IRS Auction - Sales Ad for Floyds Knobs, IN

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Seeking Guaranteed Bids

The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at: 8445 Navilleton Road, Floyds Knobs, IN 47119.

Date:

To Be Announced

Time:

To Be Announced

Description of Property:

Brick/stone ranch;Walk out finished basement, 2404 square feet, 3 bedrooms, 3 baths, attached 2 ½ car garage with 24’ x 32’ pole barn on 3 acre corner lot

Minimum Bid:

The minimum acceptable agreement to bid is $150,000.

Bid Note:

The Agreement to Bid must be received no later than March 10, 2010.

Click here for Agreement to Bid Form
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To redeem the property under (Section 7425(d) of the Internal Revenue Code or Section 2410 of Title 28 of the United States Code), the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the ´United States Treasury Department´ in the form of a cashier´s check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to Section 7506 of the Internal Revenue Code subject to any prior outstanding mortgages, encumbrances, or other liens that may be superior to the lien of the United States. Agreements to bid must be accompanied by the required deposit.

The Agreement to Bid and deposit should be sent to:

Name:

Cindy Savage

Title:

Revenue Officer

Bureau:

Internal Revenue Service

Address:

PO Box 1054
Stop 450
Louisville, KY, 40201

Phone:

(502) 572-2227

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