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AG Zoeller seeks rightful owners of $28 million

Residents in LaGrange County have a total of $735,321 in unclaimed property waiting. That total includes $200,564 added last year alone. An ad from the state’s Attorney General’s office on page 4 of today’s LaGrange Standard has a list of those in the county that state is looking to return unclaimed funds to.

In all throughout Northern Indiana, millions of dollars have been forgotten – $28,326,669 to be exact. Indiana Attorney General Greg Zoeller recently talked about the state’s unclaimed property program and showed people how to search for and claim what is rightfully theirs.

“For only the second time ever, more than $100 million 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 $28 million in North Central 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 or 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 1 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 44,000 new properties valued at nearly $6 million were reported and originate from the eight-county North Central 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.