Live Webcast Auction
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Price Realized:
200,000.00 USD
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Price Realized 200,000.00 USD
Date Sold 2024-04-25T00:00:00
Date(s)
4/10/2024 - 4/25/2024
AUCTIONEER INFORMATION
Bidding Notice:

On-Line Pre-Bidding


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 10570 Lebanon Road, Parksville, KY
Description
*Historic 3 Bedroom House * Multi-Use Building with Full Kitchen, Bathrooms, Large Multi Use Room * 40x55 Metal Pole Barn * 30x30 Detatched 2 Car Garage wit Concrete Floor * 6 Bent Barn with Stalls, Feed & Equipment Storage * Fenced Pasture (Adjoins Barn) With Ritchie Automatic Water * 16x24 Shop Building * Pond, City Water, 2 Separate Septic Systems 7.4 Acres
Name Historic House, Barn, Acerage - Abs Real Estate Auction With
Auctioneer
Type Live Webcast Auction
Date(s) 4/10/2024 - 4/25/2024
Auction Date/Time Info
Bidding begins to close Thursday, April 25th @ 6:00PM
Preview Date/Time Open House: Sunday, April 21st 2:00 - 4:00PM
Checkout Date/Time 10% Deposit with signed contract due upon completion of the sale.
Location
Buyer Premium 10% for this auction
Description
* 3 Bedroom Historic House * Multi-Use Building with Full Kitchen, Bathrooms, Large Multi Use Room * 40x55 Metal Pole Barn * 30x30 Detached 2 Car Garage wit Concrete Floor * 6 Bent Barn with Stalls, Feed & Equipment Storage * Fenced Pasture (Adjoins Barn) With Ritchie Automatic Water * 16x24 Shop Building * Pond, City Water, 2 Separate Septic Systems *7.4 Acres Terms: 10%Deposit on day of sale or next day by bank wire for out of state bidder. Ballance & possession with deed, on or before May 28th, 2024. Taxes will prorate to the day of closing. !0% Buyers Premium will be added to the winning bid to determine the final sale price. This is a non-contingent sale. All inspections and method of financing are expected to be in place prior to bidding. This property is being offered As-Is-Where Is with no warranties expressed or guaranteed. Auctioneer: George Coomer 859-209-5114 Broker: Nina Kirkland 859-236-5450
Real Estate Terms: -The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. In the case of an out of state buyer, said buyer will sign an auction contract via electronic means and provide the 10% deposit via bank wire the next business day following the sale. -A Lead-Based Paint Waiver will be part of the sales contract. -A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales price. US currency cash or approved check. Example: If the high bid is $100,000, the final sale price will be $110,000 with $11,000 due as a deposit upon completion of the sale. -All bidders understand and acknowledge by bidding that they are entering into a binding agreement as outlined in this document and by Kentucky Revised Statute. -Ballance & possession with deed, on or before May 28th, 2024. Taxes will prorate to the day of closing. -This is a non-contingent sale. All inspections and financing are expected to be in place prior to bidding. -Current taxes, will be prorated at the date of closing. -The Seller will maintain insurance up to the time of closing; however, the successful bidder will hold an equitable interest in the property and is advised to consult with their insurance provider to ensure that they are adequately protected. -This property is being offered "AS IS, WHERE IS and WITH ALL FAULTS", without any warranties expressed, implied or guarantees of any kind. -Agent represents the seller only and does not inspect properties on bidder's behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. -The bids are advanced at pre-set increments available on the bidding web page. -Absentee or Phone Bidding arrangements can be made prior to Auction Day by contacting the Auctioneer, George Coomer, at 859-209-5114. VIP Auction Company may bid on behalf of a potential buyer at their request. -This is a Public Auction and as such, all qualified bidders may bid including VIP Auction Company, Heirs, LLC owners, family members, employees, and affiliates. -Neither VIP Auction Company or the Seller shall be responsible for any internet or technological failures due to no fault of their own. -Announcements made on the day of sale shall take precedence over and previous advertisements or statements. Thank you for participating in this VIP Auction Company sale. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding, VIP Auction Company
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% for this auction
Payment Terms
The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. In the case of an out of state buyer, said buyer will sign an auction contract via electronic means and provide the 10% deposit via bank wire the next business day following the sale. A Lead-Based Paint Waiver will be part of the sales contract. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales price. US currency cash or approved check. Example: If the high bid is $100,000, the final sale price will be $110,000 with $11,000 due as a deposit upon completion of the sale.
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.