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HomeMy WebLinkAboutRangeline Road - Harrington PropertiesInstrument 9709725081 File No. 97291164 9709725081 Filed for Record in HAMILTON COUNTY, INDIANA MARY L CLARK On 06-25-1997 At 10:22 am. CORP W DEED 14.00 id OD CORPORATE WARRANTY DEED THIS INDENTURE WITNESSETH, That HARRIGAN ENTERPRISES, INC. ("Grantor"), a corporation organized and existing under the laws of the State of Indiana, conveys and Warrants to the CITY OF CARMEL, ("Grantee") of Hamilton County, in the State of Indiana, for the sum of Ten & 00/100 Dollars ($10.00) and other valuable consideration, the receipt of which is hereby acknowledged, the real estate in Hamilton County, in the State of Indiana described on EXHIBIT A attached. No Indiana Gross Tax is due, at this time, as a result of this transaction. Subject to the Fall Installment of Real Estate Taxes due and payable in November 1997 and all taxes payable thereafter. Subject to all casements, restrictions and rights of way of record. Th add,cs., of such .cal c,tat., .s eve:aheal) k..e,aras. , 1nd:a..ar The undersigned persons executing this deed on behalf of Grantor represent and certify that they are duly elected officers of Grantor and have been fully empowered, by proper resolution of the Board of Directors of Grantor, to execute and deliver this deed; that Grantor has full corporate capacity to convey the real estate described herein; and that all necessary corporate action for the making of such conveyance has been taken and done. In Witness Whereof, Grantor has caused this deed to be executed this /nay of J0 -1U t , 1997. Harrigan Enterprises, Inc. (Seal)Attest: By: 13y: • Printed: Printed : � / 6/�N /✓n�,Q.Q1iYS �. q�:er G.9--4) {�s� 'I`tle. "Title. AN/rRy. G. Alo/ ca 1 j fits State of Indiana, Hamilton county ss: Acknowledgement Before me, a Notary Public in and for said County and State, personally appeared MR* & 1146k1.44-) 114 the its ? and respectively of Harrigan Enterprises, Inc., who acknowledged execution of the foregoing Deed for and on behalf of said Grantor, and who; having been duly sworn, stated that the representations therein contained arc true. DULY ENTERED FOR TAXATION Sub'ec; to final accccj tancefor transfer J day of c /S �: 19 97 M/ 0 Auditor Hamilton County Parcel ft 14-09-3/o-DIJ--04-0/4000 File No. 97291164 continued Witness my hand and notarial seal this My commission Expires :: r`t Wade R. Nichols Notary Public t ,.• Hainitton County, Indiana •Returq ,..•; J Send fax' bills My Comm. Expires: 8/12/2000 to: day of Signature Printed Residing In 1 GV I i✓ ivart orrr&l , I Lf lov32- This document prepared by -drnuk19f� o� t.�-ULX �/ �� lN� !/ Notary Public Wade R. Nichols, Attorney at Law Morgan & Associates, Inc., 840 Logan Street, Noblesville, IN 46060 Co.. IN CASE NO. 97291164 AMENDED -1 EXHIBIT A - LEGAL DESCRIPTION PART OF THE NORTHEAST QUARTER OF SECTION 36, TOWNSHIP 18 NORTH, RANGE 3 EAST, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT IN THE EAST LINE THEREOF DISTANT SOUTH THEREIN 1488 FEET FROM THE NORTHEAST CORNER THEREOF, THENCE SOUTH IN AND ALONG SAID EAST LINE 100 FEET, THENCE WEST 385.08 FEET, MORE OR LESS, TO A POINT IN THE CENTER LINE OF A CERTAIN POWER LINE EASEMENT GRANTED TO INDIANA RAILROAD, DATED AUGUST 2, 1939, RECORDED IN DEED RECORD 127, PAGE 11 IN THE OFFICE OF THE RECORDER OF HAMILTON COUNTY, INDIANA LAST ASSIGNED OF RECORD TO PUBLIC SERVICE COMPANY OF INDIANA, INC., BY ASSIGNMENT RECORDED IN DEED RECORD 130, PAGE 200 IN SAID RECORDER'S OFFICE, THENCE NORTH ALONG SAID CENTER LINE AS IT PRESENTLY EXISTS, 100 FEET, THENCE EAST 384.31 FEET, MORE OR LESS, TO THE PLACE OF BEGINNING. EXCEPT THE WEST 10 FEET OF THE EAST 45 FEET OF THE ABOVE DESCRIBED REAL ESTATE. File No. 97291164 Instrument 9709725082 9709725082 Filed for Record in HAMILTON COUNTY, INDIANA MARY L CLARK On 06-25-1997 At 10:22 am. CORP OCD 16.00 17115 sf,,Ybenoki It'd PT Ftp' *co CORPORATE QUITCLAIM DEED 7466 %de:tate ZGEtneddetl. That Harrigan Enterprises, Inc., , an Indiana corporation, a corporation organized and existing under the laws of the State of Indiana, QuitClaims to the City of Carmel of Hamilton County, in the State of Indiana, for the sum of Ten Dollars ($10.00) and other valuable consideration, the receipt of which is hereby acknowledged, the following described real estate in Hamilton County, in the State of Indiana: The Real Estate located between the land described on Exhibit "A" and the land described on Exhibit `B", it being the intent of Grantor to eliminate any gap or gore between the two tracts. Property Address: No Indiana Gross Tax is due, at this time, as a result of this transaction. The undersigned person(s) executing this deed on behalf of the said grantor corporation represent and certify that they are duly elected officers of said corporation and have been fully empowered, by proper resolution of the Board of Directors of said corporation to execute and deliver this deed; that the grantor corporation has full corporate capacity to convey the real estate described herein and that all necessary corporate action for the making of such conveyance has been taken and done. Te Zfktereaa Wiewei the said Harrigan Enterprises, Inc., an Indiana corporation has caused this deed to be executed this 1997. (seal) Attest: day of „c, -E__ Harrigan Enterprises, Inc. State of Indiana County of Hamilton L / ���y Before me, a notary public in and for said county and State, personally appeared M9 6 /"'9�-744J Pks I t kAJ , of Harrigan Enterprises, Inc., a corporation organized and existing under the laws of the State of Indiana, and acknowledged the execution of the foregoing Corporate Quitclaim Deed for and on behalf of said corporation, and who, have been duly sworn, stated that the representations therein contained are true. DULY ENTERED FGR TAXATION Su4ject to final a eptancc for transfer , ,-25 day of 19?7 TV1 2,7 Auditor Hamilton County (Parcel #10-0q-3fo-t12-47_C/I•Coo File No. 97291164 continued Witness my hand and Notarial Seal this day of -jock_ 1997. NamhN ;My, coninrissi'bh:Expires 01 '1; j Return to: Wade R. Nichols Notary Public Hamilton County, Indiana My Comm. Expires: 8/12/2000 Send tax bills to: Signature Printed Notary Public Residing In Co., IN CiVOciurtrr-, Qzirnt(r Nit003.3' This document prepared by: Wade R. Nichols, Attorney at Law Morgan & Associates, Inc., 840 Logan Street, Noblesville, IN 46060 CASE NO. 97291164 AMENDED -2 EXHIBIT A - LEGAL DESCRIPTION PART OF THE NORTHEAST QUARTER OF SECTION 36, TOWNSHIP 18 NORTH, RANGE 3 EAST, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT IN THE EAST LINE THEREOF DISTANT SOUTH THEREIN 1488 FEET FROM THE NORTHEAST CORNER THEREOF, THENCE