Opening of Bids - City Owned Property - 733 E. Indiana Ave.

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NOTICE TO ABUTTING PROPERTY OWNER SALE OF CITY-OWNED PROPERTY Notice is hereby given that the City of South Bend, Indiana, through its Board of Public Works, is offering for sale the following parcel of real estate located in South Bend, Indiana. 844F/JoejbobBwf/-TpvuiCfoe-JO57724 Address: 129.813:.2252 Parcel No. Mpu64'7Y51GuTxDpsMpu66JoejbobBwfBee Legal Description: This parcel is being sold under Indiana Code 36-1-11-5, where authority is granted to the Board of Public Works to sell adjacent parcels of land to homeowners with properties in good standing, who may wish to acquire that property, all in the best interest of the City. You are receiving this notice as an abutting property owner. The Board of Public Works has determined that the highest and best use of the adjacent property 1/19 is its sale to an abutting land owner – the parcel is approximately acres, a configuration that appears to best be suitable for use by an abutting landowner which offers an opportunity to consolidate adjacent parcels that have common ownership; and the cost to the public of maintaining the tract over its lifetime equals or exceeds the estimated fair market value of the 2-211 tract. The tract’s assessed value is $ for property tax purposes. 861 The minimum calculated offering price is $ . Bidders will also be responsible for the cost of advertising and recording upon a successful negotiation and sale of the tract. The estimated cost of advertising is $140.00, title insurance is estimated at $150.00, a sales disclosure form is estimated at $10.00, transferring is estimated at $5.00, and recording is estimated at $26.00. This parcel may not be sold to a person who owes delinquent taxes, special assessments, penalties, interest or cost directly attributable to a prior tax on a tract of real property listed under Indiana Code 6-1.1-24-1. An offer to purchase the parcel that is submitted by a trust must indentify each beneficiary of the trust and settler empowered to evoke or modify the trust. (Insert Date & Time Bids are due) BOARD OF PUBLIC WORKS Linda Martin, Clerk Publish () Time: (Insert requested Publication Dates)