The Platte County Tax Lien Sale for delinquent 2019 taxes was held on July 14, 2020. All property tax liens were sold at that time.
The Treasurer's office holds a tax lien sale every year in July. Any unpaid taxes are sold to the public, lottery style. The buyer then receives a Certificate of Purchase (CP) and then holds a tax lien on the property. They will hold that tax lien until such time as the property owner pays the taxes. At that time, the CP holder will receive their original investment back plus 3% interest plus 15% APR.
If the property owner does not pay the tax again the next year, the CP holder has the option to purchase the subsequent year's tax (sub) as soon as it becomes delinquent and does not have to wait until the tax sale.
If the CP holder continues to purchase the subs for a length of time, they can then begin the process of obtaining a Treasurer's Deed and take possession of the property. The length of time depends on the type of property. The redemption period for a land tax lien is 4 years; an improvement district is 4 years; irrigation assessment is 18 months.
Listings of delinquent properties will be advertised in the Platte County Record Times as well as on our website beginning three weeks prior to the sale. We do not mail copies of delinquent listings, a final copy will be made available the morning of the sale.
The sale will be lottery style, approximately the middle of July every year. You must be present to purchase tax liens - no liens are offered through the mail before or after the sale. A number will be drawn for each piece of property. If it is your number, you may choose to purchase or pass the property. Tax liens must be paid for the day of the sale. We accept cash, check, money order and most major credit cards.The original tax liens are held in our office. We will send copies at the lien holder’s request. The interest rate is 15% plus an additional 3% on the original year’s tax lien.
The sale is held in the Commissioners Room at the Platte County Courthouse, 806 9th Street in Wheatland.