Auction Fees

  • Mortgagees should contact Hoosier Auction Company to discuss its fees for conducting auctions of real estate.
  • Unlike other auction companies, Hoosier Auction Company charges no auction fee for sales that are canceled as a result of the homeowner filing bankruptcy, reinstating or paying off the mortgage loan, or otherwise entering into a settlement, forbearance, modification, or extension agreement with the foreclosing mortgagee. In such situations the sheriff still may assess an administrative fee pursuant to §32-29-7-3(h), costs of publication of the sale, if any, and a fee for service of the notice of the sale pursuant to §32-29-7-3(c).