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SRI Incorporated (Zeus Auction / SRI Tax Sale)

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SRI Incorporated (Zeus Auction / SRI Tax Sale)

Vendor profile — informational, not an endorsement. SRI Incorporated is a private, for-profit tax-sale services vendor. This page describes how the platform works for due-diligence purposes. The wiki is not affiliated with, sponsored by, or endorsed by SRI Incorporated, and does not recommend any auction platform over another.

Overview

SRI Incorporated (also operating as SRI Services, Inc.) is an Indianapolis-based company that administers delinquent-property tax sales, commissioners’ certificate sales, and related sales on behalf of county governments. The company’s stated address is 8082 Bash Street, Indianapolis, IN 46250, with a published contact line of 800-800-9588 (fax 317-842-5948). SRI describes its work as including tax sales, sheriffs’ sales, and commissioners’ deed and certificate sales.

SRI runs sales in two modes:

  • Live (in-person) auctions — bidders pre-register and bid at the county.
  • Online auctions — conducted on SRI’s web auction platform, zeusauction.com (“Zeus Auction”), under the electronic-sale authorization of IC 6-1.1-24-2(b)(10).

The company also publishes property lists and a bidder knowledge base at sriservices.com and county auction detail pages at properties.sriservices.com.

Where it’s used

Indiana — confirmed. SRI conducts tax sales and certificate sales for a large number of Indiana counties. Verified from official county sources retrieved for this page:

  • Hancock County — 2026 tax sale held online at zeusauction.com, “conducted by SRI Inc.” (Hancock County official site).
  • Porter County — tax/certificate sale managed by “SRI Incorporated of Indianapolis,” with the county linking to properties.sriservices.com/countyDetail?stateName=IN&countyName=Porter (Porter County official site).
  • Hamilton County — county directs bidders to register at sriservices.com; “This registration is good for all counties that SRI services” (Hamilton County official site).
  • Noble County — 2025 official notice states the sale “will be conducted as an electronic sale under IC 6-1.1-24-2(b)(10) at www.zeusauction.com,” with registration at sriservices.com (Noble County / in.gov notice).

SRI is commonly described (including in SRI’s own marketing) as serving the large majority of Indiana counties and as operating in additional states. The specific roster of non-Indiana states and the “90%+ of Indiana counties” figure could not be confirmed from an official SRI page actually retrieved for this page (the SRI auction-list and properties pages are client-rendered and returned no readable content). See needs_verification.

▸ For Investors / Operators — Indiana sales transfer a tax sale certificate, not a deed; possession and marketable title require completing the statutory notice-and-petition path (see How it works). Confirm the sale mode (Zeus online vs. live), the county’s payment deadline, and the IC 6-1.1-24-5.1 entity-registration requirement before bidding.

How it works

Mechanics below are for Indiana county tax sales as documented in SRI’s Lien Buyer Handout and Indiana Code; individual counties may vary terms.

Registration

  • Live sales: register at sriservices.com (account valid across counties SRI services), or register in person the morning of the sale; SRI staff typically arrive ahead of the start time. Bring a completed registration form and IRS Form W-9 and a valid government photo ID.
  • Online sales: create an account and register for the specific county sale at zeusauction.com before the auction closing deadline.
  • Business entities must, per IC 6-1.1-24-5.1, provide a current-year Certificate of Existence (or Foreign Registration Statement) from the Secretary of State to the county treasurer.

Bidding method

  • SRI uses an open auction (overbid) format. The minimum bid is set by statute and advertised locally; it represents the lowest amount acceptable by law and (for tax sales) generally includes the property taxes due and payable in the year of sale. The certificate is awarded to the highest bidder, subject to acceptable payment. The amount bid above the minimum is the “overbid” / surplus portion.

Payment

  • Payment terms and deadlines are set by each county, not by SRI. County-published terms seen for 2026 (Hancock County) require cash, cashier’s check, certified funds, or wire transfer — no personal checks, with full payment due shortly after the sale (Hancock set noon EST the following Monday).
  • A lien buyer who fails to pay the amount bid owes a civil penalty of 25% of the bid (IC).

What the buyer receives — certificate, then deed

  • After payment, the buyer receives a tax sale certificate (“certificate of sale”). A certificate does not convey ownership and gives no right to possession until a tax deed is issued by court order.
  • Redemption period: one (1) year after the sale date.
  • Redemption payout to the lien buyer: 110% of the minimum bid if redeemed within 6 months, or 115% if redeemed after 6 months but within 1 year; plus a refund of the overbid (amount above minimum) plus 5% per annum on that overbid; plus properly filed Form 137-B costs and subsequent taxes paid (subsequent taxes earn 5% per annum). Codified at IC 6-1.1-25-2.
  • Post-sale notice: within 6 months of the sale the buyer must give notice (per IC 6-1.1-25-4.5) to the owner of record and persons with a substantial public-record interest. Failure forfeits the right to a refund.
  • Tax deed: if not redeemed, the buyer must, after the redemption period but within 3 months of its expiration, file a verified petition (IC 6-1.1-25-4.6) asking the court to direct the county auditor to issue a tax deed. Missing this 3-month window terminates the lien.

Practical notes

  • Buyer-beware, as-is sale. Per IC 6-1.1-24-10, the only county warranty is that the listed taxes were delinquent and the property was eligible for sale. SRI’s handout warns a tax deed “may not convey insurable or marketable title.”
  • Two different sale types. Indiana tax sales (IC 6-1.1-24) and commissioners’ certificate sales (IC 6-1.1-24-6.1) have different minimum-bid bases and redemption mechanics; confirm which one a given county is running. SRI administers both.
  • Reimbursement requires Form 137-B. Attorney’s fees, notice costs, title search, and subsequent taxes are only reimbursable on redemption if a Form 137-B is filed with the auditor before redemption; it cannot be filed earlier than 30 days after the sale.
  • County controls money and results. Payment terms, deadlines, and results distribution are county-specific (e.g., Porter County releases results only in person at the Auditor’s office). Direct payment questions to the county treasurer, not SRI.
  • Platform fees: any zeusauction.com buyer’s premium or technology fee was not confirmed from a retrieved official page. See needs_verification.

▸ For Former Owners — Where SRI runs the sale, the overbid (the amount a buyer paid above the statutory minimum) is part of what is refunded on redemption and can be part of surplus if the property is not redeemed. Your redemption and surplus rights run on statutory deadlines tied to the sale date — see your state/county page.

Sources

needs_verification:

  • Complete list of non-Indiana states where SRI operates (official SRI auction-list / properties pages are client-rendered and returned no readable content on retrieval).
  • The “serves 90%+ of Indiana counties” figure (SRI marketing claim; not confirmed from a retrieved official SRI page).
  • Any zeusauction.com buyer’s premium / technology / convenience fee.
  • Whether deposit pre-authorization is required to bid on Zeus (registration steps were retrieved; a deposit requirement was not stated on retrieved pages).

Disclaimer. This page is legal/operational information, not legal advice, and is not a recommendation of any vendor. It is not affiliated with, sponsored by, or endorsed by SRI Incorporated. Platform terms, fees, and participating counties change; verify current details on the platform’s own official pages and with the relevant county office before acting. For advice on a specific situation, consult a licensed attorney in the relevant jurisdiction.

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