STATE OF Ohio Department of Transportation Notice of Sale of Real Estate
Pursuant to Chapter 5501.34 of the Ohio Revised Code, I will offer by public auction the following tracts of excess land on Friday, May 12, 2017: in Paulding County at 10:00 A.M. at the ODOT Paulding Outpost located at 15023 US 127, Cecil, Ohio, doors open at 9:00 A.M.; and in Van Wert County at 1:30 P.M. at the ODOT Van Wert Garage (Break Room) located at 10238 Van Wert Decatur Road, Van Wert, Ohio, doors open at 1:00 P.M.
Parcels to be offered for sale:
ODOT Paulding Outpost Site, Paulding County, Crane Twp., corner of US 127 and CR 180, 10 fenced acres, appraised @ $130,000. Security Deposit of $10,000 Required
327-ER, Paulding County, Emerald Twp., NE 1/4 Sec. 8, NW corner of US 24 and CR 123, 2.114 acres, appraised @ $8,500. Security Deposit of $1,000 Required
200-EL, Van Wert County, City of Van Wert, Pleasant Twp., north of Upp Road, east of CR 77, and south of US 224/Van Wert County Garage site, 7.30 acres, appraised at $86,500. Security Deposit of $7,500 Required.
For additional Auction information, please contact:
Ohio Department of Transportation, District One 1885 North McCullough Street
Lima, Ohio 45801
Michelle Miller, Real Estate Administrator (419) 999- 6876 Scott Recker, Realty Specialist (419) 999-6877
ADDITIONAL TERMS OF SALE: Security deposit must be made in the form of a cashier’s check or money order at the time of successful bid. Make remittance payable to: “Treasurer, State of Ohio”. The security deposit will be applied against the full purchase price of the property. The balance of the purchase price is due and payable on delivery of the Governor’s Deed. It is anticipated the Governor’s Deed will be available for delivery to the Grantee within 70 to 80 days from the date of the sale or as soon thereafter as possible.
Under no circumstance may the individual, firm, or corporation who has been declared the successful bidder advertise the property for sale to a third party until the Governor’s Deed has been delivered to the Grantee. Violation of this requirement may, at the option of the Grantor, result in the forfeiture of the deposit money and cancellation of the sale.
The Contract of Purchase executed by the Grantee(s) and agents of the Grantor (State of Ohio) on the date of sale, is not binding upon the Grantor until said Contract of Purchase has been approved by an official of the Ohio Department of Transportation, in Columbus, Ohio.
The Ohio Department of Transportation reserves the right to reject any and all bids on any tract listed for sale. A Non-Collusion Affidavit, Form RE 73-02, must be properly executed by the successful bidder for a bid to be considered valid.
ODOT Property is offered for sale in “as is” condition. It shall be the responsibility of each bidder to inspect and examine the size and condition of each parcel. The descriptions listed are to be used for identification purposes only and are not to be construed as a warranty of any kind.
JERRy WRAy, DIRECTOR OhIO DEPARTMENT OF TRANSPORTATION