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Annual Marion County Tax Sale Happening Monday

property tax sale

Annual Marion County Tax Sale Happening Monday

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. 

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Source : KNIA KRLS

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