10/10/2022
RINEHART Estate Auctions
3 Houses * 1996 DODGE 1500 Pickup
Thursday, Nov. 3, 2022 at 6:00 PM
The Auction will be held at the Offices of STANLEY & SON, Inc., 88 N. Paint St., Chillicothe, OH 45601.
Wonderful opportunity, if you are an investor! Prospect St. & Watt St. homes have had new gas furnaces & central A/C units installed in the recent past! These homes are located in close proximity to each other and existing tenants have expressed wishes to stay and
lease from the new owners! Tenants are on a month-to-month basis lease.
Open House: Mon., Oct. 24th 5 - 6 PM
As Agents for The Estate of Glenn E. Rinehart RCPC Case No. 2022-
E-225, Paul E. Rinehart, Executor has ordered the Real Estate & truck to be sold at auction.
Auction 1: Minimum Bid $75,000
157 Teatsworth Dr., Chillicothe, OH 45601: A One Floor Plan House w/Detached 2 Car Garage, 3 Bedrooms with natural wood floors, living room, dining room, kitchen, & full bathroom on the first floor. Full basement with a gas furnace, gas hot water tank, breaker box, washer/dryer hookups, 1/2 bathroom, central A/C. Ross Co. Auditor reports this is Parcel 305447036000, Net Annual Tax as $884.14 (Homestead Reduction), Lot size 67 x 100, sq. ft. 1,120, built 1955. No tenants, Possession at closing. If there is any personal property left on the property it will transfer to the buyer.
Auction 2: Minimum Bid $45,000
130 Prospect St., Chillicothe, OH 45601: A One Floor Plan House & Garage, 2 - 3 Bedrooms, Large open concept Kitchen/Dining Area, Large Bathroom with Utility Room, Newer gas furnace and central A/C unit. This property has long-term tenants with a month-to-month lease, paying $600 per month and they wish to stay. Being sold subject to tenant's rights. Ross Co. Auditor reports this being Parcel 305442003000, Net Annual Tax as $550.48, 1222 sq. ft., 3 Bedrooms, 1 Bathroom.
Auction 3 : Minimum Bid $35,000
86 N. Watt St., Chillicothe, OH 45601: A One Floor Plan House with side alley access, Front Room, Living Room, Bathroom, Kitchen, Dining Nook, Bedroom, partial basement, and crawl space, newer gas furnace and central A/C unit. House has long-term tenants with a month-to-month lease, paying $550 per month and they wish to stay. Being sold subject to tenant's rights. Ross Co. Auditor reports this as Parcel No. 305436019000, 960 sq. ft., 5 rooms, Net Annual Tax as $345.36.
Auction 4: Personal Property
1996 DODGE 1500 Pickup Truck, 4 x 4, SLT, extended cab, short bed, showing 237,076 miles, V8 magnum. Executor provides the truck runs and drives.
Real Estate Terms: $3,500 down at the time of sale in the form of cash or check for each property with positive photo ID; Sold in As-Is condition; No Buyer's contingencies exist; Closing & Delivery of deed to take place on or before Dec. 4, 2022; Possession subject to tenants rights for 130 Prospect & 86 N. Watt; Real Estate taxes will be prorated to date of closing; Seller will pay the Real Estate commission and pro-rated taxes; all other costs associated with closing will be the Buyer's responsibility; Closing will take place at Benson Motes Title, Chillicothe, OH.
Personal Property Terms: Paid in full at time of sale cash or check with positive photo ID; Sold As-Is; Estate will provide Buyer the title approximately within one month of the date of the auction. Sale is subject to Probate Court approval. Once the Court approves the sale the Seller or the Seller's Attorney, Clifford N. Bugg 740.775.3300, will send the title directly to the Buyer.
