More Information
107 is a 2 story retail building with a separate upstairs. Tax appraised by Allen Co. for $36,800. Built in 1920 with 1,342 SF per level.
109 is a 1 story retail building built in 1920 with 1,732 SF. Tax appraised by Allen Co. for $17,400.
Selling by the "high bidder's choice method". Both sell regardless of price.
Annual Taxes: $ 107: $653 109:$309
Property Map
LEAD AUCTIONEER
Barry Baker
DIRECTIONS:
Spencerville is 14 miles West of Lima on OH-117. OH-66 also runs North and South through town.
Basic Terms:
Sells Regardless of Price to the Highest bidder with no minimums or reserves. FULL PURCHASE PRICE, 100% 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 7 days of your check clearing. 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. Selling by high bidder's choice. High bidder can take one or both properties.
Deposit and Closing:
You are paying 100% of the purchase price the day of the auction. Actual closing will happen within 7 days of your deposit check clearing. Title company closing the transaction is Ohio Real Estate Title, Inc. Veronica Brown, Closing Processor 1111 North Plum Street, Suite 9 Springfield, Ohio 45504 (937) 322-7333 Phone Email: vbrown@oret.com
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.