A division of Ohio Real Estate Auctions
1-877-BID-OHIO (243-6446) 

Performing foreclosure auctions and judicial
sales for banks and mortgage servicers

Ohio's Private Selling Officers

Court Ordered Real Estate Auction


More Information

Court Ordered Real Estate Auction

Franklin County Case # 15CV005017

BENCHMARK BANK

vs.

LED CONSULTING, INC. et al.

 

MINIMUM BID ONLY $72,223.00

May 12, 2015 @ 11:00 A.M., On-site

Address:  5793 Empire Mills Run, Canal Winchester, OH  43110

Franklin County Parcel #:  490-261193-00

Annual Taxes:  $2,784.14

Open Inspection: Wednesday, May 4 from 11:00-11:30 AM. and 30 minutes prior to the auction.

Description:  Built in 2003 this bi-level home features 2006 square feet of living space. There are 7 rooms, 3 bedrooms, 2 full and one 1/2 bath.

Annual Taxes: $2,784.14


Plaintiff

BENCHMARK BANK

Defendant Name

LED CONSULTING, INC. et al.

Attorney

Jonathan Veley

Viewing Dates

May 4, 2016 from 11:00-11:30 AM and 30 minutes prior to the auction.


Property Map


Lead Auctioneer

Ron Denney
Email Ron

W: 937-572-4468


Auctioneer

Tim Lile
Email Tim

W: 937-689-1846


Directions:

Gender Rd. (AKA Ohio 674) north from Rt. 33 to east on Winchester Lakes Blvd., to right on Iola Boat Lane to right on Canal Bridge Dr. to right on Empier Mills Run.


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.

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