BAILEY LAKES ABSOLUTE REAL ESTATE AUCTION 

Tuesday, October 12th 

Personal Property 4pm – Real Estate 5:30pm 

2 Parcels - House & Outbuildings on 6.4 Acres – Great Duplex Rental – 

Car - Personal Property 

Auction will be held on location at 1320 Lake Drive, Ashland.  Located just off State Route 250 on the north side of Bailey Lakes.   

Real Estate:  Selling to the highest bidder are two great investment opportunities.  Located in the village of Bailey Lakes, these properties offer the convenience of public utilities with a diversity of options.  The properties will be offered separate only.  

Parcel 1: Located at 1312 Lake Dr, this attractive one level duplex offers a total of 1680 square feet of living space.  The home has been well maintained and updated with new siding, windows, and a metal roof in 2020.  The right-hand unit has a new furnace and central air, hot water heater, 2 Bedrooms, 2 bathrooms, kitchen, living room and a den.  The unit on the left offers 2 bedrooms, 1 bathroom, den, kitchen and living room, newer furnace, and hot water heater.   All utilities are split.  The condition of this property will allow the new owner an instant return on their investment with little to no out of pocket expenses.  This great investment opportunity is perfect for an AirBnB, duplex rental, or living in one side while the renter next door pays the bills. 

Parcel 2: The1320 Lake Drive property consists of ranch home, efficiency apartment possibilities, multiple outbuildings, and 6.4 acres.  The pole framed home is currently used as a single-family home with 2,212 square feet of living space however could be transitioned into a multifamily property as well.  The home has an attached 2 car garage and workshop as well as a 3-car detached garage.  A 3-sided equipment shed and livestock building round out the improvements.  The property offers a total of 6.439 acres complete with mature trees, a gated fertile garden with brick pathways, open acreage, and much more.  The property needs some TLC but has lots of single family and/or investment property potential.  Bring your ideas and tool belt and discover the potential this property offers. 

Open House:  Houses and buildings will be open for inspections on Wednesday, September 29th from 5-6:30 or by appointment with Mary Hartley 419-651-3586 or Andy White 419-651-2152. 

Taxes- Legal:  Parcel 1 is Ashland County parcel #A03-094-A0004-05 taxes are $1.066.52 per year.  Parcel 2 is Ashland County parcel A01-014-0-0004-01, A03-094-A-0003-01, and A03-094-A-0004-02 with taxes totaling $1,263.38 per year.  Both will be prorated to the day of closing.     Terms: The successful purchaser(s) will be required a 10% non-refundable down payment at the auction with the balance due at closing within 45 days.  A 10% buyer’s premium will be added to the final bid to determine the purchase price.  All desired inspections need to be completed prior to bidding.  Additional details are available at www.RES.bid. 

Auction by order of The T Jane Ringler Estate-  

Thomas R Gilman, Attorney

Ashland County Probate # to be determined.

www.RES.bid 

833-765-3737 

Andy White – Joseph Mast – Mary Hartley – Jake White 

Collectables – Household – Furniture – Tools – Car 

Collectables – Household – Furniture: crocks and jugs; oil lamps; assorted glassware; knick knacks; collectable soda bottles; canning jars; strainers; assorted kitchen ware; pots and pans; flatware; milk cans; grinding wheels; old books; costume jewelry; yarn and knitting supplies; 

Bicycles; exercise bikes; Barber chair; rockers; couch; grandfather clock; glass front hutch; plant stands; end tables; mirrors; pictures and frames; hall trees; dressers; chest of drawers; knee hole desks; sweepers; stereos; wood railings; basement jacks; and more.  

Tools: bench top drill press; Craftsman 10” Miter saw with stand; table saw; Milwaukee reciprocating and circular saws; drills; assorted power tools; pipe stand; Bostitch pancake air compressor; work lights; extension cords; step ladders; extension ladders; shop vac; assorted hand tools; assorted garden tools; post hole digger; shovels; shovel heads; hand seeder; broadcaster; garden hoses; tomato cages; PVC fittings; gas cans; gas powered log splitter; live traps; and more.  

Car: 2003 Chevrolet Cavalier, 82,017 miles, 4 door, tan.

Auction Note: This is a condensed list with many more items to be discovered.  Pictures will be posted at www.RES.bid as they are available.  

Personal Property Terms:  Cash, check and Credit card, 5% buyers premium waived for cash or check.  All items sold as-is.