Redemption and Deficiency Judgments in Indiana
Whether you can buy back your home after a foreclosure sale in Indiana, and whether the lender can sue for what's still owed.
Short answer: Before the sheriff's sale, any owner or part owner may redeem the property from the judgment by paying the judgment, interest and costs to the clerk (before the judgment goes to the sheriff) or to the sheriff (after). Ind. Code §§ 32-29-7-7, 32-30-10.5-8(a)
| Redemption after the sale | Before the sheriff's sale, any owner or part owner may redeem the property from the judgment by paying the judgment, interest and costs to the clerk (before the judgment goes to the sheriff) or to the sheriff (after). If the owner redeems, the sale may not go forward. The pre-suit notice must tell borrowers about this right to redeem before the sheriff's sale. Re-verified 2026-10-27. |
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| Deficiency judgments | An owner may, with the judgment holder's written consent, waive the waiting period before the sheriff's sale so the sale can proceed immediately; the consideration for that waiver is the judgment holder's waiver and release of any deficiency judgment against the owner. The general rules on deficiency judgments were not otherwise reviewed. Re-verified 2026-10-27. Source: Ind. Code § 32-29-7-5 |
More Indiana foreclosure & homeowner law
- How Foreclosure Works in Indiana
- Getting Your Home Back After a Tax Sale in Indiana
- All Indiana foreclosure & homeowner law rules
FAQ
Is there a right of redemption after foreclosure in Indiana?
Before the sheriff's sale, any owner or part owner may redeem the property from the judgment by paying the judgment, interest and costs to the clerk (before the judgment goes to the sheriff) or to the sheriff (after). If the owner redeems, the sale may not go forward. The pre-suit notice must tell borrowers about this right to redeem before the sheriff's sale.
Can the lender come after you for the rest of the loan after foreclosure in Indiana?
An owner may, with the judgment holder's written consent, waive the waiting period before the sheriff's sale so the sale can proceed immediately; the consideration for that waiver is the judgment holder's waiver and release of any deficiency judgment against the owner.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.