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 TAX ACQUIRED PROPERTY IN MADISON

Notice:  Tax Acquired Property for sale by Sealed Bid

20 Park Street (in-town lot with town water & sewer)

July 15, 2025

The Madison Select Board is notifying the public that the Town will be taking sealed bids on the following property:

            20 PARK STREET

            TAX MAP 021-060

            BOOK 4366 PAGE 351 SOMERSET COUNTY REGISTRY OF DEEDS

The minimum bid is $27,500 to cover the cost of back taxes, unpaid utilities, legal and administrative costs associated with the property and the cost of cleanup of the lot and removal of all buildings. 

No financing or payment plans will be considered. Funds should NOT be included in the bid, but payment must be received within 7 days of the Select Board decision.

Bids must be received at the Town Office by 4pm on Monday September 22, 2025. The Select Board will open and consider bids at the regularly scheduled meeting on Monday, September 22, 2025 at 6:30pm at the Old Point School meeting room. 

Any bid that does not meet the minimum bid requirement of $27,500 may be rejected.

The Madison Select Board reserves the right to reject any and all bids.

For further information you can contact Denise Ducharme, Town Manager, at 696-3971.