Some properties are not for the average buyer—they are for those who see opportunity where others see work. This auction property in Findlay, Ohio is exactly that. Set on 4 acres with a pond and mature trees, it offers a peaceful country setting combined with serious investment potential.
At a starting bid of $50,000, this property immediately stands out as a value-driven opportunity. However, it’s important to understand that this is a project property requiring significant work and careful planning.
For the right buyer, this could be a chance to transform a distressed property into something valuable.
Before diving deeper, here’s a quick look at the key details.
Property Overview
| Feature | Details |
|---|---|
| Starting Bid | $50,000 (Auction) |
| Location | 12269 County Road 109, Findlay, OH |
| Bedrooms | 4 |
| Bathrooms | 2.5 |
| Living Space | 2,718 sqft |
| Lot Size | 4 acres |
| Property Type | Single Family Ranch Home |
| Garage | 2-Car Attached Garage |
| Extras | Pond, Fireplace, Mature Trees |
This property offers a large footprint with 2,718 square feet, making it significantly larger than most homes at this price point.
The 4-bedroom, 2.5-bathroom layout provides flexibility for renovation and future resale value.
The 4-acre lot with a pond adds lifestyle appeal and long-term potential.
Overall, it’s a high-risk, high-reward opportunity.
Auction Details and Buying Terms
This property is being sold through an online auction, beginning March 16th and ending April 2nd at 3:00 PM.
The winning bidder is required to submit a $5,000 non-refundable earnest money deposit within 24 hours of auction close.
A 10% buyer’s premium will be added to the final purchase price, which is important to factor into your total investment.
The buyer must be prepared to close within 30 days, making this a fast-moving transaction.
A Property with Strong Potential but Major Repairs Needed
The home is described as being in rough condition, meaning significant repairs or renovation will likely be required.
Buyers should approach this property with a clear understanding that it is being sold as-is with no warranties or guarantees.
Due diligence is critical, including inspections and cost evaluations before placing a bid.
This is not a move-in ready home—it is a project with upside potential.
Safety Considerations and Entry Requirements
Extreme caution is required when entering the property. A signed waiver is mandatory prior to touring the home.
There are known issues such as rodents inside the property, which further highlights the condition.
The seller and auctioneer are not responsible for any injuries, so buyers must take full responsibility when viewing.
This reinforces that the property is best suited for experienced buyers or investors.
Spacious Layout with Renovation Possibilities
Despite its condition, the home offers a large and functional layout. With four bedrooms and multiple bathrooms, it has strong potential after renovation.
The ranch-style design provides a practical floor plan that can be modernized.
A large kitchen and spacious rooms offer a good foundation for redesign.
The presence of a wood-burning fireplace adds character that can be enhanced.
Land and Outdoor Features Add Value
The 4-acre lot is one of the property’s strongest assets. It provides privacy, space, and flexibility for outdoor use.
A pond and mature trees enhance the natural setting, creating a peaceful environment.
Even if the home requires major work, the land itself holds long-term value.
This combination of acreage and natural features is increasingly desirable.
Location with Country Feel and City Access
The property is located in the Van Buren School District, adding appeal for future buyers or renters.
It offers a quiet country atmosphere while being just minutes from Findlay.
This balance between rural living and accessibility increases its overall potential.
Location plays a key role in the long-term value of any investment.
Final Thoughts
This Ohio auction property is not for everyone, but for the right buyer, it presents a unique opportunity. With 2,718 sqft, 4 bedrooms, 4 acres, and a pond, it has strong upside potential.
However, the condition, auction terms, and safety considerations mean it requires careful planning and experience.
For investors or buyers ready to take on a serious project, this could be a rewarding opportunity.
Be sure to review the auction details carefully and check out the Zillow link below the photos for more information.
Listed on Zillow