A division of Ohio Real Estate Auctions
1-877-BID-OHIO (243-6446) 

Performing foreclosure auctions and judicial
sales for banks and municipalities

Ohio's Private Selling Officers

Court Ordered Real Estate Auction


More Information

Terrific opportunity to purchase a country property, built in 2003 that boasts 1620 square feet of living space, plus an unfinished basement. This 3 bedroom, 2 bath home is situated on a 1.572 acre lot that even has a small pond. A stone fireplace in the main living area gives the home a lodge feel.  There is a 2 car detached garage with semi finished upper room.

Lot Size: 2.775 Acres

Annual Taxes: $2685.36


Plaintiff

Benchmark Bank

Defendant Name

Villacraft, LLC, et al

Attorney

Jonathon Veley

Viewing Dates

No interior viewings. Please do not trespass.


Property Map


Lead Auctioneer

Ron Denney
Email Ron

W: 937-572-4468


Directions:

Rt. 229, east from Marengo


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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