1275 River Rd

Griffith, Indiana, 46319

Tax LienpendingSells Sep 8, 2026 · 25 days ago

View on map ↗

Opening bid

$20,329

Assessed value

$28,200

Land $28,200Improvement $0

Market / AVM

$28,200

Taxes owed

—

Parcel number: 45-07-23-426-001.000-006
Case number: —
Land use: Commercial
Building: —
Acreage: 0.34
Lot size: 14,767 sqft
Year built: —
Owner of record: Lake County Trust Co Tr 3071

Property facts enriched via realestateapi · 8/25/2026

Aerial view of 1275 River Rd — the parcel

Aerial view of 1275 River Rd — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 92 values

Summary(11)

Estimated equity
Id	221,058,602
Flood zone	Yes
Free clear	Yes
High equity	Yes
Property type	LAND
Equity percent	100
Flood zone type	X
Estimated value	$28,200
Last update date	2026-06-18 00:00:00 UTC

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Google Maps (parcel / address search) ↗

Lake County rules

Sale type: Tax Lien
Redemption: 1 year from sale
Return if redeemed: 10–15% plus 5–10% penalty depending on timing
Statute: Indiana Code Title 6, Art. 1.1

Full county profile →

Historical comps

No historical bucket for IN|Tax Lien

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

Tax sale certificate is not ownership. Mortgages, federal liens, municipal demolition/code liens, and environmental issues are common in older industrial cities — full search required before bidding and before deed.

Quiet title

After tax deed, title insurers typically require quiet title before insuring marketable title, especially on vacant or multi-lien urban parcels.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Lake County Treasurer / Auditor Tax Sales ↗

Deal analysis

Your maximum bid

$12,634

Do not bid — the numbers do not clear your margin.

Opening bid $20,329

Room to bid -$7,695

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for IN|Tax Lien; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $28,200. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $28,200
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$2,256
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical IN range ($1,500–$5,000, ~4 months).: −$3,250
Deed recording and transferassumed Typical IN recording and deed issuance cost.: −$250
Holding costs (18 months)assumed Taxes, insurance, and securing the property at ~$75/month.: −$1,350
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$8,460
Maximum bid: $12,634

If the owner redeems

Flat penalty

10%

You'd receive

$1,263

Window

365 days

IN sells liens: the expected outcome is redemption with interest, not ownership. Taking title needs a separate foreclosure after 365 days.

Quoted elsewhere as 20% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE PENALTY BASE IS THE MINIMUM BID, NOT YOUR BID. 110%/115% under IC 6-1.1-25-2 is computed on the minimum bid; the amount you paid above it earns only 5% per annum, and only for sales after 2014-06-30. Indiana sells by premium bidding, so on any competitive parcel the modelled tier overstates the return — a $1,200 minimum taken at $6,000 returns 10% on $1,200 and 5%/yr on $4,800, not 10% on $6,000. Treat the computed penalty as a ceiling until the type carries a penalty base.
Indiana's ratio is 1.0, but IC 6-1.1-31-6(c) says in terms that true tax value DOES NOT mean fair market value — it means market value-in-use, the value of the parcel for its current use. On a derelict or under-used parcel, which is most of what reaches a tax sale, value-in-use can sit well below what the land would fetch redeveloped, and on special-purpose property it can sit above. A 1.0 ratio here is not a licence to treat the assessment as an appraisal; get comparable sales.
The opening bid of $20,329.11 is already above your ceiling of $12,634.

AI risk brief

Reads this parcel against LakeCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

221,058,602

Flood zone

Yes

Free clear

Yes

High equity

Yes

Property type

LAND

Equity percent

100

Flood zone type

Estimated value

$28,200

Last update date

2026-06-18 00:00:00 UTC

Estimated equity

Deal analysis

Your maximum bid

$12,634

Do not bid — the numbers do not clear your margin.

