Bank-Owned Real Estate Auction
221 Memorial Street, Coal Grove, Ohio 45638
Live Onsite Bidding
Tuesday, November 16th @ 1:00pm
(Online Bidding Ends @ 1:30pm)
Tax Appraised at $82,800 ~ Minimum Bid ONLY $10,000
PROPERTY DESCRIPTION: 1,678+/- SF, 3 Bedroom, 1.5 Bath, Single Family Home built in 1910 over a crawl space on 3 parcels totaling a .39+/- acre lot. 2 detached garages included.
LAWRENCE COUNTY PID’S: 29-072-0800; 29-006-1800; 29-040-1400
* ONLINE BIDDING NOTES:
Bid Increment: online bidding increment 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 – Asset Advisor/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: 1,678+/- SF on .39+/- acres
Annual Taxes: $ 4,373
Property sells As-Is with no contingencies for financing, inspections or otherwise subject to minimum bid of $10,000. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs. Guaranteed clear title with no back taxes or other liens.
Deposit and Closing:
Successful bidder will be required to deposit $5,000 at the conclusion of bidding. Close on or before December 14, 2021 through M & M Title Company.
See Realtor Registration Form in Documents Section of this listing for terms and requirements.