In a message dated 11/8/01 7:42:34 AM US Eastern Standard Time, mills@reliable-net.net writes: > Actually, the taxes on this 2.64 areas were over $3,000. That was what the > new owner paid to buy the property. They may have been figuring in those > big trees he later sold and a handful of years of back taxes. > Sharon, If the Taxes were that high they had to have included several years. For the taxes to run that high the 2.64 acres with a cemetery taking up a goodly amount of the ground, the property would have to be in a very high priced area for one year to run that high. The taxes had to be delinquent for a Tax sale. The previous owner under Indiana Law has a grace period to reclaim the property, by paying up the purchase amount with interest. Technically I don't think the Trees can be stripped until that time has expired. If so and somehow some group, or person could redeem the land, the sale price of the trees would apply to the payment. If the tree sale brought $3,000 dollars the only thing owed would be the Interest, and I'm not sure about that because the property, minus the trees is not now worth what it was at the time of the Tax sale. Also you can't buy property at a tax sale and build a $150,000 house on it and expect the person redeeming the property to come up with that amount, plus the sale amount. You may not profit from a tax sale until the redemption time has expired. Sharon, you mention a for profit group, do you mean someone who sells cemetery lots to make a profit for themselves, or for money to apply to a long term maintenance fund. Anyone have any better information? Jack E. Briles, Sr. Floyd County PCRP Coordinator PO Box 444 New Albany, In. 47151-0444 (812) 282-6585

Jack, The taxes did include several years, but I'm surprised still they were that high. Two county officials have told me they tried for "several years" to get someone from the former congregation to sign exemption. Unfortunately, they missed the person who had nominal charge of the cemetery association. She lives about 10 blocks from the Court House and never got a call. This is not a high priced area, it's very rural and not ground that is useful for anything. The new owner already harvested the trees, and I think he realized the profits from that. But I'm not clear on all my facts here, so I should do some more digging before saying specifically that is what happened. If I mentioned a for-profit group, that was in error. The cemetery association is not for profit. Funds are realized from the sale of lots. That's the money being used for mowing, reportedly. I'm not sure anyone in the county knew that the new owner couldn't realize a profit until after the redemption period. In fact, I didn't know there was a redemption period. Maybe the county didn't either. Sharon At 09:06 AM 11/8/01 EST, you wrote: >In a message dated 11/8/01 7:42:34 AM US Eastern Standard Time, >mills@reliable-net.net writes: > > >> Actually, the taxes on this 2.64 areas were over $3,000. That was what the >> new owner paid to buy the property. They may have been figuring in those >> big trees he later sold and a handful of years of back taxes. >> > >Sharon, >If the Taxes were that high they had to have included several years. For the >taxes to run that high the 2.64 acres with a cemetery taking up a goodly >amount of the ground, the property would have to be in a very high priced >area for one year to run that high. The taxes had to be delinquent for a Tax >sale. The previous owner under Indiana Law has a grace period to reclaim the >property, by paying up the purchase amount with interest. > Technically I don't think the Trees can be stripped until that time >has expired. If so and somehow some group, or person could redeem the land, >the sale price of the trees would apply to the payment. If the tree sale >brought $3,000 dollars the only thing owed would be the Interest, and I'm not >sure about that because the property, minus the trees is not now worth what >it was at the time of the Tax sale. Also you can't buy property at a tax >sale and build a $150,000 house on it and expect the person redeeming the >property to come up with that amount, plus the sale amount. You may not >profit from a tax sale until the redemption time has expired. Sharon, you >mention a for profit group, do you mean someone who sells cemetery lots to >make a profit for themselves, or for money to apply to a long term >maintenance fund. Anyone have any better information? >Jack E. Briles, Sr. >Floyd County PCRP Coordinator >PO Box 444 >New Albany, In. 47151-0444 >(812) 282-6585 > > > > >==== INPCRP Mailing List ==== >This list is for discussion of topics related to the Indiana Pioneer >Cemeteries Restoration Project only. > > >