Greenwood, IN Business Licensing & Operations: Secondhand Dealers (2026)
Key Facts
- Covered activity
- buying/selling/trading used goods for business
- Key exclusions
- garage/estate sales, thrift, occasional sellers
- Application fee
- $50 nonrefundable
- Annual fee
- $25, expires December 31
- Records
- kept 2 years, reviewed by police
- Holding period
- acquired items held 7 days minimum
- Penalty
- up to $2,500 per offense, plus revocation
Summary
In the City of Greenwood, Indiana, anyone engaged in buying, selling, trading, or otherwise acquiring used goods and merchandise for business purposes must get a Second Hand Dealer license from the City Controller under Greenwood General Ordinances § 4-158.1 and § 4-158.2(a). Garage sales, estate sales, thrift and consignment stores, and pawn shops are excluded from the definition.
SECOND HAND DEALER. Any person, partnership, association or corporation who engages in buying, selling, trading or otherwise acquiring or purchasing used goods, items and merchandise for business purposes. Excluded from this definition shall be: garage sales; estate sales; ... used book stores; thrift stores; consignment stores; ... and pawn shop dealers, second hand watch dealer, used jewelry dealer, precious metal dealer or valuable metal dealer as defined in this Division. ... (b) Application for such license shall be in writing ... Each applicant shall pay a non-refundable application fee in the amount of Fifty Dollars ($50.00) to cover the City’s costs of processing the application. ... The licensee shall keep and use in her or her business, books, accounts, and records pertaining to all items of merchandise purchased, pledged or traded ... Every licensee shall preserve such books, accounts, and records for at least two years after making the final entry on any loan, pledge or purchase recorded therein.
Full Breakdown
Section 4-158.1 defines SECOND HAND DEALER broadly as any person, partnership, association, or corporation that buys, sells, trades, or otherwise acquires used goods, items, and merchandise for business purposes, then carves out a long list of exclusions: garage sales, estate sales, transient vendor sales lasting no more than 24 hours, sales by federally tax-exempt organizations, businesses that only occasionally buy used goods totaling under $5,000 a year, used book stores, thrift and consignment stores, used toy, sporting goods, or clothing stores, used autos, watercraft, and farm equipment, antique stores and malls, and pawn shop, watch, jewelry, precious metal, and valuable metal dealers, which are licensed separately under the same Division.
Section 4-158.2(a) makes operating as a Second Hand Dealer without a City license unlawful, and subsection (b) requires the applicant to show proof of being at least 18, submit two 2-inch by 2-inch photographs, fingerprints, a national Identity History Summary Check, and disclosure of any prior license revocation or criminal conviction, plus a $50 nonrefundable application fee. Section 4-158.3 routes the application through the Police Chief for review before the Controller issues an annual license expiring every December 31 for a $25 fee. Section 4-158.7(a) requires the licensee to keep books, accounts, and records of every item purchased, pledged, or traded, preserved for at least two years, and Section 4-158.9 requires acquired property to be held intact for at least seven days before resale.
Violations & Fines
Violating any part of Division XIII draws a fine of up to $2,500 per offense under Section 4-158.5(a), with each day of a continuing violation counted as a separate offense. The Board of Public Works and Safety can also revoke the license after at least twenty days' written notice and a hearing at which the licensee may present evidence and appeal an adverse decision to the courts of the state.
Frequently Asked Questions
Does a Greenwood secondhand or thrift shop need a City license?
What must a secondhand dealer submit to get a Greenwood license?
How long must a Greenwood secondhand dealer hold items before reselling?
What records must a Greenwood secondhand dealer keep?
Sources & Official References
Other rules in Greenwood
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