What happens to property that is not purchased at the tax deed sale?
If a property goes up for bid at a tax deed sale and is not purchased, then the applicant holding the tax certificate is required to take the property. If the applicant is Lake County, then the land will go onto the Lands Available List. Land is available for purchase from the Lands Available List after it has been listed for 90 days. The purchase price is the opening bid plus any taxes and interest that has accrued on the property since it was placed on the list.
