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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 commercial property located at 501 MERIWETHER AVE., LOUISVILLE , KENTUCKY 40217. | |||
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| Date: | To Be Announced | ||
| Time: | To Be Announced | ||
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| UPDATE - DESCRIPTION OF PROPERTY HAS BEEN UPDATED | |||
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| Description of Property: | 1.36 ACRE ON MERIWETHER AT E. BURNETT AVE. 3200 SQ FT WAREHOUSE W/ LOADING DOCK AND CHAIN HOIST, BLOCK OFFICE BUILDING w/2100 SQ FT, STEEL STORAGE BLDG, & LARGE PARKING AREA – FULLY FENCED. CURRENT USE AS AN ELECTRICAL CONTRACTING BUSINESS; LOCATED NEAR I-65. RECENT APPRAISAL AT $250,000.00 ALL property taxes THRU 2009 have been paid. |
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| Encumbrances Note: | estimated 2008 and 2009 property taxes due of $10,000. | ||
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| Minimum Bid: | The minimum acceptable agreement to bid is $ 125,000.00 | ||
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| Bid Note: | The Agreement to Bid must be received no later than April 6, 2010. | ||
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Click here for Agreement to Bid Form
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| Click here for photos of property | |||
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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% ($25,000) 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. | |||
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| The Agreement to Bid and deposit should be sent to: | |||
| Name: | Jane Riley | ||
| Title: | Revenue Officer | ||
| Bureau: | Internal Revenue Service | ||
| Address: |
1500 Ormsby Station Ct. Louisville, KY, 40223 |
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| Phone: | (502) 420-1563 | ||
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| Available images for this Item | |||
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| View of Left Entrance | |||
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| Right Entrance | |||
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| Rear of Buildings | |||
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| View of Outbuilding | |||
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| Hoist - 5 Ton | |||
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| Reception Area | |||
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| Kitchen - Break Room | |||
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| For additional information, please contact Jane Riley | |||
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