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CITY OF SOUTH BEND, INDIANA <br />DISPOSITION OF VACANT CITY -OWNED PROPERTY <br />BOARD OF PUBLIC WORKS <br />Calculation of Offering Price <br />Date: 01/17/2017 <br />Property Address: _618-616 Sherman Ave. Tax I<ey# _018-1074-3129_ <br />Current assessed Value on County Tax Records: _$2, <br />Appraised Value (if required): N/A <br />(If Assessed Value is $6,000 or more an appraisal must be completed) <br />Estimated Appraisal Costs: <br />Estimated Title Insurance Fees: $150.00 (not included in Offering <br />Estimated Recording Fees: $30.00 (not included in Offering Price) <br />Other Considerations (specify): _Advertisement - $ <br />Less —Annual Maintenance Costs to City: _$480.00_(not included in offering price)_ <br />CALCULATED OFFERING PRICE: $2,190.00 <br />Pri ted Name and Signature of City Staff Member making calculation: <br />C' Debrah Jennings, Community Investment Associate I <br />