If you are new to Indiana tax sales, do not sink your life savings into one lien. Start with a few lower-priced liens in counties with clear online records. Learn the redemption process and the deed application process before scaling up.
The minimum bid is the total amount of delinquent taxes, special assessments, penalties, and sale costs. Indiana allows overbidding—bidding above the minimum. Any excess amount goes to the county auditor to be held for the original owner, other lienholders, or as surplus. Overbidding can make a deal less profitable, so experienced investors rarely bid far above minimum. indiana tax sales top
Not all tax sales happen at a live auction. After the annual sale, any unsold certificates become available "over the counter." These are often the hidden gem Indiana tax sales top investors don't talk about. You can buy these certificates for the opening bid (usually just the back taxes) with no competition. If you are new to Indiana tax sales,
Many investors think they can fix up a property during the redemption period. Do not do this. Until you hold the tax deed, the original owner still has an interest. If they redeem after you installed a new roof, you cannot remove it, and you are not reimbursed for improvements. The minimum bid is the total amount of