More Information
This 3.44± acre property is situated in a very nice rural setting and includes a commercial building, 13 storage units, a home, and a .33± acre pond. The 8,276± sf commercial flex building was previously used as an auto repair shop and self-storage facility with 13 storage units. It has office space in front and a shop with roll-up doors in the rear, both with air conditioning. The 2,120± sf, 4 bedroom, 2.5 bath ranch home features a large country kitchen, fireplace, basement and a two car garage with a fenced rear yard. A recent zoning change placed the property as Heavy Industrial; however, the single-family residence is grandfathered and permissible for residential purposes.
Plaintiff
Fifth Third Bank
Defendant Name
First Choice Automotive, LLC, et al.
Attorney
Patricia L. Hill - Statman, Harris & Eyrich, LLC
Viewing Dates
October 9th, 2:00pm – 3:00pm October 16th, 10:00am – 11:00am
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.