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Contract for Deed on Indiana Residential Property
Listing Information
Attachments
Contract for Deed on Indiana Residential Property
Price: $12,000.00
Other Item Info
Item #: insbke_669631
Created: 09/07/2017
Category: Business Property > Financial > Other
Sale Location: Indianapolis, Indiana
Sale Date: Wed. Oct 18, 2017
Created: 09/07/2017
Category: Business Property > Financial > Other
Sale Location: Indianapolis, Indiana
Sale Date: Wed. Oct 18, 2017
Seller Info
James T Young
Trustee's Attorney
342 Massachusetts Avenue, Suite 500
Indianapolis, IN 46204
317-634-0300
Trustee's Attorney
342 Massachusetts Avenue, Suite 500
Indianapolis, IN 46204
317-634-0300
Bankruptcy Info
Description
Sale of Interest in a Contract for Deed (the “Asset”) to purchase real estate entered into by Debtor Shane T. Wilson, as seller, and Burley L. Adams (“Adams”), as buyer, of real estate owned jointly by the Debtors located at 10224 S. Roosevelt St. A copy of the Contract for Deed is attached as Exhibit “1.” After an initial down payment of $5,000.00, Adams was to make monthly payments to Debtors in the amount of $400.00, with a final balloon payment due on October 25, 2022. Adams is current in his payments, with payments to the Trustee beginning monthly on September 26, 2016. As of the date of this Sale and Bid Procedures Motion, $24,400.00 remains due from Adams.
Financial Overview
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Sale Location
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Indianapolis, IN, 46204
Additional Details
Auction Time: 1:00 p.m
Bid Amount: $13,500.00
Bid Increment: $1,000.00
Bid Deadline: October 13, 2017
Last date to respond: 21 days from the date of service
Date of Service: September 5, 2017