Call Tim Lile - Auctioneer if you would like to make an offer
ABSOLUTE REAL ESTATE AUCTION
Live Onsite Bidding
Thursday, October 18th @ 2:00pm
(Internet Bidding Ends @ 2:45pm)
125 E. Second Street, Franklin, Ohio 45005
2 Tracts Offered Separately & Together
See Listing for 121 E. Second Street
125 E Second Street: +/- 1,561 SF, 3 Bedroom, 1 bath home built in 1922 is currently appointed for office use, but could easily be converted to residential use. Includes a 1-car attached garage. Warren County PID: 0432450140. Taxes: $2,890.
Tax appraised at $135,240. NO Minimum & NO Reserve!
Offered Separately & Together Re-parceling: Seller has contracted local surveyor for preliminary drawings and sketches to separate the 2 parcels eliminating encroachments. City of Franklin has stated the proposed new boundaries would be acceptable. Properties will be offered separately and together and sell in the manner garnering the highest sales price. If sold separately, buyers will equally split the final costs of recording and drafting of new legal descriptions. If sold together, buyer will have the option to complete the re-parceling.
Bid Increments: for this auction is $500.
Max Bid: 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. Bid extensions continue until a 5 minute period of time elapses with no bids placed after the stated auction end time.
Tim Lile, CAI – Auctioneer
Disclaimer: 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. 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.
Lot Size: See Above
Annual Taxes: $ See Above
LEAD AUCTIONEERTim Lile
Sells to the highest bidder(s) regardless of price subject to no minimum and no reserve. As-is with no contingencies for financing, inspections or otherwise. All desired inspections should be completed prior to auction. 10% Buyer's Premium will be added to winning bid(s) to establish final contract selling price(s). Short tax proration. Buyer(s) pays all closing costs. Deed(s) will contain restriction prohibiting any and all funeral service related future use.
Deposit and Closing:
Successful bidder(s) will be required to deposit 10% of the total contract price on auction day. Close on or before November 16, 2018 through M & M Title Company.
See Realtor Registration Form in Documents Section