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Foreclosure Auction of Franklin Co. 6,912 SF office building

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Franklin Co. Foreclosure Case # 11cv013925. JPMorgan Chase Bank vs Mizpah Fund I, LTD.

6,912 SF of Class B office space. Currently set up for 2 tenants but can be configured in many ways.  Built in 1981. Aprox 20 parking spots. 0.592 Acres. Annual taxes are $16,196 based on a 580,500 tax appraisal. Franklin Co. Parcel # 010-151090. The foreclosure Auction will clear all liens and taxes.

Lot Size: 0.592 Acres

Annual Taxes: $ 16,196

Property Map


Barry Baker
Email Barry

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


From downtown Columbus go North on 315 to West on Bethel. Turn left on Reed Rd. Take your first left into the parking lot. The property is on the SE corner of Bethel and Reed.

Basic Terms:

Sells with a minimum opening bid of $200,000. In order to bid you must bring cash or check for 10% of the high bid which will become your non refundable deposit if you are the high bidder. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days of court confirmation. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. Sheriff' deed or equivalent given at closing with no liens or back taxes.

Deposit and Closing:

Closing will take place within 30 days of court confirmation. Buyers will close at Talon Title Co.

Realtor Participation:

Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings. Lock box on property.

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