Pennsylavania/103rd - 106th - Parcel 7 Schneider Management Corp DULY ENTERED FOR TAXATION 2009002816 WARR DEED $22.00
01/22/2009 11:55:31A 4 PGS
t cP Subject to finai 'acceptance for transfer Jennifer J Hayden
g
20� HAMILTON County Recorder IN
Recorded as Presented
MLOYi Auditor of Hamilton County
Parcel t`
Project: Pennsylvania Street, 103rd Street to 106th Street
Parcel: 7
WARRANTY DEED
THIS INDENTURE WITNESSETH THAT Schneider Management Corporation, an Indiana corporation
(individually and collectively the "Grantor conveys and warrants to the City of Carmel, Indiana (the "Grantee
for the sum of Ten and 00 /100 Dollars ($10.00) and other valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the following described real estate in Hamilton County, State of Indiana:
See attached Exhibit A and Exhibit B, which are attached hereto and incorporated herein
subject to any and all easements, agreements, restrictions and other matters of record.
It is understood between the parties hereto, and their successors in title, and made a covenant herein which shall run
with the land, that all real estate herein described (excepting any parcels or portions thereof that are specifically and
expressly designated as easements or temporary rights of way) are conveyed in fee simple and not merely for right
of way purposes, and that no reversionary rights whatsoever are intended to remain in the Grantor.
The undersigned person executing this deed represents and certified on behalf of the Grantor that he /she is Manager
of the Grantor and has been fully empowered by the Grantor, to execute and deliver this deed and all other
instruments of transfer; that the Grantor is a limited liability company in good standing in the State of Indiana; that
the Grantor has full capacity to convey the real estate described; and that all necessary corporate action for the
making of this conveyance has been duly taken.
IN WITNESS WHEREOF, Grantor has caused this Warranty Deed to be executed this 26th day of February, 2008.
GRANTOR:
SCHNEIDER MANAGEMENT CORPORATION
Byy--
\Js J. Schneider,
(Title)
L
STATE OF INDIANA
SS:
COUNTY OF HAMILTON
Before me the undersigned, a Notary Public in and for said County and State, personally appeared JAMES
J. SCHNEIDER, who acknowledged the execution of the foregoing Warranty Deed for and on behalf of such
Grantor, and who, having been duly sworn, stated that any representations therein contained are true.
WITNESS my hand and Notarial Seal this 26th day of February, 2008.
My Commission Expires:
County of Residence:
No' ry Si ature
r f�'t; s E. DAVIS COOTS
Nw+nav a Hamilton County
.ti
Notary Prl= u August 15, 2014
This instrument was prepared by Douglas C. Haney, Carmel City Attorney, City Hall, One Civic Square, Carmel,
Indiana 46032
Send tax bills to: One Civic Square, Carmel, IN 46032
After recording, return deed to: Douglas C. Haney, Carmel City Attorney, City Hall, One Civic Square, Carmel,
Indiana 46032
I affirm, under the penalties for perjury, that I have taken reasonable care to redact each and every Social Security
Number from this documents, unless it is required by law. Douglas C. Haney
R: \EDC \SCHNEIDER MANAGEMENT .8930.001 \QUITCLAIMDEED.wpd
2
EXHIBIT "A"
Project: Pennsylvania Street (103 Street -106` Street) Sheet 1 of 1
Parcel: 7 Fee
A PART OF VACATED LOTS 485 THROUGH 496 INCLUSIVE IN HARRY
BOWSER'S NORTHRIDGE ADDITION, AN ADDITION IN HAMILTON COUNTY,
INDIANA AS PER PLAT THEREOF RECORDED IN DEED RECORD 121, PAGE
400 IN THE OFFICE OF THE RECORDER OF HAMILTON COUNTY, INDIANA,
ALSO THE SOUTH HALF OF VACATED 108 STREET AS SET OUT IN
VACATION RECORDED NOVEMBER 15, 1965 IN BOOK 87, PAGE 100, AS
INSTRUMENT NUMBER 10549, BEING THAT PART OF THE GRANTOR'S LAND
LYING WITHIN THE RIGHT OF WAY LINES DEPICTED ON THE ATTACHED
PLAT, MARKED EXHIBIT "B MORE FULLY DESCRIBED AS FOLLOWS:
BEGINNING at the Northwest corner of vacated Lot 485 in said addition; Thence North
00 degrees 00 minutes 00 seconds East, along the prolonged west line of vacated Lots
485 through 496 inclusive, a distance of 25.00 feet, to the north line of the south half of
vacated 108 Street; Thence North 89 degrees 05 minutes 54 seconds East, along said
north line a distance of 20.00 feet; Thence South 00 degrees 00 minutes 00 seconds West,
parallel with the west line of said vacated lots, a distance of 420.93 feet; Thence South 07
degrees 58 minutes 00 seconds East, a distance of 152.00 feet; Thence South 63 degrees
35 minutes 19 seconds East, a distance of 105.31 feet to the east line of vacated Lots 485-
496; Thence South 00 degrees 00 minutes 01 seconds East, along said east line a distance
of 10.07 feet, to the southeast corner of said vacated lots; Thence South 89 degrees 15
minutes 16 seconds West, along the south line of said lot, a distance of 135.40 feet, to the
southwest corner of said vacated lots; Thence North 00 degrees 00 minutes 00 seconds
East, along the west line of vacated Lots 496 through 485 inclusive, a distance of 604.83
feet to the PLACE OF BEGINNING.
