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GovAuctions aggregates government surplus auctions from official platforms. We are not affiliated with GSA, HUD, or any government agency. Β· Terms Β· Privacy
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526 E Second Street, Mount Vernon, IN 47620

HomeStepsReal EstateπŸ“Mount Vernon, IN

Current Bid

$0

Time Left

NaNm

Ends Invalid Date

Market demand: Real Estate in Indiana sell about 5% of the time. Based on 87 completed sales over the last year.

Title and tax regime in IndianaClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Indiana: Indiana is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 1 year to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Seller

πŸ›οΈ Freddie Mac (HomeSteps)

Condition: REO / sold as-is

Full Description

Freddie Mac HomeSteps REO home at 526 E Second Street, Mount Vernon, IN, 47620. Single-Family, 2 bed, 1 bath. Sold as-is by Freddie Mac; submit an offer through a real-estate agent.

Pickup Information

πŸ“
Mount Vernon, IN 47620

Freddie Mac (HomeSteps)

πŸ“Freddie Mac HomeSteps REO home. Offers are submitted through a licensed real-estate agent; see homesteps.com.
Title and tax regime in IndianaClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Indiana: Indiana is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 1 year to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

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Market data: see how government surplus prices are moving in the Surplus Price Index and how often each category sells in the Surplus Market Report.