Second Sale Date:
Monday, November 30th
More Information
Court Ordered Real Estate Auction
Franklin County Case # 14 CV 2151
BENCHMARK BANK
vs.
NATHAN C. LYONS et al.
MINIMUM BID ONLY $19,386.00
May 29, 2015 @ 1:00 P.M., On-site
Address: 666 ELWOOD AVE., COLUMBUS OH 43207
Franklin County Parcel #’s: 010-114597-00 & 010-1145598-00
Open Inspection: Thursday May 21st from 1:00-1:30 P.M. and 30 minutes prior to the auction.
Description: This 1,120 square ft. home was built in 1954 and features 2 bedrooms and 1 full bathroom. The home is in good condition and is situated on 2 lots with a total lot size of 80’x179’
LEGAL DESCRIPTION
Situated in the State of Ohio, County of Franklin and City of Columbus:
Being Lots Numbered Ninety-Five (95) and Ninety-Six (96) of SOUTHGATE ADDITION, as the same is numbered and delineated upon the recorded plat thereof, or record in Plat Book 18, Page 14, Recorder's Office, Franklin County, Ohio. Subject to legal highways.
Parcel Numbers: 010-114598.00 and 010-114597.00
Commonly known as: 666 Elmwood Avenue, Columbus, Ohio 43207
Lot Size: 80x179
Annual Taxes: $972.00 (both lots)
Plaintiff
Benchmark Bank
Defendant Name
Nathan C. Lyons et al.
Attorney
Jonathon Veley
Viewing Dates
May 21 from 1:00-1:30 P.M. and 30 minutes prior to the auction.
Property Map
Basic Terms:
*This is a Foreclosure Auction ordered by a County Common Pleas Judge. The foreclosure process clears all liens and encumbrances on the subject property.
*The property sells with a minimum opening bid of 2/3 of the appraised value.
*In the case of a tax-lien foreclosure, the opening bid is the aggregate of the tax certificate, interest, court costs and current tax proration.
*The required deposits are as follows:
$2,000 for properties appraised for $10,000 or less.
$5,000 for properties appraised between $10,000 and $200,000.
$10,000 for properties appraised over $200,000.
*If the property is being sold at a physical location, the buyer will immediately write a check for the required deposit. If there are no bids at an on-site auction there will be a second auction between 7-30 days later. The second auction will be offered regardless of price.
*If the property is being sold Online, the successful bidder must wire or directly deposit the required amount into the Chase Bank trust account for Ohio Sheriff Sales within 24 hours of the end of the auction. Credit cards may also be taken for the deposit along with a 3% processing fee.
*The real estate is sold As-Is with no contingencies. All inspections (if available) must be done prior to Auction.
*Close within 30 days of court confirmation.
*No contract is signed after the auction. A one page buyer information form is the only document that is required by the court. See http://www.ohiosheriffsales.com/download_forms for the form.
*A 10% buyer's premium will be added to the high bid to obtain the final selling price.
*Buyer pays all closing costs.
*Private Selling Officer deed or equivalent given at closing with no liens or back taxes.
*The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.
Realtor Participation:
Realtor showings and cooperation are encouraged if the property is vacant and on lock box. For full compensation instructions, see http://www.ohiosheriffsales.com/realtors Please call Auctioneer to schedule all showings.