St. Joseph County 2008 Property Tax Sale

News Release                             

County Tax Sale Collections over $7.9 Million

St. Joseph County’s 2008 tax sale process collections totaled $7,912,613.30 in delinquent taxes and penalties.  The total includes $1,204,478.66 collected on 408 property tax liens sold at the tax sale.  $ 6,708,134.64 in collections came from 1744 payments made prior to the sale to remove properties from the certified tax sale eligible list.

An additional $5,935,797.22 was collected in surplus (bids over the minimum due).  A surplus is returned to the successful bidder on a property if and when the property is redeemed.  Properties can be redeemed for payment in full with cash or certified funds at the County Auditor’s Office. The current owner has 1 year from the day of the sale to redeem a property.  Please call the County Auditor’s Office to confirm amount to redeem property.

The goal of the tax sale process is to collect delinquent taxes from non-paying properties to support local government and to facilitate change of ownership when necessary.

# Properties Certified:              3500
# Paid Prior to Sale:                 1744
$ Collected Prior to Sale:         $6,708,134.64

Date of Sale:                            Wednesday, October 8th, 2008
# Properties Offered:               1480
# Properties Sold:                    408
Minimum Bid Total:                 $1,247,683.66
Surplus Collected:                   $5,935,797.22

Additional Tax Sale information is available at:
sri-taxsale.com