1421 Erika, Springfield, OH 45503

Foreclosure Auction - Springfield, Ohio

ONLINE ONLY FORECLOSURE AUCTION 0f 1421 Erika Drive, Springfield, Ohio 45503 Ends Tuesday, April 13th@ 11:00am. Property Description:1,175+/-SF, 3 Bedroom, 1 Bath Brick Ranch home with 2 Car Attached Garage built in 1957 over a full basement on .251+/-acre plated lot. Clark County PID:2200300028405011. Annual Taxes: $3,403. Appraised Value:$120,000. Minimum Bid ONLY $80,000. Case Information: Clark County Case #19CV0525: The Huntington National Bank vs Shirley M. Smith, 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 Clark 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 $80,000. *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. *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 $80,000 minimum bid is not achieved on the first auction date, a second online auction will take place ending on April 21, 2021 @ 11:00am 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. *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.