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$40,000 7220 South Ridge Rd Madison
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Residential in Madison
Bedrooms: 4 MLS ID: 3910982
Bathrooms: 3 Neighborhood: Paine
Square Feet: 1,212 County: Lake
Year Built: 1926 Garage: 1 car
Acreage: 0.15 Basement: Full
ONSITE COURT ORDERED SALE: SAT. JULY 22, 2 PM - 4 bed, 3 bath, 1212 SF on 0.49 Acres; 1 Car Garage; Madison LSD; Tax Value: $87,410 (Lake County Auditor). With a starting bid of only $40,000 this is a great opportunity to get a nice home well below the tax value. Legal: Lake County #08CF000638. (USDA) v. Michael B. Hayes, et al Terms: This is a Foreclosure Auction ordered by the Lake County Common Pleas Court. Liens joined in the foreclosure or filed after the commencement of the foreclosure are released as to the property as a matter of law. The property sells with a minimum opening bid of $40,000 – 2/3 Appraised Value. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. The high bidder will immediately write a check for $5,000 as a non-refundable deposit which will apply towards the total purchase price at closing. The real estate is sold As Is with no contingencies. All desired inspections must be done prior to Auction. All information contained herein was derived from public sources. Information is believed to be accurate, but not guaranteed. Close within 30 days of court confirmation. No contract signed at auction. Buyer pays all of their own closing costs. The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of sale are insufficient to cover. (Second Sale Date: 8/5/2017; Same times apply) Registration opens 1 hour before auctions begin. Parcel# 01A0730000120 also included in sale.

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Elementary School: Madison LSD
Middle School: Madison LSD
High School: Madison LSD

  • Style: Conventional
  • Cooling: None
  • Exterior: Vinyl
  • Garage: Detached
  • Heating Type: Baseboard,Other
  • Roof: Asphalt/Fiberglass
  • Water and Sewer: Public Sewer,Public Water
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Byce Realty
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