Clayton County, Iowa

Tax Sale

On the third Monday in June of every year, the County Treasurer conducts a sale of all parcels that have delinquent taxes due.  If there is good reason, the treasurer may chose another date for the sale.  The purpose of the sale is to collect the unpaid taxes.

The treasurer is required to mail a notice to the owners of the parcels on which taxes are delinquent.  Notice must also be published in a newspaper.

If a parcel has been offered at a tax sale for at least one year, it can be offered at a public bidder sale where the county or a city within the county may purchase it.

If a parcel is sold at tax sale, it can be redeemed within two years of date of the sale once the delinquent taxes, interest, fees, and other costs have been paid.  After property is sold at tax sale, it draws 2% interest every month that it goes unredeemed.  One year and nine months after the date of sale, or nine months from the date of a public bidder sale, the tax sale certificate holder must send a notice of expiration of redemption to the taxpayer.  If the taxes are not redeemed within 90 days of the issuance of the notice, a treasurer's deed is issued to the certificate holder.

Last Updated on Wednesday, 23 May 2012 14:35