REAL ESTATE AUCTION (ONLINE)

ONLINE BIDDING   

Starts NOW & ENDS at:

7:00 PM

Thursday, March 7th, 2019

0 Tommy Been Road  

and

0 State Route 279

(at Jackson Lake)

Jackson County-Jefferson Township

Oak Hill, OH 45656

Property Sells subject to Bankruptcy Court Approval (with an undisclosed RESERVE) 

AREA REALTORS® 

To be eligible to earn a 3.0% co-op selling fee, you need to register your buyer/s by sending an executed Agency Disclosure Statement (for this property) to: ray@auctionohio.com or fax to Ray’s U-Fax: (614) 474-8504 not later than 1:00 PM, Thursday, March 7th, 2019. 

GENERAL PROPERTY INFORMATION 

Two parcels, across from Jackson Lake, being sold as a package and consisting of a total of 10.018 acres (+/-). Property is situated on the west side of Tommy Been Road (across from the lake). Parcel No. F090040022401 (the rear parcel) is 3.668 acres (+/-) and the south lot line abuts Parcel No. F090040022704; which consists of 6.35 acres (+/-) with road frontage on Tommy Been Road. And, it appears that a narrow strip of land (of this parcel) lies between the road and the lake front.  

The Legal Description is now attached.

JACKSON COUNTY 

Tax District: Oak Hill (Unincorporated) Jefferson Township 

School District: Oak Hill SD

Land Use Code (each parcel): (501) Residential – 0-9.999 Ac 

Parcel No: F090040022401 (3.668 acres +/-) - 2018 Real Estate Taxes: $81.50 Per Year 

Parcel No: F090040022704 (6.350 acres +/-) - 2018 Real Estate Taxes: $78.32 Per Year

Total for Both Parcels.…10.018 acres (+/-)....2018 Real Estate Taxes: $159.82 Per Year

PRELIMINARY BID PACKET 

A 'PRE-BID PACKET' (with 'specimen' real estate purchase contract and relevant purchase documents) is now  attached for your preview.

AUCTION TERMS & CONDITIONS 

• The real estate sells ‘AS IS.’    

• Properties being sold pursuant to United States Bankruptcy Court, Southern District of Ohio, Easter Division Case No. 17-56003 by Susan L. Rheil, Trustee for bankruptcy estate of Larry W. Taylor and sells subject to Bankruptcy Court Approval (NO known reserve). 

• The successful bidder will tender an earnest money deposit in the amount of $3,000.00, payable by cashier’s or certified check (Payable to: AO Real Estate Trust Account) within (3) days of the auction and proceed to close with (30) days of the auction or within (15) days of the Bankruptcy Court approval.  NOTE: The successful bidder will be contacted the morning after the auction closes for arrangements to obtain purchaser's confirming signatures and receiving the $3,000.00 earnest money deposit.   

• Seller will provide and pay for preparation of deed/s, conveyance fees and proration of real estate taxes. Owner’s title insurance, if desired by the Buyer, is the Buyer’s option and expense.    

• There is a 10.0% Buyer’s Premium charged to the Buyer & collected at closing. 

Being Marketed and Auctioned by: 

Chris Davis, Auctioneer/Realtor® 

AO Real Estate, Realtors® & Auction Ohio

6555 Busch Boulevard, Suite 250

Columbus, OH 43229

Office: (614) 846-3302

chris@auctionohio.com

Any questions, please contact:

  Ray Dailey, Realtor® 

AO Real Estate, Realtors® & Auction Ohio

Cell: (614) 325-0064

ray@auctionohio.com