Arkansas

In State Info by TSL Admin


Primary Sale Type: Tax Deed arkansas
Secondary Type(s): OTC
Sale Date(s): Varies: set by taxing jurisdiction
Bid Type: Premium Bidding
Rate of Return: NA
Redemption Period: 30 days from date of sale
Over-the-Counter: www.cosl.org
Statute Section(s): AR Code of 1987 - Title 26, Sub Title 4, CH 37
State Website: www.arkansas.gov

State Overview:

There are 75 counties in the state of Arkansas.

County Directory

County Auction Dates & Lists

The two most populous areas in Arkansas are Pulaski (382,000+) and Benton (221,000+) County.

Search Demographics:

Arkansas is classified as a Tax Deed state, no liens are sold. Tax sales are determined by the county and are held throughout the year. OTC sales are referred to as 'Negotiated Sales' in Arkansas.

Auction Process / Redemption:

Auctions typically from April to September. To view upcoming auctions Click Here. Tax sales are usually conducted in or in front of the county courthouse building or any other county owned buildings. Investors will need to register prior to the auction, although most counties will allow you to register the day of the auction. Upon registration investors will be given a bidding number which will be used in the auction. Once a property has been sold at public auction, the homeowner still has the 30 days following the date of the sale to redeem the property. Deeds are sold using the 'Premium Bid' system.

The starting bid on most deeds is required by state law to be the assessed value given of the property based on the county's assessment. The assessed value is approximately 20% of the properties actual value. When the amount is combined with the delinquent taxes from the previous years the beginning bid is usually 20% - 30% of the actual value.

Inside information: properties with assessed value over $4k ($2k starting in Nov.) have title search done by the Commissioner's department. This is available at your request for 50 cents a page.

State Resources:

Resource Description Instructions and Additional Information
COSL Commissioner of State Lands website. Includes dates and lists for all tax deed sales in Arkansas.
www.arcountydata.com Assessment data for many counties - 13 of which provide a free search. Look for the "Sponsored" counties.
www.actdatascout.com Assessment data for 21 Arkansas counties. NA