CONTAINING 0.427 ACRES (18,600 SQUARE FEET), MORE OR LESS.
I, TRENT E. NEWPORT, a Registered Land Surveyor in the State of Indiana, do hereby
certify that this description was prepared by me on December 8, 2006, from the original
deed records of the property described and was based upon plans prepared by GAI
Consultants for the City of Carmel Pennsylvania Street Improvement Project (Project
#06 -18), and dated October, 2006. I further certify that to the best of my belief and
knowledge this description is in accordance with Title 865, Article 1, Rule 12 of the
Indiana Administrative Code.
NE"'��.,,, TRENT E. NEWPORT
sTER o p�' y INDIANA LAND SURVEYOR
N LS 29600021 NO. LS 29600021
STATE �F
\..7 /ND I Or.:k0
r
PARCEL: 7 EXHIBI NO. 06 -1g T DRAWN BY KMK 12 -08 -06
PROJPROJEECT CT: Pennsylvania Street (103rd 106th) CHECKED BY TEN 12 -08 -06
SCALE 1" 100'
COUNTY: HAMILTON OWNER: SCHNEIDER MANAGEMENT CORPORATION
SECTION: 11 RECORD DOCUMENT: #9452700 RECORD DOCUMENT: D.R. 87, Page 100
TOWNSHIP: 17 NORTH DATED: 12 -30 -1994 DATED: 11 -15 -1965
RANGE: 3 EAST
V// I/ I HATCHED AREA IS THE
//�/I APPROXIMATE TAKING
This plat was prepared from information obtained from the Office of
the Recorder of Hamilton County, and from plans prepared by CAI NORTH
Consultants for the City of Carmel (Project No. 06 -18) The basis of
bearings for this plat and legal description are bosed upon an assumed PI STA. 20+82.00 UNE .A. 0 50' 100'
bearing of S 00'0000' W along the West Line of the Northeast Quarter W4 .1=11 MIIMMEmi
PREPARED BY: Penp, —View Heights SCALE 1'= io0'
First Section I
NW COR Lot 13 Lot 14
NE 1/4 I L
(.16+
SEC. 11 17+0( 42.68' 108th Street (Vacated)
c 1 135.75' (sic]
LINE "A" p, (25' PLATTED HALF R /W)
N01'02'40.03 "W
NI
1 7
r, r PLACE OF BEGINNING
14 Lot 485 I Lot 484
CRD55RQAQ
ENIs1111EERS FC 16+00 z
Transportation PT STA. 15+97 UNE A' Lot 486 f Lot 483
Development Consultants
1
3417 S 940440 00.. BELCH CIKK IN 46107 (317)760 -1555
AREA (PARCEL 7) Lot I
487 Lot 482
ACRES (SO. FT)
TOTAL 1.969 (84,768) W
R/W TAKE 0.427 (18,600) z w
Lot 488 L,- I Lot 481
RESIDUE 1.519 (66,168) cc
5
PC STA. 13+97.03 UNE 'A'
N Lot 489 'to Lot 480 .--I
O
1 Res. 'A' I fn 0
LINE "A" 14+Oq z --w.--, ,t, N00'38'36.90" 1 l v,b d Lot 490 Lot 479
NUMBER DIRECTION DISTANCE 0 1 _Ea cu--- -J m3
L i, afr-, L\
L1 N 00'00'00" E 25.00 FT fA3 Lot 491 W �"dC'1
L2 N 89'05'54" E 20.00 FT o3 o PT^STA 13+31.05 UNE �A� I Lot 478 1•. .I 0,
E
L3 S 00'00'00" W 420.93 FT 13+00 r N a
L4 S 07'58'00" E 152.00 FT
12 +58.21) 492 I Lot 47 Q
L5 S 63 E 105.31 FT c� 1 39.66'
L6 S 00'00'01" E 10.07 FT 0. A— z I
L7 S 8915'16" W 135.40 FT
u Lot 4.2 493
L8 N FT ,STA. 1 +2 E A I Lot 476
