7092 Nolin Dam Rd Absolute Real Estate Auction

Americana Real Estate & Auctions

 

Date(s) 9/16/2024 - 10/19/2024

Saturday, October 19th, 2024 @ 10:00am CST

Shipping Not Available
Bidding Notice:

Live On-Site Auction with online bidding available for those who can not attend. 10% buyer's premium will be added.

Auction Notice:

All internet bidders must be registered and approved by Americana Real Estate & Auction atleast 24 hours prior to the auction ending in order to bid online.

Auction Information
Name 7092 Nolin Dam Rd Absolute Real Estate Auction
Auctioneer
Type Live Webcast Auction
Date(s) 9/16/2024 - 10/19/2024
Auction Date/Time Info
Saturday, October 19th, 2024 @ 10:00am CST
Preview Date/Time By appointment
Checkout Date/Time Please see terms and conditions
Location
Buyer Premium 10% Buyer's Premium
Description
Absolute Real Estate Auction Auction Date & Time: October 19th, 2024 @ 10:00am CST Location: 7092 Nolin Dam Rd, Mammoth Cave, KY 42259 Investment Opportunity To be auctioned on-site in person and via simulcast: This property offers a unque investment opportunity in the Mammoth Cave, KY area. Featuring a 2-bedroom, 1.5-bath home situated on approximately 2.5 +/- acres. This fixer-upper presents significant potential for development. The property is located just 5 miles from Nolin Dam and 3.5 miles from Briar Creek Boat Ramp and Recreational Park, providing convenient access to outdoor activities and natural attractions. The property includes a large barn and a spacious workshop. The barn is in fair condition, providing utility for storage, agricultural use, or potential conversion depending on your needs. The workshop, in good condition, offers ample space for a variety of purposes, making it a valuable asset for business operations or personal projects. The home requires renovation but offers a functional layout, making it suitable for those looking to customize a space to their specific requirements. The surrounding acreage provides ample room for expansion or additional developments. This property will be auctioned live, with simulcast bidding available for remote participation. Its versatile zoning, coupled with its prime location near local landmarks, presents a valuable oppurtunity for both investors and developers. For more information contact the listing auctioneer: Aaron Haycraft 270-589-1236, Dwight Butler broker/auctioneer 270-668-2432, Todd Akridge associate broker/auctioneer 270-668-3047. Terms and Conditions: Real Estate will require a nonrefundable deposit of 10% day of auction, balance due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check, or verified funds. Real estate taxes to be prorated. Purchaser will be required to sign an inspection waiver prior to signing a sales purchase agreement at the sale on October 19, 2024. This auction is not contingent on financing. There will be a 10% buyer's premium added to the winning bid. The sum of the winning bid plus the buyer's premium will be the sales price.
Onsite buyer's: 10% down payment day of sale, with the balance of purchase price due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check or verified funds. Online buyer's: 10% down payment within 48 hours of the sale, with the balance of purchase price due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check or verified funds. All internet bidders must be registered and approved by Americana Real Estate & Auction atleast 24 hours prior to the auction in order to bid online. TERMS: Possession will be given at closing. All announcements made day of the auction from the auction block take precedent over printed or electronically produced media. Real Estate Taxes and Closing Cost: All real estate taxes will be prorated for (year). The purchaser will pay all other closing costs associated with the purchaser's side of the sale, including local and state recording fees and any cost associated with the purchaser's loan. The seller will pay for deed preparation and deed tax. Buyer's Premium: There will be a 10% Buyer's Premium added to the winning bid. The sum of the winning bid plus the Buyer's Premium will be the sale price. Real Estate Earnest Money: Onsite buyer's: 10% down payment day of sale, with the balance of purchase price due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check or verified funds. Online buyer's: 10% down payment within 48 hours of the sale, with the balance of purchase price due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check or verified funds. This Auction is not contingent on or subject to financing, appraisal, survey, or inspections of any kind, as agreed to by bidders at registration prior to bidding. If the buyer is obtaining financing please speak with your lender to ensure the loan can be completed by the specified closing date before bidding. Seller and Buyer(s) shall pay their share of the costs of closing. The buyer acknowledges they are buying property "as-is", "where-is", without inspections or contingencies. The buyer(s) will rely on his/her own judgment and inspection ALL SALES ARE FINAL! The bidder understands and agrees that no refunds, exchanges, adjustments, chargebacks, etc., will be allowed. Property is available for inspection at specified times, and it is the bidder's responsibility to determine the condition. Bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, chargeback, etc. All description information has been gathered from sources which we believe to be reliable but is not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. The auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary. Any dispute between Americana Real Estate & Auction, its Agents or Representatives, and the Buyer(s) will be tried in a court of jurisdiction in Breckinridge County, Kentucky. By bidding on the property, the buyer agrees to all terms and conditions set forth. Agency: Americana Real Estate & Auction Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Americana Real Estate & Auction and its Agents and its Representatives from any and all claims, damages, or suits including but not limited to awards, judgements, costs, fees, etc. Americana Real Estate & Auction reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you agree to the terms as they are written at that time.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
Onsite buyer's: 10% down payment day of sale, with the balance of purchase price due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check or verified funds. Online buyer's: 10% down payment within 48 hours of the sale, with the balance of purchase price due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check or verified funds.