Tax Foreclosure Sales
The next Madison County Tax Foreclosure Sale will be held on
October 18th, 2022. The sale will begin at 11:00 a.m. at the Madison County Courthouse located at 2 N Main Street, Marshall, NC 28753.
For further information, please contact The Kania Law Firm at 828-252-8010.
October 18th, 2022. The sale will begin at 11:00 a.m. at the Madison County Courthouse located at 2 N Main Street, Marshall, NC 28753.
For further information, please contact The Kania Law Firm at 828-252-8010.
A tax foreclosure is a collection method of last resort and is used only if there is no response from the taxpayer following collection actions or if the taxpayer does not follow through with an agreed upon payment arrangement made with the Tax Collections Department. A tax foreclosure can begin at any date after January 5th of the current year that is being collected.
The opening bids for the sales scheduled for October 18, 2022 at 11:00 am are as follows
*ALL PROPERTIES ARE SOLD, “AS IS WHERE IS”
*ALL PROPERTIES ARE SOLD, “AS IS WHERE IS”
Reid 1074
Pin # 9727-12-3212
Acreage .20
Opening Bid $13,000
Reid 1191
Pin # 9706-94-0672
Acreage .45
Opening Bid $ 11,700
Reid 22782
Pin # 9748-64-3955
Acreage 3.77
Opening Bid $15,000
Reid 19010
Pin # 9739-70-9534
Acreage 1.75
Opening Bid $ 17,500
*Additional information regarding the aforementioned property as well as all other parcels contained on the Madison County Tax Roll can be viewed on the Madison County Tax Bill Lookup.
Pin # 9727-12-3212
Acreage .20
Opening Bid $13,000
Reid 1191
Pin # 9706-94-0672
Acreage .45
Opening Bid $ 11,700
Reid 22782
Pin # 9748-64-3955
Acreage 3.77
Opening Bid $15,000
Reid 19010
Pin # 9739-70-9534
Acreage 1.75
Opening Bid $ 17,500
*Additional information regarding the aforementioned property as well as all other parcels contained on the Madison County Tax Roll can be viewed on the Madison County Tax Bill Lookup.
Helpful information regarding Tax Foreclosures
Notice of Sale
All sales will be advertised in a newspaper that meets the requirements of general circulation as required, prior to the sale date. Additional information may be posted to the County's website to assist with advertising the sale and opening bid.
Location of Sale
Foreclosure sales will be handled by a public auction on the front steps of the County Courthouse as scheduled. Sales will be made to the last and highest bidder and each property will be sold "as is" and without warranty. Each sale may be subject to further outstanding taxes and any local improvement assessments against the property not included in the judgment.
Bidding on an Auctioned Property
You can bid on any property by attending the sale on the courthouse steps the day the sale is to take place. The price for each property has an Estimated Opening Bid set prior to the date of the sale. This is the approximate amount required for the opening bid. The person conducting the sale will announce the actual opening bid for each property at the time of sale. A deposit of up to 20% percent of the bid will be required following the sale, and the balance of the price bid must be paid at the end of the 10-day period and confirmation of the sale.
Upset Bid Process
A person interested in making an increased bid should go to the Office of the Clerk of Superior Court located in the Madison County Courthouse. The increased bid must exceed the current bid by 5% percent or $750 whichever is greater. To make an increased bid a deposit of 5% percent of the amount of the new high bid, or a minimum of $750, must be delivered to the Clerk of Superior Court by cash or certified check or cashier's check satisfactory to the Clerk.
All sales will be advertised in a newspaper that meets the requirements of general circulation as required, prior to the sale date. Additional information may be posted to the County's website to assist with advertising the sale and opening bid.
Location of Sale
Foreclosure sales will be handled by a public auction on the front steps of the County Courthouse as scheduled. Sales will be made to the last and highest bidder and each property will be sold "as is" and without warranty. Each sale may be subject to further outstanding taxes and any local improvement assessments against the property not included in the judgment.
Bidding on an Auctioned Property
You can bid on any property by attending the sale on the courthouse steps the day the sale is to take place. The price for each property has an Estimated Opening Bid set prior to the date of the sale. This is the approximate amount required for the opening bid. The person conducting the sale will announce the actual opening bid for each property at the time of sale. A deposit of up to 20% percent of the bid will be required following the sale, and the balance of the price bid must be paid at the end of the 10-day period and confirmation of the sale.
Upset Bid Process
A person interested in making an increased bid should go to the Office of the Clerk of Superior Court located in the Madison County Courthouse. The increased bid must exceed the current bid by 5% percent or $750 whichever is greater. To make an increased bid a deposit of 5% percent of the amount of the new high bid, or a minimum of $750, must be delivered to the Clerk of Superior Court by cash or certified check or cashier's check satisfactory to the Clerk.