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 and 2004, the property described below will be sold pursuant to a Judgment and Order of Sale entered March 31, 2009 in United States of America v. Taxpayer, et al, defendants, Civil No. 07-cv-4087, United States District Court for the Northern District of Iowa, Western Division.     Date: 4/23/2010 Time: 10:00 AM   Open House: April 22, 2010, 1:00 - 3:00 PM   Sale Location: Automotive Services, 2306 N. Westport, Sioux Falls, SD   Title Offered: Only the right, title and interest of the Taxpayer, et al, in and to the property will be offered for sale.   Description of Property: 1) 1947 Red Indian Chief Motorcycle, VIN - CDG5320; Mileage – N/A 2) 2001 Blue Ford Pickup, VIN – 1FTNX21F01EB56253; Mileage - 135,879 3) 1991 Red Harley Davidson Motorcycle, VIN – 1HD1BJL46MY032735; Mileage - 16,747 4) 2004 Silver Toyota Sequoia, VIN – 5TDBT48A94S207851; Mileage - 66,023   Property May Be Inspected at: Open House, See Above   Inventory Note: These assets cannot be removed until the court confirms their sale.   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 Order Granting Relief From 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: 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 Northern District of Iowa.   TERMS AND CONDITIONS OF SALE: The property shall be sold free and clear of the right, title, and interest of all parties to this action and any successors in interest or transferees to those parties. The sale shall be subject to all laws, ordinances, and governmental regulations (including building and zoning ordinances) affecting the premises, and easements and restrictions of record, if any. At the time of the sale, the successful bidder(s) shall deposit with the PALS, by cash or certified or cashier’s check payable to the United States District Court for the Northern District of Iowa, a minimum of twenty (20) percent of the bid. Before being permitted to bid at the sale, potential bidders shall display to the PALS proof that they are able to comply with this requirement. No bids will be accepted from any person(s) who have not presented proof that, if they are the successful bidder(s) they can make the deposit required by this order of sale. The successful bidder(s) shall pay the balance of the purchase price for the Property to the clerk of this Court within thirty (30) days following the date of the sale, by a certified or cashier’s check payable to the United States District Court for the District of Northern District of Iowa. If the bidder fails to fulfill this requirement, the deposit shall be forfeited and shall be applied to cover the expenses of the sale, with any amount remaining to be applied to the liabilities of Michael Alan Reed at issue herein. The Clerk shall distribute the deposit as directed by the PALS by check made to the “United States Treasury”. The Property shall be again offered for sale under the terms and conditions of this order of sale or, in the alternative, sold to the second highest bidder. The United States may bid as a credit against its judgment without tender of cash. The sale of the above-described subject real property and subject personal property shall be subject to confirmation by the Court. Upon confirmation of the sale and receipt of the entire purchase price, the Court shall issue, and the PALS shall deliver to the purchaser, a deed conveying the real property to the purchase or certificate of title conveying the personal property to the purchaser. Upon confirmation of the sale, all interests in liens against, or claims to, the subject real property and subject personal property that are or may be asserted by any of the parties to this action are discharged and extinguished. When this Court confirms the sale, the Recording Official of Dickinson County, IA shall cause transfer of the subject real property and subject personal property to be reflected upon that county’s register of title. The successful bidder at the sale shall pay, in addition to the amount of the bid, any documentary stamps and Clerk’s registry fees as provided by law; The sale of the Property is ordered pursuant to 28 U.S.C. section 2001, and is made without right of redemption.   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: daniel.l.holmes@irs.gov     Available images for this Item   View of Indian Chief & Harley Motorcycles Top of the Page     Harley Soft Tail Top of the Page     Harley Top of the Page     Indian & Harley - Rear View Top of the Page     Indian Chief Front View Top of the Page     Indian Chief - Side View Top of the Page     Indian Chief Full Side View Top of the Page     Indian Chief Cycle Engine Top of the Page     Indian Chief - Scuff on Rear Fender Top of the Page     Toyota - Front Passenger Side View Top of the Page     Passenger Side View Top of the Page     Toyota Model Sticker Top of the Page     Ford Model Sticker Top of the Page   For additional information, please contact Dan Holmes Updated: 4/23/2010 FAQ| Search| IRS Auction Home| Treasury Home Page| Previous Page