More Information
Court Ordered Real Estate Auction
Franklin County Case # 16CV00250
BENCHMARK BANK
vs.
CHARLES A. MOON et al.
INCOME PRODUCING WESTERVILLE PROPERTY
Auction Date: April 10, 2018 @ 10:00 A.M., On Site
46 & 48 N. State St., Westerville, OH 43081
Minimum Bid Only $132,224.00 + 10% Buyer’s Premium
Franklin County Parcel#'s 080-000383-00 & 080-000384-00
This building boasts two store fronts and two walk up apartments in the heart of Westerville. The property has long term tenants and currently produces $5,750.00 per month in rental income.
ONLY THE REAL ESTATE IS FOR SALE
PLEASE DO NOT DISTURB THE TENANTS
* This property has a Notice of Violation from the City of Westeville. The new owner will ackowledge receipt of the violation at the auction. The notice along with a copy of an email from Westerville Code Enforcement Officer will be availible for review prior to bidding. Please contact David Hays, Code Enforcement Officer at (614) 901-6660 or david.hays@westerville.org. with questions about the violation.
Lot Size: 54'x145'
Annual Taxes: $9,902
Plaintiff
BENCHMARK BANK
Defendant Name
CHARLES A. MOON, et al.
Attorney
Jonathan Veley
Viewing Dates
April 3 , from 10:00-10:30 AM and 1 hour 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.
*The successful bidder will place a deposit in the amount of 10% of the final selling price at the conclusion of the auction
*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.
*Master Commissioner deed or equivalent given at closing with no liens or back taxes.
* This property has a Notice of Violation from the City of Westeville. The new owner will ackowledge receipt of the violation at the auction. The notice along with a copy of an email from Westerville Code Enforcement Officer will be availible for review prior to bidding. Please contact David Hays, Code Enforcement Officer at (614) 901-6660 or david.hays@westerville.org. with questions about the violation.
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.