Second Sale Date:
Wednesday, January 15th @ 12:00 PM
More Information
Bidding starts at $860,000. Marble Cliff Home with 5,155 SF, 5 bed, 4.5 baths, 3 car garage, in-ground pool, 1.585 Wooded Acres. 1928 Cotswold Cottage style home that has been meticulously maintained. Additions($1.2M) by Matrka Builders include an amazing great room with 3 walls of windows overlooking the wooded lot & an unbelievable Owner's suite with chestnut beam vaulted ceilings, marble bath with steam shower. This 5 BR, 4 Full BA home is truly a masterpiece. 7 Fireplaces throughout, many of which are hand carved limestone to conserve the feel of the original cottage. A custom designed, hand dipped cedar shake roof mimics the look of the traditional thatch roof of English Cotswold style homes. Designed by Stock & Stone, this home conserves the traditional look while giving you the amenities of today. A rare opportunity to own a unique property in a gorgeous setting in desirable Marble Cliff!
Lot Size: 1.585 Acres
Annual Taxes: $25,508
Plaintiff
The Huntington National Bank
Defendant Name
Peter J. Utrata et al
Attorney
Carlisle McNellie Rini Kramer and Ulrich
Viewing Dates
Text Auctioneer for private showing. 937-581-3037.
Property Map
Lead Auctioneer
Barry Baker
Directions:
Lane avenue to south on Arlington Avenue to the cul-de-sac at the end of Arlington...OR....1st Avenue West until the end at Arlington Avenue.
Basic Terms:
*This is a Foreclosure Auction ordered by the Franklin County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property.
*The property sells with a minimum opening bid of $860,000.
*The required deposit is $10,000.
*In the case of an online purchase, the successful bidder will be required to directly deposit the required amount into the trust account of Ohio Sheriff Sales at any Chase Bank branch OR initiate a wire transfer to said trust account by 5:00pm the day of auction. Purchaser may also have the deposit charged to the credit card provided at the time of registration with a 4% processing fee added to the deposit amount. ACH deduction is also available with no additional cost by providing your bank account information to the PSO. This method is highly recommended. If deposit has not been made by 12:00pm the day following the auction, the credit card provided at the time of registration will automatically be charged along with the 4% 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 THIS LINK for the form.
*A 10% buyer's premium will be added to the high bid to obtain the final selling price.
*Provisional Auction Date: In the event the minimum bid is not achieved on the first auction date, a second auction will take place between 7-30 days later subject to no minimum bid.
*Buyer pays all closing costs.
*Private Selling Officer deed 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. (This would typically only be in effect for a property that sells for less than the amount of taxes that are owed.)
*Bid increment for Online Bidding is $1,000.
*When you place a bid, you can place a "Maximum Bid" and the software will bid for you in $100 increments. You will be notified by email and text if you are out-bid.
*Bid Extensions: If a bid is received within the last 5 minutes of the Auction end time, bidding will extend for a 5-minute period of time. Bid extensions continue until all bidding is exhausted.
*Default: Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and possibly be found in contempt of court.