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AG Zoeller seeks rightful owners of $149 million dollars
Start Date: 7/31/2014 All Day
End Date: 7/31/2014
Entry Description

AG Zoeller seeks rightful owners of $149 million dollars

Lost and forgotten funds top $100 million just last year alone

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.

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 is 1-866-IN-CLAIM (1-866-462-5246). This is a free service of the Indiana    Attorney General’s Office.
Contact Information:
Name: jaime barb
Phone: 3172926841
Email: jaime.barb86@gmail.com
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  • IN.gov Category:
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