21.9 Acres. E Walnut St. New Albany, Ohio SOLD $2,300,000
Multi-Parcel Auction
New Albany, Ohio
6837 E Walnut St. New Albany, Ohio. This 21.9 acre property is being offered in two parcels, presenting an excellent opportunity for rural living, investment, or potential future development. The property combines a quiet rural setting with convenient access to city amenities.
Parcel 1 is 6.65 acres and features a park-like setting with multiple building sites. The property is mostly wooded with a few small meadows, along with well maintained walking/riding trails throughout the property. A small creek also flows through the property. The purchaser will need to install a driveway for access. Electric service is available along the road.
Parcel 2 is 15.29 acres and includes a well-maintained, 2,564 sq ft two-story home built in 1982. The home offers three bedrooms and 2½ baths. The main level features an eat-in kitchen, spacious living area, office space, and a bedroom with an en-suite bath. Upstairs are two additional bedrooms and a full bath. The extended two car heated garage includes a workshop area and half bath. Recent updates include new windows and exterior doors, a new patio, landscaping, and gutters. The water well and septic system are in good working order. The home is well kept and very ideal for entertaining both inside and out. Set approximately 300 feet from the road, the home offers a private setting with limited visibility of neighboring homes. Additional improvements include a 24' X 29' pole building and a storage shed, both with concrete floors, new exteriors and roofs. The land consists of mostly level topography and offers a good mix of woods, also with well maintained walking/riding trails, and meadows that can provide multiple types of land use including pasture, riding, hunting, homesteading, or just enjoying the natural setting. The small creek also flows through this parcel. The southern property boundary adjoins the New Albany city limits.
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The auction will begin closing on August 15th at 1:00 PM EDT. Bids may be placed online at any time or in person at the property on August 15th from 12:00 PM EDT until the conclusion of the auction. An open house will be held August 8th from 10:00 AM to 1:00 PM EDT and August 15th from 9:00 AM to 12:00 PM EDT. Additional showings by appointment.
Approximate annual property taxes are $122 for Parcel 1 and $9,622 for Parcel 2. Parcel 1 is zoned SER (Suburban Estate Residential), and Parcel 2 is zoned R (Rural District). Plain Township. Plain Local School District. Franklin County parcel numbers: Parcel 1: 220-002036 Parcel 2: 220-000395 and 220-000596
Without annexation, Souder Road is not a legal access to the property. Sellers shall retain possession of the home for 30 days after closing. Clear title and an owner’s title insurance policy will be provided to the buyer/s at closing. There are no deed restrictions. A 10% buyer’s premium will be added to the highest bid (gavel price) to determine the final purchase price. Acceptance of the Auction Terms is required prior to bidding.
Auctioneer
Brian Bauer
614-949-6764
bbauer@mossyoakproperties.com
Agent
Scott Bare
740-404-8915
sbare@mossyoakproperties.com
The following is a summary of the Terms and Conditions for this online auction of real estate located at and/or identified as 6837 E. Walnut St. New Albany, Ohio (the “Property”), Franklin County parcels 220-002036, 220-000395 and 220-000596 being 21.928 acres.
By participating in this auction, the Bidder acknowledges, agrees, and accepts that the Bidder has fully read, understands, and consents to be bound by all of the following Terms and Conditions.
This is a Seller Confirmation Auction. If the highest bid meets or exceeds the Seller’s expectations, the highest bidder(s) will be required to execute the Real Estate Purchase Agreement. The Real Estate Purchase Agreement and title documents are available for review prior to bidding under the “Documents” tab of the auction website. No revisions to the Purchase Agreement will be permitted.
AUCTION PROCEDURE. All bids are legally binding for 24 hours following the close of the auction. The auction will begin closing on August 15th, 2026, at 1:00 PM EDT. Bidding will remain open on this property until 5 minutes have passed without receiving a bid. This soft close ensures fairness and allows the highest bidder to win. Auctioneer reserves the right to shorten or extend this time. You are NOT bidding by the acre. Bidding is for a lump sum total dollar amount for the property.
BUYER’S PREMIUM & PURCHASE PRICE. A 10% Buyer’s Premium will be added to the winning bid to calculate the Total Purchase Price. All bid amounts displayed online DO NOT include the Buyer’s Premium. If Bidder’s bid is accepted, Bidder is legally bound to purchase the Property and agrees to pay the Total Purchase Price, consisting of: Winning Bid amount, Plus 10% Buyer’s Premium, Plus 50% of the standard title company closing fees, Plus 50% of the Owner’s Policy of Title Insurance.
NON-REFUNDABLE DEPOSIT. The winning bidder(s) shall tender a non-refundable deposit equal to ten percent (10%) of the Total Purchase Price via electronic transfer or other method specified by the Auctioneer within one (1) business day of the conclusion of the auction. If Parcel 2 sells individually, the required non-refundable deposit on Parcel 2 shall be three percent (3%) of the final purchase price. If the winning bidder fails to tender the required non-refundable deposit in accordance with these auction terms, such failure shall constitute a material default under Ohio law, and the Auctioneer and/or Seller may pursue damages and all other remedies available by law. If the winning bidder fails to close the transaction, through no fault of the Seller, the non-refundable deposit shall be retained by the Auctioneer and Seller as liquidated damages.
PROPERTY CONDITION & INSPECTIONS. The property is offered and sold AS-IS, WHERE-IS, WITH ALL FAULTS, and without any representations, warranties, guarantees, or assurances of any kind, express or implied, by Seller or Auctioneer, including but not limited to soil conditions; septic system feasibility or approval; water availability; access to or availability of public or private utilities; environmental conditions; or suitability for any intended use. Seller and Auctioneer shall make no repairs, improvements, or concessions of any kind. All due diligence is the sole responsibility of the bidder and must be completed prior to bidding. Any inspections are conducted at the bidder’s sole risk and expense. This sale is not contingent upon inspections, financing, appraisals, septic approval, utility access, or any other condition.
FINANCING. The winning bidder may choose to finance their purchase; however, this sale is NOT contingent upon the buyer obtaining financing. Buyers are advised to obtain lender pre-qualification prior to bidding. Buyer assumes responsibility for any appraisal gaps or lender valuation discrepancies. The closing shall not be delayed due to any delays with buyers lender.
POSSESSION. The sellers shall retain possession of the home, barn and shed on Parcel 2 for up to 30 days after closing.
CLOSING. Closing shall take place on or before September 14th, 2026. Sellers will convey title by General Warranty Deed. Closing will be conducted by: Northwest Title. Crissa Felkner Phone: 740-994-4155.
BIDDER INFORMATION & PRIVACY. By bidding on any of our auctions, you agree that Bauer Realty & Auctions, LLC has the right to share your name and phone number with the winning bidder/s only. Our bidding process is very transparent, and upon the winning bidder’s request, we may provide our bidder's list to the winning bidder/s at the auctioneer's discretion.
BIDDER ELIGIBILITY. Bidders must be 18 years of age or older. Only the actual buyer may register and bid; no proxy or third-party bidding is permitted. All bidders are subject to approval at the Auctioneer’s sole discretion. Auctioneer reserves the right to request proof of funds or a lenders pre-qualification letter before allowing participation or acceptance of any bid.
AGENCY RELATIONSHIP. Bauer Realty & Auctions LLC and its brokers, salespersons, auctioneers, agents, and employees represent the Seller exclusively.
BID RIGGING – FEDERAL LAW. Bid Rigging and/or Collusion is a federal felony under Title 15, Section 1 of the U.S. Code (Sherman Antitrust Act). Any agreement or understanding between bidders to restrict or suppress competitive bidding is illegal. Violations may result in: Fines up to $100,000,000 for corporations. Fines up to $1,000,000 for individuals. Imprisonment up to ten (10) years. The Auctioneer reserves the right to report suspected violations to the FBI or other applicable authorities for investigation and prosecution. The following examples of Bid Rigging and/or Collusion are prohibited and will be reported to the proper authorities. Agreements between bidders to limit, suppress, or avoid competitive bidding. Any form of payment, incentive, or side agreement to influence bidding activity. Undisclosed joint bidding or partnerships. Communication between bidders to coordinate bidding or divide parcels. Use of agents, aliases, or multiple accounts to conceal identity or manipulate bidding. Agreements to withdraw, reduce, or stop bidding to benefit another party.
TECHNICAL ISSUES. In the event of any technical difficulties involving servers, software, internet, or auction platform systems, the Auctioneer reserves the right to extend, pause, resume, or close the auction as deemed appropriate. Neither the Auctioneer nor the software provider shall be liable for any missed bids or platform malfunctions.
ANNOUNCEMENTS. All oral announcements and online postings made by the Auctioneer shall take precedence over any previously printed or published materials.
DEFAULT & ENFORCEMENT. Should Bidder fail to comply with these Terms and Conditions, Auctioneer and/or Seller may pursue all legal remedies available, including recovery of actual damages, court costs, and reasonable attorney’s fees incurred to enforce these terms.
