Old Meridian - Parcel23-Price, Robert/Mary ~DULY ENTERED FOR TAXATION
Subject to final acceptance for trtnsfer
IP 1/4-1 /1 r-
Q0 day of 20 OS— 200500078887
i\ Filed for Record in
AP 7L� AuditorofHamiltonCoun HAMILTON COUNTY, INDIANA
JENNIFER J HAYDEN
Parcel to 12 -07 -2005 At 01:07 am.
WARR DEED 16.00
WARRANTY DEED
THIS INDENTURE WITNESSETH, THAT Robert S. Price and Mary K. Price, husband and wife
"Grantor CONVEY AND WARRANT to City of Carmel "Grantee for the sum of Ten Dollars ($10.00)
and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the following
described real estate located in Hamilton County, State of Indiana:
Tract #1
Part of the Southwest Quarter of Section 25, Township 18 North. Range 3 East in Hamilton
County, Indiana, more particularly described as follows:
Beginning at the Northwest corner of said southwest Quarter and run East on the North line of
said Quarter 174 feet, thence South parallel with the West line of said Quarter 174.2 feet, thence
West parallel with said North line 174 feet to the said Quarter Section line, thence North on said
line 174.2 feet to the place of beginning.
Tract #2
Also, a part of the Southwest Quarter of Section 25, Township 18 North, Range 3 East in
Hamilton County, Indiana, more particularly described as follows:
Beginning 174 feet East of the Northwest corner of said Southwest Quarter and run East on the
North line of said Quarter 20 feet; thence South parallel with the West line of said Quarter 174.2
feet, thence West parallel with said North line 20 feet, thence North parallel with said West line
174.2 feet to the place of beginning.
Tract #3
Also a Part of Lot Number 1 in. R. A. Franke's Subdivision as per plat thereof recorded in Deed
Record 128, page 197, in the Office of the Recorder, Hamilton County, Indiana, more
particularly described as follows:
A part of the northeast Quarter of the Southeast quarter of Section 26, Township 18 North,
Range 3 East, beginning 67 feet south of the northeast corner of said northeast quarter of the
southeast quarter of said section, running thence south 107.2 feet, thence West parallel with
North line of said Section 78.4 feet to the
East right -of -way line of U. S. Highway No. 31, thence Northeasterly on and
along said East right -of -way line 134.2 feet to the place of beginning.
Subject to any and all utility easements of record, the lien for real property taxes not delinquent, and
subject to such matters as would be disclosed by an accurate survey and inspection of the real estate.
IN WITNESS WHEREOF, Grant as executed this deed this day of D 6QP 2005. is" Glet.ie
6+- _sel 0,_____.• Robert S. Price Mary K. Pfi
STATE OF INDIANA
ACKNOWLEDGMENT
COUNTY OF 7
Before me, a Notary Public in and for said county and state, personally appeared, Robert S. Price and
Mary K. Price, husband and wife, who acknowledged the execution of the foregoing Warranty Deed, and who,
,'having been duly sworn, stated that any representations therein contained are true.
Witness my hand and Notarial Seal this u/ day of 7 2005.
My Commission Expires: 0
Notary'Public
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Resident of 7 1 ./4 1 7 T Counil ;1 t'
This instrument was prepared by Robert A. Hicks, Hall, Render, Killian, Heath Lyman, P.S.C., One American
Square, Suite 2000, Box 82064, Indianapolis, IN 46282.
Send tax bills to: City of Carmel, One Civic Square, Carmel, IN 46032.
After recording, return to: Robert A. Hicks, One American Square, Suite 2000, Box 82064, Indianapolis, IN
46282.
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Form 36551 (Rev 9/97)
1. This is a written statement of, and summary of the basis for, the amount established through a valuation process as 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 91 -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 sct forth in the instrument of conveyance in the following identified parcel and
this acquisition is identified in the Acquiring Agency's records as:
Project DEM -IN 50(001) Parcel 23 Road Old Meridian St. City /County Carmel /I- Iamilton
Owner(s) Robert S. Mary K. Price
3. The area and type of interest being acquired: 0.786 Ac. Permanent R/W; 0.107 Ac. Re- acquiring Existing R/W
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 bc explained in Item 8 below.
4. This acquisition is (Check one): a. A total acquisition of the real property. *Assuming PRP —See Remarks
b. A partial acquisition of the real property.
5. The Agency's Offer: Just compensation has been determined to bc and the Acquiring Agency's offer for the purchase of
this real property is as follows:
a. Total Land, Land Improvements and Buildings $360,000.00*
b. Severance Damages (i.c.: Setback, Loss in
Value to the Residues, etc N/A
c. Other Damages (Itemize)
Cost -To -Cure estimates:
N/A
N/A
Temporary Right -Of -Way N/A
Total Damages N/A
Total Just Compensation offered for this Acquisition is: $360,000.00
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 arc identified as follows:
One story, free standing, masonry constnicted auto repair facility with 3 garage bays containing 1,872± square feet.
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 pavement, concrete pavement, concrete curbs, well, septic system, light standard, ID sign, guardrail and landscaping.
8. Items owned by others (i.c.: lessee, tenants, etc.) included in Item 5 above arc identified as follows:
N/A
9. Remarks: *As stated in the review of the "Long Form" appraisal prepared by Joseph C. Traynor, effective 1- 30 -04,
if there is no potential responsible party (PRP) to pay for the necessary rcmediation and clean up of the subject property,
it is not judged to have any value. This "Statement of the Basis for Just Compensation," is based upon the extraordinary
assumption that there is a PRP.
Sigi aturc: Stcph 1 C. Engelkin S G 1
LPA Official, Title Director of Administration, City of Carmel Date /01/