A square-inch parcel of land will be auctioned this week on eBay for a starting bid of $1,224, although Owen County officials say they’ve had offers for more.
The back taxes, with penalties and interest, total $1,224, which is all the county can collect, said county attorney Richard Lorenz. The rest would go to the bank that owns the land.
“Once we began to get all of these offers, we thought that to be fair we ought to sell it off to the highest bidder,” he said. “We’ll have it up on eBay for seven days.”
The story was first reported last week when The Herald-Times of Bloomington found that a postage-stamp-sized piece of land in the county west of Bloomington had attracted not one bidder at a tax sale. There is a minimum bid of $1,500 for tax sale parcels.

Posted: 11|19|05 at 9:40 am. Filed under: Auction News.