Online Only Auction
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High Bid: 7,500.00 USD
12 Bids
Time Remaining: 7d 13h 9m - Tuesday 01:58 PM
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Date(s)
11/12/2024 - 11/26/2024
AUCTIONEER INFORMATION
Bidding Notice:

This is an ONLINE ONLY Auction - All bidding will take place online. TERMS: 15 % Down Payment – 24 hours: Balance due at closing, Possession with deed. 10% BUYERS PREMIUM will be added to WINNING BID to determine  PURCHASE PRICE OF THE REAL ESTATE. Real Estate selling “AS-IS, WHERE IS”. Soft close will apply to this auction. Auction is subject to prior sale.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Farm #1 Tract #1 Barn and 3.48+/- Acres
Name Rex Ferguson Auction
Auctioneer
Type Online-Only Auction
Date(s) 11/12/2024 - 11/26/2024
Auction Date/Time Info
Bidding Starts Tuesday November 12, 10:00am CST Bidding Ends Tuesday November 26, 2:00pm CST
Preview Date/Time Bidding Starts Tuesday November 12, 10:00am CST
Checkout Date/Time Bidding Ends Tuesday November 26, 2:00pm CST
Location
Buyer Premium 10% Buyers Premium
Description
Don’t miss this unique opportunity to own a property that blends residential comfort with prime agricultural potential! The brick home features 3 bedrooms and 1 bathroom, making it an ideal home for families or those seeking a peaceful escape. Step inside to discover a welcoming layout, highlighted by a full basement with convenient garage entrance, providing ample storage and additional utility options. The attached one-car garage offers direct access for added ease. Enjoy serene evenings on the concrete front porch or gather in the fenced-in backyard, perfect for outdoor gatherings or relaxing in your private oasis. Spanning approximately 67.08+/- total acres, this prime farmland is available to be purchased in tracts and offers immense potential for residential development, farming, or cropland use. Conveniently located just off the 127 Bypass, you’ll find yourself only 2.7 miles from vibrant Downtown Albany, KY, and 3.8 miles from the Tennessee/Kentucky border. Outdoor enthusiasts will appreciate the proximity to Wolf River Dock and Wisdom Dock on Dale Hollow Lake, located a mere 7.5 and 9.7 miles away, respectively, offering endless opportunities for boating, fishing, and enjoying nature. This is a rare opportunity to acquire a beautiful home and expansive land in a desirable location. Join our online auction and make this dream property yours! Whether you're looking to settle down or invest in farmland, this auction is not to be overlooked.
**Soft Close will apply to this auction. Any bids made within the last 5 minutes will add an addtional 5 minutes to the time. If you are outbid, you will have an addtional 5 minutes to make another bid. This process will continue until no bids are made within the last 5 minutes.** 1. 15% Down Payment (non-refundable) - Sale Day - Balance is due on or before 30 days after the auction ends. 2. 10% BUYERS PREMIUM will be added to the WINNING BID to determine PURCHASE PRICE OF THE REAL ESTATE. 3. Real Estate is selling "AS-IS, WHERE IS", both surface and subsurface with no warranties guaranteed or implied; sold subject to any restrictions, right of ways or easments, recorded or unrecorded. Please conduct your own due diligence of the property being sold prior to bidding. 4. United Country Lakes and Land Realty/Auction is the agent for the seller. 5. The seller nor his/her agent make any representation or warranty regarding any utilities being available to the real property being sold. Bidder should determine the feasibility of any untility service(s) prior to bidding. 6. Bidders are invited to inspect the property and are responsible to complete their own due diligence before the sale date. 7. All information herein was obtained from sources believed to be reliable, however accuracy is not guaranteed. 8. Payment in cash, or good check. 9. All announcements on sale day or published/distributed on the internet prior to the stated online auction ending time take precedence over previously published advertising. 10. Purchaser will be required to sign a purchase contract at the close of the sale. 11. This sale is final with no contingencies and is not subject to the buyers ability to obtain financing. 12. Possession to be given with deed at closing. 13. Seller to convey the property by General Warranty Deed. 14. Property is selling by new survey. 15. Taxes to be prorated. 16. Buyer is responsible for closing costs and their own title search. 17. United Country Lakes and Land Realty/Auction and their agents and staff are eligible bidders and subject to the same registration, terms, and conditions as all other bidders. 18. Purchaser will be required to sign a lead based paint disclosure. Online Auction Software Disclaimer: United Country Lakes and Land Realty/Auction is not responsible for any damages arising from any interruption, suspension, or termination of the site. By agreeing to the terms, you are accepting that you use the site to your own risk and without any guarantees from United Country Lakes and Land Realty/Auction or its sellers. This includes the operation and functionality of the site. The site is normally available 24 hours a day, 7 days a week but we do not guarantee that you will always have access to the site or that it will be operational 100% of the time. United Country Lakes and Land Realty and Auction retains the right to make the site unavailable on occassion for any reason. United Country Lakes and Land Realty/Auction also reserves the right to the following: 1. Terminate or suspend access to any bidder for any reason to the site. 2. Terminate or suspend any bidder's registration to bid and/or bidders account. 3. Suspend bidding to any individual lot or all lots in an auction at any time. 4. Extend the bidding ending date and time for any individual lot or all lots in an auction at any time. By registering to bid and agreeing to the terms and conditions, bidders guarantee that the information given to United Country Lakes and Land Realty/Auction is accurate and truthful. Users agree to indemnify and hold United Country Lakes and Land Realty/Auction harmless from any lawsuit based on the user's negligence or activities. Attoreny David R. Choate will be the closing attorney for this auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 700.00 5.00 USD
700.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% Buyers Premium
Payment Terms
Visa, Mastercard, American Express, Discover, Cash, Check
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