2-Story Home & Detached Garage
ONLINE ONLY AUCTION
Locations: 308 Newark Rd, Mt Vernon Ohio 43050 Directions: From Mt Vernon take S Main Street south (turns into Newark Rd) 0.8 miles to location. Signs Posted
Tuesday, July 18th, 2023, 6:00 pm
with extended bidding
Open House: Tuesday, July 11th, 4:00 to 6:00 PM
2-Story Home | 38’ x 40’ Detached Garage | City Utilities
Mt Vernon City | Knox County | Mt Vernon CSD
Features a 2-story 2,037 sq ft home along with a 38’ x 40’ detached garage. The main floor has a kitchen, dining room, living room, ½ bath, laundry-pantry room, & has a front & back covered porch. Upstairs has 4 bedrooms & a full bath, along with an additional attic storage area. The full basement partially separated by a center wall has plenty of room for storage or hobbies and has outside access. Utilities include electric, central air, gas boiler & electric heat pump, gas fireplace, city water & sewer. The spacious detached garage has 4 garage doors and can serve multiple uses to whatever you may choose, making this an excellent opportunity. Don’t miss out & plan to attend the open house.
Real Estate Terms: 5% buyer’s premium. 10% nonrefundable down payment due within 24 hours of the close of the Auction with the balance due at closing. The sale is not contingent upon buyer securing financing or any other contingencies, property sells “AS IS” and sells subject to seller confirmation. Any required inspections must be completed prior to bidding. Property sells subject to all articles of record. Register to bid to view all terms.
Legal: Parcel 6607810000 in Mt Vernon City of Knox County and the Mt Vernon CSD. Taxes per half year are currently $806.67 includes homestead exemptions.
Note: Please visit Kaufman-auctions.com for more info, to bid and to view photos.
Auction by order of: Pamela Magers
KAUFMAN REALTY & AUCTIONS
888.852.4111 www.kaufman-auctions.com
RAY YODER, REALTOR/ AUCTIONEER
330.204.0110 [email protected]
Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example…soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid. Failure to register until the last minute could result in you not being approved.
Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions. Successful bidders will deposit 10% of the Contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auctions. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees.
If a buyer requests to review purchase agreement prior to the Auction. You can contact our office to get a copy. Note: This is our standard Auction Purchase Agreement and will be required to be signed without any modifications.
Property lines on our maps are approximate. Not a survey.
Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.
Successful bidders not executing and returning their contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default.
At the close of bidding. The system is set to add a 5-minute extension for the first 30 minutes then may be reduced to 3-minutes when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time.
Buyers Premium Example:
Bid Price: $100,000
Plus 5% Buyers Premium: $5,000
Total Contract Price: $105,000
Down Payment $10,500
Kaufman Realty & Auctions is not responsible for any computer malfunctions during the Auction. Please note all internet connections differ in their rate of speed. Your ability to bid in waning seconds of a timer may be adversely affected by your connection. WE STRONGLY SUGGEST THAT YOU DO NOT WAIT TO PLACE BIDS UNTIL THE LAST 15 SECONDS AS A SLOW CONNECTION MAY CAUSE YOUR BID NOT TO BE PLACED.
DISCLOSURE: Kaufman Realty & Auctions is acting as Auctioneer/agent and is an agent for the seller only.
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives, and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. Furthermore, Kaufman Realty & Auction reserves the right to approve or reject any registered bidders that they feel do not qualify to bid for any reason.
All square footage and other dimensions are approximate. All Land sells according to tax map and description.
BUYER/BROKER INFORMATION: Up to 1% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form, or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.