Title Company Mistake - incorrect property tax amount

[Sriram Akkati]

Hi All,

Can anyone advise me? I really appreciate help here.

I bought a property in Indiana, Marion County on 3/9/2022 through a wholesaler, it was a cash deal.

At the time of closing, the title company generated the online tax statement from the county office and paid outstanding tax dues ($74 – special assessment for sewer code violation by the previous owner) towards the final closing.

As per the county office, tax assessment happened on 3rd week of march-2022. So title company missed in calculating the correct tax (2021 payable 2022) credits in the final closing statement.

Now I owe tax dues of ~$4500 (2021 payable 2022) to the county. Does anyone have this kind of experience in Indiana? Can anyone advise me the next steps? Can take legal help here? pls advise.

-Sri

[John Underwood]

Quote from @Sriram Akkati:

Hi All,

Can anyone advise me? I really appreciate help here.

I bought a property in Indiana, Marion County on 3/9/2022 through a wholesaler, it was a cash deal.

At the time of closing, the title company generated the online tax statement from the county office and paid outstanding tax dues ($74 – special assessment for sewer code violation by the previous owner) towards the final closing.

As per the county office, tax assessment happened on 3rd week of march-2022. So title company missed in calculating the correct tax (2021 payable 2022) credits in the final closing statement.

Now I owe tax dues of ~$4500 (2021 payable 2022) to the county. Does anyone have this kind of experience in Indiana? Can anyone advise me the next steps? Can take legal help here? pls advise.

-Sri

 So you owed the taxes. The title company shouldn't have to pay tax you owe. Just pay them. They are at least a tax deduction for you.