GOSHEN — Landowners who are behind on their taxes have until noon on Tuesday, Oct. 1, to keep their properties from being sold in Elkhart County’s fall tax sale.
As of Wednesday, Sept. 25, there were 887 properties with back taxes and penalties totaling more than $3.4 million going up for auction as part of the sale scheduled for Wednesday, Oct. 2, according to county treasurer Jackie Meyers. In Indiana, the county treasurer and auditor are required to sell tax liens on delinquent properties that remain unpaid from the prior year’s spring installment.
“The purpose of this tax sale is to offer these delinquent properties in order to collect back taxes to help fund local government services,” county auditor Pauline Graff said.
Tax sales also serve as an opportunity for real estate investors to earn interest income upon redemption of the land within one year of the sale. Investors are also able to secure the title to properties through a post-tax sale process that involves petitioning the local court for a tax deed.
The county has hired SRI Inc. for the upcoming tax sale. The Indianapolis-based company conducts tax sales, commissioners’ certificate sales and commissioners’ deed sales for more than 80 counties in Indiana, Michigan and Colorado.
For more details and a list of properties for sale, visit sri-taxsale.com. The tax sale will be at 10:30 a.m. Wednesday, Oct. 2, in room 104 at the Elkhart County Administration Building, 117 Second St. in Goshen.