Online Only Auction
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High Bid: 2,300,000.00 USD
1 Bid
Time Remaining: 26d 34m
Soft Close
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Date(s)
6/13/2024 - 7/22/2024
Bidding Notice:

ONLINE ONLY SHERIFF AUCTION!


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 742 Notre Dame Ave South Bend, IN
Description
Located 2.5 Miles from University of Notre Dame!  4 Parcels to be purchased as one bid amount located in St. Joseph County, Portage Township, South Bend, Indiana  744-758 N Notre Dame Ave South Bend, IN 46617   (6) 2 Bedroom, 2 Full Bath Rooms, With Living Area, 1/2 Bath, Large Kitchen, (2) Kitchenette  & Laundry   (6) 4 Bedroom, 4 Full Bath Rooms With Living Area, 1/2 Bath, Kitchen, & Laundry  618 N Notre Dame Ave South Bend, IN 46617 (8) 4 Bedroom Units, 4 Full Bath Rooms With Living Area, 1/2 Bath, Kitchen, & Laundry  (3) 1 Bedroom Units, 1 Full Bath Rooms With Living Area, 1/2 Bath, Kitchen, & Laundry (1 Unit on ground level) 743 N Frances St. South Bend, IN 46617 Back Parking lot parcel for 618 N Notre Dame Ave. units  All units feature electric furnace, A/C & hotwater heater TO THE OWNERS OF THE WITHIN DESCRIBED REAL ESTATE AND ALL INTERESTED PARTIES NOTICE OF SALE BY AUCTIONEER By virtue of a certified copy of a decree to me provided from of the Sheriff of St. Joseph County, Indiana, by and through Krueckeberg Auction & Realty LLC d/b/a Key Auctioneers, relative to St. Joseph County Superior Court, Cause No. 71D07-2308-MF-000190, wherein Deutsche Bank Trust Company Americas, as Trustee for Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15, Commercial Mortgage Pass-Through Certificates Series 2014-C15 was Plaintiff and NB Darby Row DST and NB Darby Row LeaseCo, LLC were the Defendants, requiring me to make the sum as provided for in said Decree with interest and costs. I will expose to public sale to the highest bidder, on July 22, 2024, at the hour of 10:00 a.m., via online auction at https://kjauction.hibid.com/auctions on said day, the fee simple of the following whole body of real estate in St. Joseph County, Indiana Parcel I: The South 43.00 feet of the West Half of Lot Numbered Thirteen (13) as shown on the recorded Plat of Sorin's First Addition to the Town of Lowell, now within and a part of the City of South Bend, recorded in Deed Record V, page 308 and Plat Book 1, page 53 in the Office of the Recorder of St. Joseph County, Indiana. Parcel II: The South Half of the West Half of Lot Numbered Sixteen (16) as shown on the recorded Plat of Sorin's First Addition to the Town of Lowell, now within and a part of the City of South Bend, recorded in Deed Record V, page 308 and Plat Book 1, page 53 in the Office of the Recorder of St. Joseph County, Indiana. Parcel III: Part of Lot Numbered Sixteen (16) as shown on the recorded Plat of Sorin's First Addition to the Town of Lowell, now within and a part of the City of South Bend, recorded in Deed Record V, page 308 and Plat Book 1, page 53 in the Office of the Recorder of St. Joseph County, Indiana, described as beginning at the Northwest corner of said Lot Sixteen (16), running thence East along the North line thereof 151.40 feet to the West line of an alley; thence South along the West line of said alley 68.64 feet to the South line of the North Half of said Lot Sixteen (16); thence West along said South line of said North Half of said Lot Sixteen (16), 151.4 feet, more or less, to the West line of said Lot Sixteen (16); thence North along the West line of said Lot Sixteen (16), 68.64 feet to the place of beginning. Key No. 18-5029-1064 State ID No. 71-08-01-431-015.000-026 624 North Notre Dame Ave., South Bend, IN 46617 Parcel IV: The North 1 / 2 of the North 1 / 2 of the West 1 / 2 of Lot Numbered Eight (8) of Edward Sorin's 1 st Addition to the Town of Lowell, now a part of the City of South Bend, including a tract of land on the South end thereof for an alley, vacated pursuant to Ordinance No. 9279-01, however excepting that portion of said alley not vacated by said Ordinance. EXCEPTING THEREFROM THE FOLLOWING: A part of Lot 8 as shown on the recorded Plat of Sorin's 1st Addition to the Town of Lowell, now a part of the City of South Bend, recorded in Plat Book 1, page 53 in the Office of the Recorder of St. Joseph County, Indiana, described as follows: Beginning at the Southwesterly corner of the North Half of the North Half of the West Half of said Lot 8, being grantor's Southwesterly corner and being 6 feet North of a vacated alley per ordinance 9279-01 recorded as Instrument Number 0208298 in the Office of said Recorder; thence North 02°01'46" West, (Indiana State Place Coordinates, East Zone) along the Westerly line of said lot, a distance of 28.00 feet to the intersection of said Westerly line with the Southeasterly right of way line of South Bend Street; thence North 50°09'21" East, along said