Friday, September 4, 2015

CASS TAX SALE IS SEPT 9

Cass County will conduct a tax sale on Wednesday, Sept. 9, 2015 for properties that have delinquent taxes and special assessments due from the prior year’s spring installment.

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. Cass County will offer the tax sale certificates at a public sale that is not less than the total amount due in delinquent taxes, costs and penalties.

County auditor Vaneen Ide says the sale will collect back taxes to help fund local government services. According to County Treasurer Kathy Adair, there are 195 properties available, totaling almost ¾ of a million dollars in delinquencies.

“The purpose of this tax sale is to offer these delinquent properties in order to collect

In addition to serving as a source for local governments to collect unpaid property taxes, tax sales also serve as an opportunity for real estate investors to earn interest income upon redemption of the property within one year from the sale, or to take title to the property through a post-tax sale process that involves petitioning the local court for a tax deed.

Cass County has contracted with SRI, Inc, an Indianapolis-based company founded in 1989 that conducts tax sales, commissioners’ certificate sales and commissioners’ deed sales for over 80 counties in Indiana, Michigan and Colorado.

Those interested in registering or bidding at the Cass County Tax Sale should visit the SRI, Inc. website at www.sri-taxsale.com and read the information regarding tax sales.