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

Performing foreclosure auctions and judicial
sales for banks and mortgage servicers

Ohio's Private Selling Officers

Ohio River Executive Style Home on 3 Acres


More Information

 

Bidding starts at $309,334. 5,232 SF Brick two story, 4 bed, 3.5 bath, 5 car garage (1,952 SF of Garage Space), executive style home on over 3 acres. Auditor value is $463,920. Fairland LSD.

Hillside view across the road from the Ohio River. Covered outdoor kitchen with bar, sink, fridge and counterspace. Large paver patio on the rear of the house. Private covered rear porch with secluded tree view. Fenced yard. Well and septic. Propane heat. Stone retaining wall behind the house. 3 AC units. The 2 car detached garage is HUGE with upstairs loft. The car, storage and workshop areas of this house are amazing. It is believed that the detached shed behind the garage is on another property and will not convey.

Interior features hardwood floors, trim, cabinets and staircase that are most likely cherry (see pics). Huge entertaining kitchen with 6 burner gas stove on the granite island, double oven. Grand 2 story entryway with curved custom staircase. Office off of entryway. Formal dining room. Bonus room with vaulted ceiling. Large master bedroom and bath with jetted soak tub, double vanity, dual head walk in shower. 9x9 Laundry room. Tiled garage floor in the 3 car attached garage. Walk up attic storage above the garage. Multiple HVAC zones. Estimated costs to duplicate this property today would be well over 1 million dollars. Don't miss this chance!

Lot Size: 3.17 Acres

Annual Taxes: $4,774


Plaintiff

WesBanco Bank Inc

Defendant Name

Anthony L. McQuaid, et al

Attorney

Johnson, Oliver and Howard

Viewing Dates

The property is occupied. Please do not trespass!!


Property Map


Lead Auctioneer

Barry Baker
Email Barry

W: 937-581-3037
F: 614-635-3474


Basic Terms:

*This is a Foreclosure Auction ordered by the Lawrence 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 $309,334.

*The required deposit is $10,000.

*In the case of an online purchase, the 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 of auction. 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. ACH deduction is also available with no additional cost by providing your bank account information to the PSO. This method is highly recommended. If deposit has not been made by 12:00pm the day following the auction, the credit card provided at the time of registration will automatically be charged along with the 4% 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 THIS LINK for the form.

*A 10% buyer's premium will be added to the high bid to obtain the final selling price.

*Provisional Auction Date: In the event the minimum bid is not achieved on the first auction date, a second auction will take place between 7-30 days later subject to no minimum bid.

*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. (This would typically only be in effect for a property that sells for less than the amount of taxes that are owed.)

*Bid increment for Online Bidding is $1,000.

*When you place a bid, you can place a "Maximum Bid" and the software will bid for you in $1,000 increments. You will be notified by email and text 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.

 

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