Will Hudson, Attorney
1537 Light St., Baltimore, MD 21230
Featuring Live & Simulcast Online Bidding
1610 INGRAM ROAD
Off Fenwick Avenue
Baltimore, MD 21239
ONLINE BIDDING OPENS:
TUESDAY, SEPTEMBER 7, 2021
LIVE ONSITE AUCTION:
FRIDAY, SEPTEMBER 10, 2021 AT 11:00 A.M.
– Starting Bid: $40,000 –
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
1610 Ingram Road is located in the Perring Loch neighborhood in Northeast Baltimore. The property is located between Perring Parkway and Loch Raven Boulevard, from which it gets its name. Surrounding neighborhoods include Loch Raven, Woodbourne Heights and New Northwood. The home features a close-knit community that takes pride in their well-maintained townhomes. Most of Perring Loch’s homes were built just after World War II during the 1950’s, according to Live Baltimore. The area offers an array of retail, dining and neighborhood services within close proximity along Belvedere Square, Loch Raven Boulevard and Taylor Avenue. Major employers in the area include MedStar Hospital, Morgan State University and Loyola University Maryland. Commuters have easy access to The Baltimore Beltway (I-695) and the Jones Falls Expressway (I-83).
For more information, please see:
Neighborhoods – livebaltimore.com
Lot size – 20’2” x 122′, more or less. Plat
Zoned R-5, residential
Front and rear porches
All public utilities
Two story brick, porchfront, townhome – constructed in 1956, containing 1,280 square feet of living area and 640 square feet of basement space, according to public tax records.
1610 Ingram is part of the Greater Northwood Covenant Association. The annual dues are $7.31. Please click each link to open the HOA documents:
Subject to an annual $96 ground rent (payable in semi-annual installments on 5/4 and 11/4); sold free and clear of liens.
Published annual real estate taxes are $3,285.12, based on a full value assessment of $139,200.
Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: Assessment Appeal Process.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $7,500 deposit, payable by cashier’s check, will be required of the on-site purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Monday, September 13, 2021, at the Auctioneer’s office. If purchased by an online bidder, the full 10% deposit is due by cashier’s check or wire transfer by 4:30 P.M. on the day of auction, at the Auctioneer’s office. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, ground rent, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the Greater Northwood Covenant Association, Inc. rules and regulations. The Property will be sold subject to Baltimore City violation notices, if any. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence. A 5% buyer’s premium will be added to the final bid price.
Will Hudson, Personal Representative
of The Estate of Victoria Lyle