasurer in Room 1022 of the City‑County Building.
Payment must be made by CashCertified CheckCashier’s Check, or Money Order Only. These checks are to be made payable to the Marion County Treasurer.  NO PERSONAL CHECKS, OR BUSINESS CHECKS WILL BE ACCEPTED. (The Treasurer will not accept more than $10,000.00 in cash from any one bidder.) Successful bidders are not allowed time to “go to the bank” to secure funds to pay for their purchase(s).
Tax Sale purchases will be charged to the bidder's account by presenting the bidder number at the conclusion of each successful bid. If a bidder’s account balance with the Treasurer becomes too low to make subsequent purchases, the bidder will be required to deposit additional acceptable funds before making more purchases.
 No one should bid in this Tax Sale who does not have the correct form of payment at the time of becoming a successful bidder. If the highest bidder fails to immediately pay the bid price with acceptable funds, they must pay a penalty of 25% of the amount of the bid, subject to prosecution – I.C. 6-1.1-24-8.
The minimum bid that will be accepted on any property must be equal to all taxes, penalties, and special assessments presently due on the parcel plus administrative cost.  By written agreement with the Marion County Treasurer, the Marion County Auditor will perform the duties of notification and title search under I.C. 6-1.1-25.-4.5, and notification and petition to the court for a tax deed under I.C. 6-1.1-25-4.6. The administrative cost is to enable the Marion County Auditor to secure such a service so that all interested parties of public record may be notified by the Auditor of the impending issuance of a Tax Deed to a different owner. The search remains the property of the County Auditor.
 After a minimum bid has been received for a particular item number the bidding will proceed in increments deemed appropriate by the auctioneer based on the number of bidders.
All sales are final! There will be no refunds or exchanges. Prospective buyers are urged to research available properties thoroughly to aid in identifying the exact piece of property identified by the parcel number. Research may include, but not necessarily limited to, a review of: liens recorded with the Marion County Recorder; plat maps in the appropriate Township Assessor's office; orders by the Department of Business and Neighborhood Services concerning demolition orders and unsafe buildings and weed cutting charges; sewer charges, solid waste fees that have not been certified to the Treasurer by the Department of Public Works or other Cities and Towns; and Health & Hospital charges that have not been certified to the Treasurer.
The IRS may claim redemption rights in properties sold which are subject to Federal tax liens pursuant to a right of redemption established under 26 U.S.C. §7425 which is different than that provided under Indiana Statute. Certain parcels owned by the same person may be sold, and must be redeemed, together with one or more other parcels’.
If a successful bidder buys a “pig in a poke”, the buyer will get just that.
The Treasurer will refund any excess of deposits over purchases when the bidder advises the Treasurer that no more purchases are planned. Such refund will be made by County check within several days of the request to close the account.
Tax Sale buyers run a risk of trespassing if they make a purchase and attempt to enter the premises or exercise any ownership rights during the redemption period which is prior to the time a Tax Deed is issued in the buyer’s name. However, pursuant to the Good Samaritan Law, Tax Sale Purchasers have certain rights and abilities of maintaining the exterior of a property that they do not yet own. If the property is vacant or abandoned the Tax Sale Purchaser, at their own risk and expense, may secure the property, remove trash and debris, mow the grass, and remove paint or graffiti. Properties that are not maintained may incur nuisance liens up to, and including, boarding, repair, demolition, high weeds and grass, and trash orders.  For more information regarding the Good Samaritan Law or to further learn about your rights, please visit I.C. 34-30-26 or call 317-327-4600.
At the conclusion of each parcel sale, the Treasurer will issue a receipt for the amount paid. (Receipts for bidders will be held by the Treasurer until the bidder closes out his/her account with the Treasurer.) After 4-6 weeks from the date of sale, the buyer may present the Tax Sale receipt to the Marion County Auditor, Room 841 of the City-County Building, in order to receive a Tax Certificate evidencing the buyer's lien against the property.
For “B” Items sold a bidder is purchasing the deed. There is no redemption period on “B” Items; the Tax Deed will be issued by the County Auditor.
If “C” Items are deemed Not Suitable for Sale they will not be offered for sale; if they are deemed Suitable for Sale they will be offered for sale. If parcels are sold the redemption period is one year following the date of sale. If parcels are not offered for sale the redemption period is 120 days from October 6, 2017.
For “A” items, a Tax Sale Certificate may be surrendered to the Marion County Auditor for a Tax Deed if the property is not redeemed within one year.  After the one-year redemption period has expired and the property is not redeemed, the Tax Sale buyer has three months to surrender the Tax Sale Certificate for a Tax Deed. 
A Tax Sale buyer may pay any taxes, penalties, and/or special assessments which become due on the lien sale parcel subsequent to the Tax Sale but before the redemption period expires. Such payments can be made by requesting a bill in person from the Marion County Treasurer. It is the Tax Sale Buyer’s responsibility to record any such payment in the Auditor’s office if the buyer expects to be reimbursed when the property is redeemed.
If a parcel is redeemed, the buyer will be reimbursed for recorded payments they made on subsequent taxes, penalties, and/or special assessments plus interest at the rate of 5% per annum.  If the parcel is not redeemed and the Tax Sale buyer surrenders the Tax Certificate to receive a Tax Deed, all delinquent taxes, penalties, and/or special assessments which became due after the Tax Sale must be paid before the Auditor will petition the court to issue a Tax Deed to the Tax Sale buyer.
All buyers who are to receive payments as a result of redeemed property, must complete and file a W-9 with the County Auditor.  The information is required because the County Auditor must issue and report, on Form 1099 – INT, the amount of interest and redemption fee received.