Second Sale Date:
Monday, November 30th
More Information
Court Ordered Real Estate Auction
Franklin County Case # 15CV008843
BENCHMARK BANK
vs.
MACHELE A. FARMER et al.
March 8, 2016 @ 2:30 P.M. On-Site
MINIMUM BID ONLY $12,667.00 + 10% Buyers Premium
Address: 2672 Osceola Ave., Columbus, OH 43211
Franklin County Parcel #: 010-073685-00
Open Inspection: 30 minutes prior to the auction.
Description: This 672 sq. ft., single story ranch home features a newer roof, vinyl siding and updated mechanicals. This house has 2 bedrooms, 1 bathroom and is on a full basement.
LEGAL DESCRIPTION
Situated in the State of Ohio, County of Franklin and City of Columbus:
Being Lot Number Two Hundred Thirty Six (236), Almada Addition, to the City of Columbus, Ohio, as the same is numbered and delineated upon the recorded plat thereof, of record in Plat Book 8, page 4-B, Recorder’s Office, Franklin County, Ohio.
Parcel No.: 010-073685
Property Address: 2672 Osceola Drive, Columbus, Ohio, 43211
Prior Instrument Reference: Instrument No. 201307250124571, Franklin County Recorder’s Office.
Lot Size: 40X117
Annual Taxes: $686.56
Plaintiff
BENCHMARK BANK
Defendant Name
MACHELE A. FARMER, et al.,
Attorney
Jonathan Veley
Viewing Dates
30 Minutes prior to the auction.
Property Map
Lead Auctioneer
Ron Denney
Auctioneer
Tim Lile
Directions:
Weber east from I 71 to south on Osceola Ave.
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.