�G 1 Lot 494 j Lot 475
f- No. LS 29600021
OF w Lot 495 I
STATE z 1 1 +05.19 Lot 474
9 'ti'D I AN Py O z w 48.25'
......R-4-„,,e 0011+00 10 +50.43
t ?.,u wo S lot 496 PL(138.20)
J Lot 473
!ll��� v la a�' �.n L
TRENT E. NEW RT DATE 13535' [SIC] 103rd St. (106th St. by plat)
REG. LAND SURVEYOR NO. LS29600021 (50' PLATTED W
STATE jr INDIANA \Y1Sr 0.47 DUNE 'A'
PI STA 10
LINE "A" SW COR 0+00 UNE 's -1 -A' LINE '84.43 "E
N04'55'14.81 "W NE 1/4 in +PL10 +40.39
SEC. 11 IOW PL(137.34')
TRUST REMITTANCECHECK
REGION S: MORGAN KEEGAN '"":7, 2, 61 81 8SW,:::.:,_ 620
TRUST 1
2680012523 CARMEL obi CF-CONSTRUCTION 1: i ,IDa.e:, f
Two Hundred Forty-Three Thousand Nine Hundred SeNienty-One, -77- ,:$”"243 ',671. f lg
Pay DOLLARS AND Forty-Two CENTS
To The Order Of
SCHNEIDER MANAGEMENT CORPORATION
1031 PENNSYLVANIA STREET VOID AFTER 180 DAYS
INDIANAPOLIS, IN 46280
AIJTHORIZED SI NATURE
08180 3H' 1:0 6 20000 L91: 00 L 54 L 4 760
TRUST NO. 2080012523 DATE 12/17/2008 DISP CODE 89
TRUST NAME CARMEL COIT 2006 CF-CONSTRUCTION CT-NASHVILLE REG# 32
$****243$7
INCOME CASH PRINCIPAL CASH
.:7'.: ,.......,:a: ,.i,., -'k
NEIDER MANAGEMENT CbR
FOR s2:SCHPMATION f;
c- ‘kk• "V ...i a: F'': te k:-; Vt-
7 '''N-'5 :f •%1t ,44.50' ''',..g r- ginf. ''4 4-:-
PAYMENT FOR REQUISITION #41
PROJ. 06-18, PARCEL 7
TAX ID NO 16-13-11-02-001 000
REGIONS MORGAN KEEGAN TRUST REMITTANCE CHECK
Ill E 7
CROSSROAD
>ENGINEERS, PC=
CLOSING STATEMENT
Section 6045 of the Internal Revenue Code, as amended by the Tax Reform Act of 1986,
requires the reporting of certain information on every real estate transaction. The
information provided below, except for the tax identification number, is adequate
information to provide to a tax professional.
FEE OWNER: Schneider Management Corporation
ADDRESS: 10321 N. Pennsylvania Street, Indianapolis, IN 46280
DESCRIPTION OF PROPERTY: The south half of vacated 108 St and a part of Lot
485 in Harry Bowser's Northridge Addition as
recorded in Deed Record 121, page 401
PROJECT. 06 -18 (Pennsylvania St. 103'' to 106th)
PARCEL: 7 COUNTY: Hamilton
CLOSING DATE: PURCHASE PRICE: $243,971.42
LAND AND /OR ADMINISTRATIVE SETTLEMENT. $32,191.42
IMPROVEMENTS: $182,420.00 DAMAGES: $29,360.00
I (we) certify that the above is true and correct and acknowledge receipt of payment.
I
Fee Owners _d,'" 0 •i_ ,fi( ,f,, J72 Ce cat,
Si. Siorfiture Date
■r 0
Signature Date
3417 Sherman Drive Beech Grove, Indiana 46107 o Tel 317.780.1555 Fax 317•780•6525
S �4
CITY OF CARMEL
JAMES BRAINARD, MAYOR
ADMINISTRATIVE SETTLEMENT MEMORANDUM
To: Stephen C. Engelking
Director
Department of Administration
From: Allen D. McFearin
Associated Right of Way Services, Inc.
