20842 Jacquard Ave

Listing description

What the seller provided

20842 Jacquard Ave Lakeville, Minnesota 55044 Parcel ID No. 22-17750-01-030 Description of property: Split-level single-family home built in 1978. 3-bedroom, 2 baths, with attached 2 car garage. The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at: 20842 Jacquard Ave Lakeville, Minnesota 55044 Parcel ID No. 22-17750-01-030 Description of property: Split-level single-family home built in 1978. 3-bedroom, 2 baths, with attached 2 car garage. The minimum acceptable agreement to bid is $240,000 To redeem the property under Section 7425(d) of the Internal Revenue Code, the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the United States Treasury in the form of a cashier s check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to Section 7506 of the Internal Revenue Code subject to any prior outstanding mortgages, encumbrances, or other liens that may be superior to the lien of the United States. Agreements to bid must be accompanied by the required deposit.

How this sale works

Court-supervised sale

A trustee, receiver or estate is selling under court oversight. A proposed price may already be on the table, with an overbid procedure at the hearing.

• Read the sale notice or motion: it sets the hearing date, deposit, bid increments and any stalking-horse offer.
• The court must approve the sale; the winning bid is not final until the order is entered.
• Property is sold as-is, and liens are handled as the order specifies.

Bankruptcy auctions and court sales →

General information, not legal advice. The official sale notice controls.

Research this property

Look it up before you bid

The public notice gives an address and a date. These outside tools fill in what it does not.

Record details

Parcel

ID

Legal description

North 80 Feet of Lot 3, Block 1, Clay’s Acres

Contact email

Jeffrey.Wagner@irs.gov

Contact phone

763-347-7028

ZIP

55044

Documents

irsauctions.gov/sites/default/files/100/Form_12673_20842_Jacquard_Ave.pdf ↗

Street address

20842 Jacquard Ave

Form of payment

Cashier's check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit.

Headline

Seeking Guaranteed Bidder for Lakeville, MN home

Property inspection

Drive-By Only

Terms of payment

To redeem the property under Section 7425(d) of the Internal Revenue Code, the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the "United States Treasury" in the form of a cashier's check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit.

Terms of sale

To redeem the property under Section 7425(d) of the Internal Revenue Code, the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the "United States Treasury" in the form of a cashier's check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to Section 7506 of the Internal Revenue Code subject to any prior outstanding mortgages, encumbrances, or other liens that may be superior to the lien of the United States. Agreements to bid must be accompanied by the required deposit.

Title offered

Only the right, title, and interest of the taxpayer, in and to the property will be offered for sale. If requested, the Internal Revenue Service will furnish information about possible encumbrances, which may be useful in determining the value of the interest being sold. See "Nature of Title" for further details.