{"id":1225,"date":"2017-11-30T17:38:51","date_gmt":"2017-11-30T17:38:51","guid":{"rendered":"http:\/\/shoshonecounty.id.gov\/?page_id=1225"},"modified":"2024-04-01T14:46:49","modified_gmt":"2024-04-01T21:46:49","slug":"tax-deed-auction","status":"publish","type":"page","link":"https:\/\/shoshonecounty.id.gov\/tax-deed-auction\/","title":{"rendered":"Tax Deed Auction"},"content":{"rendered":"

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Tax Deed Auction<\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”0px||0px|” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_toggle title=”When and Where is the Tax Deed Auction Held – SEPTEMBER 19, 2024″ open=”on” admin_label=”Toggle” _builder_version=”4.24.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

In Shoshone County, a “live” Tax Deed Auction is held once a year, and is conducted in the first-floor foyer, of the Courthouse at 700 Bank Street, Wallace, ID. \u00a0<\/strong>For tax deeded property, the Board of Commissioners shall conduct an auction no later than fourteen (14) months from the issuance of the tax deed. The sale will\u00a0be advertised\u00a0in the Shoshone County News Press legal notices section\u00a0a couple of weeks before the auction providing a list of properties to be sold.\u00a0 The legal notice will also list the time, location and terms of the sale. The auction list will also be available at the County and on-line a few weeks before the auction.\u00a0 \u00a0<\/strong><\/span><\/a><\/p>\n

Properties being offered at the sale can be redeemed at anytime prior to the start of the sale.\u00a0 Only people with redemption rights can redeem.\u00a0<\/span><\/p>\n

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If you are planning to bid on a property, you can sign up for a bid card the day of the auction.\u00a0 You or your representative must be present at the auction to bid.\u00a0 The properties are offered for sale in the order in which they appeared in the public notice.\u00a0 The Commissioner will read the property description and call for bids. Open bidding will proceed until the final bid is offered and the bidding is closed.\u00a0 They buyer will be requested to state his\/her name and address for the public hearing record.\u00a0 The buyer must issue payment in full\u00a0by cashier’s check (EXACT AMOUNT) by 3:00 p.m. on the date of the sale.\u00a0 A\u00a0Commissioner’s Deed will be issued and recorded and the original deed will be mailed to the buyer at the mailing address designated.<\/p>\n

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2008 Legislation amended Idaho Code 31-808<\/a> regarding the process to be used in setting minimum bid for tax deed property sales.  “However the Board of County Commissioners shall set the minimum bid for the tax deeded property to include all property taxes owing, interest and costs. . . .”  The costs include an accounting of total taxes owed with penalty and interest, pending issue fees, certifications and special assessments, costs of publication, anticipated recording fees and any other costs incurred in preparing the parcel for sale.<\/p>\n

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Property taken, through the tax deed process, may be redeemed by the owner(s) or other party(ies) holding a recorded legal interest in the property within (14) fourteen months of tax deed issuance or until sold at public auction, whichever comes first. See ID Code 63-1007<\/a><\/p>\n

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Should any parcel not sell at auction, the Board of County Commissioners may sell the surplus property, without further notice by public or private sale upon such terms and conditions, as the County deems necessary. ID\u00a0Code 31-808(6)<\/a>.\u00a0 The Board of Commissioner will accept written bids for purchase consideration.\u00a0 If interested in any parcel, a written bid can be submitted directly to the Shoshone County Board of Commissioners for purchase consideration. Provide item number, parcel number, and your contact information.\u00a0 You can download the “Surplus Property Bid Form” below to present your bid.<\/p>\n