HomeMy WebLinkAbout#869- Deed; quitclaim- From Kapsalis to City of South Bend-Lot 26 as shown on Plat of J.F. Kirby's Add(a Boa 806PAIE444
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MAIL TO: City Attorney's Office, County -City COM�7g1fMA 1031, ST. JOSEPH COUNTY INDIANA BAR ASSOCIATION
SOUTH BEND, IND. AUDITOR'S RECORD
T,,,,fe, No. 6
Tt"'agU I M D E E D
Da � - / r
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This indenture witnesseth that JOHN A. KAPSALIS, owner of undivided one—half
interest as tenants in common with
Mike Kapsalis,
of ST. JOSEPH County in the State of INDIANA 19
Release and Quit -Claim to CIVIL CITY OF SOUTH BEND, a municipal corporation
I
Of ST. JOSEPH County in the State of INDIANA
for and inconsideration of One ($1.00) Dollar and other good and valuable consideration
the receipt whereof is hereby acknowledged, the following Real Estate in ST. JOSEPH County
in the State of Indiana, to wit:
Lot Numbered 26 as shown on the recorded Plat of J. F. Kirby's
Addition to the City of South Bend.
Subject to all existing real estate taxes, which taxes Grantee
assumes and agrees to satisfy.
Signed and dated this -? 0 -ttl —do,
State of Indiana, St. Joseph County, ss:
Before me, the undersigned, a Notary Public in and for said County JOHN A. KAPSALIS
and Stole, personally appeared: I
and
In ?,
Y.
At
JOHN A. KAPSALIS, owner of undivi-
ded one-half interest as tenants
in common with Mike Kapsalis.
fledged the execution of the foregoing deed.
"e"', I have hereunto subscribed my name and affixed
Seal, this —76--,6day of_:�__
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Seal
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MAIL TC� City Attorney's Office,
County —City
CO OM JIRIGT MAY 1153, ST,
C P ex.,
JOSEPH COUNTY INDIANA BAR ASSOCIATION
South Bend,
Indiana
AUDITOR'S RECORD
Transfer Nto___4_4_�_�
Taxing
17
Date
This indenture witnesseth that MIKE
KAPSALIS, owner
of undivided one—half
interest as tenants in common with
John A. Kapsalis.
of ST. JOSEPH County in the State of INDIANA
Release and Quit -Claim tO CIVIL CITY OF SOUTH BEND, a municipal corporation
of ST. JOSEPH County in the State of INDIANA
for and in consideration of One ($1.00) Dollar and other good and valuable consideration
the receipt whereof is hereby acknowledged, the following Real Estate in ST. JOSEPH County
in the State of Indiana, to wit:
Lot Numbered 26 as shown on the recorded Plat of J. F. Kirby's
Addition to the City of South Bend.
Subject to all existing real estate taxes, which taxes Grantee
assumes and agrees to satisfy.
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Signed and dated this d -7 _t- --day of_
—o-L-4- eta—
ta-7—_
State of Indiana, St. Joseph County, ss:
Before me, the undersigned, a Notary Public in and for said County
and State, personally appeared:
MIKE KAPSALIS, owner of undivided
one—half interest as tenants in
common with John A. Kapsalis.
and acknowledged the execution of the foregoing deed.
In witness whereof, I have hereunto subscribed my name and affixed
my official seal, this AlAlday of_&A4AL_ 19-
My commission expires_231__WM______
MIKE KA7PSALIS
This instrument was prepared by. Robert M. Parker, Ass
Seal
Seal
bov 806 ;,ALE 4
City Attorney, South Bend, In
umy fndaana B.r Ae.ciwi..
IL DEED TO
RIGINALD J. RUFFIN
311 Keasey Street
South Bend, IN 46618
MAIL TAX BILL5 TO,
SAME
9027848
R, I Wes D,FEE
, 9 C., I— A I
CIVIL CITY OF SOUTH BEND, a municipal corporation,
the Grantor
Release s and Quit -Claims to
REGINALD J. RUFFIN,e
...... ....
AUDITOR'S RECORD
Transfer No.
Taxing Unit
Date.
the Grantee
for and in consideration of One Dollar ($1. 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:
Lot Numbered Twenty—six (26) as shown on the
recorded Plat of J. F. Kirby's Addition to
the City of South Bend, Indiana.
Subject to all easements and restrictions of record.
Signed and dated on —
Indiana St. Joseph
State of —, County, ss:
Before me, the undersigned, a Notary public in and for said County
and State, personally appeared:
Roger O. Parent and Irene K. Gammon,
known to me to be the Mayor and City
Clerk.of the Civil City of South Bend,
A"Mi4icipal corporation of the State
of Indiana,
old 111nowledged , the execution of the foregoing deed on
Notary Public
Judith D. Hines, residing
in
Typed �a Deep ounty, Indi
November 13, 1987
My commission expires
Prepared by Thomas L. Bodnar, Chief Depu
Alarm
Building, SP14th
yuLy ENTERED FOR TAYATION'
JaEVERLY D. CRONE
AUDITOR 5T.JOSEe8 CO-
INDIANA
a
7-
7,7
IRENE K.
H W�6LERK
GAMMOk;C Ty —
typed or printed paint. ���'
Typ,di,ud,
sig.W
Typedmald....
Cityty Attorney, 1400'County—City
ylL
A-IM4, IN 40001.
Lot Numbered Twenty-six (261
recorded Plat of J. F. Kirb,
the City of South Bend, Ind'
for the sum of $260.00.
IFF
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Lot Numbered Twenty-six (26) as shown on the
recorded Plat of J. F. Kirby's Addition to
the City of South Bend, Indiana.
for the sum of $260.00.
