June 20th, 2016
Shelby County will holds its third online-only real estate tax sale Wednesday through Friday with an expected 400 properties available for purchase.
The sale begins at 8 a.m. Wednesday and is scheduled to end at 8 p.m. Friday unless bidding on properties continues.
The vacant lots, commercial buildings and houses will be randomly grouped to open and close at different times, allowing investors an opportunity to bid throughout the sale.
The opening bids represent the delinquent city and county taxes, accrued interest and penalties, court costs, attorney fees, service and title costs. Also, owners of a property have until the close of business the day before the sale to pay the amount owed and remove their property from the sale.
Anyone interested in participating can register at www.CivicSource.com.
The sale is conducted four times a year and is a joint effort of the chancery court clerk and master and the county trustee’s office.
The county held it’s first online-only tax sale in January, followed by a second in April.