Indiana § 32-29-7-9 - Sheriff prohibited from purchasing real estate at sheriff's sale; default of purchaser
Full text of Indiana Indiana Code § 32-29-7-9 — Sheriff prohibited from purchasing real estate at sheriff's sale; default of purchaser, with citation guidance and answers to common questions.
§ 32-29-7-9. Sheriff prohibited from purchasing real estate at sheriff's sale; default of purchaser
Sec. 9. (a) A sheriff or an agent of the sheriff making a foreclosure sale under this chapter may not directly or indirectly purchase property sold by the sheriff or the sheriff's agent. If the purchaser of property sold on foreclosure fails to immediately pay the purchase money, the sheriff shall resell the property either on the same day without advertisement or on a subsequent day after again advertising in accordance with this chapter, as the judgment creditor directs. If the amount bid at the second sale does not equal the amount bid at the first sale, including the costs of the second sale, the first purchaser shall be liable for:
(1) the deficiency;
(2) damages not exceeding ten percent (10%); and
(3) interest and costs;
all of which may be recovered in a court of proper jurisdiction by the sheriff.
(b) If the property is sold, the sheriff shall pay the proceeds as provided in IC 32-30-10-14. Every sale made under this chapter is made without right of redemption.
[Pre-2002 Recodification Citation: 32-8-16-5.]
As added by P.L.2-2002, SEC.14. Amended by P.L.45-2016, SEC.8.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 32-29-7-9
What does Indiana Code § 32-29-7-9 cover?
Section 32-29-7-9 ("Sheriff prohibited from purchasing real estate at sheriff's sale; default of purchaser") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 32-29-7-9?
A common citation format is "Indiana Code § 32-29-7-9" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 32-29-7-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.