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

Foreclosure Auction ~ Wellston, Ohio


More Information

ONLINE ONLY FORECLOSURE AUCTION

232-234 W. 13th Street

Wellston, Ohio 45692

Bidding Ends

Thursday, October 29, 2020 @ 2:30pm

Property Description: 1,016+/- SF, 2 Bedroom, 1 Single Family Home home built in 1930 on 3 parcels totaling 1.424+/acres.

Jackson County PID’s: M240270001100; 1200; 1300

Tax Appraised Value: $46,200  

NO MINIMUM BID

Case Information: Jackson County Case #17-CIV-0105;  Peoples Bank successor in interest by merger to The First National Bank of Wellston vs Brent E. Ervin, et al.

ONLINE BIDDING NOTES:

Bid Increment: online bidding increments for this auction is $100.

Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $100 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.

Bid Extensions: If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding.

Tim Lile, CAI - Private Selling Officer

(937)689-1846

Tim@OhioSheriffSales.com

Disclaimer:  Information contained herein was obtained from sources deemed reliable. However, neither Ohio Sheriff Sales, LLC, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Announcements made at the auction will take precedence over written material or any other statements made prior to the auction. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.

Annual Taxes: $4,412


Plaintiff

Peoples Bank successor in interest by merger to The First National Bank of Wellston

Defendant Name

Brent E. Ervin, et al.

Attorney

Malinda Langston

Viewing Dates

No interior viewings. Do not trespass.


Property Map


Lead Auctioneer

Tim Lile
Email Tim

W: 937-689-1846


Auctioneer

Ron Denney
Email Ron

W: 937-572-4468


Basic Terms:

* This is a Foreclosure Auction ordered by the Jackson County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property.

* The property sells subject to NO MINIMUM BID.

* The required deposit is $5,000.

* 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 following auction end. 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. If deposit has not been made by end of business the day following the auction end, purchaser automatically authorizes the required deposit amount be charged to the credit card provided at the time of registration plus the 4% processing fee.

* The real estate is sold As-Is with no contingencies. 

* Closing required within 30 days of court confirmation.

* No contract is signed after the auction. A one page Purchaser Information Form is the only document that is required by the Court. See Documents section of this listing 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.

* Provisional Auction Date is now in effect. As the $20,000 minimum bid was not achieved on the first auction date, a second online auction will now take place ending on October 29, 2020 @ 2:30pm 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.

* BUYER 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 penalties including possible being found in contempt of court.

 

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