IRS Auction - Sales Ad for New York Mills, MN

FAQ| Search| IRS Auction Home| Treasury Home Page| Previous Page

NOTICE OF JUDICIAL SALE

Under the authority in Title 28 U.S.C., Sections 2001 and 2002, the property described below will be sold pursuant to a Judgment and Order of Sale entered March 28, 2008 in United States v. The Taxpayers, Civil No. 07-1187 MJD/RLE, United States District Court for the District of Minnesota.

Date:

To Be Announced

Time:

To Be Announced

UPDATE - SALE POSTPONED UNTIL FURTHER NOTICE

Sale Location:

650 W. Centennial 84 Drive, New York Mills, Minnesota

Title Offered:

Only the right, title, and interest of The Taxpayers in and to the property will be offered for sale.

Description of Property:

Locally known as 650 W. Centennial 84 Drive, New York Mills, Minnesota - consisting of approximately 61 acres.

Legal Description:

See Link Below

Minimum Bid:

$138,780.00

Click here for Mail-in Bid Form
This file will need Adobe Acrobat Reader. If your browser is not configured for pdf files the Adobe Acrobat Reader is free to download.

Click here for Legal Description
This file will need Adobe Acrobat Reader. If your browser is not configured for pdf files the Adobe Acrobat Reader is free to download.

Click here for Order of Sale
This file will need Adobe Acrobat Reader. If your browser is not configured for pdf files the Adobe Acrobat Reader is free to download.

Click here for photos of property

The Terms of Payment:

See Below

Form of Payment:

See Below

TERMS AND CONDITIONS OF SALE:

The sale of the Properties shall be free and clear of the interest of Taxpayers.

The sale shall be subject to building lines, if established, all laws, ordinances, and governmental regulations (including building and zoning ordinances) affecting the Property, and easements and restrictions of record, if any;

At the time of the sale, the successful bidder(s) shall be required to deposit with the IRS $ 10,000 by certified or cashier’s check or cash payable to the United States District Court for the District of Minnesota, immediately upon the Property being struck off and awarded to the highest bidder. Before being permitted to bid at the sale, bidders shall display to the IRS proof that they are able to comply with this requirement. No bids will be received from any person(s), who has not presented proof that, if they are the successful bidder(s), they can make the payment required by this order of sale.

The balance of the sale price shall be tendered to the IRS by certified funds, payable as indicated above, no later than thirty (30) days after the sale is confirmed by the Court.

If the bidder fails to pay the sales price in full, the Property shall be again offered for sale by the IRS without further permission of this Court, under the terms and conditions of this order of sale. The United States may bid as a credit against its judgment without tender of cash; and the sale of the Property shall be subject to the confirmation by this Court. On confirmation of the sale, all interests in, liens against, or claims to the property that are held or asserted by all parties to this action are discharged and extinguished.

The sale is ordered pursuant to 28 U.S.C. § 2001, and is made without right of redemption.
Form of Payment: All payments must be by cash, certified check, cashier’s or treasurer’s check or by a United States postal, bank, express, or telegraph money order. Make check or money order payable to the United States District Court for the District of Minnesota.

For additional information about the property and proposed sale, please contact the following office:

Name:

Dan Holmes

Title:

Property Appraisal & Liquidation Specialist

Bureau:

Internal Revenue Service

Address:

201 Tower Park Drive
Suite 102
Waterloo, IA, 50701

Phone:

515-491-1663

Email: