IRS Auction - Sales Ad for St. Louis, MO

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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 November 29, 2011 and December 29, 2011, in United States of America v. Taxpayer(s), Heartland Bank, Parball Corp. and the State of Missouri, case no.09-cv-01894, United States District Court for the Eastern District of Missouri.

Date:

6/26/2012

Time:

10:00 AM

Open House:

12:00 noon – 3:00 pm on May 14th and on June 4th, 2012.

Bidder Registration Time:

9:00 AM

Sale Location:

1103 Wheaton Hill Ct., St. Louis, MO 63131

Title Offered:

Only the right, title, and interest of Taxpayer(s), Heartland Bank, Parball Corp. and the State of Missouri, in the property will be offered for sale

Description of Property:

The property consists of a brick, 2-story personal residence with unfinished basement, containing approx. 5,500 sq. ft of living area, 4 bedrooms, including a huge master bedroom with an adjacent sitting/reading room, 5 bathrooms, with an open floor plan with carpet and marble tile. The property sits on 1 acre with access to the Edgar M. Queeny County Park.

Property address is 1103 Wheaton Hill Court, St. Louis, MO 63131.

Property May Be Inspected at:

See Open House for dates and times.

Legal Description:

Lot 16 of Weston Place, a Subdivision in St. Louis County, Missouri. According to the Plat thereof recorded in Plat Book 251, page 15, of the St. Louis County Records.

Minimum Bid:

$850,000.00

Bid Note:

Mail in bids accepted.

Click here for Mail-in Bid Form
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The Terms of Payment:

See Below.

Form of Payment:

See Below.

Terms and Conditions: The sale of the property shall be free and clear of any interests of the defendants.

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

No bid shall be accepted unless it is accompanied by a certified check or cashier’s check, in the amount of 10% of the announced minimum bid, made payable to the United States District Court for the Eastern District of Missouiri. Before being permitted to bid at the sale, all bidders shall display proof that they are able to comply with this requirement. No bids will be received from any person who has not presented said proof.

The successful bidder shall tender the balance of the purchase price, in certified funds payable to the United States District Court of the Eastern District of Missouri, at the office of the Internal Revenue Service, Robert Brown, 700 W. Capitol, Stop 5223, Little Rock, AR 72201, on or before August 25, 2012 at 3:30 p.m., (sixty (60) days from date of the sale).

In the event the successful bidder defaults on any of the termed contained herein, the deposit shall be forfeited and retained by the Internal Revenue Service as part of the proceeds of sale, and the real property shall again be offered for sale or sold to the second highest bidder.

The sale of the property shall be subject to confirmation by the court. Upon confirmation, the Internal Revenue Service shall execute and deliver to the purchaser a quit claim deed conveying the property. Upon confirmation 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. Upon confirmation of the sale, the Recording Official of St. Louis County, Missouri shall proceed to record the deed(s) in favor of the purchaser(s).

All persons occupying the property shall leave and vacate the property permanently no later than thirty (30) days of the date of this order, each taking only personal property, but leaving all improvements, buildings, fixtures and appurtenances to the property. If any person fails or refuses to vacate the United States Marshal and his deputies are authorized and directed to take all actions necessary to bring about the ejectment of those persons.

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 Eastern District of Missouri.

The U.S. may bid as a creditor against its judgment without tender of cash.

The government reserves the right to reject any and all bids and to withdraw the property from sale.

The property is offered for sale “as is” and “where is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation.

The sale is ordered in accordance with 28 U.S.C. Section 2001 and is made without the right of redemption.

*************************IMPORTANT INFORMATION***********************

This is not an advertisement of a sale of seized property. This is an information notice only regarding a sale being conducted by the Internal Revenue Service as a result of the foreclosure of an Internal Revenue Service Federal Tax Lien by the Department of Justice

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

Name:

Robert Brown

Title:

PALS

Bureau:

Internal Revenue Service

Address:

700 W. Capitol, STOP 5223
Little Rock, AR, 72201

Phone:

(501) 396-5725

Mobile: