More Information
Real Estate Auction
5850 Weidner Road
Springboro, Ohio 45066
Live Onsite Auction
Sunday, May 5th @ 1:00pm
{ONLINE BIDDING AVAILABLE @ OhioRealEstateAuctions.com}
Selling to Settle the Estate of Ronald Lee Sowder (WarrenCounty Case #PE20241077)
Timothy Sizemore-Executor
Zestimate $557,300 ~ Bid Your Price @ Auction
REAL PROPERTY DESCRIPTION: 2,253+/- SF, 3 Bedroom, 2 Bath, Brick Ranch built in 1978 over a full walkout basement on 5.047+/- acres. Includes large attached 2-car garage and 4 outbuildings.
BUTLER COUNTY PID: 817126005 Annual Taxes: $6,042
INSPECTIONS: April 21 & 28 ~ 11am to 12:30pm & 1 hour prior to Auction
TERMS: Property sells As-Is with no contingencies for financing, inspection or otherwise subject to Executor Confirmation at the conclusion of bidding. All desired inspections should be completed prior to placing a bid. 10% Buyer's Premium will be added to winning bid to establish the final contract selling price. Short tax proration in effect. Buyer pays all closing costs.
DEPOSIT AND CLOSING: Successful bidder will be required to deposit 10% of the total contract selling price by check at the conclusion of the auction if present onsite or via wired funds by the end of business the day after auction if bidding online. Closing required on or before June 5, 2024 through M & M Title Company as escrow/closing agent.
* ONLINE BIDDING NOTES:
Bid Increment: Online bidding increment for this auction is $500.
Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $500 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.
Live Auction Bidding vs Online Bidding: On Sunday, May 5, 2024 at 1:00pm, the property will be offered for live bidding starting at the current online high bid at that time. Assuming the onsite bid exceeds the online bid level, that figure will be inserted to the online bidding platform. Online bidders will have until 1:30pm to advance the bid. From that time, bidding extensions will be implemented as outlined below.
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.
Realtor Participation: Contact Auctioneer for terms & requirements.
***Personal Property Auctions April 27th & May 5th (following Real Estate)***
Details @LunsfordAuctioneers.com***
Tim Lile – Auctioneer
(937)689-1846
TimLileAuctioneer@gmail.com
Bid NOW @ www.OhioRealEstateAuctions.com
Disclaimer & Legal Disclosure: Information contained herein was obtained from sources deemed reliable. However, neither Ohio Real Estate Auctions, LLC, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same. In all reserve auctions, Seller & Seller’s agent’s are permitted to place bids as provided for in the Ohio Revised Code & the Uniform Commercial Code. This right is negated in the case of an absolute auction. All auctions are considered with reserve unless specifically presented as absolute.
Lot Size: 2,253+/- SF on 5.047+/- acres
Annual Taxes: $ 6,042
Property Map
Basic Terms:
Property sells As-Is with no contingencies for financing, inspection or otherwise subject to Executor Confirmation at the conclusion of bidding. All desired inspections should be completed prior to placing a bid. 10% Buyer's Premium will be added to winning bid to establish the final contract selling price. Short tax proration in effect. Buyer pays all closing costs.
Realtor Participation:
Successful bidder will be required to deposit 10% of the total contract selling price by check at the conclusion of the auction if present onsite or via wired funds by the end of business the day after auction if bidding online. Closing required on or before June 5, 2024 through M & M Title Company as escrow/closing agent.