Sell your Indiana land for cash

No, Indiana has no state deed or transfer tax. Counties and cities cannot impose any tax unless a state statute expressly allows it. The county recorder charges $25 to record a deed, and some counties add a $10 affordable housing fee per document. Each sale also needs a sales disclosure form filed with the county auditor, with a $20 filing fee. Your title company can confirm the exact fees for your county. Source: IC 6-1.1-5.5-3, IC 6-1.1-5.5-4, IC 36-1-3-8 and IC 36-2-7-10.

Penalties are added, and after a court judgment the county can sell the land at its yearly tax sale, subject to your right to redeem. The first penalty is 5% if you pay within 30 days of the due date and owe nothing earlier, and 10% otherwise. In later years, another 10% of the unpaid tax is added after each installment due date. Once unpaid amounts from the prior year's spring installment or earlier top $25, the parcel can be listed for the sale. If no one redeems and the bid topped the minimum, the owner of record can claim the surplus from the county for three years. Source: IC 6-1.1-24-1, IC 6-1.1-24-2, IC 6-1.1-24-7 and IC 6-1.1-37-10.

Usually yes, if you redeem before the redemption period ends, which is 1 year after the sale for most land. It is 120 days after a sale to a qualified purchasing agency, or after the county takes or resells the lien on an unsold parcel. You pay the county treasurer 110% of the minimum bid within 6 months, or 115% after, plus 5% a year on any overbid. Later taxes with 5% interest and certified attorney, notice and title search costs are added. Land sold from the county's vacant or abandoned property list cannot be redeemed at all. Source: IC 6-1.1-25-1, IC 6-1.1-25-2 and IC 6-1.1-25-4.

Usually not, because Indiana's seller disclosure form law covers only residential real estate with 1 to 4 dwelling units. A lot with no dwelling falls outside that law. Land in the classified forest and wildlands program is different, because you must tell the buyer in writing that it is enrolled. That notice must also cover any potential violations, tax liabilities and penalties under the program. Ask an Indiana real estate attorney what else your sale requires, including any defects you know about. Source: IC 32-21-5-1 and IC 6-1.1-6-25.

Not by itself, because the classification stays with the land when it is sold. The new owner takes on the same duties, and the District Forester must be told when the land changes hands. Withdrawal is what costs money: up to 10 years of the taxes the land would have owed, plus 10% simple interest a year. Land classified after June 30, 2006 also carries a penalty of $100 plus $50 per acre, unless a state rule sets another amount. If a sale splits the land, each parcel needs a new application, and a piece under 10 acres usually cannot stay enrolled. Source: IC 6-1.1-6-5, IC 6-1.1-6-20, IC 6-1.1-6-24 and IC 6-1.1-6-25, and Indiana DNR Classified Forest and Wildlands brochure.

Yes. Liberty Acres buys land anywhere in the US, so you do not need to live in Indiana to sell to us. We close through a title company and pay back taxes and all closing costs. There are no agents and no commissions.