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Court Ordered Real Estate Auction ~ Dayton, Ohio

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COURT ORDERED REAL ESTATE AUCTION

By Master Commissioner

Live Onsite Bidding

Thursday, January 31st @ 4:00pm

(Internet Bidding Ends @ 4:30pm)

761 Miamisburg-Centerville Road

Washington Township, Ohio 45459

Appraised @ $522,000 ~ Minimum Bid ONLY $348,000!

Montomery County Case No. 2012CV08011

JP Morgan Chase Bank NA VS.

RTG Investments, LLC, et al.

PROPERTY DESCRIPTION:  +/- 7,835 SF PERFECTLY LOCATED 2-Story, Multi-Use building on high-traffic, Miamisburg-Centerville Road (OH 725) on the edge of Centerville in Washington TWP (NO CITY INCOME TAX!). Situated on .9183 acres next door to the very popular Paragon Club Restaurant. Property has an asphalt parking area totaling 23,000 SF.  Location and visibility offer numerous possible uses.

MONTGOMERY COUNTY PID: O67 20002 0003

BIDDING NOTES: 

Bid Increment: for this auction is $500. 

Max Bid: When you place a bid, you can place a "Max Bid" and the system will bid for you in $500 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.

Steve Thompson – Auctioneer

Court-Appointed Master Commissioner

(937)609-6177

sthompson@thompsonauctioneers.com

 

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: +/- 7,835 SF on .9183 acres

Annual Taxes: $ 15,964.54


Property Map


LEAD AUCTIONEER

Tim Lile
Email Tim

W: 937-689-1846
F: 1(877)772-4217

AUCTIONEER


Steve Thompson
Email Steve

W: 937-609-6177


DIRECTIONS:

From I-675 go East on OH-725 to subject property.  From OH-48 go West on OH-725 to subject property.


Basic Terms:

Property selling by Court-appointed Master Commissioner subject to minimum bid of $348,000 which is 2/3rd’s of Montgomery County Sheriff’s appraised value of $522,000. Other terms are: 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 to establish final purchase price. Taxes prorated to date of sale. Buyer pays all closing and transfer costs.

Deposit and Closing:

Successful bidder will be required to deposit 10% of the total purchase price on auction day.  Close within 30 days of Court Confirmation through M & M Title Company.

Realtor Participation:

See Realtor Registration Form in Documents section of this listing.

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