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<br />NOTICE TO BIDDERS <br />SALE OF CITY-OWNED PROPERTY <br />Notice is hereby given that the City of South Bend, Indiana, through its Board of Public Works, is <br />offering for sale the following parcel of real estate located in South Bend, Indiana. <br />2352X/DbmjgpsojbBwf/-TpvuiCfoe-JO57739 <br />Address: <br />129.21:1.4947 <br />Parcel No. <br />Mpu395WbttbsQl <br />Legal Description: <br />This parcel is being sold under Indiana Code 36-1-11-5, where authority is granted to the <br />Board of Public Works to sell abutting parcels of land to homeowners with properties in good <br />standing, who may wish to acquire that property, all in the best interests of the City. <br />The Board of Public Works has determined that the highest and best use of the property is its sale <br />1/17 <br />to an abutting land owner – the parcel is approximately acres, a configuration that <br />appears to best be suitable for use by an abutting landowner which offers an opportunity <br />to consolidate adjacent parcels that have common ownership; and the cost to the public <br />of maintaining the tract over its lifetime equals or exceeds the estimated fair market value of <br />2-611 <br />the tract. The tract’s assessed value is $ for property tax purposes. <br />Tracts with an assessed value less than $6,000.00 based on the most recent assessment of the <br />2-261 <br />tract are not required to be appraised. The minimum offering price is $ . Bidders will <br />also be responsible for the cost of advertising, a sales disclosure form, transfer, and <br />recording upon a successful negotiation and sale of the tract. The cost of advertising is <br />estimated at $140.00, a sales disclosure form is estimated at $10.00, transferring is estimated <br />at $5.00, and recording is estimated at $26.00. <br />In compliance with Indiana Code 36-1-11-16, this parcel may not be sold to a person who <br />owes delinquent taxes, special assessments, penalties, interest or cost directly attributable to a <br />prior tax on a tract of real property listed under Indiana Code 6-1.1-24-1. An offer to purchase <br />the parcel that is submitted by a trust must indentify each beneficiary of the trust and settler <br />empowered to evoke or modify the trust. <br />(Insert Date & Time Bids are due) <br />BOARD OF PUBLIC WORKS <br />Linda Martin, Clerk <br />Publish () Time <br />(Insert requested Publication Dates) <br /> <br />