Tax Sale
NOTICE OF REAL PROPERTY TAX SALE
Tax Sale Properties: Pursuant to the laws of the Indiana General Assembly, notice is hereby given that each parcel, tract, or item of real property (“real property”) listed below will be offered for sale, and will be sold to the highest bidder, during the 2024 Monroe County Tax Sale public auction (“tax sale”), by the Monroe County Treasurer, for delinquent taxes and/or special assessments, subject to the right of redemption. The County Auditor and the County Treasurer reserve the right to withhold from sale any real property that has been listed in error or that otherwise becomes ineligible for sale either prior to or during the sale.
Minimum Bid: Each real property listed below will be sold for an amount which will not be less than the sum of the following:
1. The delinquent taxes and special assessments on the real property;
2. The taxes and special assessments on the real property that are due and payable in the year of the sale whether or not they are delinquent;
3. The penalties which are due on the delinquencies;
4. $50.00 for postage and publication costs;
5. $150.00 for interested party notification costs; and,
6. Any unpaid costs remaining from prior tax sales.
Redemption Period: Pursuant to IC 6-1.1-25-4, the period during which real properties may be redeemed (redemption period) is:
One year after the date of the sale (i.e., Thursday, October 3, 2025) for properties sold during the tax sale;
One hundred twenty (120) days after the Monroe County Commissioners acquired a lien on the property under IC 6-1.1-24-6 (i.e., Friday, January 31, 2025 or one hundred twenty (120) days after the Monroe County Commissioners sells its tax sale certificate to the property under IC 6-1.1-24 (date to be determined); and,
One hundred twenty (120) days after the date of sale to a purchasing agency qualified under IC 36-7-17 (Urban Homesteading Agency) or IC 36-7-17.1 (Alternative Urban Homesteading Program) (i.e., Friday, January 31, 2025).
Redemption Amount: If the property sold, a person redeeming the real property after the sale must pay:
One hundred ten percent (110%) of the amount of the minimum bid for which the real property was offered at the time of sale if the property is redeemed not more than six (6) months after the date of sale (i.e., on or before Thursday, April 3, 2025); or,
One hundred fifteen percent 115% of the amount of the minimum bid for which the real property was offered at the time of sale, if redeemed more than six (6) months after the date of sale (i.e., after Thursday, April 3, 2025); and,
The amount by which the purchase price exceeds the minimum bid on the real property plus five percent (5%) interest per annum on the amount by which the purchase price exceeds the amount of the minimum bid; and,
All taxes and special assessments on the real property paid by the purchaser after the tax sale plus five percent (5%) interest per annum on the amount of taxes and special assessments paid by the purchaser on the redeemed property; and,
The following costs, if any, incurred by the purchaser or the purchaser’s assignee ( subject to IC 6-1.1-5-2(e) and Court order): attorney fees and costs of giving notice pursuant to IC 6-1.1-25-4.5; and, costs of a title search or of examining and updating the abstract of title for the real property.
Tax Sale Surplus: If the real property is sold for an amount that exceeds the minimum bid (“surplus”) and the property is not redeemed, the owner of record of the real property who is divested of ownership at the time the tax deed is issued may have a right to the tax sale surplus.
Application for Judgment and Defenses:
The County Auditor and County Treasurer will apply on or after September 18, 2024, for a Court judgment against the real property for an amount (“judgement amount”) that is not less than the minimum bid amount previously described, and for an order to sell the real property at public auction to the highest bidder, subject to the right of redemption. Any defense to the application for judgment must be filed with the Monroe Circuit Court and served to the County Auditor and the County Treasurer before September 18, 2024. The County Auditor and the County Treasurer are entitled to receive all pleadings, motions, petitions, and other filings related to the defense to the application for judgment. The Court will set a date for a hearing at least seven (7) days before the advertised tax sale date and the Court will determine any defenses to the application for judgment at the hearing.
Payment of Judgment Amount Prior to Tax Sale: No property listed below shall be sold if, at any time before the sale, the total judgment amount is paid in full.
Tax Sale Date and Format: The tax sale will be held on October 3, 2024, beginning at 10:00 a.m., and ending at 3:00 p.m., during which time each listed real property remaining eligible for sale will have been offered for sale.
The Monroe County 2024 Tax Sale will be conducted in an on-line public auction format, pursuant to the electronic sale provisions of IC 6-1.1-24-2(b)(10), at the following web site: www.zeusauction.com. Each tract or real property offered for sale will have a specific closing time posted on the auction web site.
Persons interested in participating in the on-line public auction must comply with the registration procedures and auction rules set forth on the county treasurer’s website: www.co.monroe.in.us/treasurer; and, on the auction website: www.zeusauction.com. Participants must become a member of the auction website, and must read, understand, and agree to the rules of sale and to the payment terms. There is no cost associated with becoming a member of the auction website or registering to bid. Once you become a member of the auction website, you must additionally register for the Monroe County auction.
The registration period for the auction begins at 8:00 a.m. on September 3, 2024, and ends on September 27, 2024, at 3:00 p.m. A person must fully complete the registration process during the registration period in order to be approved to bid during the auction. Additionally all bids and bidders must comply with the requirements of IC 6-1.1-24-5.1, 5.3, and 5.4.
Pursuant to IC 6-1.1-24-5(I), during the auction, computer terminals will be made available for use by approved bidders in the Auditor's Office at the Monroe County Courthouse, 100 W. Kirkwood Ave. Room 209, Bloomington, Indiana. Approved bidders desiring to use one of the terminals to place bids must reserve time on the terminal through the Monroe County Treasurers Office. Reservations will be made for twenty minute periods, subject to availability. To reserve time on a terminal, please call Christina Ellis at (812) 349-2523.
No Warranties: MONROE COUNTY DOES NOT WARRANT THE STREET ADDRESSES, COMMON DESCRIPTIONS, LEGAL DESCRIPTIONS OR KEY NUMBERS OF THE REAL PROPERTY SET FOR IN THE FOLLOWING LIST, WHICH IS ONLY PROVIDED FOR INFORMATIONAL PURPOSES.
Witness my hand and seal, this 21st day of August 2024.
BRIANNE GREGORY, Auditor of Monroe County, Indiana.
