Clay County, Indiana Government Auctions

1 open listing in Clay County, including 1 freddie mac REO. Every listing links to the official source to bid.

Open now in Clay County

Real Estate

Freddie Mac HomeSteps

Open

13347 S State Road 159, Coalmont, IN 47845

Coalmont, Indiana

Freddie Mac HomeSteps (REO) home in Coalmont, IN. 3 bed, 1 bath. 1,400 sq ft. Built 1948. Single-Family. List price $49,900. Clay County. Offers go through the listing broker (AREA REALTY KEY ASSOC); view full property details, photos and how to make an offer on the official HomeSteps listing.

Listed price

$49,900

Details ↗

By sale type

Freddie Mac REO1

By source

Freddie Mac HomeSteps1

How these sales work

Buying government property in Clay County

Indiana is a tax lien state

Indiana counties sell tax sale certificates each fall, and Marion and Allen counties are among the larger annual sales. The certificate holder earns a statutory penalty and can petition for a deed after redemption expires.

Redemption period: The owner has one year from the sale to redeem (120 days for certain commissioners' certificate sales), after which the buyer petitions the court for a tax deed.
Interest or penalty: Redemption requires paying the minimum bid plus a 10% penalty if redeemed within six months or 15% after, plus interest on any surplus bid.

Full Indiana guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

Compare government real-estate sale types →

General information, not legal advice; the official sale notice controls.