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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 March 1, 2017, in United States of America v the Taxpayer, et al, Civil No. 15-CV-1420-JPS, United States District Court for the Eastern District of Wisconsin, as follows:
 
 
Date:6/21/2018
Time:11:00 AM
 
Open House:6/21/2018, 10:00 - 11:00 AM
 
Bidder Registration Time:10:00 AM
 
Sale Location: 29040 Kramer Drive, Waterford, WI 53185
 
Title Offered: The property shall be offered for sale at public auction, free and clear of all liens and interests of the parties to this action.
 
Description of Property: Waterfront Property with 100 ft frontage on Fox River. Currently the home is 1,000 sq ft with 2 bed, 1 bath and detached 16x22 garage; There is unfinished attic and basement space; Built in 1940.
 
Property May Be Inspected at:
Open House, See Above
 
Legal Description: PARCEL 1: Part of the Southeast ¼ of Section 26, T4N, R19E, Town of Waterford, Racine County, State of Wisconsin and described as follows: Commencing at a point 197.68 feet South and 1322.25 feet West of the East ¼ Corner of said Section 26, thence North 85° 07’ West 170.96 feet; thence North 03° 37’ East 22 feet thence North 29° 27’ East 38.26 feet; thence South 77° 36’ East 136 feet and thence South 22° 00’ East 46 feet to the place of beginning, including all of that part of the water’s edge lying between the aforesaid sidelines extended, also known as Lot 28, in the Plat of Waterford Estates Subdivision, an unrecorded plat.

PARCEL 2: Also, commencing at a point 236.11 feet South 1314.92 feet West of the East ¼ Corner of said Section 26; thence North 88° 44’ West 179.94 feet; thence North 03° 37’ East 51 feet; thence South 85° 07’ East 170.96 feet; thence South 22° 00’ East 20 feet; and thence South 00° 32’ West 20 feet to the place of beginning, including all of that part to water’s edge lying between the aforesaid sidelines extended, also known as Lot 29 in the Plat of Waterford Estates, an unrecorded plat.

PARCEL 3: Commencing at a point 155.05 feet South and 1339.54 feet West of the East ¼ of said Section 26, thence North 77° 36’ West, 136 feet from the place of beginning; thence South 22° 26 feet from the place of beginning, thence South 22° 00’ East 26 feet to the place of beginning. Said lands being in the Town of Waterford, County of Racine and State of Wisconsin.
 
Minimum Bid: $120,000
 
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 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 Eastern District of Wisconsin.
 
TERMS AND CONDITIONS OF SALE:

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 minimum amount of 20% of the minimum bid, made payable to the United States District Court for the Eastern District of Wisconsin. 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 for the Eastern District of Wisconsin, at the office of the Internal Revenue Service, 380 Office Ct Fairview Heights, IL 62208, on or before 3:30 p.m., sixty (60) days from the date the bid is accepted.

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 Register of Deeds of Racine County, shall cause transfer of the property to be reflected upon that county’s register of title.

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

The U.S. may bid as a creditor against its judgment without tender of cash up to the value of the outstanding balance on the mortgage.

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.

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

This is not an advertisement of a sale of administratively 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:Jennifer Breuchaud
Title: PALS
Bureau: IRS
Address: 380 Office Court
Fairview Heights, IL, 62208
Phone: (618) 713-0421
Email: jennifer.l.breuchaud@irs.gov
 
 
Available images for this Item
Front View of House  
Front View of House
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Back of House  
Back of House
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Front View of Garage  
Front View of Garage
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Side of Garage  
Side of Garage
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Back Porch  
Back Porch
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Living Room  
Living Room
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Dock & Boat Lift  
Dock & Boat Lift
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Fox River  
Fox River
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Lake  
Lake
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For additional information, please contact Jennifer Breuchaud
Updated: 6/19/2018
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