Lake County IN Property Tax Sale Information

The tax lien auction for Lake County was conducted on 09/06/2024. The auction was held online at www.zeusauction.com.

Bidder Registration

You are able to obtain a bidder number by registering at www.zeusauction.com. There is a pre-auction deposit fee of $100.

The registration requires different forms depending on whether you are bidding as an individual or a company. Note: it is very important that you read the registration instructions on zeusauction.com. If the required information is not submitted, the county tax sale department will reject your application and you will not have a chance to correct it.

Lien Buyer Information If The Property Is Redeemed

Sold properties may be redeemed at any time within one year after the date of the sale. If a property is redeemed, the tax sale lien buyer receives:

1. 10% of the minimum bid if redeemed not more than 6 months after the date of sale, plus the minimum bid itself; or, 15% of the minimum bid if redeemed more than 6 months but not more than one year after the date of sale, plus the minimum bid itself.
2. A 5% per annum interest from the date of payment to the date of redemption-on the difference between the successful bid price and the minimum bid (referred to as tax sale overbid), plus the overbid itself.
3. A 5% per annum interest from the date of payment to the date of redemption on any taxes and special assessments paid by the Tax Sale buyer subsequent to the sale, plus the actual payments made

Lien Buyer Information If The Property Is NOT Redeemed

After the expiration of the redemption period (one year) but not later than three 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 to the same parties.

Tax Lien Legal Counsel

Bidders are strongly encouraged to exercise due diligence in researching properties and obtaining the advice of legal counsel prior to purchasing tax liens in a county tax sale. Click here to get legal counsel for purchasing tax liens in Lake county.

Disclaimer

The information on this website could be outdated or inaccurate. Visit the county's website for accurate information about the Lake County tax lien auction.