Lot # : 5 - 59 Acres Salem Lake Rd, Hodgenville

Online Only Auction
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High Bid: 194,550.00 USD
49 Bids
Time Remaining: 12h 19m
Soft Close
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Hodgenville, KY 42748
Date(s)
4/4/2024 - 4/30/2024
AUCTIONEER INFORMATION
Catalog
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Bidding Notice:

10% Buyers premium will be added to the winning bid to make the sales price. 10% nonrefundable deposit down day of auction and balance with deed within 30 days. 2024 property taxes prorated, possession with deed. Buyer must deliver the escrow deposit within 24 hrs after the completion of the auction. Potential buyers may conduct any inspections prior to auction.

Auction Notice:

10% Buyers premium will be added to the winning bid to make the sales price. 10% nonrefundable deposit down day of auction and balance with deed within 30 days. 2024 property taxes prorated, possession with deed. Buyer must deliver the escrow deposit within 24 hrs after the completion of the auction. Potential buyers may conduct any inspections prior to auction.

Information
Lot # 5
Group - Category Real Estate - Ag / Farm Land
Lead 59 Acres Salem Lake Rd, Hodgenville
Description
On Tuesday April 30 bidding will close on this prime piece of land just minutes from town. The property contains 59 acres with the majority being open tillable land. Also located on the property is a small pond, old tobacco barn and a cell tower with a lifetime easement, the property borders Castleman Creek on the west side of the property. The tower no longer pays a fee as the rights have been sold off. The land will be offered as a whole. The property has been surveyed. See attached files at
Name 59.5 Acres 767 Salem Lake Rd, Hodgenville
Auctioneer
Lewis Auction
Type Online-Only Auction
Date(s) 4/4/2024 - 4/30/2024
Auction Date/Time Info
Bidding Closes on 4-30-24
Preview Date/Time Call for showing
Checkout Date/Time Buyer Has 24 hrs after bidding closes to sign auction contract and deliever the 10% escrow deposit to lewis auction. Real Estate closing to be with in 30 days after sale date.
Location
767 Salem Lake Rd
Hodgenville, KY 42748
Buyer Premium 10 % of final bid price
Description
On Tuesday April 30 bidding will close on this prime piece of land just minutes from town. The property contains 59 acres with the majority being open tillable land. Also located on the property is a small pond, old tobacco barn and a cell tower with a lifetime easement, the property borders Castleman Creek on the west side of the property. The tower no longer pays a fee as the rights have been sold off. The land will be offered as a whole. The property has been surveyed. See attached files at
10% buyer’s premium will be added to the final bid to determine the sale price. Terms: 10% nonrefundable deposit down day of auction and balance with deed within 30 days. 2024 property taxes prorated, possession with deed. Buyer must deliver the escrow deposit within 24 hrs after the completion of the auction. Potential buyers may conduct any inspections prior to auction. Waiver of inspections will be used at auction. Sold in “AS IS” condition. 10% buyer’s premium will be added to the final bid to determine the sale price. “SELLS TO THE HIGHEST BIDDER” For more information or to view call listing or Auctioneer/Broker Bobby Dobson (270) 737-1839.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 20.00 0.50 USD
20.01 - 50.00 1.00 USD
50.01 - 100.00 2.50 USD
100.01 - 300.00 5.00 USD
300.01 - 500.00 100.00 USD
500.01 - 975.00 100.00 USD
975.01 - 25,000.00 100.00 USD
25,000.01 - 97,500.00 500.00 USD
97,500.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10 % of final bid price
Payment Terms
10% nonrefundable deposit down day of auction and balance with deed within 30 days. 2024 property taxes prorated, possession with deed. Buyer must deliver the escrow deposit within 24 hrs after the completion of the auction. Potential buyers may conduct any inspections prior to auction. Waiver of inspections will be used at auction. Sold in “AS IS” condition. 10% buyer’s premium will be added to the final bid to determine the sale price. “SELLS TO THE HIGHEST BIDDER”
10% nonrefundable deposit down day of auction and balance with deed within 30 days. 2024 property taxes prorated, possession with deed. Buyer must deliver the escrow deposit within 24 hrs after the completion of the auction. Potential buyers may conduct any inspections prior to auction. Waiver of inspections will be used at auction. Sold in “AS IS” condition. 10% buyer’s premium will be added to the final bid to determine the sale price. “SELLS TO THE HIGHEST BIDDER” For more information or to view call listing or Auctioneer/Broker Bobby Dobson (270) 737-1839.
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