OFFERING SHEET
ADDRESS: 307 Keasey
CITY DEED NUMBER: 869
KEY NUMBER: 18-7008-0323
ZONED: Residential
I11PROVEMENTS: City Sewer, Water, Curbs & Sidewalk
DIMENSIONS: 49.5' x 132' AREA: 6,534 s.f.
LEGAL DESCRIPTION: Lot Numbered Twenty-six (26) as shown
on the recorded Plat of J.F. Kirby's
Addition to the City of South Bend,
Indiana.
OFFERING PRICE: $260.00
Lot Numbered Twenty-six (26) as shown on the
recorded Plat of J. F. Kirby's Addition to
the City of South Bend, Indiana.
for the sum of $260.00.
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AN APPRAISAL OF REAL 11ROPERTY LOCATED NT:
307 East Keasey Street, South Bend,
St. Joseph County, Indiana
For: Ms. Sandra Paymerlee, Clerk
Board of Public Works
City of South Bend
South Bend, Indiana 46601
Submitted by: Bruce D. Huntington
Appraiser
B. DAVID HUNTINGTON & ASSOC., Inc.
1624 Sunnymede Ave.
South Bend, Indiana 46615
. . ... . ..
B . David Huntington & Ass
162,4 Sunnymede Avenue Associates, Inc.
South Bend, Indiana 46615
MS. SanClra Paniterlee, Clerk
Board of Public Gbrl_,s
CitY Of South Bend
South, Bend, lArliana 4660.1
Dear Ms. Parmerlee-
At your request, I have completed an appraisal of a property located
at 307 East Keasey Street, South Bend, St. Joseph Couxyty, lixiiana.
The property is owned, by -the City of South Bend and the property rights
appraised are all those accruing to the fee simple ownership. The
purpose of the appraisal is -to estimate the market value of the sub-
ject as of the appraisal date.
Subject to the AssLmnptions and Limiting. Conditions as set forth in
the attached report, it is my opinion that the current mari�,et value
of the subject is:
Two Hundred Si.xtv Dollars ($260.00)
I hereby certify that I have iimde a personal nspect o 0 th -
J c � i I'l f e sub
ject property and that the Value estimate applies to October 22, 1986.
The value reported is based upon p:t,evailing conditions at the time
of the appraisal and is o-object -to ckk-uige with changes in economic
conditions and the passage of time.
Respectfully
fitte
d,
Bruce D. Huntington
Appraiser
B. DAVID HUNTINCTON & ASSOCIATES, INC.
STREET ADDRESS OF SUBJECT: 307 East Reasey Street
South Bend, 1ndJ,zLnk1
LEGAL DESCRIPTION: lot Numbered lWanty-six (26) as shown an the recorded
Plat of M. Kirby"s Addition to the City of South
Bend,
SOURCE: Taken from Board of Works Deed #869
GEN1E4 AL COMMENTS: Subject is a cleared vacant lot in an area of single
family residences.
ASSESSED VALUE: $350
ONNER: City Of South Emend
LOT SIZE; 49.51 x 1321
ZONING: Residential
COMPARABLE SALES:
EEY C. 18-7008-0323
Price
Auddress Size Late, Price per S.f.
1034 W. Napier 4920 s,f, 9/23/83 $75.00 $0.02
1001 MaSalle 2760 s . f . 2/15/82 $200.00 $0.07
INDICATED VALUE PER SQUARE FOOT: Comparisains stiggest a market value of
$0.04 per square foot.
INDICATED VALUE OF SUBIECT: Two Hundred Sixty Dollars ($260,00),
No responsibility is ass-Luned for matters which a,re legal in mature,
nor is any opinion of title rendered. Title is aS,1311med to be Market-
able in the fee simple. Other than stated, the value estilmte is
given without regard to any questions of bom0mr.l.oss, 'title, encum-
brances or encroachments and thc:� qppra;isei,,, assumes no obligation in
these matters.
All information and comments concarning 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 sane 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 assi;ime no responsibility for its accuracy. While it is be-
lieved the information, estimates and analysis given and the opinions
and conclusions drawn therefrom are correct, the appraiser does not
guarantee nor warraixt than and assumes no liability for any errors in
fact, in analysis or in judgement.
I have made no survey of -the property and assume no re--,ponsibility for
mach 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.
Brac.,.e D. tiunta.ragton Date
r 490"NIN
blay, 1972 B.A. Political Science, Pennsylvania State University
May, 2982 M.A. Public Administration, Gannon University
Aug., 1976 Indiana Real Es,ti-zite Commission, Broker's License
0 0
PURCHASE AGREEMENT
THIS AGREEMENT, entered into this ��day of , 1986,
by and between REGINALD J. RUFFIN, hereinafter referred to as the
Buyer, and the Civil City of South Bend, a municipal corporation 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 pro-
cedures 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
SIXTY DOLLARS ($260.00), was offered and accepted as the best offer for
said property; and
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:
Lot Numbered Twenty-six (26) as shown on the
recorded Plat of J. F. Kirby's Addition to
the City of South Bend, Indiana.
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2. Buyer agrees to pay the purchase price in full at the time
losing.
3. Buyer agrees to pay all title and abstract costs involved in
transaction which it shall desire or request.
4. At the time of closing and after 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.
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.
CITY OF SOUTH BEND BY
ITS BOARD OF PUBLIC WORKS
llir,>-X—
Il W1
MICHA EL LL. VANCE
PATRICIA D G�LE"fG`5®
ATTEST:
.
ANDRA M. PARMERLEE
CLERK OF THE BOARD
BUYER:
J. -U i