3141 N Colorado Av, Indianapolis, IN

Listing description

What the seller provided

County/city-owned surplus property (parcel 1019840) in Indianapolis / Marion County, IN — struck off from prior tax sales and offered for sale to the public through the consolidated government's surplus-property program. Purchased by offer/application (or in a periodic surplus auction); see the official "Buy Surplus Property" page for how to acquire it.

How this sale works

Land bank or city-owned property sale

A public land bank or city agency is disposing of property it already holds, usually acquired through tax foreclosure. Prices are set or negotiated rather than auctioned.

• Many programs sell by application or fixed price and may require a rehab plan, owner-occupancy or a deadline to build.
• Title is generally cleared by the land bank, which is a major advantage over a tax sale.
• Expect program eligibility rules, and sometimes a preference for neighbors, nonprofits or first-time buyers.

How to buy government surplus land and lots →

General information, not legal advice. The official sale notice controls.

Research this property

Look it up before you bid

The public notice gives an address and a date. These outside tools fill in what it does not.