TAX SALES / REDEMPTIONS

TAX SALES

The county recovers the loss of uncollected property tax revenue at the annual tax sale the county sells its tax lien on the property to attending purchasers for the amount of taxes, interest, and costs associated with the sale. The notice of sale must be published for three consecutive weeks in a legal newspaper within the county. As a general rule, this office publishes the notice every Thursday for three weeks and then holds the sale either the last Thursday in July or the first Thursday in August. State statute provides a tax lien purchaser interest at 15% per annum in addition to a 3% penalty the day of the purchase. Subsequent year taxes may also be paid by the purchaser and earn 15% interest.

REDEMPTIONS

The legal owner of the property may redeem taxes sold at the annual tax sale. To redeem, the owner must pay to the Treasurer's Office the amount of tax sold at the tax sale, a 3% penalty, 15% simple interest, and a redemption fee. Any subsequent year taxes paid by the purchaser must also be paid with interest, at the time of the redemption. The purchaser can obtain a Tax Deed for the property owner within four years of the date of sale.