IA

Sale type

Iowa Code § 446.16(3)

“The delinquent tax lien transfers with the tax sale certificate, whether held by the county or purchased by an individual, through assignment or direct purchase at the tax sale.”

Redemption

Iowa Code § 447.9(1)

“After one year and nine months from the date of sale, or after nine months from the date of a sale made under section 446.18”

Interest

Iowa Code § 447.1(1)

“interest of two percent per month, counting each fraction of a month as an entire month, from the month of sale”

Bid method

Iowa Code § 446.16(1)

“The person who offers to pay the total amount due, which is a lien on any parcel, for the smallest percentage of the parcel is the purchaser”

Sale timing

Iowa Code § 446.7(1)

“Annually, on the third Monday in June the county treasurer shall offer at public sale all parcels on which taxes are delinquent.”