|
| AUCTION ID #: 452392 |
|
|
|
![]() |
| USMS: Racine, WI - 1117 Hartman Court |
![]() |
 |
|
 |
| Final Bid: |
USD $0 |
 |
| Number of Bids: |
0 |
 |
| Your Bid Status: |
Login to view status |
 |
| Reserve: |
Not Met |
 |
| Status: |
Closed |
 |
| Auction Started: |
07-26-10 08:00 AM ET |
 |
| Auction Closed: |
07-28-10 02:00 PM ET |
 |
|
 |
|
|
 |
 |
|
|
|
PROHIBITED PARTIES The contractor, its employees, and their families and/or persons acting for and/or on behalf of the contractor are prohibited from bidding on any property offered for sale by the United States Government. In order to avoid a conflict of interest, or the appearance of a conflict of interest, the following classes of persons are prohibited from purchasing, either directly or indirectly, property forfeited to the United States which is to be sold under this contract or any subcontract to this contract. To view the entire Prohibited Parties Terms please click here.
|
| Item Specifics |
|
|
| |
Address |
1117 Hartman Court Racine, WI 53404 United States |
 |
|
|
County
|
Racine County
|
 |
|
|
Lot Size
|
0.59 acres
|
 |
|
|
Number Of Bedrooms
|
2.00
|
 |
|
|
Number Of Bathrooms
|
1.00
|
 |
|
|
Living Space
|
1,026.0
|
 |
|
|
Year Built
|
1893
|
 |
|
|
Property Condition
|
Average
|
 |
|
|
Water
|
Public
|
 |
|
|
Sewer
|
Public
|
 |
|
|
Heating System
|
FWA
|
 |
|
|
Parking
|
Driveway
|
 |
|
|
Occupancy
|
Vacant
|
 |
|
|
Display Maps
|
Yes
|
 |
|
|
|
| Asset Description |
|
This Property Has Been Re-listed and the Starting Bid Amount Has Been Lowered
The U.S. Marshals Service offers the following asset for auction:
- Subject property is located at 1117 Hartman Court, Racine, Racine County, Wisconsin 53404.
- Assessor’s Parcel Number: 07459000
- Legal Description: The West Seventy-three (73) feet of Lot One Hundred Seventeen (117), Block One (1), Stella Addition to Racine, Wisconsin, located in the East One-half (1/2) of the North East One-quarter (1/4) of Section Eight (8), Township Three (3) North, Range Twenty-three (23) East. Said land being in the City of Racine, County of Racine, State of Wisconsin.
- Site area is 0.059 +/- acres.
- Zoning for this property is R3, Limited General Residence.
- Utilities on site include public gas, electricity, water and sanitary sewer.
- The home is bounded by High Street to the north, State Street to the south, La Salle Street to the east and Northwestern Avenue to the west.
- Subject property is a 1.5 story bungalow style home in above average condition. This home consists of a living room, dining room, kitchen, two (2) bedrooms, one (1) bathroom and a full basement. The second level contains 2 finished rooms, however the ceiling requirements on GLA is 7’ and it is believed that only a portion actually meet the requirement. This home has a driveway which can fit approximately 3 – 4 cars. This home contains 1,026 +/- square feet of above grade gross living area. The basement contains 957 +/- square feet of gross living area.
- This home has newer windows, including basement windows, a newer front door, some newer interior paint and newer carpeting. The home does need the following improvements however, reinforce stairs to basement, secure toilet and repair nicked vinyl tiles in bathroom, repair minor hole in kitchen flooring and the carpets and walls need to be cleaned.
This is pursuant to a Final Order and Judgment dated July 8th, 2009.
Disclosure:The subject property was built prior to 1960. A Lead Based Paint inspection and Risk Assessment is currently being performed on this property by certified and licensed risked assessor and is expected to be completed prior to the start of the auction. The report will be added to the Additional Details Section of this auction listing once it has been completed.
|
|
|
|
|
| Maps & Area Information |
|
|
|
|
| Additional Details | | For more information about this asset including photos, specs and more (when available), click here. |
|
|
 |
| Bidding Requirements |
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller.
|
Non-winning bidders' deposits are refunded within (10) ten business days after the close of the auction. This deposit cannot be applied to other auctions.
|
| To find out more about the BidDeposit requirement, click here. |
 |
| Additional Terms of Service |
| Sold by the U.S. Marshals Service, which reserves the right to refuse any bid for any reason. Please see the document "General Terms of Sale" found in the due diligence area for further information. Bidders should conduct their own due diligence to determine value.
The assets offered for sale by the United States Marshals Service are either seized by and/or forfeited to the United States under federal forfeiture laws. All Buyers of these assets must understand that the United States, and/or its agencies, agents, officers, employees, and/or assigns (hereinafter referred to as "Seller") has acquired the subject property through seizure and/or forfeiture, and has little or no direct knowledge concerning the title, nature, value, source, authenticity and/or any other aspect or characteristics of these assets.
THEREFORE, the Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.
All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset.
In addition, all Buyers must agree to release and hold harmless the Seller from any and all demands, rights and causes of action, arising from, or to arise from, or by reason of, the Government's seizure, forfeiture, ownership, possession, management, use, sale and/or transfer of these assets. |
 |
| Settlement Requirements |
|
|
|
| Certified/Cashier's CheckThe successful bidder has 24 hours following the close of the auction to sign a Purchase Agreement. The successful bidder has 30 calendar days to complete the transaction by certified check to the U.S. Marshals Service. If the successful bidder does not perform, the bidder will forfeit his/her/its BidDeposit to the U.S. Marshals Service. The successful bidder will be required to cover any closing costs.
For assistance, please contact Bid4Assets’ Customer Service team at service@bid4assets.com or 877-4ASSETS (427-7387). |
|