Indiana is one of the preferred states to invest in real estate. Aside from the fact that the interest rate is favorable and flat free, the redemption period is short unlike others.
The interest rate can be as high as 25% and 10% flat for the first 6 months. The second 6 months can then be 15% and an overbid interest of 10% every year. The redemption period is just 1 year for A and B properties while 120 days for the C properties. There is no right of redemption after sales. Tax lien sales are held in August, September, and in October.
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