Mid American National Bank v. Favorite

Judith Ann Lanzinger, Judge.

I

This matter is now before the court on a dispute over approval and confirmation of the sheriffs sale of real property at 3221-3223 Meadowlake Drive in Toledo, Ohio. The sale, ordered by the court on August 12, 1994, took place November 1, 1994. The property at issue was appraised at $110,000 and was ultimately sold for $112,000 to a third party. An objection to confirmation of sale was filed by defendants on November 3, 1994. They challenge the sheriff’s appraisal as not reflecting fair market value of the property and contend that the appraisers did not actually…