Northwest Indiana Discussion :: View topic - McDermott Sr owes $91,900 in property taxes No Sheriff Sale?

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

Author:	justcallmetommy [ Fri Dec 18, 2009 5:18 pm ]
Post subject:	McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
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=5113C657C71E465290B5C78940871C4B Quote: 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

Author:	Dick_Tracy [ Mon Dec 21, 2009 2:53 am ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
I don't think that website is necessarily up to date. I also think it takes more than a couple of years of not paying anything for the property to go to the tax sale. They may have a payment plan established.

Author:	justcallmetommy [ Mon Dec 21, 2009 6:53 am ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
Dick_Tracy wrote: I don't think that website is necessarily up to date. I also think it takes more than a couple of years of not paying anything for the property to go to the tax sale. They may have a payment plan established. I believe this has been a 1 1/2 to 2+ year saga, by no means is this a recent development. If you look at the entry above, the information from the Lake County Teasurer's web page was current as December 18th, the date it was posted.

Author:	Dyerbill [ Thu Oct 21, 2010 5:52 pm ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
You need to find the children. Beach

Author:	hammonite [ Fri Nov 19, 2010 4:22 pm ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
Isn't that tax bill now over $140,000?

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McDermott Sr owes $91,900 in property taxes No Sheriff Sale? http://www.northwestindiana.com/discussionforum/viewtopic.php?f=3&t=7988	Page 1 of 1

Author:	freetime [ Fri Nov 19, 2010 4:39 pm ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
The Sheriff does not handle property sales for unpaid taxes. The Treasurer does first, then the Commissioners try. The Sheriff WOULD handle a foreclosure sale. Has anyone checked to see if the owner has filed a bankruptcy? That could delay the proceedings.,

Author:	newsflashkid [ Fri Nov 19, 2010 4:58 pm ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
When I was watching the campaign startup of Tom Jr. They panned over for a few seconds to Tom Sr. He looks like death warmed over. What happened to that youthful figure of years gone by? He's as skinny as a rail. Too much night life, or worries?

Author:	freetime [ Fri Nov 19, 2010 5:18 pm ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
Watch out what you say. I agreed with someone else who said the same thing and Sparks didn't like it one bit. But it's true. I'd say it could be worries. He owes a fortune in taxes, last time I looked was being sued by several people for unpaid bills including his wedding reception, and is going through another divorce.

Author:	Moby Grape [ Sat Nov 20, 2010 8:50 am ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
justcallmetommy wrote: Any takers on this? That's easy. Since DUMBO and the democrats have been in charge, democrat politicians across the country are no longer required to pay taxes. Of any kind. Sure, they can if they feel like it, but it's not mandatory. where the hell have you been?

Author:	mike3775 [ Sat Nov 20, 2010 11:11 am ]
Post subject:	Re: McDermott Sr owes $91,900 in property taxes No Sheriff Sale?
Its time to drop the waiting period for selling, if you miss a payment, you have until the next one is due, miss that, tax sale. No more waiting years.

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