1454 Oakwood Avenue, Napoleon, OH 43545

Foreclosure Auction - Napoleon, Ohio

ONLINE ONLY FORECLOSURE AUCTION 1454 Oakwood Avenue Napoleon, Ohio 43545 Bidding Ends Tuesday, April 13th@ 1:00pm Property Description:1,896+/-SF, 2 Bedroom, 1.5 Bath, 1.5 Story Single-Family Homebuilt in 1927 on .2485+/-acre platted lot. Includes detached garage. Henry County PID:410091510180 Annual Taxes: $1,663 Tax Appraised Value:$100,880 Minimum Bid ONLY $46,000 Case Information: Henry County Case #20CV0012; The Huntington National Bank vs John Doe And/Or Jane Doe, Real Names Unknown, The Unknown Successor Trustee Of The Revocable Arlene K. Ziegler Trust Agreement dated June 12, 2002, et al. ONLINE BIDDING NOTES: Bid Increment:online bidding increment for this auction is $100. Max Bid:When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $100 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder. Bid Extensions:If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding. TERMS: * This is a Foreclosure Auction ordered by the Henry County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property. * The property sells with a minimum opening bid of $46,000. * The required deposit is $5,000. * Successful bidder will be required to directly deposit the required amount into the trust account of Auction Firm at any Chase Bank branch OR initiate a wire transfer to said trust account by 5:00pm the day of auction. If deposit has not been made by 12:00pm the day following the auction, purchaser automatically authorizes the required deposit amount be charged to the credit card provided at the time of registration plus a 4% processing fee. * The real estate is sold As-Is with no contingencies. * Closing required within 30 days of court confirmation. * No contract is signed after the auction. A one page Purchaser Information Form is the only document that is required by the Court. See Documents section of this listingfor the form. * A 10% buyer's premium will be added to the high bid to obtain the final selling price. * Buyer pays all closing costs. * Private Selling Officer Deed or equivalent given at closing with no liens or back taxes. * Provisional Auction Date: In the event the $46,000 minimum bid is not achieved on the first auction date, a second online auction will take place ending on April 21, 2021 @ 1:00pm subject to no minimum bid. * The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. This generally only comes into play when a property goes to the 2nd auction with no minimum bid. * BUYER DEFAULT:Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and penalties including possible being found in contempt of court.