SOUTH IN AND ALONG SAID EAST LINE 100 FEET, THENCE WEST 385.08 FEET, MORE OR LESS, TO A POINT IN THE CENTER LINE OF A CERTAIN POWER LINE EASEMENT GRANTED TO INDIANA RAILROAD, DATED AUGUST 2, 1939, RECORDED IN DEED RECORD 127, PAGE 11 IN THE OFFICE OF THE RECORDER OF HAMILTON COUNTY, INDIANA LAST ASSIGNED OF RECORD TO PUBLIC SERVICE COMPANY OF INDIANA, INC., BY ASSIGNMENT RECORDED IN DEED RECORD 130, PAGE 200 IN SAID RECORDER'S OFFICE, THENCE NORTH ALONG SAID CENTER LINE AS IT PRESENTLY EXISTS, 100 FEET, THENCE EAST 384.31 FEET, MORE OR LESS, TO THE PLACE OF BEGINNING. EXCEPT THE WEST 10 FEET OF THE EAST 45 FEET OF THE ABOVE DESCRIBED REAL ESTATE. EXHIBIT "B" TRACT "A" Part of the Northeast Quarter of Section 36, Township 18 North, Range 3 East in Hamilton County, Indiana, more particularly described as follows: Commencing at the Northeast corner of the Northeast Quarter of Section 36, Township 18 North, Range 3 East; thence South 00 degrees 00 minutes 00 seconds (assumed bearing) on and along the East line of said Northeast Quarter 1188.00 feet; thence South 89 degrees 27 minutes 30 seconds West 372.16 feet to the true place of beginning of this tract, said point being on the centerline of the old abandoned traction line right-of-way; thence continuing South 89 degrees 27 minutes 30 seconds West 308.11 feet to the Easterly right-of-way line of the Monon Railroad; thence South 00 degrees 38 minutes 00 seconds East on and along said right-of-way line 641.00 feet; thence South 89 degrees 42 minutes 30 seconds East 300.21 feet to the centerline of the aforesaid traction line right-of-way; thence North 00 degrees 04 minutes 15 seconds East on and along said centerline 645. 40 feet to the place of beginning, containing 4.49 acres, more or less. TO: FROM: DATE: CLOSING MEMORANDUM Mayor Brainard, Members of the Board of Public Works and Safety, Members of the Common Council, M. Kate Boyle, P.E., Clerk -Treasurer Diana L. Cordray Debra Grisha June 19, 1997 RE: Closing on the purchase of the undeveloped parcel of real property located to the north of the Carmel Police Headquarters, east of the Carmel Fire Department Headquarters, south of 930 South Rangeline Road, and west of Rangeline Road, comprising approximately .77 acres. SELLER: Harrigan Enterprises, Inc. PURCHASER: City of Cannel, Indiana PURCHASE PRICE: $250,000.00 CLOSING DATE: June 17, 1997 DISBURSEMENTS: See attached Closing Statement REAL ESTATE TAXES: See attached Closing Statement A. U.S.DEPARIMENT OF HOUSING AND URBAN DEVELOPIILIN 'See HUD attachments) for '•' items B.TYPE OF LOAN 1. [ 1FHA 4. [ ]VA 2. [ ]FMIIA 3. [ ]CONV. LININS. 5. [ ]CONY. INS. 6. FILE NUMBER: 97291164 7. LOAN NUMBER: 8. MTG. INS. CASE NO.: C.NOTE: Thii form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown ('p.o.e.') were paid outside the closing: they are shown here for information purposes and are not included in the totals. 13. NAME OF BORROWER: CITY OF CARMEL ,ADDRESS: Items marked E. NAME OF SELLER: HARRIGAN ENTERPRISES, INC. ADDRESS: F. NAME OF LENDER: SELLER TIN: ADDRESS: G.PROPERTY LOCATION: PT NE 36-18-3, TRACT 6F3 11. SETTLEMENT AGENT: MORGAN 8 ASSOCIATES, INC. ADDRESS: 234 E. CARMEL DRIVE CARMEL, IN 46032 PLACE OF SETTLEMENT: MORGAN 8 ASSOCIATES, INC. ADDRESS: 234 E. CARMEL DRIVE CARMEL. 