107 E Main Street, Kirkersville, Ohio 43033

Foreclosure Sale by Court-Appointed Receiver.  Online bidding only.  Prodigy Properties is pleased to present this commercial & residential redevelopment opportunity located in Kirkersville, Ohio, a village approximately 25 miles east of Downtown Columbus.  Per the county auditor, the property includes a 1,860 SF residential home with two separate units and a full basement.  Each unit is 930 SF with two bedrooms and one bath.  According to public record, the subject property also features a 2,250+ SF commercial building comprised of four sections, with the main section most recently used and known as Village Tavern, a local bar & restaurant.  Wooded deck on the rear of the building with stairs leading to the potential living space above the bar area.  Great upside potential with a trash out, curing deferred maintenance, getting the bar / tavern back to an operational state, and renting out all units.  Surrounded by other commercial and residential properties.  Investor special.  Please read in-depth sale details below.

Property will be sold free and clear of all liens, with property taxes paid off to the day of closing.  Receiver may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice.  No representations, warranties, or guarantees.  Bidding is scheduled to conclude on 8/20/2021 at 2pm ET.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.  The high successful bidder must wire transfer a deposit of 10% of the final purchase price by 5pm EST on Tuesday, July 27, 2021.  Furthermore, a Receiver’s Purchase and Sale Agreement is required to be executed by the high successful bidder within 48 hours of auction conclusion.

Please do not trespass or attempt to access the property in any way.  If you choose to do so, please understand it will be at your own convenience and risk.  Prodigy Properties, the Court-Appointed Receiver, will not be held liable in any way.  Photos are provided for guidance purposes only.  All information provided is believed to be true, but cannot be guaranteed.  It is up to the bidder to verify any / all code violations prior to bidding.

Information contained in ANY advertisement for this property is not guaranteed or warranted and should not be relied upon.  BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS IT HAS INDEPENDENTLY VERIFIED ALL INFORMATION AND MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.

Key sale points:

• The opening bid is $1,000 with an unpublished reserve price.
• Property is sold 100% AS-IS, WHERE-IS, with all faults.
• Property is sold subject to any / all code violations, to the extent any exist.
• Property is sold subject to court approval.
• All bids are subject to Receiver’s confirmation.
• Receiver reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason.
• Information contained in any advertisement is not guaranteed or warranted.
• No contingencies will be accepted, except the Receiver’s ability to convey insurable title.
• Property will be sold free and clear of all liens.
• Property taxes will be pro-rated to the day of closing.
• Absolutely no financing contingencies.
• Absolutely no inspection contingencies.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• 10% deposit of the final purchase price must be wired to Receiver’s title company by 5pm EST on Tuesday, July 27, 2021.
• Receiver’s Purchase and Sale Agreement must be executed by the high successful bidder within 48 hours after the auction conclusion.
• The terms of the sale are fully set forth in the Agreement and are not negotiable.