Winchester Road NW, Canal Winchester, OH 43110
4 Parcels totaling 12.5 +/- acres with the ability to purchase all or a combination of the parcels. This property will sell in the manner that results in the highest price, subject to the aggregate reserve of $650,000.
LIVE BIDDING WILL TAKE PLACE AT: Shade on the Canal (19 S High St, Canal Winchester, OH 43110)
Tuesday, November 12th, 2024 at 7:00 PM
OPEN HOUSE DATES:
Saturday, October 19th from 11:00 AM to 12:00 PM
Saturday, November 2nd from 11:00 AM to 12:00 PM
Thursday, November 7th from 4:00 PM to 5:00 PM
4 Parcels totaling 12.5 +/- acres with the ability to purchase all or a combination of the parcels. Buy one parcel, multiple or all 4 parcels! This property will sell in the manner that results in the highest price, subject to the aggregate reserve of $650,000. This property has three ranch homes, all located on separate parcels. The fourth parcel has a lodge building as well as a 1.5+/- acre pond. There is a shared driveway easement for all 4 parcels. The four car garage on Tract 3 encroaches on to Tract 1. These homes need updating so customize your visions and bring them back to life. Tract 2 and 3 share the same well. In the event these tracts sell separately, there will be a shared well agreement recorded allowing both property owners to continue to use the well and share maintenance expense of the well.
Located just:
2 miles from downtown Canal Winchester
17 miles from downtown Columbus
24 miles from Easton Town Center
32 miles from Hocking Hills
OPEN HOUSE DATES:
Saturday, October 19th from 11:00 AM to 12:00 PM
Saturday, November 2nd from 11:00 AM to 12:00 PM
Thursday, November 7th from 4:00 PM to 5:00 PM
By placing the high bid and when the bid is accepted, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs.
Successful Bidder will be required to enter into a purchase agreement and tender an Earnest Money deposit of $12,500 per tract by electronic transfer after the end of the auction. Failure to execute the purchase contract and tender the earnest money deposit will be in default.
Each Buyer is responsible for conducting their own due diligence on the Property before bidding.
The real estate sells in AS IS condition. The Seller is not making any repairs or giving any concessions.
The sale is NOT contingent upon a satisfactory inspection.
The sale is NOT contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any.
Closing to occur on or before December 12th, 2024.
Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes.
There is a 10% (ten percent) Buyer’s Premium charged to the buyer and collected at closing.
Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction.