Southeasterly right of way line, a distance of 3.52 feet to a grantor's Northerly boundary; thence South 89°59'03" East, along said Northerly boundary, a distance of 36.47 feet; thence South 64°40’20" West, a distance of 22.68 feet; thence South 40°45'12" West, a distance of 27.10 feet to the place of beginning. Key No. 18-5030-1088 State ID No. 71-08-01-431-006.000-026 744 N. Notre Dame Ave., South Bend, IN 46617 Parcel V: The South Half 1 / 2 of the North Half 1 / 2 of the West Half 1 / 2 of Lot Numbered Eight (8) as shown on the recorded Plat of Edward Sorin's First Addition to the Town of Lowell, now a part of the City of South Bend, including a tract of land on the North end thereof for an alley, vacated pursuant to Ordinance No. 9279-01, however excepting that portion of said alley not vacated by said Ordinance, also excepting one-half of a 14 foot alley off of the East end thereof. Also, the South Half 1 / 2 of the West Half ½ of Lot Numbered Eight (8); also, a lot or parcel of land 23.64 feet in width, North and South, taken off of and from the North side of the West Half ½ of Lot Numbered Nine (9), all as shown on the recorded Plat of Sorin's Addition to the Town of Lowell, also known as Sorin's 1 st Addition to the Town of Lowell, now within and a part of the City of South Bend, excepting therefrom a strip of land 7 feet in width, East and West, taken off of and from the East end thereof for a public alley, all in St. Joseph County. Key No. 18-5029-1047 State ID No. 71-08-01-431-007.000-026 742 N. Notre Dame Ave., South Bend, IN 46617 Parcel VI: The South Half of the North Half of the East Half of Lot Numbered Eight (8) as shown on the recorded Plat of Edward Sorin's First Addition to the Town of Lowell, now a part of the City of South Bend, recorded October 24, 1855 in Plat Book V, page 308, in the Office of the Recorder of Saint Joseph County, Indiana, excepting therefrom 1/2 of a public alley 12 feet wide off of the North Side thereof; and except 1/2 of a 14 foot alley off the West end thereof; and excepting also 33 feet off of the East end thereof heretofore appropriated for Coquillard (Francis) Street. Key No. 18-5029-1048 State ID No. 71-08-01-431-020.000-026 743 Frances Street, South Bend, IN 46617 Together with all related personal property, rents, issues, income and profits thereof after sale, said sale will be made without relief from valuation or appraisement laws. All sales subject to any first and prior liens, taxes and assessments legally levied and assessed thereon. Portage Township 624 North Notre Dame Ave., South Bend, IN 46617; Parcel 018-5029-1064/71-08-01-431-015.000-026 744 N. Notre Dame Ave., South Bend, IN 46617; Parcel 018-5030-1088/71-08-01-431-006.000-026 742 N. Notre Dame Ave., South Bend, IN 46617; Parcel 018-5029-1047/71-08-01-431-007.000-026 743 Frances Street, South Bend, IN 46617; Parcel 018-5029-1048/71-08-01-431-020.000-026 William J. Redman, St. Joseph County Sheriff by Krueckeberg Auction & Realty LLC d/b/a Key Auctioneers. Pamela C. Paige, Esq., Plunkett Cooney PC, 300 N. Meridian, Ste. 1250, Indianapolis, IN 46204, Attorney for Plaintiff The Sheriff, Auctioneer, or the Plaintiff in this case do not warrant either expressly or implied any title, location, legal description, or publication of any real estate sold in the sale. Any prospective budder should obtain their own title evidence before making any bid on any properties subject to this sale. Dates of Publication: June 20, 27, July 4 71-08-01-431-015.000-026 71-08-01-431-006.000-026
Name Sheriff Auction 742 Notre Dame Ave South Bend, IN
Auctioneer
Type Online-Only Auction
Date(s) 6/13/2024 - 7/22/2024
Auction Date/Time Info
Bidding now open & ends JULY 22nd 2024 10AM EST
Preview Date/Time Monday July 8th 10AM -1PM EST & Monday July 15th 10AM-1PM EST
Checkout Date/Time Afterconclusion of the auction, if a third party bidder was the winning bidder, such third party shall by4PM Eeastern standard time on the date of the sale deliver to Auctiorneer funds in the amount of the bid price, plus theBuyer Premium less the Deposit, which shall be paid by wire transfer
Location
Buyer Premium 4%
Description
23 Unit Income Producing Investment Property! 744-758 N Notre Dame Ave South Bend, IN 46617   (6) 2 Bedroom, 2 Full Bath Rooms, With Living Area, 1/2 Bath, Large Kitchen,  Kitchenette  & Laundry  (6) 4 Bedroom, 4 Full Bath Rooms With Living Area, 1/2 Bath, Kitchen,  Kitchenette  & Laundry   618 N Notre Dame Ave South Bend, IN 46617 (8) 4 Bedroom Units, 4 Full Bath Rooms With Living Area, 1/2 Bath,  Kitchenette  & Laundry    (3) 1 Bedroom Units, 1 Full Bath Rooms With Living Area, 1/2 Bath, Kitchen, & Laundry (1 Unit on ground level) 743 N Frances St. South Bend, IN 46617 Back Parking lot parcel for 618 N Notre Dame Ave. units All units feature electric furnace, A/C & hotwater heater