114 46032 SETTLEMENT AGENT TIN: 35-0832636 I.SETTLEMENT DATE Closing date: 06/17/97 Proration date: 06/17/97 J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DILE FROM BORROWER: I01. Contract sales pace 102. Personal property 103. Settlement charges to horrowcr(line 1400) 104. 105. 40(1. GROSS AMOUNT DUE TO SELLER: 250,000.00 592.00 401. Contrast sales Price 402. Personal prnpeny 403. 250.000.00 404. 405. Adjustments for items paid by seller in advance: Adjustments for items paid for seller in advance: 106. City/town taxes: to 107. Coumy faxes In 108. Assessments- f to 406. Cil /try Iwo taxes 407. County taxes 408. Assessments to to 10 109. 409. 110. 410. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BORROWER: 250,592.00 200. AMOUNTS PAID BY 014 IN REIIALF OF BORROWER: 420. GROSS AMOUNT DUE TO SELLER: 50(1. REDACTIONS IN AMOUNT DUE TO SELLER: 250,000.00 201. Deposit or eamcsl money 202. Principal amnuril of new Innn(s) 203. Existing loan(s),Iaken subject to 204. 205. 206. NOVEMBER 1997 TAXES 470.49 501. Excess deposit(see insi ntclions) 502. Settlement charges to sellcr(Iinc 1400) 503. Existinjonn(s) taken subject lm 504. Payoff of first mndEibe loan 505. Payoff of second mot -loge loan 506. NOVEMBER 1997 TAXES 15,593.00 470.49 207. 1997-98 PRORATED TAXES 208. 433.44 507. 1997-98 PRORATED TAXES 433.44 508. 209. 509. Adjustments for items unpaid by seller: Adjustments for items unpaid by seller: 210. City/town taxes. to 211. County taxes 10 212. Assessments' Io 510. City/town taxes to 511. County taxes to 512. Assessments 10 213. 513. 214. 215. 216. 217. 218. 514. 515. 516. 517. 518. 219. 519. 220. TOTAL PAID DY/EOR BORROWER: 903.93 520. TOTAL [!EDUCTION IN AMOUNT: 16,496.93 300. CASII AT SETTLEMENT FRONUTO II1114ItUWER 600. CASII AT SEFrLt I1nN'r //FROM SELLER: 301. Gross amount dim from horrowcr(li Ile 120) 250,592.00 601. Gross amount due to seller(lIne 420) 250,000.00 302. Less amounts paid by/for borrower(line 220) 303. CASA IX FROM' I TO1 BORROWER: 903.93 602. Less total reductions in amount due 'seller(line 520) 603. CASH IX TO1 1 PROM] SELLER: 16,496.93 233,503.07 SUBSTITUTE FORM:1099 SELLER STATEAIENT-The information contained in Rio ks E.G,Il and I and on line 401 (or, if line 401 is asterisked, lines 403 and 404) is important lax information and is being furnished In the In erne) Revenue Service. If you arc required to file a return, a negligence penally or other sanction will e imposed on you if Ibis item is required to he reported an I the IRS determines Nun it has not been «paned. SELLER INSTRUCTION -If this real estate was your princi ml residence, file Form 2119. Sale or Exchange of Principal Residence, for any gain, with your income tax velum; for other transections, complete the applicable pans of Form 4797, port 6252 and/or Schedule D (Form 1040). You are required by law to provide Morgan and Associates with your correct taxpayer identification number. If you do not pmvide Morgan and Associates with your correct taxpayer identification number, you may he subject to civil or criminal penalties. Under penalties of perjury, I certjfy that the number shown on this statement is my correct Taxpayer identification number. Seller 249,688.07 Fiie`972Sr1164 at for'*' items r L. SETTLEMENT CI IA`iwit PAID FROM BORROWER'S FUNDS AT SETTLEMENT PAID FROM SELLER'S FUNDS AT SETTLEMENT 700. TOTAL SALES/BROKER'S COMMISION Based on $ 250,000.00 @ 6.00 '%= 15,000.00 Division of Cmitmission (line 700) as follows: 701.