More Information
Court Ordered Real Estate Auction
Franklin County Case # 14 CV 3168
BENCHMARK BANK
vs.
SCHLATER FAMILY HOMES, LLC et al.
MINIMUM BID ONLY $27,334.00
May 29, 2015 @ 2:00 P.M., On-site
Address: 4934 N. CRYODON BLVD., COLUMBUS OH 43232
Franklin County Parcel #: 530-139724-00
Open Inspection: Thursday May 21st from 2:00-2:30 P.M. and 30 minutes prior to the auction.
Description: This 3 bedroom 2 full bath home was built in 1965 and has 1118 square feet of living space. The lot size is 60x120. the house needs some minor updating.
LEGAL DESCRIPTION
Situated in the State of Ohio, County of Franklin and in the City of Columbus:
Being Lot Number Twenty (20) in AMBERL Y SUBDIVISION, as the same is numbered and delineated upon the recorded plat thereof of record in Plat Book 36, Pages 114 and 115, Recorder's Office, Franklin County, Ohio.
Parcel No. 530-139724-00
Address: 4934 Cryodon Blvd. N., Columbus, OH 43232
Lot Size: 60x120
Annual Taxes: $1,405.40
Plaintiff
Benchmark Bank
Defendant Name
Schlater Family Homes, LLC et at
Attorney
Jonathon Veley
Viewing Dates
May 21, from 2:00-2:30 P.M. and 30 minutes 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.
*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.