March 28th, 2016
Shelby County will be hosting an online tax sale auction, with more than 400 residential, commercial and vacant properties being up for grabs.
The three-day auction will run from 8 a.m. on April 5 until 8 p.m. on April 7.
According to the county, the auction’s properties will be “randomly grouped into four batches, with each batch having a different closing time. This will allow investors to redeploy unused capital throughout the sale.”
Once a property bid opens, the opening bid will include the “delinquent city and county taxes, accrued interest and penalty charges, court costs, attorney fees, as well as service and title costs,” the release said.