REAL ESTATE ONLINE AUCTION

BIDDING WILL OPEN NOW UNTIL 

Tuesday, January 28, 2025 @ 7:00 PM

Copy and paste the link to learn more and bid online: https://aoway.info/lynwardrd

Preview Instructions: 

Shown by appointment with buyer's agent. 

Open House of Lynward Rd:

Saturday, January 18, 2025 (12:00 PM - 1:00 PM) & Saturday, January 25, 2025 (12:00 PM - 1:00 PM)

Property Location:

3879 Lynward Road, Columbus, OH 43228

The Starting Bid is $145,000

Beds:3

Baths:2

SQ FT:1,760

Lot Size:.17 Acres

MLS #:225000900

Parcel Number:010-132684-00

County:Franklin

School District:COLUMBUS CSD 2503 FRA CO.

Municipality:Columbus City

Tax Year:2024

Tax Amt:$3,411.74

Year Built:1963

Stories:2

Parking:Off-street parking in driveway

Utilities:Air Conditioning: Central - Heating: Forced Air,Gas - Water Source: Public Water Source - Sewer: Public Sewer

Basement: No, slab

This 2-story home is located in the desirable Holly Hill subdivision and features three bedrooms on the second floor, with potential for a fourth bedroom on the first floor. The property is built on a slab foundation with no basement. It offers a spacious layout and newer appliances; while the property is in need of updates, repair, and flooring in parts of the home, it provides solid bones and excellent potential for customization or investment. 

Outside, the backyard includes an above-ground pool, which has been operational as recently as this past summer but requires some attention. The exterior also features a backyard patio, two outdoor sheds for storage, and a driveway for off-street parking. 

NOTE: This home is part of a foreclosure process and will take approximately four weeks to close. A clear title will be provided, and all taxes will be brought current.

Summery of Terms & Conditions: 

Reserve Price: The property has a reserve price of $145,000 (MINIMUM BID).

Acknowledgment of Terms: All bidders must review and sign the Acknowledgment of Terms & Conditions document prior to bidding.

Property Condition: The property is sold in 'AS IS' condition. The Seller will not make any repairs or concessions, and there are no contingencies.

Inspections: The sale is not contingent upon a satisfactory inspection. Bidders are encouraged to inspect the property before the auction ends.

Financing: The sale is not contingent upon the Bidder's ability to secure financing. The buyer is responsible for any appraisal gap.

Post-Auction Procedures: After the auction closes, the successful Bidder must:

• Sign and return the purchase contract and any other required documents electronically within 24 hours.

• Provide proof of funds or a pre-approval letter specific to this property within 24 hours of the auction closing.

• Provide a $5,000 deposit (earnest money) via electronic transfer within 24 hours of the auction closing.

Closing: The buyer must complete the purchase within 30 days after the auction date.

Possession: The seller is entitled to possession up to 14 days after the date of closing. 

Seller's Obligations: The seller will cover the costs of the owner's title insurance, deed preparation, conveyance fee, and the proration of real estate taxes up to the date of closing.

Buyer's Premium: A 10% Buyer's Premium will be added to the final bid to determine the final purchase price.

Additional Information: Please see the Frequently Asked Questions and Advantages of Competitive Bids for more details.

Please see the ‘Documents’ section of the listing for more details.

www.AuctionOhioRealEstate.com

Krysten Stringer (License # 2023000031) is licensed by the Ohio Department of Agriculture and bonded in favor of the State of Ohio. An aggrieved person may initiate a claim against the auctioneer’s bond in accordance with Section 4707.25 of the Revised Code as a result of the licensee’s actions.

Ohio Department of Agriculture

8995 E. Main Street, Bldg. 1

Reynoldsburg, OH 43068