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NOTICE TO BIDDERS <br />SALE OF CITY-OWNED PROPERTY <br /> <br />Notice is hereby given that the City of South Bend, Indiana ("the City"), through its Board of <br />Public Works (the "Board"), is offering for sale the following parcel of real estate located in <br />South Bend, Indiana. <br /> <br />Address: 205 S. Illinois St., South Bend, IN 46619 <br />Parcel No. 018-4069-254701 <br />Legal Description: So 40 Ft Of No 80 Ft Lot 1028 La Salle Park 2nd Add <br /> <br />The City has received a petition to purchase the above described parcel of property, which is held by the <br />Board on behalf of the City pursuant to Indiana Code 36-9-6-3(a). The Board is offering the property for <br />sale to the highest bidder in excess of the minimum offering price or otherwise in accordance with Indiana <br />Code 36-1-11-5. <br /> <br />Tracts with an assessed value less than $6,000.00 based on the most recent assessment of the tract are not <br />required to be appraised. The tract’s assessed value is $3,600. for property tax purposes. The <br />minimum offering price is $3,250. Bidders will be responsible for the cost of advertising, a sales <br />disclosure form, transfer, and recording upon a successful negotiation and sale of the tract. The cost <br />of advertising is estimated at $100, a sales disclosure form is estimated at $20, transferring is estimated at <br />$10, and recording is estimated at $26. <br /> <br />In compliance with Indiana Code 36-1-11-16, this parcel may not be sold to a person who owes delinquent <br />taxes, special assessments, penalties, interest or cost directly attributable to a prior tax on a tract of real <br />property listed under Indiana Code 6-1.1-24-1. An offer to purchase the parcel that is submitted by a trust <br />must identify each beneficiary of the trust and settler empowered to evoke or modify the trust. <br /> <br />The address of the property as described above must be included in the subject line of the email to which <br />you have attached your bid. The name of the bidder, address, contact email address and phone number must <br />be included in the body of the email. Bids to purchase said parcel must include price bid for the property <br />plus an explanation of the bidder’s intended use of the property and be received electronically at <br />bpwbids@southbendin.gov on or before: <br /> <br />11/8/2022 <br />Bid Opening Date <br /> <br />BOARD OF PUBLIC WORKS <br />Theresa Heffner, Clerk <br /> <br />Publish Two (2) Times: <br />10/14/2022 <br />10/21/2022