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WINONA LAKE - SALE OF REAL ESTATE

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NOTICE OF OFFER BY THE TOWN OF WINONA, LAKE, INDIANA
TO SELL CERTAIN TRACTS OF REAL ESTATE
    NOTICE IS HEREBY  GIVEN that the Town Council of the Town of Winona Lake, Indiana is offering the following part of a Tract of real estate for sale.  The Key Number of the entire Tract is 006-071-226.  The  portion  of the  Tract  to  be sold  is the  Northern  Part  of  Lot Numbered Thirteen (13) in the Original Plat of Winona Park, now the incorporated Town of Winona Lake, Indiana as recorded  in Plat Book 1,   page 64, in the Recorder's  Office  of Kosciusko  County, Indiana, and more particularly described as follows, to-wit:
    Commencing at the Southwest comer of  said Lot 13; thence North, along the West line of said Lots 13 and 12, 33.78 feet to the point of beginning, said point being the Northwest comer of the land of James G Lancaster and Jennifer Jan Lancaster,  labeled as Tract II in record 200800003495  of the records of Kosciusko County, Indiana and recorded on March 14, 2008; thence Southeasterly,  by an interior  angle of 89°57'00", 65.97 feet to the East line of said Lot 12; thence  South,  on the East line of said  Lots 12  and  13, 10.52  feet to the Northeast  comer  of  said  Lancaster  tract;  thence  Northwest,  along  an  interior  angle  of 80°53'05" and along the North line of said Lancaster tract, 66.81 feet (66.84 feet recorded) to the point of beginning, containing  376 square feet, more or less, subject to all easements of record.
    There is not address for the property, but the address of the abutting property to the South is 907 Sunday Lane, Winona Lake, IN
    The entire Tract under Key No. 006-071-226 as assessed March 1, 2015 at a value of $1,500 for the year 2015, for the entire 2,478 sq. ft. of the Tract which is sixty-one cents ($0.61) per square foot for a total value of Two Hundred One and 30/100 Dollars ($231.30) for the assessed value attributable to the foregoing 330 square feet.
    The offering price is the amount Two Hundred One and 30/100 Dollars ($231.30)  plus all costs associated with the sale, including but not limited to:
    (1) appraisal fees (at this time there are none);
    (2)  title insurance; (3)  recording fees;
    (4)  advertising costs.
    (5)  deed preparation and closing costs,
however  the  offering  price  set  forth  hereinabove  is the  beginning  of  the  process  and  is not necessarily binding,  as IC 36-1-11-5 provides a negotiating process when an eligible offer is received at or in excess of the offering price.
Additional Terms and Conditions are as follows:
    (1). The property may not be sold to a person who is ineligible under IC 36-1-11-16; and
    (2) An offer to purchase the property submitted by a trust (as defined in IC 30-4-1-1(a))
must identify:
    (A) each beneficiary of the trust; and
    (B) each settlor empowered to revoke or modify the trust.
    (3) An offer to purchase is to be submitted in writing to the Town Council by submitting the offer to the Town Coordinator of the Town directly or by delivery to the Office of the Clerk Treasurer of the Town of Winona Lake, Indiana at 1310 Park Avenue, P.O. Box 338, Winona Lake, Indiana 46590 for delivery to the Town Coordinator.
    (4) Offers are open for inspection.
    (5( Offers can be submitted and resubmitted for a tract until the property is sold.
    (6) The offering of the tracts for sale may continue for as long as permitted by law, unless earlier terminated by the Town Council.
    The foregoing property is subject to all easements and encumbrances of record or ascertainable by survey.
    Dated:_______
Kent Adams, Clerk Treasurer
Town of Winona Lake, IN
James L. Walmer, Attorney
For the Town of Winona Lake, IN
574-269-2095
Attorney ID No. 992-43
7-29, 8-5 hspaxlp