Terms of Sheriff Auction: Auctioneer is authorized to charge and retain a buyer premium of four percent (4%)of the bid amount from the highest third party bidder (the “Buyer Premium”). Said Buyer Premiumwill be paid by the highest third party bidder, to Auctioneer, and shall be in addition to the amountof the winning bid entered by the highest third party bidder.Bidding shall be made without conditions and with no contingencies of any kind.The Property shall be sold “AS IS AND WHERE IS” with no representations or warranties of anykind being made to the buyer. Auctioneer shall not be held to answer to any claims whatsoeverconcerning the condition and/or title to the Property. Auctioneer shall require all third party bidders to provide proof of funds prior tobeing able to bid at the foreclose sale and a refundable deposit of $20,000.00 (the “Deposit”). Afterconclusion of the auction, if a third party bidder was the winning bidder, such third party shall by4PM Eeastern standard time on the date of the sale deliver to Auctiorneer funds in the amount of the bid price, plus theBuyer Premium less the Deposit, which shall be paid by wire transfer. Any successfull bidders will recieve their $20,000.00 (the "Deposit") back within 24 hours from date of auction. Auctioneer shall facilitate the following to finalize the transfer of the Property:a. The Sheriff’s costs and expenses for the sale are paid out of the proceeds of thesale;b. A Clerk’s Return is prepared for delivery to the Sheriff;c. A Sheriff’s Deed and Sales Disclosure Form for the Property is delivered by theSheriff or designated deputy to the buyer;d. The Sheriff’s Deed, along with fees and other such documents, as may berequired by the Recorder and/or other officials of St. Joseph County, Indiana(“County”) are provided by Auctioneer so that the Sheriff’s Deed will berecorded in the public record; ande. The net proceeds of the sale are remitted by Auctioneer to Plaintiff inaccordance with the Clerk’s Return, which shall account for the gross purchaseprice less any amounts due to Auctioneer, including the Buyer Premium orCredit Bid Fee, sheriff fee, recording costs and auditor fees. Payment toAuctioneer for its expenses and commissions shall be made prior to the paymentof any other item, fee, or expense.14. If there is a third party buyer and such buyer fails to timely deliver the balance ofthe sale price to Auctioneer, then:a. Auctioneer is authorized to sell the Property to a backup bidder from theoriginal sale if in the judgment of Auctioneer, the price a backup bidder is willingto pay is a greater amount than a subsequent sale is likely to realize afterpayment of advertising and other costs for the subsequent sale. If this is not thecase, the sale shall then be reset under the same terms as herein provided. Ineither instance, the buyer’s Deposit shall be forfeited and applied first to theMarketing Expense, then the fees, if any, of the Sheriff, Treasurer, Assessorand/or Plaintiff in connection with the sale; and the remainder shall be splitequally between Auctioneer and Plaintiff as payment towards the balance of theJudgment.b. Alternatively, additional time may be given to bidder for the delivery of thefunds with an additional non-refundable escrow deposit by the bidder and thewritten agreement of both Auctioneer and Plaintiff.The buyer shall have rights to possession and title to the Property upon buyer’sdelivery of the full bid price to Auctioneer and delivery of the Sheriff’s Deed to buyer.The buyer shall be responsible for the payment of all taxes and assessments forinstallments, which become due and payable after the date of the auction.The property is being sold with no warranties expressed or implied by Krueckeberg Auction Company nor the Seller.  Each potential bidder is responsible for conducting his or her own inspections, inquiries, and due diligence concerning this property.  All information in this flyer is thought to be accurate but it is the responsibility of all potential bidders to verify the accuracy of all information within.  Neither the Seller nor Krueckeberg Auction Company shall be held liable for its accuracy, errors, or omissions. Auctioneers License: Josh Krueckeberg (AU19800008 AC31500055)
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 50,000.00 USD
Currency USD
Buyer Premium 4%
Payment Terms
Auctioneer shall require all third party bidders to provide proof of funds prior tobeing able to bid at the foreclose sale and a refundable deposit of $20,000.00 (the “Deposit”). Afterconclusion of the auction, if a third party bidder was the winning bidder, such third party shall by4PM Eeastern standard time on the date of the sale deliver to Auctiorneer funds in the amount of the bid price, plus theBuyer Premium less the Deposit, which shall be paid by wire transfer. Any successfull bidders will recieve their $20,000.00 (the "Deposit") back within 24 hours from date of auction.
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