Porter County will
conduct a tax sale on Tuesday, Oct. 22 for delinquent properties that have
delinquent taxes and special assessments due from the prior year’s spring
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.
Porter 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. “The purpose of this Tax Sale is to offer these delinquent
properties in order to collect back taxes to help fund local government
services,” Porter County Auditor Vicki Urbanik said.
currently 498 properties available for the tax sale totaling $2,615,425.23
in delinquencies,” according to Porter County Treasurer Michelle L. Clancy.
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 county for a tax deed.
Porter 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 more than 80 counties in Indiana, Michigan,
Those interested in
registering and bidding at the Porter County Tax Sale should visit the SRI,
Inc. website at