Failure to pay the delinquent notice or to sign up for the payments will jeopardize ownership of the property. The property will be certified to the Allen County Auditor before the next June 1 st for the fall property tax sale. Payments are due once a year, either on the 10 th of May or the 10 th of November. Projects assessed during the first six months of the year will be due in November. If an installment payment becomes delinquent one year and goes into the next year still unpaid, the total remaining unpaid balance becomes due and is certified to the Allen County Auditor before the next June 1 st for the fall property tax sale.
Interest is computed on the unpaid balance.
Barrett Law computes the interest as advanced interest and current interest due to the payment of bond holders. The interest is computed from the day the property is assessed, which is the day the Board of Public Works confirms the project at the final hearing. The Indiana Code states any property owner who signs up for installments is responsible for the first two years of interest even if they pay off in the first year. If a property owner pays off the bill after the second year, only the principal amount is due. You can request a pay-off bill any time you wish to do so.