Good in Deed: Bids at auction have property appraiser’s office processors working overtime
It was standing room only at Tuesday’s tax deed auction.
Deputy Clerk of Courts Kenny Downs estimated that about 75-85 people bid on tax deeds, some of which went for 10 times their listed price.
Tuesday’s auction is another example the fervor and intensity of Putnam County’s red-hot real estate market. Although land prices in Putnam have risen dramatically in recent years, they are still considered a bargain, compared to the rest of the state.