Gibson County, Indiana Government Auctions

1 open listing in Gibson County, including 1 HUD REO home. Every listing links to the official source to bid.

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Real Estate

HUD HomeStore

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1204S Prince St, Princeton, IN

Princeton, Indiana

HUD-owned (FHA) foreclosed home at 1204S Prince St, Princeton, IN 47670, FHA case #156-269907, currently listed for sale on HUD HomeStore (acquired by HUD 2020-02-13). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

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HUD REO home1

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HUD HomeStore1

How these sales work

Buying government property in Gibson 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.

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