If you receive a notice of tax sale:

| Feature | Tax Lien Certificate Sale | Tax Deed Sale | | :--- | :--- | :--- | | | A lien against the property | The actual property title | | Typical price | Back taxes + costs (often $1,000–$5,000) | Judgement amount (higher) | | Ownership transfer | No. You hold a certificate. | Yes. You become owner. | | Risk level | Moderate (redemption risk) | Lower (but complex legal process) |

Indiana operates two distinct systems, which are often confused:

Think you need $50k to start investing in real estate in Indiana? Think again. 🛑