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HomeMy WebLinkAbout#785- Deed; sheriffs - To City of South Bend-W half of Lot 4, Berst Sub.SHERIFF'S DEED to City of South Bend, West Half of Lot No. 4, Sex Sub Division, City of South Bend, more commonly known as 719 W. J f �t1L�� ��i98Y MAIL DEED TO: MAIL TAX BILLS TO: Kirt L, Edly nano ....- 1............--. "" 120 Garfield Court AUDITOR'S RECORD South Bend, IN 46601 8924252- Transfer No. Taxing LInit EED Date. D 0 V6 W CIVIL CITY OF SOUTH BEND,'INDIANA, a municipal corporation the Grantor Release and Ouit-Claim to Kirt L. Edly the Grantee for and in consideration of Two Hundred Seventy-F'ive Dollars ($275.00) and other good and valuable consideration the receipt of rvhich is hereby acknowledged, Real Estate in S�t. Joseph County, in the State of Indiana I , described as folloups: West Half of Lot Number 4, B,erst Subdivision, City of South Bend, Indiana and more commonly known as 719 West Jefferson Boulevard, South Bend, Indiana. Subject to covenants, restrictions and easements of record. Grantor certifies under oath no Indiana gross income tax due or payable with this transaction. L)ULY ENI'ERLD FOR TAXA11UN BEVERLY D. CRONE AUDITOR —n ST. JOSEPH GO, INDIANA Signed and dated on State of -Indiana--, -at—losp-ph-- County, ss: Before me, Me undersigned, a Notary Public in and for said County and State, pmonally appeared� Joseph E. Kernan and Irene K. Gammon, known to me to be the Mayor and City Clerk of the Civil City of South Bend, a municipal corporation of the State of Indiana Typed F-04 5, rx" and acknowledged the excrution of the foregoing deed on A u&,ust-,28 ey 89 Typed o, Notary Public A. Th reAibbens 4 Qr�___u -LqR2— �,a,.Wsiud V# o TYPE pr psi»art Warns prcpa ty enny Pitt- Monier Assistant Cit Attorney. South "— Indiana Sheriff of St. Joseph County to City of South Band 7=� Deed on Decree Duty Entered for Taxation, Auditor. By Deputy. Received for Record This day,,- A. D., o'clock M. and recorded in Ree'o� page Recordeilf. e Uounfy. Deputy. By w w o o op o 2, 2 w a`Cz o o o a o' 9 n o w o6t o I w �w C moo Ln o & o- al � o T o 'J o. o z w 4� to O� I rrcwN o .1 10 AN APPRAISAL OF REAL PROPERTY: 719 W. Jefferson Boulevard South Bend, Indiana 46625 June 22, 1989 For: Ms. Sandra Parmerlee, Clerk Board of Public Works City of South Bend South Bend, Indiana 46601 I I June 22, 1989 Ms. Sandra Parmerlee, Clerk Board of Public Works City of South Bend South Bend, Indiana 46601 Dear Ms. Parmerlee: At your request, I have completed an appraisal of a property located at 719 W. Jefferson Boulevard, South Bend, St. Joseph County, Indiana. This property is owned by the City of South Bend and the proper,ty rights appraised are all those accruing to the fee simple ownership. The purpose of the appraisal is to estimate the market value of the subject property as of the appraisal date. Subject to the Assumptions and Limiting Conditions as set forth in the attached report, it is my opinion 'that the current market value of the subject is: Two Hundred Seventy -Five Dollars . . . . . . . . $275.00 I hereby certify that I have made a personal inspection of the subject property and -that the value estimate applies to June 21, 1989. The value reported is based upon prevailing conditions at the time of the appraisal and is subject to change with changes in economic conditions and the passage of time. Respectfully submitted, B. DAVID HUNT[ZGTON AND ASSOCIATES, INC. 4.GTON, A I _ Bruce D. Hunting, n Appraiser Investment Analysis » Feasibility Stndies - Market Analysis" Appraisals 1520 North Main Street • Mishawaka, Indiana 46545 - (219) 255-2130 SUBJECT PROPERTY 719 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46625 STREET ADDRESS OF SUBJECT: 719 W. Jefferson Boulevard, South Bend, Indiana LEGAL DESCRIPTION: West Half of Lot No. 4, Berst Subdivision, City of South Bend, Indiana and more commonly known as 719 W, Jefferson Boulevard, South Bend, Indiana This description of 719 W. Jefferson Boulevard is taken from an Indenture Deed #785 recorded as document numbered 18630 in Book 799, page 457 in the Office of the Recorder, St. Joseph County, Indiana. GENERAL COMMENTS: Subject is a cleared vacant lot in an area of single family residences. ASSESSED VALUE: $220 OWNER: City of South Bend LOT SIZE: 28.545' x 159.72' ZONING: B - Residential KEY NO. 18--3050--1941 AREA: 4,559.2 square feet INDICATED VALUE PER SQUARE FOOT: Comparisons suggest a market value of $0.06 per square foot. INDICATED VALUE OF SUBJEM: Two, Hundred Seventy -Five Dollars ,,, $275.00 ASSUMPTIONS AND LIM.ITING CONDITIONS No responsibility is assumed for matters which are legal in nature, nor is any opinion of title rendered. "Title is assumed to be marketable in the fee simple. Other than stated, the value estimate is given without regard to any questions of boundaries, title, encumbrances or encroachments and the appraiser assumes no obligation in these matters. All information and comments concerning location, neighborhood, trends construction quality and costs, obsolescence, condition, rents or any other data regarding the property appraised represents the opinion of the appraiser after a careful investigation of the subject. Possession of -this report does not carry with it the right of publication nor may the same be used for any purpose by anyone other to whom it is addressed. I believe to be reliable the information which was furnished to me by others but assume no responsibility for its accuracy, While it is believed the information, estimates and analysis given and -the opinions and COuCILISions drawn therefrom are correct, the appraiser does not guarantee nor warrant -them and assumes no liability for any errors in fact, in analysis or in judgment. I have made no survey of the property and assume no responsibility for such matters. No engineering studies were made and no liability is assumed for soil conditions. Any legal, descriptions furnished to the appraiser are assumed to be accurate. a! ' - Bruce D. 4Hunt' gton Date CERTIFICATION: May 1972 B.A. Political Science, Pennsylvania State University May, 1982 M.A. Public Administration, Gannon University Aug_ 1976 Indiana Real Estate Commission, Broker's License �O b 6 - MAIL DEED Tor MAIL TAX BOLLS TO: Kirt L. Edly =';.