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

AUCTION CANCELED DUE TO BANKRUPTCY


More Information

Live Foreclosure Auction

Sells Onsite @

659 Ridgefield Rd., Newark, Ohio 43055

Thursday, March 8th @ 10:00am

AUCTION CANCELED DUE TO BANKRUPTCY FILING

To be rescheduled!

(Online Bidding Ends @ 10:20)

Online Bidding Available Now!

Property Description: 900 SF 3BR, 1 Ba SFR built in 1958 w/ detached garage.  Tax Appraised at $69,700.  Minimum Bid Only $28,000

Licking County PID: 054-219906-00.000     

Tax Appraised Value: $69,700

Minimum Bid: $28,000

Lot Size: 950 SF on platted lot

Annual Taxes: $1,111.52


Plaintiff

Peoples Bank National Association

Defendant Name

Louis A. Patterson aka Louie A. Patterson., et al.

Attorney

Knowlton, Bennet & Conaway

Viewing Dates

30 minutes prior to auction.


Property Map


Lead Auctioneer

Tim Lile
Email Tim

W: 937-689-1846


Basic Terms:

This is a Foreclosure Auction ordered by the Licking 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 $28,000.

Required deposit on Auction Day is $5,000

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 Purchaser Information Form attached in "Documents" section. 

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 given at closing with no liens or back taxes.

Provisional Auction Date: In the event the minimum bid is not achieved on the first auction date, a second auction will take place on Thursday, March 29th @ 10:00am subject to no minimum bid.

The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.  In this instance, the stated minimum bid will cover all costs, allowances, and taxes.

 

Realtor Participation:

Realtor coop available.  For full compensation terms and requirements, see "Realtor Registration Form" attached to this listing.

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