Annual tax sale leaves 107 parcels
Clay County officials had their annual delinquent tax sale Monday.
The sale, conducted by Clay County Auditor Mary Jo Alumbaugh and Treasurer Debra James and representatives from SRI Incorporated, Indianapolis, offered up 161 parcels to 45 bidders.
SRI conducts tax sales in 83 counties in Indiana, Michigan and Colorado.
According to officials, a property tax sale is required to take place in each state county for properties where an owner of real estate has failed to pay property taxes from the prior year's first property tax bill installment. A tax lien on the property may be sold to satisfy the tax obligation to the highest bidder.
The owners of the properties sold at the tax sale have one year to pay the delinquent property taxes, costs and penalties to keep the property.
According to officials, this year's sale resulted in the collection of $151,828.70 from owners and buyers. A total of 155 parcels had all taxes, penalties and costs paid in full.
"Tax sales are a necessary function of county government," James stated. "It is only fair to the people who pay their property taxes every year to pursue those that do not pay."
At the end of the sale Monday, a total of 107 parcels remained. Those have been turned over to the Clay County Commissioners. The commissioners, in turn, may acquire a tax lien and then may offer those properties to the public at a sale for a later date.
"It is our ultimate goal to return these properties to the tax rolls as quickly and efficiently as possible," Alumbaugh said. "Property owned by people that pay their property taxes ensures our local government services are fully funded."
For more information regarding property tax sales, log on to www.sri.taxsale.com.