` Z­ ­.— I... .. - I- 120 Garfield Court South Bend, IN 46601 8924252- AUDITOR's RECORD Transfer No. J 111 R g ,q 5"Y'Vp Taxing Unit CIVIL CITY OF SOUTH BEND,tINDIANA, a municipal corporation the Grantor Release and Quit-Clairn to Kirt L. Edly / the Grantee for and in consideration of Two Hundred Seventy -Five Dollars ($275. 00) and other good and valuable consideration the receipt of which is hereby acknowledged, Real Estate in St. Joseph County, in the state of Indiana , described as follows-: West Half of Lot Number 4, Berst Subdivision, City of South Bend, Indiana and more commonly known as 719 West Jefferson Boulevard, South Bend, Indiana. Subject to covenants, restrictions and easements of record. Grantor certifies under oath no Indiana gross income tax due or payable with this transaction. Ig DULY I AYA I 1UN 13EV'UIILY D. CRONE AUDITOR S-r, j D _pH Co. INDIANA lrn Signed and dated on State of ",.Indiana , St. JnScpl County, ss: Before tne, the undersigned, a Notary Pubhe in and for said County and State, personally appeared: Joseph E. Kernan and Irene K. Gammon, known to me to be the Eayor and City Clerk of the Civil City of South Bend, a municipal corporation of the State of Indiana and aknowledged the execution of the foregoing deed on Aup-ust,-28 '. 89, Notary Public sig..t.. Signature Typed ur printed' Il,arna Th • r,ego M. ibbens comnti6inofi o#rc yJLei t 1992 TypMd -p,i,kd --- pqy_P Prepare j.tts Manier. Assistant City Attorney, South'Bend, Indian " f r J F Ci � a �� ,r �� �� �� � ,R ���� �ti �. PURCHASE AGREEMENT THIS AGREEMENT, entered into this 3/Dkday of _ 1989, by and between Kirt L. Edly, hereinafter referred t1dJ as Oe "Buyer", and the Civil City of South Bend, a municipal coTporn fion of the State of Indiana, hereinafter referred to as the "City." WITNESSETH: WHEREAS, I.C. 36-1-11 establishes procedures for the sale and rental of real property owned by the City of South Bend; and WHEREAS, the Board of Public Works is empowered to carry out the provisions of said statute; and WHEREAS, the Board has determined that: 1. The highest and best use of certain real property owned by the City is by sale to an abutting landowner; 2. The cost to the public of maintaining said real property owned by the City equals or exceeds the established fair market value of said real property; 3. It is economically unjustifiable to sell said real property owned by the City in accordance with the procedures set forth in I.C. 36-1-11-4. WHEREAS, the Board has determined that the assessed value of said real property is less than TWO THOUSAND DOLLARS ($2,000.00); and WHEREAS, the Board appointed a licensed independent appraiser who appraised the particular real property; and WHEREAS, based upon the appraisal submitted, the Board has established an offering price for the property, and published notice of its intention to sell said property at said price; and WHEREAS, pursuant to I.C. 36-1-11-5, the Board is empowered to negotiate and sell said real property to the abutting landowner who submits the highest offer for said real property; and WHEREAS, the offer of the Buyer in the amount of Two Hundred Seventy -Five Dollars ($275.00), was offered and accepted as the best offer for said property. NOW, THEREFORE, it is agreed by and between the parties hereto, and for and in consideration of the premises and the mutual covenants herein contained, as follows: 1. The City agrees to sell and Buyer agrees to buy the following described property: West Half of Lot Number 4, Berst Subdivision, City of South Bend, Indiana and more commonly known as 119 West Jefferson, South Bend, Indiana for the sum of $275.00. 2- Buyer agrees to pay the purchase price and recording fee in full at the time of closing. 3. Buyer agrees to pay all title and abstract costs involved in said transaction which it shall desire or request. 4. At the time of closing and af ter a submission of a receipt for the total purchase price has been submitted by the Controller to the Board of Public Works, the Board shall cause a Quit -Claim Deed to be prepared, which deed shall be signed by the Mayor and attested to by the City Clerk with the Seal of the City affixed, which shall then be recorded with the St. Joseph County Recorder's office. 5. It is expressly agreed that all terms and conditions of this contract are included herein, and no verbal agreements of any kind shall be binding upon the parties, and this contract shall be binding upon all parties hereto, their heirs, administrators, executors, successors, and assigns. BUYER: CITY OF SOUTH BEND BY ITS BOARD OF PUBLIC WORKS KIRT L. EDLY I PATRICIA E. DECLERCQ S. KATHERINE HUMPHREYS NV*G**VW Sandra M. Parmerlee Clerk of the Board Date: -1 -,31 49 BPW2/PA-EDLY 2