What happens to properties if they do not sell?

When property is offered for sale under IC 6-1.1-24-5 and an amount is not received equal to or in excess of the minimum sale price, the county executive acquires a lien in the amount of the minimum sale price. When a county executive acquires a lien as described above, the county auditor shall issue a tax sale certificate to the county executive. When a county executive acquires a tax sale certificate, the county executive has the same rights as a purchaser. The county executive may offer the certificate for sale via public auction, pursuant to IC 6-1.1-24-6.1 , pursue title to the property, or simply retain the certificate.