3427 Ridgely Tract Road Newark, OH 43056

Foreclosure Sale by Court-Appointed Receiver. Online bidding only.

The sale includes two parcels (041-120162-00.001 & 041-120162-00.002) totaling 8.78 acres. Located on the property is a single family residence, which according to public record, was constructed in 1995 and features 3 bedrooms and 2 baths totaling 2,480 SF. In addition, there is a pole barn structure on the property which was constructed in 1991 and measures 142 x 58 per public record. Conveniently located south of Newark, Ohio and just north of Hebron, Ohio, the property allows for quick & easy access to I-70 via St Rt 79.

Property will be sold free and clear of all liens, with property taxes prorated and paid 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 4/12/23 at 2 pm 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 $10,000.00 by 4pm ET on Thursday, April 13, 2023.  Furthermore, a Receiver’s Purchase and Sale Agreement is required to be executed by the high successful bidder within 24 hours of auction conclusion.

Do not trespass.  Buyers & Agents wishing to tour the property or buildings should complete the hold harmless (“View Here”) and email to [email protected] for access.  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• The opening bid is $165,000, with an unpublished reserve.
• 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. 
• The Receiver does not warrant title to any personal property at the property.
• 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.
• $10,000.00 deposit must be wired to Receiver’s title company by 4pm EST on Thursday, April 13, 2023.
• Receiver’s Purchase and Sale Agreement must be executed by the high successful bidder within 24 hours after the auction conclusion. The terms of the Purchase and Sale Agreement are not negotiable.  Email [email protected] to receive a copy of the PSA.