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

Ashtabula Co. Foreclosure of Home on 2.7 Acres


More Information

3 bed, 2 bath ranch on full basement with a 2 car attached garage and a great newer built detached 4 car barn all on 2.756 Acres located in Morgan Township with Jefferson area local schools. Built in 1998 with 1,316 SF of living area. Tax appraisal is $139,200. 11x27 rear deck with great views of the woods.

The Village of Rock Creek was settled in 1798, organized in 1819, and incorporated as a village in 1849. The population is approximately 2500, including the surrounding township. Rock Creek is located in south central Ashtabula County, 9 miles south of I-90 and 15 miles south of Lake Erie and adjacent to the private lakefront community of Roaming Shores. 

State Route 45 passes thru the center of the village, with approximately 4000 cars traveling the highway on an average day. Rock Creek is 55 miles east of Cleveland, 35 miles north of Youngstown, and 45 miles west of Erie PA. 

Rock Creek is the home to a variety of businesses and industry, five churches, an elementary school, a community center, and much more.

Annual Taxes: $2,331


Plaintiff

The Huntington National Bank

Defendant Name

Robert H. Banks, et al

Attorney

Larry Rothenberg

Viewing Dates

No interior viewing. The Defendants are still living in the property.


Property Map


Lead Auctioneer

Barry Baker
Email Barry

W: 937-581-3037
F: 614-635-3474


Directions:

From the intersection of US-6 and OH-45, go North on OH-45 into Rock Creek to Rt on E. Water St. which becomes Hayford Rd. The properties will be on your left about 1.8 miles from the center of Rock Creek.


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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