INDUSTRY NEWS: TAX SALES

Bids due Aug. 10 for Putnam County tax sale

Monday, July 30, 2018   (0 Comments)
Posted by: Carly Cahur
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HENNEPIN — Putnam County has completed its tax deed proceedings on real estate properties that were delinquent for 2014 and mobile homes that were delinquent for 2014 and prior real estate taxes. The county as trustee will offer for sale the real estate and mobile homes obtained to the public.

It will offer approximately eight real estate items and two mobile home items through a sealed bid auction sale. All sealed bids must be in the county’s treasurer’s office located in the county courthouse, 120 N. Fourth St., Hennepin, IL 61327 no later than the close of business on Aug. 10.

“The sale of these lots and mobile homes should be a major benefit to both the taxing districts and the neighboring property owners. This sale will place the real estate and mobile homes into the hands of individuals who have an interest in owning them. The county hopes these new owners will maintain the property and the mobile homes and keep the taxes paid,” a press release from the county read. “By eliminating abandoned properties, the appearance of the neighborhood should improve and the value of the adjoining properties should increase.”

The required minimum bid on real estate is $787 and on mobile homes is $845. All items will be sold to the highest sealed bid received on or before Aug. 10. Packets and sale catalogs are available at the county’s treasurer’s office or at www.iltaxsale.com.

For more information, contact the auction sale department of the Putnam County Tax Agent’s Office at (800) 248-2850 or (618) 656-5744 or visit www.iltaxsale.com. Office hours are 8 a.m.-5 p.m. Monday-Friday.

The original story was posted here


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