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Real Estate at Public Auction

Urbana Condo Lot Auction

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ABSOLUTE REAL ESTATE AUCTION

Two Urbana Condo lots Sell Subject to NO Minimum and NO Reserve!

Theses are ready to build Condo lots!

Buy one or Buy Them All!


AUCTION DATE : Wednesday, April 27, 2022 @ 11:00 AM


Auction Lot # 1

Description


225 Parkway #7 & 8, Urbana, OH  43078


Champaign County Parcel IDs: K48-25-00-02-42-007 and K48-25-00-02-42-008


This property can have two condominium units built on it. Both parcels will convey in this auction lot.

           

Auction Lot # 2

Description 

225 Parkway #9 & 10, Urbana, OH  43078


Champaign County Parcel IDs: K48-25-00-02-42-009 and K48-25-00-02-42-010


This property can have two condominium units built on it. Both parcels will convey in this auction lot.


Auction Lot #3

Description 


225 Parkway #7, #8, #9 & 10, Urbana, OH  43078


This property can have a total of 4 condominium units built on it. All 4  parcels will convey in this auction lot.



Auction Terms: Absolute auction, No minimum and No reserve. There are two condominium lots (4 parcels) in this auction and they are being offered individually or as a package. The properties will sell in the manor that achieves the highest sale price for the seller. A 10%, non refundable deposit is to be collected from the winning bidder at the conclusion of the auction by direct deposit into our JPmorgan Chase trust account or via credit card payment with a 3% surcharge. Contract signature and deposit must be made by 5 PM the day of Auction. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close on or before May 18, 2022. Possession will be given at closing. 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. General warranty deed given at closing with no liens or back taxes.



Deposit and Closing:. Transaction must close on or before May 18, 2022 with Ohio Real Estate Title. Contact Veronica Riggs @ vriggs@oret.com for closing cost estimate. 


Auctioneer:  Ron Denney, CAI 

(937) 572-4468

ron@rondenney.com


Broker:  Ohio Real Estate Auctions, LLC


Realtor Participation: There is no Realtor co-op on these assets

Annual Taxes: $ 192


Property Map


LEAD AUCTIONEER

Ron Denney
Email Ron

W: 937-572-4468

AUCTIONEER


Tim Lile
Email Tim

W: 937-689-1846


Basic Terms:

Sells Regardless of Price to the Highest bidder with no minimums or reserves. 10% down by cash or check which will become your non refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. 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. General warranty deed given at closing with no liens or back taxes.

Deposit and Closing:

Buyers will close with Ohio Real Estate Title , on or before May 15, 2022. Contact Veronica Riggs for a closig cost estimate at vriggs@oret.com

Realtor Participation:

There is no realtor co-op on this auction.

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