Any explanation for not taking ownership of this home?

[Clayton Barnes]

I'm considering a property that is coming up in an upcoming tax sale and I'm very confused on the history. The property is in Indiana.

The tax lien on the house was purchased in 2015 by Empire 7 Portfolio LLC. However, they never petitioned to transfer the deed. Could anyone explain why a company might do this?

I'm concerned that they might have found some other significant liens that made the property unprofitable or something of the sort. I'm unsure how to determine this exactly. I've called a few title companies and they don't seem to work with tax sale properties, so I'm not sure what my best bet is for tracking this info down.

[Adrien C.]

Question 1- how do you know Empire 7 Portfolio purchased the tax lien in 2015? There are a number of reasons someone may not petition the court for the deed. Maybe the company dissolved. Maybe they didn't do the notification process correctly and didn't want to spend the extra time/money to re-do it correctly if even possible. Maybe they got several properties thinking some would redeem but only wanted a few. Who knows. But why they didn't redeem shouldn't affect your decision. 

As far as title, any title company can pull current title on a property. Don't confuse them saying it's a tax sale property because they will get confused. Just ask them to pull title work on an address. That will show you everything on title and what you're dealing with. But most of it shouldn't matter because tax sales clean up most stuff. I believe things like IRS liens have a right of redemption but everyone else should be cleaned off assuming you use an attorney who does the proper notification. 

Hope this helps. Text if you have more specific questions.