Frequently Asked Questions
  1. How does the Indy Land Bank maintain its properties?
    The Indy Land Bank utilizes two mowing contractors, one clean up contractor, and a boarding contractor to maintain its properties. The properties are mowed according to a schedule and are cleaned and boarded on an as needed basis. The as needed basis may be the result of a bi-annual inspection performed on all of the Indy Land Bank properties to ensure they are safe and secure or from a concerned citizen reporting a problem with the property.
     
  2. How do I report a problem with an Indy Land Bank property?
    Please notify the Indy Land Bank to report any problems concerning any properties owned by the Indy Land Bank. If the property is an Indy Land Bank property, a contractor(s) will be contacted to bring the property into compliance. If the property is not owned by the Indy Land Bank, the information will be forwarded on to the appropriate neighborhood liaison for immediate follow up.
     
  3. What properties may be acquired from the Indy Land Bank?
    For a complete listing of all the Indy Land Bank properties available for acquisition click here.
     
  4. What is the difference between acquiring property from the Indy Land Bank versus the Marion County Tax Sale?
    Property purchased from the Marion County Tax Sale is sold "as is" with all encumbrances attached. Property purchased from the Indy Land Bank comes with a clean title free of any encumbrances and is insured by a reputable title insurance company.
     
  5. How does a nonprofit or neighborhood development corporation acquire property from the Indy Land Bank?
    The nonprofit or neighborhood development corporation must first meet all the requirements of Ind. Code 36-7-15.1-15.1(b). If the corporation is eligible under Ind. Code 36-7-15.1-15.1(b), please access the home page to determine if the property the corporation is interested in acquiring is owned by the Indy Land Bank. The real property must be used for the purpose of providing low or moderate income housing or other development that will benefit or serve low or moderate income families. An application (click here for the applicable application) must be completed and submitted to the Indy Land Bank for review and processing.
     
  6. What are the permissible uses for vacant parcels acquired from the Indy Land Bank?
    The permissible use for the vacant parcel depends on its location. If it is in an area that is zoned for residential use, the parcel must be developed for residential use, unless another use has been approved for the parcel by the appropriate entity. Additional information may be found at the Division of Planning's website.
     

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