Ickes Real Estate Absolute Auction
Ickes Real Estate Absolute Auction
Tuesday, December 17th @ 6:00 PM
1 Acre w/ Residence – Large Shop – Storage Building
Congress Twp. – Wayne County – Northwestern LSD
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Selling the former home of Paul C. Ickes located at 4963 Lattasburg Road, Wooster, OH.
For your convenience, the auction will be held at the RES Auction Facility located at 375 Fry Rd. Wooster, OH.
REAL ESTATE: This charming and affordable two-bedroom ranch home, built in 1952, offers 768 sq. ft. of comfortable living space. The front of the home features a welcoming full front porch and a deck just off the eat-in kitchen, perfect for relaxing or entertaining. The attached garage, accessible through an enclosed breezeway, offers convenient entry to the home, and there’s also a full basement with an exterior entrance. The home’s exterior was updated with vinyl siding and replacement windows in 2008. Key mechanicals include a drilled well, a propane gas furnace installed in 2010, and central air conditioning. The steel roof, added in 2020, ensures durability for years to come.
Inside, the first floor boasts a remodeled kitchen, a cozy living room, a full bath, and two comfortable bedrooms. An outstanding feature of this property is the spacious 36’ x 84’ workshop, complete with a concrete floor, electricity, water, insulation, and heating. There’s also a 14’ x 54’ storage building, providing plenty of extra space. Additionally, a woodshed filled with firewood is included with the sale.
This property combines convenience and charm, making it an excellent investment or a cozy new home.
OPEN HOUSE: The property is open for inspection Sunday afternoon, December 1st from 2 – 4 PM. For additional showings, please schedule an appointment by contacting Steve Andrews at 330-465-8498 or Seth Andrews at 330-466-5471.
TERMS: We require a non-refundable down payment of 10% of the purchase price at the close of the auction with the balance to be paid in full at closing within 45 days. There is a 10% Buyer’s Premium in effect for this auction. 10% of the highest bid will be calculated and added on to determine the contracted selling price. There are no financing contingencies.
TITLE: The sellers will provide a Fiduciary Deed w/certificate of title at their expense and will split the fee for an owner’s policy of title insurance.
TAXES & LEGAL: Parcel No.’s 10-00977.000 & 10-00976.000. The taxes on this property are $ 811.27 per half year with the Homestead Exemption added back in and will be pro-rated to the date of closing.
POSSESSION: The buyer will be given immediate possession at closing.
Auction By Order Of
CHARLOTTE A. SLARB, EXECUTRIX
ESTATE OF PAUL C. ICKES
Wayne Co. Probate Case No. 2024-PB-E 000817
Jeffrey D. Musselman, Attorney For The Estate
Steve Andrews, Auctioneer, 330-465-8498 – Seth Andrews, Broker, 330-466-5471 – Jon Mast, Auction Manager, 330-763-3883 – Andy White
TERMS AND CONDITIONS
1. Any person who registers or bids at this auction (the “Bidder”) agrees to be bound by these Terms and Conditions and any auction announcements. A bid placed by Bidder will be deemed conclusive proof that Bidder has read, understands, and agrees to be bound by these Terms and Conditions.
- There will be a 10% Buyer’s Premium added to the final bid, which is your final purchase price and the price that is recorded at the county auditor’s website.
- The bidding will be by the acre. Your bid price X the amount of acres rounded to the nearest 10th.
- Any desired inspections must be completed prior to bidding. This purchase agreement is not contingent upon the satisfactory state of any inspections required after the date of the auction.
- Sellers will provide a marketable deed and convey the property as per terms of the Real Estate Purchase Agreement.
- Property Sells “AS IS”
- Property sells subject to articles in the present Deed, Title, and any articles or notices of public record.
- Buyer will pay CAUV tax recoupment if any, due and payable after deed conveyance.
- Seller, through Seller’s title agency, shall provide to Buyer: Warranty Title, The Escrow Agent shall be chosen by the Seller, however, if required as a condition of the load, the Escrow Agent shall be chosen by Buyer’s Lender.
- Seller shall pay for the cost of the title search, deed preparation and county conveyance fees. Seller and Buyer shall each pay one-half of the Escrow Agent’s standard closing fee. If an owner’s policy of title insurance is selected, the buyer and seller will split the owner’s title insurance 50/50, including, without limitation, the additional cost of the premium for insurance of an owner’s policy, the cost of a loan policy, title endorsements, location survey, or other items required by Buyer, or Buyer’s lender. Buyer shall pay for all recording fees. RES advocates the use of title insurance in all real estate transactions.
- Acreage and frontage amounts, including lot markers, are approximate and subject to final survey. (If required)
- RES requires a nonrefundable down payment (earnest money) of 10% of the purchase price at the time of purchase. The sale is not subject to any contingencies for financing.
- Earnest Money Deposit is NONREFUNDABLE; the contract contains no provisions for contingency on financing. In bidding, you are asserting you have the fundings to close. In the event Buyer does not close in compliance with the terms of this purchase agreement, all earnest money shall be forfeited and paid to the Seller as liquidation damage.
- Buyer agrees to indemnify and save harmless RES, its employees, and agents, from any liability stemming from any incorrect information given or any material information Seller fails to disclose whether or not known by the Seller at the time of the execution of the purchase agreement.
- Property sells subject to any announcements made the day of sale.
- It is the sole responsibility of Bidder to monitor RES’s website with respect to any updates or information regarding any Real Estate on which Bidder is bidding. Bidder acknowledges that information regarding the Real Estate may be updated or changed on RES’s website at any time prior to the conclusion of bidding and that Bidder has timely reviewed the Real Estate information or assumes the risk of not having done so.
- Once submitted, a bid cannot be retracted.
- The Bidder uses the online bidding platform at their own risk. RES is not responsible for errors or omissions in bid submissions or acceptance. RES does not guarantee the platform’s uninterrupted function, availability, or compatibility with the Bidder’s hardware or software. RES is not liable for any damages resulting from its use or attempted use, including failures, interruptions, or delays.
- In the event that Bidder is the successful bidder, Bidder must immediately execute the Contract for Purchase and Sale and tender a nonrefundable earnest money deposit in the form of cash, check, or immediately available, certified funds and in the amount set forth by RES, by 1:00 p.m. (EST) on the business day following the auction. The balance of the purchase price will be due at closing on the specified closing date. The Real Estate must close within 45 days of the date of the auction, or as otherwise agreed to by Seller and Bidder.
- Bidder acknowledges the closing may be delated for reasons beyond the control of Seller, Buyer, or Broker. Delays caused by survey, title issues, county agency approvals, lender processes shall automatically extend the closing date. Bidder agrees to cooperate in good faith to proceed to closing by the closing date or as soon after as practicable.
- RES has the right to establish all bidding increments.
- RES may, in its sole discretion, reject, disqualify, or refuse any bid believed to be fraudulent, illegitimate, not in good faith, made by someone who is not competent, or made in violation of these Terms and Conditions or applicable law.
- Bidder warrants and represents that they are at least 18 years of age and are fully authorized to bid.
