1-877-BID-OHIO (243-6446) 

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Real Estate at Public Auction

Indian Lake Income Property on Channel with Boat Docks

More Information

This beautiful property is located on a channel of Indian Lake in Lakeview, Ohio. It includes a residence with 5 rms, 3 br, 2 bath, 50,000 BTU gas heat, 2 ton central air unit, 1215 sq. ft. In addition there is a custom 1200 sq. ft. garage with 2 large bays and a half bath, well insualted.

The dock area consist of 19 coverd docks with lifts and retaining wall. The docks are leased yearly @ $950 per dock. The leases are due in May of every year.. Currently 17 boat docks are leased with 2 for the owner which produces $16,150 yearly. Owner will give new Buyer this years income for the dock leases. Appraised value of this entire property is $335,000.

Lot Size: Logan County Auditor Site. Parcel #43-004-19-11-025-000 Parcel #43-004-19-11-025-000

Annual Taxes: $ 4,655.00


Property Map


LEAD AUCTIONEER

Steve Smith
Email Steve

C: 937-441-3627
W: 937-592-2200


Basic Terms:

 This property sells to the highest bidder subject to owners confirmation. In order to bid you must bring cash or cashiers check in the amount of $10,000 made payable to Smith, Smith, Montgomery & Chamberlain, which will be your non refundable deposit if you are the high bidder. All other bidders will be refunded immediately.

Property sells as-is with no buyers contingencies. Close within 30 days. Long Tax proration. Buyer paid closing costs.

Deposit and Closing:

Close within 30 days of auction. Buyer paid closing. Closing will be with Smith, Smith, Montgomery, & Chamberlain in Bellefontaine, Ohio

Realtor Participation:

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

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