'Economically feasible', for purposes of IC 34-55-6, means a finding by the court that:(1) a reasonable probability exists that with the use of auctioneer services a valid and enforceable bid will be made at the execution for a sale price equal to or greater than the amount of the judgment and the costs and expenses necessary to its satisfaction, including the costs of the auctioneer; and(2) no such probability exists without the use of an auctioneer.[Pre-1998 Recodification Citation: 34-1-39-1.5(b) part.]As added by P.L.1-1998, SEC.1.
Indiana Legal Code