The Herald Bulletin

Morning Update

Local Politics

October 8, 2013

County hopes to recoup taxes at annual property sale

More than 2,000 properties eligible for purchase

ANDERSON, Ind. — Madison County will try and sell more than 2,052 properties at a tax sale today in order to collect more than $9.31 million delinquent property taxes.

If previous experience is any guide, however, only a small fraction of the delinquent taxes and special assessments that are owed will be recouped, making tax sale proceeds an unreliable source of revenue, said County Auditor Jane Lyons.

Last year, for example, 2,632 properties were available, but only 345 sold, yielding the county $967,815 in back taxes, she said.

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 finance local government services,” Lyons said.

In actuality, by the time someone’s property gets to a tax sale, property taxes have likely not been paid for several years, said Glen Luedtke, a client services director for SRI Inc. an Indianapolis-based company founded in 1989 that conducts tax sales and commissioners’ certificate and deed sales for more than 80 counties in Indiana, Michigan and Colorado.

Tax sales are essentially an auction where the minimum bid begins with the amount of taxes due on the property. The amount can range from a few hundred dollars to more than $100,000 in some cases.

According to tax sale documents, an organization called Plummer Enterprises Inc. owes more than $766,000 on a nearly four-acre industrial property at 1817 Locust St. in Anderson.

Luedtke expects about 100 bidders to show up for the sale, which begins at 10 a.m. in the Anderson City Building auditorium.

Although investors who purchase property at tax sales must be prepared to pay the full amount of their purchase, they are not able to take ownership for a year to give those who owe the taxes a chance to pay them.

Text Only
Local Politics
  • Coats: Obamacare won't be repealed U.S. Sen. Dan Coats said the Affordable Care Act will not be repealed and that Congress needs to focus on many modifications to the law affecting health care in America.

    August 22, 2014

  • Anderson cop Richardson loses rank Seven months after Anderson Police officer Bill Richardson was arrested in January but not criminally charged, the department has disciplined the officer.

    August 22, 2014

  • Election board looking into voter fraud allegation The Madison County Election Board delayed a decision into allegations of voter fraud in the May primary until it can gather additional information. Brian Bell, who lost the Democratic Party’s nomination for sheriff by 48 votes to Scott Mellinger, raised allegations to the election board during a hearing Friday.

    August 19, 2014

  • NWS - HB0716 - wigwam - JC 37a City officials hope latest effort saves Wigwam

    After months of discussion and negotiations, the fate of the iconic Wigwam complex may well be determined by the end of the month.The Anderson City Council on Thursday voted to approve a resolution that allows the Anderson Redevelopment Commission to accept ownership of the Wigwam and then immediately transfer the ownership to a still-unnamed development group.

    August 17, 2014 1 Photo

  • Ken de la Bastide: Yes, Madison County needs a personnel board Earlier this year the Madison County Commissioners voted to disband the Personnel Board, stating it no longer had a function. The fallacy of that assumption was vividly brought to light during last Tuesday’s meeting of the Madison County Council.

    August 16, 2014

  • Dispatch agreement tabled by City Council With no discussion about emergency dispatch services, the Anderson City Council tabled Thursday an ordinance to consolidate those services with Madison County.

    August 14, 2014

  • Larry Crenshaw mug Anderson fire department calls for new headquarters Anderson Fire Department officials have renewed their request for a new headquarters station, in the 2015 budget proposal.

    August 12, 2014 2 Photos

  • Madison County asked to join reservoir authority The Madison County Council tabled a request Tuesday to become part of an inter-governmental agency to oversee the creation, development and construction of the proposed Mounds Lake Reservoir.

    August 12, 2014

  • Mike Spyers mug Roundabout work to begin at Anderson's 59th Street A contract to begin work on changes to 59th Street west of Scatterfield Road for a future Buffalo Wild Wings restaurant has been approved by the City of Anderson.

    August 12, 2014 1 Photo

  • Summerlake annexation meeting set Ingalls Town Council has scheduled a workshop to discuss the possibility of annexing the Summerlake community just south of Interstate 69.

    August 12, 2014

Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide