Lexington Investment Property Real Estate Auction

77 W Main St, Lexington, OH 44904

Minimum Bid: $80,000 

Tuesday, October 7th at 5:30 PM

Open House: Sunday, September 28th from 4:00PM–5:00PM

Located in the heart of Lexington, this 3-bedroom, 1-bath home offers strong investment potential with solid bones and classic mid-century charm. Built in 1953 and offering approximately 850 square feet of living space, the home features original hardwood floors, a spacious eat-in kitchen, and full basement access through the attached 1-car garage.

The home will require some TLC and updates, but offers a peaceful backyard and a great location right on Main street. Whether you’re looking for a project, a rental, or a flip — this property presents a great opportunity to invest in one of the area’s most desirable school districts.

Real Estate Terms: Property is selling in AS-IS condition with minimum bid of $80,000 . Non-refundable 10% (Cash or Check) down payment due immediately following the auction with balance due at closing within 30 days. Any inspection desired by bidders must be prior to the auction and at their expense. Visit WigtonAuctions.com for full real estate terms. No buyers premium.

Sale Ordered by Park National Bank Trust Department- Wendi Fowler AVP & TO

Auctioneer- John P Ruckman 740-398-6522 / JPR@TheRuckmanGroup.com

Auctioneer License: 2010000097 Real Estate License: SAL.2015003815

Office Manager- Amy Ruckman 740-390-0561 / Office@TheRuckmanGroup.com

Lexington Investment Property Real Estate Auction

77 W Main St

Lexington, OH 44904

Tuesday October 7th 5:30pm

       All bidding is open to the public. It’s easy, so don’t be bashful! This is a one-time opportunity. Watch the auctioneer and his bid assistants. They will take your bids and direct any questions you might have to the appropriate person.

TERMS OF THE AUCTION: 

BID ACCEPTANCE & DOWN PAYMENT: The property is selling in AS-IS condition with a minimum bid of $80,000. The successful bidder will be required to enter into a purchase contract that is available for review prior to the auction. A 10% (Cash or Check)  non-refundable down payment is required from the successful bidder on the day of the auction. The balance is due at closing within 30 days. Your bidding is not conditional upon financing, appraisals, or inspections. Be sure you have arranged financing; if needed, and are capable of paying certified funds at closing.

DEED & CLOSING: The seller will provide Deed and Title Insurance warranting that the property is free and clear of all mortgages, liens and encumbrances that do not interfere with its normal and customary use. Taxes are $661.87 a half and shall be prorated to the day of closing. The real estate is being sold subject to any and all legal easements of record. Closing shall be held within 30 days of acceptance at Owl Creek Title Agency in Mt Vernon, Ohio. Possession will be at closing/transfer of Deed. Assignments of any purchase contracts are conditional on the bidder remaining jointly liable on the contract with the assignee.

AGENCY: Wigton Real Estate & Auction and all affiliated agents and personnel are agents for the Seller. Any statements made auction day take precedence over any previous printed material or oral statements. 

DISCLAIMER: The potential Buyer hereby stipulates and agrees that they have examined the property. Relying solely upon such examination with reference to conditions, Buyer agrees to take such property “AS-IS” without any expressed or implied warranties by Seller or Seller’s agent. Any inspections desired by the Buyer shall be prior to the auction at Buyer’s expense. Bidders should do their own due diligence as information has been obtained from what are deemed reliable sources but is not guaranteed. Statements made sale day take precedence over any previous written or oral statements. For more info call us at 740-398-6522 or visit our website at wigtonauctions.com

WIGTON REAL ESTATE & AUCTION LLC 

                         John P. Ruckman CAI, Auctioneer & Agent 740-398-6522 

      Larry Wigton CAI, AARE Auctioneer & Broker 740-362-0007 Wigtonauctions.com

AUCTIONEER ON SITE: Sunday September 28th 4pm-5pm & 1 hour before the auction. Thank you for your interest and we hope you are the successful bidder! Make arrangements and bid your price on this great auction opportunity!