I believe Thomas McDermott Sr has owed back property taxes on his home for the last couple of years. As of this date he owes just less than $92,000.
Why has this property not been placed on the sheriff's tax sale list? Any takers on this?
http://in-lake-treasurer2.governmax.com/collectmax/collect30.asp?sid=5113C657C71E465290B5C78940871C4BQuote:
Last Update: 12/18/2009 5:14:23 PM CST
SPECIAL MESSAGE TO PROPERTY OWNER
Your property taxes are capped at 1.5% of property value for homes, 2.5% for other residential property and farmground, and 3.5% for all other property. In 2010, these caps will be fully phased in at 1%, 2% and 3% respectively. State relief is given in the form of a credit (line 4a) for 2007-2008, and a reduced tax rate (line 3a) and supplemental deduction (line 2b) in 2009.
Property Number Property Type Taxing Unit Tax Year
45-16-16-177-002.000-042 Real Property Crown Point-Cen 2008 Pay 2009
Name / Address:
Thomas M McDermott
1150 Churchill
Crown Point IN 46307 Old Property Number: 23-09-0513-0017
Location: 1150 Churchill Ln, Crown Point IN 46307
Legal Description: MORNINGSIDE LOT 17
TABLE 1: SUMMARY OF YOUR TAXES
Tax Summary Item 2008 Pay 2009
1. Gross Assessed Value of property
1a. Gross Assessed Value of Land 340,900
1b. Gross Assessed Value of Improvements 1,322,900
2. Equals Total Gross Assessed Value of Property 1,663,800
2a. Minus Deductions (See Table 5 Below) - 48,000
2b. Minus New State Supplemental Deduction (See Table 5 Below) - 456,975
3. Equals Subtotal of Net Assessed Value of Property 1,158,825
3a. Multiplied by Your Local Tax Rate 2.3392
4. Equals Gross Tax Liability (See Table 3 Below) 27,107.24
4a. Minus State Property Tax Relief - 1,832.38
4b. Minus Local Tax Relief - 0.00
4c. Minus Savings Due to Property Tax Cap (See Table 2 Below) - 0.00
4d. Minus Savings Due to 65 Year & Older Cap - 0.00
5. Total Property Tax Liability 25,274.86
Please See Table 4 for a Summary of Other Charges to This Property
TABLE 2: PROPERTY TAX CAP INFORMATION
Property Tax Cap
(Equal to 1.5%, 2.5% or 3.5% of Line 2, Depending on Type of Property) 25,575.00
Adjustment to Cap Due to Voter-Approved Projects And Charges 7,804.40
Maximum Tax That May Be Imposed Under Cap 33,379.40
TABLE 3: GROSS PROPERTY TAX DISTRIBUTION AMOUNTS
Taxing Authority 2008 Pay 2009
State 0.00
County 6,920.50
Township 162.24
School District 11,707.61
City 7,641.29
Library 675.60
Tax Increment 0.00
Special District 0.00
Total 27,107.24
TABLE 4: OTHER APPLICABLE CHARGES TABLE 5: APPLICABLE DEDUCTIONS
Levying Authority 2008 Pay 2009 Type of Deduction 2008 Pay 2009
Sewer Lien 0.00 Blind/Disabled 0
Weed Lien 0.00 Geothermal 0
Unsafe Building Lien 0.00 Homestead/Standard 45,000
Barrett Law 0.00 Mortgage 3,000
Ditch Assessment Bill 0.00 Over 65 0
Conservancy 0.00 Veterans 0
Solid Waste 0.00 Abatement 0
Storm Water 0.00 Enterprise Zone 0
Other 0.00 Investment 0
.. .. Supplemental Standard 456,975
.. .. Other 0
TOTAL ADJUSTMENTS 0.00 TOTAL DEDUCTIONS 504,975
FIRST INSTALLMENT (SPRING) SECOND INSTALLMENT (FALL)
Delinquent After Wednesday, October 28, 2009 Delinquent After Monday, November 30, 2009
Current Property Tax 12,637.43 Current Property Tax 12,637.43
Other Charges (See Table 4) 0.00 Other Charges (See Table 4) 0.00
Delinquent Tax And Penalty 91,902.85 Delinquent Tax And Penalty 0.00
LESS PREPAYMENTS -6,000.00 LESS PREPAYMENTS 0.00
Amount Due for SPRING 98,540.28 Amount Due for FALL 12,637.43
111177.71