Re: Request for Administrative Settlement
Project: Pennsylvania Street (103` to 106
Parcel: 6 and 6A
Landowner: Schneider Management Corporation
Date: March 30, 2008
The City of Carmel made the Uniform Property Acquisition Offer to Schneider
management Corporation to acquire a portion of its property for the above project. The
offer was made in person in Carmel on March 15, 2007. The amount of the offer was
$211,780.00 and was based upon the appraisal performed by Dennis O. Otto. A second
appraisal was performed by Joseph Traynor. In his opinion, the value of the property
being acquired was $212,114.00.
Through a series of negotiations the parties arrived at recommended administrative
settlement amount of $243,971.42. See the attached December 11, 2007 letter from E.
Davis Coots to Trent Newport and the December 14, 2007 response. Additionally, the
final figure contained $5,000.00 for concrete work.
In support of the administrative settlement we list the following:
First, were the City to proceed to file the condemnation case, it is most probable that the
landowner will introduce testimony that the values are in excess of those included in the
appraisal. The date of valuation in the condemnation case would likely be over year later
than the date of valuation of the appraisals. All of these instances carry the possibility
that the eventual award may be higher than the amount of the administrative settlement.
Oar Chic 5 1■12 tC \k \ICI IN 16032 Orri( :FF 317 5 7 1? -tOl. F\; 31 =t -1 198
\I\II. j1)ruinartl @canilc1 in g()\
Secondly, should the City proceed to file the condemnation case, at a minimum the City
will incur the costs for the court appointed appraisers and attorney fees, which costs
would exceed the amount of the administrative settlement.
Thirdly, accepting the administrative settlement would bring a present resolution to the
question of the fair market value of the property rather than having that determination
made at a later point in the condemnation process.
Assuming all other legal review and approvals are approved, it is our recommendation
that the City of Carmel approve the terms of the above described administrative
settlement.
This recommendation is approved.
i
Stephen C. 1ngelking
Director
ALA REV -29 STATEMENT OF THE BASIS FOR JUST COMPENSATION L/A Code:
1. This is a written statement of, and summary of the basis for, the establishment of the amount believed to be, through a
valuation process, just compensation for the purchase of this right -of -way for highway purposes. The amount set forth in Item 5
below is not less than the approved estimate of value. Public Law 9 -646 provides that this value disregards any decrease or
increase in fair market value of the property prior to the date of valuation caused by the public improvement for which the
property is acquired other than physical deterioration within reasonable control of the owner.
2. The legal description of this acquisition is set forth in the instrument of conveyance in the following identified parcel and this
acquisition is identified in the Acquiring Agency's records as:
Project Parcel 7 Road Pennsylvania Street City /County Hamilton
Owner(s) James J. Schneider and Janice A. Schneider, 10321 Pennsylvania Street, Indianapolis,
Indiana 46280
3. The area and type of interest being acquired: 18,600 square feet new right way.
The amount in Item 5 below includes payment for the purchase of all interests in the real property and no separately held interest
is being acquired separately in whole or part except as may be explained in Item 8 below.
4. This acquisition is (check one): a. I A total acquisition of the real property.
b. 1 x A partial acquisition of the real property.
5. The Agency's Offer: Just compensation has been determined to be and the Acquiring Agency's offer for the purchase of this
real property is as follows:
a. Total Land, Land Improvements and Buildings 182,420.00
b. Severance Damages (i.e: Setback, Loss in
Value to the Residues, etc.)
c. Other damages (Itemize):
Cost -to -Cure estimates
Total Cost to Cure 29,360.00
Temporary Right -of -Way
Total Damages: 29 360.00
Total amount believed to be Just Compensation offered for this Acquisition is: 211,780.00
6. The amount in Item 5 above may include payment for the purchase of certain buildings and improvements and their
ownership shall pass to the Acquiring Agency. These buildings and improvements are identified as follows:
None
7. The amount in Item 5 above may include payment for the purchase of certain Land Improvements, Fixtures, Equipment,
Machinery, Signs, Etc., and their ownership shall pass to the Acquiring Agency. These items are identified as follows:
Asphalt Driveway, Concrete Curbing, Shrubs Bushes, Lawn, Trees, and Miscellaneous
Landscaping
8. Items owned by others (i.e lessee, tenants, etc.) included in Item 5 above are identified as follows:
None
9. Remarks:
Alko 7
Date Signature
Acquiring Agency: