Court Ordered Real Estate Auction. Saturday, February 25th, 2017 at 4 PM. This 4 bed, bungalow last sold for $135,500 in 2007 (Lake County Auditor). With a starting bid of only $20,700 this is a great opportunity to get a nice home well below the tax value. Legal: This is a court ordered real estate auction, Lake County Case #14CF001765. United States of America acting through The Rural development, United States Department of Agriculture (USDA) v. Paul F. Brown, Deceased, et al. Terms: This is a Foreclosure Auction ordered by the Lake County Common Pleas Court. The foreclosure process clears all liens and encumbrances, including back taxes, on the subject property. The property sells with a minimum opening bid of $20,700. 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 10% or $2,000, whichever is greater, of the sale price 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 closing, title insurance available. Registration is 1 Hour Prior to Auction.