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Tax Sale

126 Market St, Royal Center, IN 46978

Royal Center, Cass County, IN 46978

Opening bid

$1,852

C· 42

Property Details

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Notes

Indiana county tax sale under IC 6-1.1-24, conducted by SRI Inc. The buyer receives a tax sale CERTIFICATE with a one-year redemption period, not an immediate deed. Amount shown is the statutory minimum bid. Auction at Commissioners' Meeting Room.

Distress timeline

Sep 11, 26
Auction

Sources: SRI Incorporated (Tax Sale)

Due diligence checklist

  1. 01

    Pull a title report

    Confirm what liens survive the sale. Many tax sales wipe junior liens but not federal IRS or municipal liens. A title company can run this for ~$50-150.

  2. 02

    Drive by the property

    Check occupancy, exterior condition, signs of vandalism, neighborhood comps. You won't get inside before the auction in most cases.

  3. 03

    Have funds ready before bidding

    Most sheriff/tax sales require payment same-day or within 24 hours via cashier's check or wire. Pre-approval letters are not accepted.

  4. 04

    Run the numbers

    Add holding costs (taxes, insurance, utilities), renovation budget, and selling costs to your max bid. A property at 60% of ARV often needs 30%+ in repairs.

  5. 05

    Talk to a real-estate attorney

    Distressed sales in IN have rules that vary by county. A 30-min consult before your first auction is worth it.

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Disclaimer: Property data is collected from public county records and may not be fully current or accurate. Always verify information directly with the county before making any decisions.