Indiana Code
Chapter 15. Sales, Mortgages, Leases, Exchanges─personal and Real Property
29-1-15-3. Payment of Claims, Expenses, and Taxes; Distribution of Estate

Sec. 3. Subject to the provisions of IC 29-1-7-15.1 concerning the sale of real property, any real or personal property belonging to an estate may be sold, mortgaged, leased or exchanged under court order when necessary for any of the following purposes:
(a) For the payment of claims allowed against the estate.
(b) For the payment of any allowances made under IC 29-1-4-1.
(c) For the payment of any legacy given by the will of the decedent.
(d) For the payment of expenses of administration.
(e) For the payment of any gift, estate, inheritance or transfer taxes assessed upon the transfer of the estate or due from the decedent or the decedent's estate.
(f) For making distribution of the estate or any part thereof.
(g) For any other purpose in the best interests of the estate.
Formerly: Acts 1953, c.112, s.1503; Acts 1973, P.L.287, SEC.8. As amended by Acts 1979, P.L.268, SEC.6; P.L.184-2021, SEC.5.

Structure Indiana Code

Indiana Code

Title 29. Probate

Article 1. Probate Code

Chapter 15. Sales, Mortgages, Leases, Exchanges─personal and Real Property

29-1-15-1. Priorities; Wills; Orders of Court

29-1-15-2. Powers Under Will; Optional Procedure

29-1-15-3. Payment of Claims, Expenses, and Taxes; Distribution of Estate

29-1-15-4. Order Not Granted; Bond Given by Interested Person

29-1-15-5. Credit Sales

29-1-15-6. Purchasers, Mortgagees, Pledgees, or Lienors; Allowance of Claims

29-1-15-7. Collateral Attack; Irregularity in Proceedings

29-1-15-8. Petition; Stock; Bonds; Securities

29-1-15-9. Perishable Properties; Family Allowance; Title to Property; Approval

29-1-15-10. Unit Sales, Mortgages, or Leases

29-1-15-11. Petition; Sale, Mortgage, or Lease of Real Property; Order of Court

29-1-15-12. Conflicting Titles; Process and Notice

29-1-15-13. Court Order; Description of Property; Sequence of Parcels; Private Sale, Public Auction; Terms

29-1-15-14. Fair Market Value; Appraisal; Reappraisal

29-1-15-15. Real Property Sales; Notice

29-1-15-16. Repealed

29-1-15-16.5. Acquisition of Beneficial Interest in Real Property of Estate by Personal Representative

29-1-15-17. Execution of Conveyance or Lease; Certified Copy of Order; Power Given Under Will

29-1-15-18. Forms for Conveyances

29-1-15-19. Irregularity or Defect in Proceedings; Guardians; Good Faith Purchasers

29-1-15-20. Lien of State for Inheritance or Estate Taxes

29-1-15-21. Fees and Expenses

29-1-15-22. Platting Real Property

29-1-15-23. Exchange of Property; Terms and Conditions