By order of Montgomery County Common Pleas Court, Case # 2018 CV 01897, Civista Bank vs. Michael K. Fox, et al.

Property Address: 5825 N. Dixie Dr, Dayton, OH 45371

Property Description: Commercial building. Former gentleman’s club

Legal Description of Real Estate: see attached.

Tax ID No.: E21-01004-0048

This is a Foreclosure Auction ordered by the Montgomery County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property.

The property sells with a minimum opening bid of $220,500

A 10% buyer's premium will be added to the high bid to obtain the final selling price.

The required deposit is ten percent.

In the case of an online purchase, the successful bidder will be required to directly deposit the required amount into the trust account of Ohio Sheriff Sales at any Chase Bank branch OR initiate a wire transfer to said trust account by 5:00pm the day of auction. Purchaser may also have the deposit charged to the credit card provided at the time of registration with a 4% processing fee added to the deposit amount. ACH deduction is also available with no additional cost by providing your bank account information to the PSO. This method is highly recommended. If deposit has not been made by 12:00pm the day following the auction, the credit card provided at the time of registration will automatically be charged along with the 4% processing fee.

The real estate is sold As-Is, Where-is with no buyer contingencies for financing, inspection or otherwise. All desired inspections (if available) must be completed and necessary financing arranged prior to Auction.

Balance and closing required within 30 days of Court confirmation.

No contract is signed after the auction. A one-page buyer information form is the only document that is required by the Court. See THIS LINK for the form.

Buyer pays all closing costs.

Private Selling Officer deed given at closing with no liens or back taxes.

The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. (This would typically only be in effect for a property that sells for less than the amount of taxes that are owed.)

Bid increment for Online Bidding is $100.

When you place a bid, you can place a "Maximum Bid" and the software will bid for you in $100 increments. You will be notified by email and text if you are out-bid.

Bid Extensions: If a bid is received within the last 5 minutes of the Auction end time, bidding will extend for a 5-minute period of time. Bid extensions continue until all bidding is exhausted.

Default: Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and possibly be found in contempt of court.

Disclaimer: All information contained herein and in the Property Information Packet was obtained from sources deemed reliable. However, neither Ohio Real Estate Auctions, LLC Auctioneers nor their agents will be responsible for any errors or omissions regarding information provided by same. Announcements made at the auction will take precedence over written material or any other statements made prior to the auction. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.