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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: May 23, 2019 <br />Property Address: 1421 N. Medora St. Tax Key No. 018-2159-5849 <br />Current assessed value on County tax records: $ 1,300 <br />Appraised Value (if required): $ 2,400 (Steven W. Sante, MAI, SRA) <br />$ 300 Richard J. Svoboda <br />(If assessed value is $6,000 of more an appraisal must be completed) <br />Estimated Appraisal fees $ 400 (Sante) <br />$ 275 (Svoboda <br />Estimated Title Insurance fees: 15 <br />0 (not included in offering price <br />(Title Insurance must be obtained by the purchasing party) <br />Estimated Transfer, Sale's Disclosure Form, and Transfer fees: ._..$....4 ... ('not Incl. offer price) <br />i f <br />Other Considerations (specify): Advertisement $ 40-90 (not include offering price) <br />....o................�x . <br />Less Maintenance Costs to the City: $ 350 <br />Calculated Offering Price: $ 1,000 <br />Signature and Printed Name of City Staff Member making calculations: <br />Andrew Netter, DCI Property Development Analyst <br />