Item Id: Schumann01
Case Name: Schumann, Sara S
Case Number: 18 30380
Starting Minimum Bid: $19,995
Estate’s interest in ownership of nine (9) parcels of land in Stanton, North Dakota northwest of Bismarck. The interest is subject to the Life Estate of a couple aged 75 and 72 who currently resides in the house. The residence is located at 317 McGrath Avenue, Stanton, ND 58571.
The residence is a 1,092 square foot home built in 1920. The residence is one-story frame home with working basement. The residence is a 3-bed, 1-bath home with a 120 square foot outdoor brick patio. There is a basement where one of the three bedrooms in located. The APN# is SS-144-84-01-17-21. The legal description is ‘Lots 19, 20, 21 & 22, Block 17 (Life Estate)’.
The appraised value is $95,410
There are also 8 adjoining parcels to the residential lot included in this auction. Of these eight parcels, seven (7) are vacant land and one parcel contains a ‘metal shed’. That shed has a total square footage of 1,840 square feet.
The adjoining parcels are:
SS-144-84-01-17-23 (3,745 square feet)
SS-144-84-01-17-24 (3,745 sq ft)
SS-144-44-02-24-13 (this parcel contains the metal shed)
SS-144-44-01-25-01 (10,500 sq ft)
SS-144-44-01-25-22 (10,500 sq ft)
SS-144-44-01-35-01 (0.72 acres)
SS-144-44-01-36-01 (21,420 sq ft)
SS-144-44-01-37-03 (9,520 sq ft)
These lots are all located on McGrath Avenue, Hager Street and/or Selmes Avenue. Lots/location are all detailed and mapped on the County Assessor site.
2018 taxes were approximately $2,643.40 (combined nine parcels) and has not been paid as of 2/28/19
Location Info: The parcels are located on the north side of Stanton. Stanton is approximately 57 miles north and west of Bismarck and 84 miles due south of Minot
Liens: We are not aware of any liens
Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..
Notes: The highest bidder will be required to pay a closing fee of $500 in addition to the highest bid amount. This amount will be applied to any expenses the Trustee may incur from the sale. We have provided all we know about this asset at this time. Any fees/liens owing on this item are not part of the final bid price. A bid submitted by a buyer is an agreement to our Terms. Buyers should not bid unless they fully intend to complete the sale in accordance with our Terms (to view terms, click “Terms” tab in Seller Store header at top of ad). Bidders should familiarize themselves with eBay policy regarding bids exceeding $15,000..
Bidders should familiarize themselves with BKAssets policy regarding ‘Proxy Bidding’ (see ‘Bidding Guide’ on BKAssets.com Home Screen). BKAssets is not responsible for connectivity issues, or Internet transmission times, when submitting an auction bid near the close of auction. The auction process does not extend past the set close time of the auction and bidders are solely responsible for the timing and receipt of their bids if they elect not to utilize Proxy bidding..
Legal Info: By Order of the United States Bankruptcy Court, BKAssets sells this and any other property “AS IS, WHERE IS”, with no warranties implied or stated. This means that the Seller and the trustee are not responsible for problems (if any) with the title, the condition of the property or rights, or any liens or encumbrances against the unit. The buyer will be entirely responsible for this property/right/lease after the sale including but not limited to: paying any fees/costs associated with this property, paying all fees/liens (if any), recording/transferring the title and gathering any paperwork/documentation necessary for that process. Seller and trustee are NOT appraisers or brokers. BKAssets and the trustee shall be under no obligation to buyer except to provide buyer with an assignment or deed as required by the County Recorder. All the information as to the item description has been provided by the court. BKAssets cannot guarantee that all the information is accurate. BKAssets recommends all bidders perform their own due diligence prior to bidding. As with any bankruptcy sale, this sale may be subject to court approval. .
Payment Info: $U.S. Money order, certified check, cashier’s check. BKAssets may also accept “Bill Pay” from Wells Fargo, Bank of America, Chase, Citibank, a local regional bank or Credit Union. If you would like to use “Bill Pay,” but do not bank at one of these establishments, please call BKAssets prior to sending payment. Any bidder who does not complete the sale within 7 days from the close of auction will be considered in default. Seller has the right to proceed with the next highest bidder. .
Shipping Info: Shipping is included to all buyers in the United States. International bidders are welcome, please contact BKAssets for shipping costs to countries other than the United States prior to bidding. Shipping costs to locations outside of the US will be calculated at the close of auction. Please be advised that because this is a US Bankruptcy Court Ordered sale, and subject to approval, shipping can take an average of 3-6 weeks.