Opening bid $20,329

Room to bid -$7,695

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for IN|Tax Lien; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $28,200. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $28,200
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$2,256
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical IN range ($1,500–$5,000, ~4 months).: −$3,250
Deed recording and transferassumed Typical IN recording and deed issuance cost.: −$250
Holding costs (18 months)assumed Taxes, insurance, and securing the property at ~$75/month.: −$1,350
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$8,460
Maximum bid: $12,634

If the owner redeems

Flat penalty

10%

You'd receive

$1,263

Window

365 days

IN sells liens: the expected outcome is redemption with interest, not ownership. Taking title needs a separate foreclosure after 365 days.

Quoted elsewhere as 20% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE PENALTY BASE IS THE MINIMUM BID, NOT YOUR BID. 110%/115% under IC 6-1.1-25-2 is computed on the minimum bid; the amount you paid above it earns only 5% per annum, and only for sales after 2014-06-30. Indiana sells by premium bidding, so on any competitive parcel the modelled tier overstates the return — a $1,200 minimum taken at $6,000 returns 10% on $1,200 and 5%/yr on $4,800, not 10% on $6,000. Treat the computed penalty as a ceiling until the type carries a penalty base.
Indiana's ratio is 1.0, but IC 6-1.1-31-6(c) says in terms that true tax value DOES NOT mean fair market value — it means market value-in-use, the value of the parcel for its current use. On a derelict or under-used parcel, which is most of what reaches a tax sale, value-in-use can sit well below what the land would fetch redeveloped, and on special-purpose property it can sit above. A 1.0 ratio here is not a licence to treat the assessment as an appraisal; get comparable sales.
The opening bid of $20,329.11 is already above your ceiling of $12,634.

Apn	45-07-23-426-001.000-006
Land use	Commercial
Lot acres	0.34
Lot number	B
Census block	1003
Census tract	041001
Property use	Commercial-Vacant Land
Subdivision	Mansards 2nd Add
Lot depth feet	491.4
Lot width feet	30.1
Lot square feet	14,767
Property class	The general use for the property is for commercial purposes
Apn unformatted	450723426001000006
Census block group	3
Legal description	MANSARDS SECOND ADD PHASE 8 OUT LOT B

Year	2,024
Tax amount	$2,316
Property id	221,058,602
Market value	$28,200
Assessed value	$28,200
Assessment year	2,025
Market land value	$28,200
Assessed land value	$28,200

Owner1 type	Other
Owner2 type	Other
Mail address · zip	75356
Mail address · city	Dallas
Mail address · fips	18089
Mail address · zip4	0807
Mail address · label	Dallas, TX 75356
Mail address · state	TX
Owner1 full name	Lake County Trust Co Tr 3071
Owner1 last name	Lake County Trust Co Tr 3071

Fmr year	2023
Hud area code	METRO16980MM2960
Hud area name	Gary, IN HUD Metro FMR Area
Median income	$64,188
Fmr efficiency	$677
Fmr one bedroom	$815
Fmr two bedroom	$1,000
Fmr four bedroom	$1,361
Fmr three bedroom	$1,227

Address · zip	46319
Address · city	Griffith
Address · fips	18089
Address · house	1275
Address · label	1275 River Rd, Griffith, IN 46319
Address · state	IN
Address · county	Lake County
Address · street	River
Address · address	1275 River Rd
Address · street type	Rd
Address · jurisdiction	Lake County
Address · congressional district	01
Deck area	0
Latitude	41.55829815879595
Pool area	0
Longitude	-87.41789502623163
Patio area	0
Porch area	0
Rooms count	0
Units count	0
Property use	Commercial-Vacant Land
Lot square feet	14,767
Parking spaces	0
Buildings count	0
Property use code	393
Garage square feet	0
Living square feet	0
Partial bathrooms	0
Basement square feet	0
Building square feet	0
Price per square foot	0
Parcel account number	001-15-26-0349-0005
Utilities sewage usage	Yes
Utilities water source	Yes
Plumbing fixtures count	0
Basement finished percent	0
Basement square feet finished	0
Basement square feet unfinished	0