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arkansasonline.com 15 Sep, 2021 18:30 am

Tax auction in Hot Springs raises $1.24M; draws 93 bidders

Tax auction in Hot Springs raises $1.24M; draws 93 bidders
Bidders claimed about half of the more than 400 tax-delinquent parcels auctioned Sept. 2 at the Hot Springs Convention Center, the Commissioner of State Lands said Monday.

The commissioner said as of Monday, owners of 12 parcels auctioned earlier this month had paid taxes, penalties and interest owed on their properties.The 414 parcels auctioned earlier this month were scheduled for auction last year, but the pandemic postponed annual tax auctions held in counties across the state.The properties auctioned earlier this month had been delinquent since 2015." An online auction will be held for delinquent properties that weren't sold earlier this month.

Bidders claimed about half of the more than 400 tax-delinquent parcels auctioned Sept.The commissioner said 93 bidders participated in the auction.

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