1112 Cave Run Lane Extended
Past Auction
Online-Only Auction
Bidding Notice:

Register online or call 270-765-4308 and we will arrange to register you at our office.

Auction Information
Name 1112 Cave Run Lane Extended
Auctioneer
Type Online-Only Auction
Date(s) 11/28/2018 - 12/13/2018
Preview Date/Time By appointment only
Location
Buyer Premium 10%
Description
ONLINE AUCTION Nov 29 through Dec 13 8,700 sq ft Custom Home - Foxfire Subdivision 1.72 Acre Double Lot - Damaged by Fire in June 2018 1112 Cave Run Lane, Elizabethtown DIRECTIONS: From the US-31W and Ring Road intersection, turn northeast on Ring Road towards Freeman Lake. Travel about 1.3 miles and turn right onto Pear Orchard Rd then go about ¼ mile and turn right onto Foxfire Road beside the First Presbyterian Church. Go a short distance and turn right onto Driftwood Lane, then left onto Cave Run Lane. REAL ESTATE: A 2 story brick home with approximately 8,700 square feet (5,900 above grade), marble foyer, 5 bedrooms, 4 full baths, 2 half baths, foyer with curved staircase, 21' ceiling in great room with fireplace, kitchen with all granite counters and island, morning room off of kitchen with fireplace, formal dining room, butler pantry with pass through pocket windows, master suite on main level with master bath and walk-in closets, library with fireplace, laundry room on main level with ½ bath and separate coat/shoe closets, 2 upstairs bedrooms with Jack & Jill bathrooms, catwalk connecting upstairs that overlooks the great room and foyer, upstairs suite with 2nd laundry room and private staircase, and huge guest suite with living room above garage with private staircase to garage. Damage on the main and upstairs level includes the curved staircase to the basement, great room, master bedroom, library, structural beams, and areas above. Smoke damage is present in all finished areas excluding the 2 garages. The basement consists of approximately 2,800 sq ft and has had all drywall and carpet removed. Prior to the damage, the basement featured a rec room and fully equipped wet bar with dishwasher, trash compactor, microwave, and refrigerator, a workout room, theater room with elevated seating, and large family room. There is also a stone wine cellar with iron doors that is intact, two concrete storm shelter rooms, and emergency sump pump drain system installed by Master Waterproofing. The home is heated by an electric heat pump/natural gas system and central air conditioning. There are two separate 2 car garages connected by a porte cochere with cast iron gates. The home is situated on a 1.72 acre double lot with underground irrigation (excluding left rear corner) and is located in the heart of Foxfire Subdivision. Picturesquely situated on Freeman Lake Park, the neighborhood offers an extremely convenient location for most anything in Elizabethtown and is only 3 ½ miles from I-65 and 35 minutes south of Louisville. TERMS: A 10% buyer's premium will be added to the winning bid to determine the final sale price. Bidding will be online only at HodgesAucton.HiBid.com from 8:00 AM eastern time on November 29th until 5:00 eastern time on November 13th. $25,000 in certified funds or wire transfer will be due within 24 hours of auction conclusion with the balance due within 30 days. Deposit will be placed into the escrow of Hodges Auction and credited to the purchaser at closing. Property taxes will be prorated to the date of deed. Possession will be given with the deed. Inspection of the property may be performed by prospective bidders prior to the auction. To arrange an inspection, call our office at 270-765-4308 or email philtabb@hodgesauction.com. All persons entering the property must sign a waiver releasing the owner from liability during inspection. The home was damaged by fire on June 25, 2018. Thorough property inspection is highly advised prior to bidding. Property sells as is with no guarantees by the seller or Hodges Auction Company.
TERMS: A 10% buyer's premium will be added to the winning bid to determine the final sale price. Bidding will be online only at HodgesAucton.HiBid.com from 8:00 AM eastern time on November 29th until 5:00 eastern time on November 13th. $25,000 in certified funds or wire transfer will be due within 24 hours of auction conclusion with the balance due within 30 days. Deposit will be placed into the escrow of Hodges Auction and credited to the purchaser at closing. Property taxes will be prorated to the date of deed. Possession will be given with the deed. Inspection of the property may be performed by prospective bidders prior to the auction. To arrange an inspection, call our office at 270-765-4308 or email philtabb@hodgesauction.com. All persons entering the property must sign a waiver releasing the owner from liability during inspection. The home was damaged by fire on June 25, 2018. Thorough property inspection is highly advised prior to bidding. Property sells as is with no guarantees by the seller or Hodges Auction Company.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 374,500.00 500.00 USD
374,500.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 10%
Payment Terms
$25,000 escrow deposit due within 24 hours of close from winning bidder in the form of certified funds or wire transfer
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.