A Sheriff’s Sale is the result of a court-ordered bank foreclosure for the nonpayment of a standard monthly mortgage. The Madison County Sheriff’s Sale is scheduled once each month on a Friday at 10 a.m. Do not confuse this sale with Tax Sales, which are held by the Treasurer’s Office for nonpayment of real estate taxes.
Notices are published in the Elwood Call Leader and Anderson Herald Bulletin on Thursdays and in the Pendleton Times on Wednesdays. Notices and legal descriptions are also posted on the bulletin board located in the Government Center, just outside of the Treasurer’s Office.
Sheriff’s Sales are handled online through SRI, not on property locations.
Refer to the SRI website for payment arrangements. You will need to click the button for Madison County once you are redirected to SRI's website.
Yes, buyers of these properties become responsible for all federal, state and local outstanding liens. It is the buyer's responsibility to research the property for liens and to ensure the legal description matches the common known street address.
The Sheriff's Office does not warrant the common known street address as it is listed. Title searches are the responsibility of the purchasing parties.
Yes, the Treasurer’s Office can advise if there are taxes owed on the property, which may include real estate taxes, sewer liens, weed liens, ditch assessments and unsafe building liens.
Yes, the Assessor’s Office can give assessment information about lot sizes, square footage, room sizes, building materials, past ownership, yearly taxes due, etc. In addition, the Recorder’s Office and the County Clerk’s Office may have a record of any other liens against the property. A realtor may be able to advise if the property has been listed before and can produce a home profile it has been listed for sale in the past.
The Sheriff’s Department does not recommend being on the premises of the property.
In many cases, individuals still reside in these properties. Generally, an interested individual cannot view the inside of the property prior to the sale, unless the interested individual gets permission from the owner.
If those who reside on the property prior to the sale have not moved by the day of the sale, it is the responsibility of the purchasing party to file the proper eviction papers through the court system. Personal belongings left by the previous homeowner must also be stored by the new purchaser.
All Sheriff's Sale inquiries should be directed to:
SRI Global Headquarters
8082 Bash Street
Indianapolis, Indiana 46250
USA
Toll Free: 800-858-5292
Local: 317-577-0289
Fax: 877-838-9588