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

Receiver Auction Piqua, Ohio 2 Buildings offered Separately & Together


More Information

2 Tracts offered Separately and Together

AGGREGATE MINIMUM BID ONLY $50,000

 

Tract 1: 1715 W. High St., Piqua, Ohio 45356 - 8,656 SF Concrete Block, Brick & Steel Frame Office Building with Flat, Rubber Membrane Roof. Numerous offices, Conference Room, Storage and large open room with up to 10' ceilings.  Situated on 1.715 Acres.  Miami County PID: N44-100300

Tract 2: 1725 W. High St., Piqua, Ohio 45356- 2,608 SF Wood Frame Storage Building. Pitched, Shingled Roof .  10 to 16 foot ceiling height with Loft type space open to roof deck.  8x10 Overhead Door, 10x14 Overhead Door.  Situated on 1.175 Acres.  Miami County PID: N44-100500

Total Parking Capacity: 40-Vehicles

Tim Lile, CAI - Auctioneer

timlileauctioneer@gmail.com

937.689.1846

Peter B. Hoshor - Receiver
Gammell, Ross & Hoshor, LLC

Lot Size: 8,656 SF Office Building on 1.715+/- Acres & 2,608 SF Storage/warehouse building on 1.175+/- Acres.

Annual Taxes: $7,556.22


Plaintiff

Fifth Third Bank

Defendant Name

Tipp City Properties, LLC, et al.,

Attorney

Patricia L. Hill

Viewing Dates

Thursday, July 2nd from 12:00pm to 1:00pm

30 minutes prior to auction


Property Map


Lead Auctioneer

Tim Lile
Email Tim

W: 937-689-1846


Auctioneer

Ron Denney
Email Ron

W: 937-572-4468


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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