Dwayne Sawyer will replace Tim Berry, making Sawyer the first black Republican to hold a statewide office.
Governor Mike Pence says the person he selects to replace the outgoing auditor will be someone who is a viable candidate for the 2014 election.
Tim Berry's second term as state auditor would have ended in January 2015.
The Monroe County Auditor's race between Steve Saulter and Vivien Bridges has been tight and could be decided by the absentee ballots still being counted.
The state gave 58 counties a $500,000 that should have gone to other counties because of a mistake from the auditor's office.
More property owners are paying their tax bills on time, after a four-year flood of properties being ordered into tax sales.