Friday, October 19, 2012

Porter County Tax Sale Nets $2.9 Million

From the Chesterton Tribune:


Porter County officials held their annual delinquent property tax sale on Wednesday, resulting in the collection of $2,896,689.34 from owners and buyers.

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The sale, conducted by Indianapolis-based SRI Incorporated on behalf of Porter County, offered 158 parcels to 56 bidders. SRI conducts tax sales in 83 counties in Indiana, Michigan and Colorado.

A total of 658 parcels had all taxes, penalties, and costs paid in full.

“Tax sales are a necessary function of county government. It is only fair to the people who pay their property taxes every year to pursue those who do not pay,” said Bucko.

For the 60 properties that did not sell, the County Commissioners acquire a tax lien. The Commissioners may offer those properties to the public at a later date.

Wichlinski commented, “It is our ultimate goal to return these properties to the tax rolls as quickly and efficiently as possible. Property owned by people that pay their property taxes ensure our local government services are fully funded.”

For more information on property tax sales, visit www.sri-taxsale.com