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NOTICE OF PUBLIC AUCTION SALE - REDEEMED PROPERTY
 
Under the authority of section 7506 of the Internal Revenue Code, the property described below will be sold at public sale. The United States redeemed this property under the provisions of [section 7425 of the Internal Revenue Code] [section 2410 Title 28, United States Code] on July 10th 2008. The property was deeded to the United States on August 6th 2008. The sale will be by public auction to be held as follows:
 
 
Date:10/1/2008
Time:11:00 AM
 
Sale Location: 17671 Garvin Lane, Interlochen, MI 49643
 
Title Offered: See Info Below
 
Description of Property: Beautiful 2 1/2 Acre parcel with metal building just outside Interlochen, Michigan, close to Traverse City, Michigan.
 
Property May Be Inspected at:
SALE LOCATION
 
Legal Description: PARCEL 1: Part of the West ½ of the Southeast ¼ of Section 4, Town 26 North, Range 13 West, Inland Township, Benzie County, Michigan, bounded as follows: Commencing at the South ¼ corner of said section; thence N01°01`19”W along Burnt Mill Road and the North–South ¼ line, 1318.14 feet; thence N89°45’14”E, 746.43 feet to the point of beginning; thence N01°00’26”W, 443.22 feet; thence S89°26’08”E, 248.84 feet; thence S01°00’05”E, 444.60 feet; thence S89°45’14”W, 248.81 feet to the point of beginning. SUBJECT TO AND PRIVILEDGED BY A PRIVATE, NON-EXCLUSIVE EASEMENT 66 feet in width for ingress-egress and the construction and maintenance of public and private utilities, over and across part of the Northwest ¼ of the Southeast ¼, Section 4, Town 26 North, Range 13 West, Inland Township, Benzie County, Michigan, the centerline of said easement more fully described as: Commencing at the South ¼ corner of said section; thence along the North-South ¼ line and Burnt Mill Road, N01°01’19”W,1757.21 feet to the intersection of said easement centerline and point of beginning; thence along said centerline S89°26’08”E,995.34 feet to the point of ending of said easement.

Property Tax Identification No.: 10-08-004-009-25. Commonly known as 17671 Garvin Lane, Interlochen, Michigan 49643
 
Minimum Bid: $11,266.00
 
Click here for Mail-in Bid Form
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Click here for photos of property
 
The Terms of Payment: A deposit equal to 20 percent of the highest bid on the property is required. When the highest bid is tentatively accepted, the highest bidder must deposit $2,253.20 (20 % percent of the opening bid price) with the employee conducting the sale. If this amount is less than 20 percent of the highest bid, the balance of the required 20 percent deposit must be paid no later than one banking day after the bid is accepted. The balance of the purchase price must be paid in full no later than 14 calendar days after the highest bid is accepted.
 
Form of Payment: Payment of all required deposits and the balance of the purchase price must be made by certified, cashier´s or treasurer´s check drawn on any bank or trust company incorporated under the laws of the United States. Payment may also be made by any United States postal, bank, express or telegraph money order. All checks and money orders should be made payable to the United States Treasury.

If the highest bidder defaults in payment of the bid price, and the property is not sold for at least the amount of the highest bid, the bidder´s deposit will be retained pending final determination of the damages the Government sustained because of the bidder´s default. If damages are more than the amount of the bidder´s deposit, the bidder will be liable for the excess damages.
 
Prior Encumbrances are as follows:

2006 Delinquent Property Taxes, $1403.33
2007 Delinquent Property Taxes, $1046.73
2008 Current Summer Property Taxes, $234.97
Benzie County Treasure, 448 Court Place, Beulah, MI 49617.


The Government reserves the right to reject any and all bids and to withdraw the property from the sale.
 
For additional information about the property and proposed sale, please contact the following office:
Name:Robert Biluk
Title: PALS
Bureau: Internal Revenue Service
Address: 815 Saginaw Street
Flint, MI, 48502
Phone: 313-610-3661
 
Available images for this Item
View Inside Building  
View Inside Building
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View of Front of Building  
View of Front of Building
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Side & Rear of Building  
Side & Rear of Building
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For additional information, please contact Robert Biluk
Updated: 9/17/2008
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