COURT ORDERED COVID-19 HOLD HAS EXPIRED!

14 PARCELS-COLUMBUS, OH 43205  

ONLINE BIDDING COMMENCES NOW

Friday, June 26th, 2020

at 11:00 AM 

and

BIDDING CLOSES (ENDS)

Thursday, July 9th, 2020

at 7:00 PM 

1954-56 E. Walnut Street 

384-414 S. Nelson Road

Columbus, OH 45205

SHOWN BY APPOINTMENT ONLY

Pursuant to Franklin County, Ohio Court of Common Pleas, Case No. 19CV006105; properties are being sold by Chris Davis, Court Appointed Private Selling Officer (“PSO”). 

The (14) parcel package sells ‘AS IS’ and with a $220,000 RESERVE (or minimum bid) based on 2/3 of the Court appraisal. 

FRANKLIN COUNTY 

Tax District: 010 City of Columbus  

      Parcel Numbers            2019 Real Estate Taxes

1) 010-022435-00………………………$161.42/Yr

2) 010-022436-00……………………$2,874.36/Yr

3) 010-022437-00………………………$205.08/Yr

4) 010-022438-00……………….……..$205.08/Yr

5) 010-022439-00……………..….……$205.08/Yr

6) 010-022440-00…………..…..……$2,157.00/Yr

7) 010-022441-00……………....………$205.08/Yr

8) 010-007956-00…………..…..………$247.90/Yr

9) 010-007957-00…………....…..………$67.78/Yr

10) 010-007958-00…………..…..………$137.42/Yr

11) 010-019362-00……..…..……..………$65.28/Yr

12) 010-022433-00……..……..…..………$69.64/Yr

13) 010-022434-00……..…..……..………$69.64/Yr

14) 010-035333-00……..………....………$65.28/Yr

                                                   Total $6,736.04/Yr

GENERAL INFORMATION 

The package consists of (14) separate parcels. There are (7) parcels with (2) block buildings with 18,926 sq. ft. (per Auditor’s info) with (3) drive-in doors. The (7) parcels on which the buildings are situated and the (4) vacant parcels/lots to the west of the buildings (being 402-414 S. Nelson Road) are zoned 488-Manufacturing.

The remaining (3) parcels (also vacant lots); being 388-414 S. Nelson Road are situated between Bryden Road and the alley separating the other (11) parcels, are zoned 1065-Parking, P1.    

TEMPORARY CONSTRUCTION EASEMENT

The City of Columbus has filed a petition for a TEMPORARY CONSTRUCTION EASEMENT affecting the lots along S. Nelson Road for the purpose of taking possession, accessing, repairing and/or improving with sidewalks on the east side of S. Nelson Road.  See Franklin County Ohio Common Pleas, Case No. 20CV-06-3653 (attached hereto).

PRELIMINARY BID PACKET 

As a result of The City of Columbus filing a petition for TEMPORARY CONSTRUCTION EASEMENT. the updated PRE-BID PACKET (with 'specimen ' Confirmation of Successful Bid & Deposit, other relevant purchase documents and copy of the Franklin County Ohio Court of Common Pleas Case No. 20CV-06-3653 for TEMPORARY CONSTRUCTION EASEMENT) is now attached for your preview. 

AUCTION TERMS & CONDITIONS 

A) The real estate sells ‘AS IS.’    

B) Properties (as a package) sell with a $220,000 RESERVE (or minimum bid); based on 2/3 of the Court appraisal. 

C) Pursuant to Franklin County, Ohio Court of Common Pleas, Case No. 19 CV 006105; properties are being sold by Chris Davis, Court Appointed Private Selling Officer (or “PSO”).  

D) The successful bidder will be contacted the morning after close of the auction for arrangements to obtain confirming signatures and $22,000 earnest money deposit, payable by cashier’s or certified check (To: AO Real Estate Trust Account) and proceed to close within (30) days the Court’s approval of the Confirmation of Sale. 

E) Seller pays for preparation of deeds and real estate taxes will be paid current to the date of the auction. Buyer pays conveyance fees, recording fees and Buyer’s portion of title agency closing fee. Owner’s title insurance (if desired) is the Buyer’s option and expense.   

F) Buyer acknowledges receipt of copy of City of Columbus TEMPORARY CONSTRUCTION EASEMENT (see Franklin County Ohio Court of Common Pleas Case No. 20CV-06-3653)    

G) 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

7461 Worthington Galena Road

Worthington, OH 43085

Office: (614) 846-3302

chris@auctionohio.com

ANY QUESTIONS, CONTACT:

Mark Cathers, Realtor®

(614)  554-2585

mark@auctionohio.com

 or 

Tom Rawn, Auctioneer/Realtor® 

(614) 580-6171

tom@auctionohio.com

AO Real Estate, Realtors® & Auction Ohio