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[ATG] AG Zoeller seeks rightful owners of $48 million
Start Date: 5/8/2014Start Time: 12:00 AM
End Date: 5/8/2014
Entry Description
GARY, Ind. — Residents in Northwest Indiana have millions of dollars that’s been forgotten - $48,698,949 to be exact. Indiana Attorney General Greg Zoeller stopped by Ivy Tech Community College in Gary 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. “With over $400 million to be claimed and more than $48 million in Northwest Indiana alone, it is my goal to make sure this money finds its way back to the rightful owners.”

Making a claim with the Attorney General’s Unclaimed Property Division is free and easy. Zoeller encourages all Hoosiers to visit 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 70,000 new properties valued at nearly $11 million dollars were reported and originate from the five county Northwest Indiana region. This 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 the Northwestern region are listed below:

County 2013 Property Totals Total $ Value added in 2013 Total $ Value Claimable
Jasper 2,806 $240,399 $789,914
La Porte 8,856 $1,215,572 $5,590,463
Lake 44,086 $7,995,110 $34,854,988
Newton 635 $76,196 $381,667
Porter 13,727 $1,459,808 $7,081,917
Grand Total 70,110 $10,987,085 $48,698,949

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 $60.6 million in unclaimed property. Last year, nearly $5.3 million was returned to individuals with last known addresses in Northwest 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 the Northwest Indiana region only.

County Newspaper Dates of Publication
Lake THE MUNSTER TIMES May 8 & May 18
LaPorte LAPORTE HERALD ARGUS May 10 & May 17
Porter CHESTERTON TRIBUNE May 6 & May 16

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 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: 317.234.8105
Entry Type:
Press Release
Entry Category:
  • Announcements
  • Category:
  • Goverment
  • Taxes & Finance
  • Agency Name
    Attorney General

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