Filed: Sep. 20, 2017
Latest Update: Sep. 20, 2017
Summary: ORDER CONFIRMING SALE OF PROPERTY 1 AND DIRECTING DISTRIBUTION OF PROCEEDS TIMOTHY L. BROOKS , District Judge . Plaintiff, the United States, seeks an order confirming the sale of real property located at 11717 Stage Coach Road, Gravette, Arkansas 72735 (hereinafter "Property 1"), and distributing the proceeds from that sale which have been deposited into the Court's registry. The IRS sold Property 1 at public auction to Anthony and Suzanne Steele for $480,000. All defendants who are not i
Summary: ORDER CONFIRMING SALE OF PROPERTY 1 AND DIRECTING DISTRIBUTION OF PROCEEDS TIMOTHY L. BROOKS , District Judge . Plaintiff, the United States, seeks an order confirming the sale of real property located at 11717 Stage Coach Road, Gravette, Arkansas 72735 (hereinafter "Property 1"), and distributing the proceeds from that sale which have been deposited into the Court's registry. The IRS sold Property 1 at public auction to Anthony and Suzanne Steele for $480,000. All defendants who are not in..
More
ORDER CONFIRMING SALE OF PROPERTY 1 AND DIRECTING DISTRIBUTION OF PROCEEDS
TIMOTHY L. BROOKS, District Judge.
Plaintiff, the United States, seeks an order confirming the sale of real property located at 11717 Stage Coach Road, Gravette, Arkansas 72735 (hereinafter "Property 1"), and distributing the proceeds from that sale which have been deposited into the Court's registry. The IRS sold Property 1 at public auction to Anthony and Suzanne Steele for $480,000. All defendants who are not in default in the case consent to the relief sought in the United States' motion. After consideration of the United States' motion,
IT IS THEREFORE ORDERED that the sale of Property 1 to Anthony and Suzanne Steele is hereby confirmed. The IRS shall issue a deed to Anthony and Suzanne Steele for Property 1.
IT IS FURTHER ORDERED that the Clerk of the Court shall distribute the proceeds of the sale, currently deposited with the Registry of the Court, as follows:
a. First, to the Property Appraisal and Liquidation Specialists (PALS) (payable to the "United States Treasury") for the costs and expenses of the sale in the amount of $2,435.03. (3rd Colee Decl., ¶ 7; Exh C.) The check should be sent to:
Roberta Colee, PALS
Internal Revenue Service
109 S. Highland Ave., Room 103
Jackson, Tennessee 38301-6104
b. Second, to the Benton County Tax Collector (payable to "County Collector") in the amount of $3,236.89, for real property taxes due and owing on Property 1. (Exhibit D, Benton County Record.) The check should contain the notation "Parcel No. 18-12152-000" on the memo line, and be sent to:
Benton County Tax Collector
215 East Central Avenue, Room 101
Bentonville, Arkansas 72712
d. Fourth, to the United States (payable to the "U.S. Department of Justice") in the amount of $474,328.08 (the remaining proceeds) to be applied to the December 27, 2016, judgment in the above-captioned case against Lester and Mary Ramer (Doc. 72, ¶¶ 10-13). The check should be sent to:
For regular mail delivery: For overnight delivery:
Department of Justice, ATTN: TAX FLU Department of Justice ATTN: TAX FLU
P.O. Box 310-Ben Franklin Station Room 6647-Judiciary Center Building
Washington, DC 20044 555 Fourth Street, N.W.
Washington, DC 20001
IT IS SO ORDERED.
