In many Indiana counties, the redemption interest rate is 15% per annum on the delinquent taxes you pay. If the original owner redeems the property six months later, you get your principal back plus 7.5%—a better return than most bank CDs.
After you purchase a certificate, the original owner has a statutory right to redeem the property. They pay you: indiana tax sales top
: Restaurant meals and prepared foods are generally taxable at the standard 7% rate. In many Indiana counties, the redemption interest rate