Public Notice to bidders regarding sale of property by the City Of Shelbyville Board of Public Works and Safety

At the November 2, 2020, meeting of the City of Shelbyville Board of Public Works and Safety (the "Board"), the Board determined that it was appropriate to sell a portion of real estate owned by the City of Shelbyville, Indiana, commonly known as 13 lots in the Hamilton Major Place Subdivision, Shelbyville, Indiana 46176, the legal descriptions and addresses of which are set forth herein below (the "Property"). The sale of the Property was approved by the Common Council of the City of Shelbyville on November 2, 2020. The sale of the Property shall be conducted as a public auction by an electronic sale upon the following terms and conditions:

1.                   The purchase price of the Property shall be not less than the amounts set forth below.  The purchaser of the Property shall be responsible for paying certain additional expenses associated with the sale of the Property, which expenses shall include, but not limited to, the cost of the publication of notices, recording fees and other fees incurred by the Board as a result of such sale.

2.                   Real Estate Information Packages are available at the Clerk-Treasurer’s Office in City Hall, 44 West Washington Street, Shelbyville, Indiana 46176 and online at www.cityofshelbyvillein.com.  In order to be eligible to bid, Real Estate Information Packages must be completed and submitted to hamiltonmajor@cityofshelbyvillein.com or delivered to the Clerk Treasurer’s Office in City Hall at 44 W. Washington St., Shelbyville, Indiana 46176  no later than 10:00 a.m. on December 2, 2020.  Questions may be addressed by email to hamiltonmajor@cityofshelbyvillein.com or by calling 317-389-6624 or 317-392-5103.

3.                   Upon completion of the Real Estate Information Package, an interested bidder must register to bid at www.cityofshelbyvillein.com.

4.                   Interested bidders may inspect the Property during normal business hours upon (i) written notice to hamiltonmajor@cityofshelbyvillein.com; and (ii) execution and delivery of a release, indemnification and hold harmless agreement available in the Real Estate Information Package.  All inspections will be conducted at such bidder’s expense.  Inspections will be allowed through 1:00 p.m. on December 7, 2020.

5.                   Bids must be submitted electronically and are subject to the terms and conditions found in the Real Estate Information Package.  The amount of bids and the identity of bidders will be disclosed and available to the public throughout the electronic sale.

6.                   Bids will be accepted electronically beginning at 9:00 am on December 4, 2020. Bidding will conclude at 4:59 pm on December 7, 2020.  All bids will be open to public inspection upon receipt.  Registered bidders will be notified of all subsequent bids via electronic means.  Bids will be reviewed at the December 8, 2020 meeting of the Board of Public Works and Safety.  Successful bidders will be notified no later than 5:00 p.m. on December 15, 2020, subject to the City’s ability to reject all bids for one or more lots.  Successful bidders will be announced within 7 days of the conclusion of bidding.

7.                   Separate bids must be submitted for each lot individually.

8.                   The successful bidder must comply with the Hamilton Major Place Planned Unit Development Ordinance No. 19-2871 and the Hamilton -Major Subdivision Secondary Plat recorded as Instrument No. 2019006426.

9.                   The Property may not be sold to a person who is ineligible under Indiana Code § 36-1-11-16, and an offer to purchase the Property which is submitted by a trust as defined in Indiana Code § 30-4-1-1(a) must identify each beneficiary of the trust and the settler empowered to revoke or modify the trust.

10.               The legal descriptions, addresses, tax parcel numbers and the minimum sales price of the Property are:

Lot 1 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 180 W. Washington Street, Shelbyville, IN; Tax Parcel Number 73-11-06-200-623.000-002, Minimum Purchase Price $45,000.00.

Lot 2 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 168 W. Washington Street, Shelbyville, IN;  Tax Parcel Number 73-11-06-200-624.000-002, Minimum Purchase Price $45,000.00.

Lot 3 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 156 W. Washington Street, Shelbyville, IN; Tax Parcel Number 73-11-06-200-625.000-002, Minimum Purchase Price $45,000.00.

Lot 4 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 144 W. Washington Street, Shelbyville, IN; Tax Parcel Number 73-11-06-200-626.000-002, Minimum Purchase Price $45,000.00.

Lot 5 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 179 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-11-06-200-627.000-002, Minimum Purchase Price $36,500.00.

Lot 6 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 167 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-11-06-200-628-000-002, Minimum Purchase Price $36,000.00.

Lot 7 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 155 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-11-06-200-629.000-002, Minimum Purchase Price $36,000.00.

Lot 8 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 143 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-11-06-200-630.000-002, Minimum Purchase Price $36,000.00.

Lot 9 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 178 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-07-31-400-407.000-002, Minimum Purchase Price $38,500.00.

Lot 10 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 166 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-07-31-400-408.000-002, $38,000.00.

Lot 11 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 154 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-07-31-400-409.000-002, Minimum Purchase Price $38,000.00.

Lot 12 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 142 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-07-31-400-410.000-002, Minimum Purchase Price $38,000.00; and

Lot 13 of Hamilton-Major Place Subdivision, as per plat thereof recorded as Instrument Number 2019006426 in the Office of the Recorder of Shelby County, Indiana, 134 W. Franklin Street, Shelbyville, IN; Tax Parcel Number 73-07-31-400-411.000-002, Minimum Purchase Price $43,750.00

11.               The Property will be transferred “as is”, “where is” and “with all faults”.  The City of Shelbyville makes not representation or warranty as to the physical condition or value of the Property.

12.               The City of Shelbyville reserves the right to reject all bids for one or more lots.