The Marion County Treasurer’s Office Annual Tax Sale will be held on Monday.
Delinquent notices were mailed to residents on May 1st, and any outstanding property taxes must be paid before Monday. Any unpaid taxes as of that date will be sold at the tax sale.
It’s important to note that investors do not purchase properties at tax sale, and only pay the outstanding taxes. However, if taxes on that property continue to remain unpaid, the investor can begin legal proceedings to obtain the deed to that property after one year and nine months have elapsed. Once taxes are held in a tax sale, the monthly interest rate on the amount due goes from 1.5% per month to 2% per month. No payments can be accepted on a tax sale. By law, a tax sale must be paid in full to redeem those taxes from the investor.
Marion County Treasurer Michaela Bigaouette says her office’s goal is to keep the citizens of the county out of tax sale in any way possible.
“For my office, we try really hard to keep people out of tax sale. It does mean that they incur greater cost because that interest rate is higher. People pay enough for taxes so we don’t want to have to see them pay more.”
For more information about tax sale and links to pay in full or make scheduled payments online you can follow this link.