$48000 Price Analysis    ♡   Phillipsburg, OH 45309 2 bed 1 bath unknown SqFt ($0/SqFt) 7405SqFt lot. Built 1953 Listed 2022-09-07 | ✓ USDA Eligible near Phillipsburg, OH |
ONLINE ONLY FORECLOSURE AUCTION of 201 Rosewood Drive
* No Longer For Sale *
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Phillipsburg (Clay TWP), Ohio 45354 Ends Tuesday, October 4th@ 12:00pm. See ohiosheriffsales dot com for details and to bid. Property Description:1, 102+/-SF, 2 Bedroom, 1 Bath, Ranch home built over a crawl space in 1953 on .1722+/-acre lot. Includes 1-car attached garage. Annual Taxes: $2, 389. School District: Northmont LSD. Zestimate Value:$105, 900. Minimum Bid ONLY $48, 000. Case Information: Montgomery County Case #2022 CV 00924; The Huntington National Bank vs Lewis Lutz, et al. ONLINE BIDDING NOTES: Bid Increment:$100 up to $100, 000 and $1, 000 thereafter. Max Bid:When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in the required increment 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. Disclaimer: Information contained herein was obtained from sources deemed reliable. However, neither Auction Firm, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.
TERMS: This is a Foreclosure Auction ordered by the Montgomery County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property. The property sells with a minimum opening bid of $48, 000. The required deposit is $5, 000. Successful bidder will be required to deposit above amount into the trust account of Auction Firm by 5:00pm day of auction end. This can be done directly at any Chase Bank branch OR by initiating a wire transfer OR (you may have to arrange a one-time daily limit increase with your financial institution for this option). If dposit has no t been made by stated time, purchaser automatically authorizes Auction Firm to charge the credit card provided at the time of registration for the required deposit amount plus a 5% processing fee. The real estate is sold As-Is with no contingencies. Closing required within 30 days of court confirmation. No contract is signed after the auction. A one page Purchaser Information Form is the document that is required by the Court. A 10% buyer's premium will be added to the high bid to obtain the final selling price. Buyer pays all closing costs. Private Selling Officer Deed or equivalent given at closing with no liens or back taxes. Provisional Auction Date: In the event the $48, 000 minimum bid is not achieved on the first auction date, a second online auction will take place ending onOctober 12, 2022 @ 12:00pm subject to no minimum bid. The purchaser shall be responsible for those costs, allowances and taxes that the proceeds of the sale are insufficient to cover. This generally comes into play when a property goes to the 2nd auction with no minimum bid. BUYER DEFAULT:Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable and you could be liable for other costs and penalties including possible being found in contempt of court.
Presented by Tim Lile at
Ohio Real Estate Auctions.
Property MLS #11105772 from MyStateMLS
Lot Size Square Feet: 7405
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Sold
County: 39113
Availability Date: 2022-10-04
Source Property Type: House (Detached)
Area: Clay
Source Neighborhood: Clay
Property Features: Auction type is Reserved Auction. List price is starting bid.
Property Subtype: House (Detached)
Source System Name: C2C
$57530
MyStateMLS
Listed 2022-09-07
$48000
MyStateMLS
Construction Materials: Frame
Property Age: 69
Levels or Stories: 1
House Style: Ranch
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.