More Information
Last purchase price was $285,000 in 2010. Licking Co. Auditor value is $225,000. 134 Union is Mr. B's appliances. 138 is A.R.M. and 146 is Midway Tap (Bar). Great location close to everything in Newark.
Lot Size: .78 Acres
Annual Taxes: $3,850
Plaintiff
The Huntington National Bank
Defendant Name
Peacock Properties LLC, et al
Attorney
Jeff Madison
Viewing Dates
3 current tenants in place. One is a bar, the other 2 are retail businesses. No public viewings are planned.
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 $116,667.
*The required deposit is $5,000.
*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 by 5 PM the day of 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 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.
*Bid increment for Online Bidding is $100.
*When you place a bid, you can place a "Max Bid" and the software will bid for you in $100 increments. You will be notified by email 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.
Realtor Participation:
.