$15,000.00 : to MERIDIAN REAL ESTATE SERVICES 702. $ to 703. Commission at settlement 15, 000.00 paid 704. 800. ITEMS PAYABLE IN CONNECTION WITII LOAN. 801. Loan Origination fee a% 802. Loan Discount' % 803. Appraisal fee to , 804. Credit Report to 805. Lender's inspection fee to 806. Mongege Insurance ap oIlication fee to 807. Assumption Fee to 808. is 809. to 810. to 811. to 812. to 900. ITEMS REQUIRED 14Y LENDER TO OE PAID IN ADVANCE. 901. Interest from ' to @S /day 902. NIongage insurance premium for mo. to 903. Ilaranl insurance premium for yrs. to 904. yrs. to 905. 1000. RESERVES DEPOSITED WITII LENDER 1001. Hazard Insurance nut.@$ per 1110. 1002. Mortgage insurance mo.@$ per mo. 1003. Ciltpropeny taxes mo.@$ per mo. 1004. Cmmlyrm(ieny taxes oto.@$ pier oto. 1005. Annual assessments (Mains.) sun.@$ per oto. 1006. m,.@$ per mo. _ 1007. nm.@$ per mo. 1008. Aggregate Analysis Atjustmenl 1009. 1100. TITLE CHARGES: 1101. Settlement or closing fee to MORGAN & ASSOCIATES, INC. 400.00 1102, Abstract or title search 10 1103. Title examination to 1104. Title insurance binder to 1105. Document preparation to MORGAN 8 ASSOCIATES, INC. 135.00. 1106. Notary fee to _• 1107. Attorney's fee to to (includes above items No.: 1108. Title insurance to MORGAN 8 ASSOCIATES, INC. 593.0 (includes above items No.: 1109. Lender's coverage S 1110. Owner's coverage 250,000.00 S 593.00 1111. to 1112. to 1113. COPIES to MORGAN & ASSOCIATES, INC. 27.00 1114. to 1200. GOVERNMENT RECORDING AND TRANSFER CIIARGES 1201. Recording fees: Decd S 25.00 Mag $ Rel. $ 25.00 1202. City/county tax/stamps: Deed $ Mag S 1203. Stale lax/stomps: Deed $ NIrg $ 1204. to 1205. to 1206. SALES DISCLOSURE to HAMILTON COUNTY AUDITOR 5.00 1300. ADDITIONAL. SETTLEMENT CIIARGES 1301. Survey to 1302. Pest inspection to 1303. to 1304. , to 1305. to 1400. TOTAL SETTLEMENT CIIARCjfS (entered on lines 103. Section 1 end 502. Section K) 592.00 15,593.0 CERTIFICATION: I have carefully rev receipts. and di ursyyn�i�e�nts n dde on 1 n'cnunl orb me in this transaction. I further certifythat 1 have received a era y of HUD -I Settlement Statement. C-4-147 A-614 Borrowers Sellers The HUD -1 Settlementf this transaction. 1 hnvd aimed or will cause the Grads In he disbursed in :J the 1111D -I Settlement Statement and to the hest of my knowledge and be ter, it is a true and accurate statement of all Statement whit n 1 hnv ,repn('Q s n true and accurate account o accordance with Ibis an IlAtaiSOSA I Settlement Agent Dale WARNING: II is a crime lo knowingly nmke false statements to the United States 00 this or any other similar forst. Penalties upon conviction can include a fine and imprisonment. For details sec: Title 18: U.S. Code Section 1001 and Section 1010. CITY OF CARMEL CARMEL, INDIANA 46032 ACCOUNT NUMBER'.; I i i DOCUMENT tti:`NUMBER a C DOCUMENT47 v'DATES 6/18/97 97-101-150-440-60500 ,•P.O NU• Fr P.OLNUMBER " 061248 ¢ DISCOUNT,`T T `AMOUNT CLOSING ON PARKING LOT. Rardt he. taxuclo ONE CIVIC SQUARE • CARMEL, INDIANA 46032 VENDOR IDENTIFICATION NUMBER' GENERAL ACCOUNT PAYABLE AT FIFTH THIRD BANK INDIANAPOLIS, INDIANA 249,688.07 PLEASE DETACH BEFORE DEPOSITING 061248 THIS DMICRO PRINTING UMENT HAS A COLORED BACKGROUND FEATURES ND AND I,' THIS WARRANT IS VOID .TWO IYI YEARS AFTER +`i+'A DECEMBER 31 O(THE YEAH OF ISSUE,', L: I