Indiana AG Looks For Owners of Nearly $150 Million
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndiana Attorney General Greg Zoeller says for only a second time ever, residents in central Indiana have accumulated more than $100 million in unclaimed assets. He says nearly $150 million has been turned over to his office for central Indiana alone. July 28, 2014
News Release
INDIANAPOLIS, Ind. – Residents in Central Indiana have millions of dollars that’s been forgotten – $148,849,355 to be exact.
Indiana Attorney General Greg Zoeller stopped by Ivy Tech Community College in Indianapolis today to talk about the state’s unclaimed property program and show people how they can search and claim what is rightfully theirs.
“For only the second time ever, more than $100 million dollars has been turned over to the state which means even more people have missing or forgotten money to claim,” Zoeller said. “Now with over $400 million to be claimed and more than $73 million in Marion County alone, it is my goal to try to make sure this money finds its way back to the rightful owner.”
Making a claim with the Attorney General’s Unclaimed Property Division is free and easy. Zoeller encourages all Hoosiers to visit www.IndianaUnclaimed.gov to search for their name, their relatives, neighbors and friends’ names. The Indiana Unclaimed Property database is also now mobile. Anyone can search for free through the mobile application — just use keyword Indiana Unclaimed to download. Business owners and charitable organizations should also check annually for unclaimed property.
Unclaimed property includes investment earnings, insurance proceeds and benefits, wages, and money from savings and checking accounts. Less than one percent of unclaimed assets are tangible, physical items, such as those found in safe-deposit boxes. It is important to note that unclaimed property does NOT include abandoned vehicles or real estate.
In 2013, more than 246,000 new properties valued at nearly $36 million dollars were reported and originate from the 32 county Central Indiana region. The money belongs to residents or former residents of the area or their heirs. The state holds these assets for 25 years after they are reported.
The total value and number of properties added to the Unclaimed Property database in 2013 and the sum of all unclaimed property from 2000 – 2013 from counties in Central Indiana are listed below:County, 2013 Property Totals, Total $ Value added in 2013, Total $ Value Claimable
-Bartholomew, 6,550, $891,987, $3,509,627
-Blackford, 806, $157,789, $545,025
-Boone, 4,637, $765,303, $2,268,479
-Brown, 567, $130,049, $376,106
-Carroll, 1,058, $163,131, $469,151
-Cass, 2,508, $381,574, $1,522,504
-Clinton, 2,351, $299,337, $1,196,947
-Decatur, 1,888, $229,343, $786,413
-Delaware, 9,144, $1,087,556, $5,148,820
-Fayette, 1,427, $180,401, $870,160
-Fountain, 1,047, $132,189, $608,324
-Grant, 4,318, $663,793, $2,741,129
-Hamilton, 22,961, $3,353,142, $12,169,277
-Hancock, 5,736, $959,293, $2,151,828
-Hendricks, 9,790, $974,856, $3,911,926
-Henry, 3,371, $377,979, $1,842,434
-Howard, 6,215, $802,227, $3,812,741
-Johnson, 12,827, $1,249,094, $4,946,028
-Lawrence, 3,046, $311,445, $1,347,904
-Madison, 10,141, $1,513,537, $6,866,303
-Marion, 100,502, $16,362,089, $72,936,948
-Miami, 2,107, $289,547, $1,460,653
-Monroe, 11,741, $1,887,403, $7,077,085
-Montgomery, 2,726, $438,738, $1,618,256
-Morgan, 6,351, $759,750, $2,531,841
-Owen, 1,281, $136,914, $585,943
-Putnam, 2,448, $290,100, $1,076,528
-Randolph, 1,479, $202,557, $954,648
-Rush, 1,281 $144,475, $546,406
-Shelby, 3,272, $350,044, $1,483,783
-Tipton, 870, $118,844, $577,950
-White, 1,731, $264,724, $908,188
Total, 246,177, $35,869,210, $148,849,355
In total, the state’s unclaimed property database holds more than $400 million in assets. In 2013, the Attorney General’s Office returned a record 97,000 properties totaling more than $60.7 million in unclaimed property. Last year, nearly $23 million was returned to individuals with last known addresses in Central Indiana.
Every year, the attorney general is required to advertise the list of unclaimed property turned over to the state during the previous year. The announcements run twice in a two week period in the newspaper closest to the last known address of the property owner.
Below are the listing dates for Central Indiana only:
Bartholomew, Columbus Republic, July 24 & Aug. 3
Blackford, Hartford City News, July 25 & Aug. 2
Boone, Lebanon Reporter, July 23 & Aug. 2
Brown, Nashville Brown County Democrat, July 23 & July 30
Carroll, Carroll County Comet, July 23 & July 30
Cass, Logansport Pharos-Tribune, July 24 & Aug. 3
Clinton, Frankfort Times, July 23 & Aug. 2
Decatur, Greensburg Daily News, July 25 & Aug. 2
Delaware, Muncie Star Press, July 24 & Aug. 3
Fayette, Connersville News-Examiner, July 24 & Aug. 2
Fountain, Attica Fountain County Neighbor, July 22 & July 29
Grant, Marion Chronicle, July 24 & Aug. 3
Hamilton, Noblesville Times, July 23 & Aug. 2
Hancock, Greenfield Daily Reporter, July 23 & Aug. 2
Hendricks, Hendricks County Flyer, July 23 & July 30
Henry, New Castle Courier Times, July 24 & Aug. 2
Howard, Kokomo Tribune, July 24 & Aug. 3
Johnson, Franklin Daily Journal, July 24 & Aug. 2
Lawrence, Bedford Times-Mail, July 24
Lawrence, Hoosier Times Network, Aug. 3
Madison, Anderson Herald-Bulletin, July 24 & Aug. 3
Marion, Indianapolis Star News, July 24 & Aug. 3
Miami, Peru Daily Tribune, July 24 & Aug. 2
Monroe, Bloomington Herald Times, July 24
Monroe, Hoosier Times Network, Aug. 3
Montgomery, Crawfordsville Journal Review, July 23 & Aug. 2
Morgan, Martinsville Daily Reporter, July 23
Morgan, Hoosier Times Network, Aug. 3
Owen, Spencer Evening World, July 23 & July 31
Putnam, Greencastle Banner Graphic, July 23 & Aug. 2
Randolph, Winchester News Gazette, July 23 & Aug. 2
Rush, Rushville Republican, July 22 & Aug. 1
Shelby, Shelbyville News, July 24 & Aug. 2
Tipton, Tipton County Tribune, July 25 & Aug. 2
White, Monticello Herald Journal, July 23 & Aug. 2
A public awareness campaign highlighting where Hoosiers can look for unclaimed property includes newspaper, radio, online and television ads.
The Unclaimed Property database can be searched 24-hours a day, 7 days a week at www.IndianaUnclaimed.gov.
The Unclaimed Property Division’s toll-free number: 1-866-462-5246
Source: Office of Indiana Attorney General Greg Zoeller