Little Rock, AR – Contributed – The recent auction of tax-delinquent properties in Greene and surrounding counties raised almost $400,000, the Commissioner of State Lands announced.
The regional auction drew 99 registered bidders, who purchased 81 of 102 available parcels for $400,596.07. Results were as follows:
- Greene County: 38 parcels offered; 21 parcels sold; $94,641.67 total; $25,678.04 taxes collected
- Clay County: 29 parcels offered; 28 parcels sold; $72,628.26 total; $30,489.78 taxes collected
- Lawrence County: 19 parcels offered; 17 parcels sold; $76,013.93 total; $11,381.65 taxes collected
- Randolph County: 16 parcels offered; 15 parcels sold; $157,312.21 total; $11,065.71 taxes collected
The auctions offered real estate parcels with taxes delinquent since 2021.
“Most owners redeem their property by paying the delinquent taxes; we only auction a fraction of the parcels certified for delinquent taxes,” Commissioner Tommy Land said. “Of course, we hope property is redeemed if the owners want to keep it, but it is vital that the parcels return to the county’s active tax rolls.”
| ADD US ON GOOGLE NEWS: Click here to see more local news from Jonesboro Right Now
The COSL office disburses taxes and interest to the county, whether that money is collected through redemption or sale.
“Last year, the Commissioner of State Lands Office sent more than $24 million to school districts and county governments,” Land said. “Of that, $503,7343.24 went to these four counties, helping fund everything from roads to schools.”
Those turnback amounts were:
- Greene County: $211,045.87
- Clay County: $197,991.21
- Lawrence County: $73,213.19
- Randolph County: $21,483.97
Auction sales are final.
Unsold parcels may be redeemed online at www.cosl.org, using a credit or debit card, or owners can call 501-324-9422 to request a Petition to Redeem. Redemption does not grant ownership; it simply makes the taxes current.
Parcels that did not sell at the public auction will be available after 30 days and can be purchased through an online auction by viewing the Post-Auction Sales List at www.cosl.org.
| DAILY BRIEF: Sign up for the Jonesboro Right Now Daily Brief Newsletter
