Online Only Auction
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Time Remaining: Bidding opens in 4d 8h 30m -
Soft Close
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Date(s)
11/26/2024 - 12/10/2024
AUCTIONEER INFORMATION
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Auction Notice:

ONLINE ONLY ABSOLUTE AUCTION


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 493+/- Acres
Description
Hitting the Auction block is a property that has been in the Koger family for generations and never publicly available until now! This 493 +/- acres stretches over a remote area of Wayne Co. Kentucky that offers 2,472,800 bd ft. of standing timber recently cruised by Gernt, Hudson & Associates at 12" DBH. An existing trail system allows one to navigate this property with ease by atv/utv. A true recreational wonderland offering panoramic views,stunning rock outcrops and a tremendous amount of wildlife including deer, turkey,black bear roam the area. Selling by recent survey and offered in 1 tract!
Name 493+/- Acres - KY Hwy 200/Sand Mine Rd.
Auctioneer
Type Online-Only Auction
Date(s) 11/26/2024 - 12/10/2024
Auction Date/Time Info
STARTS: TUESDAY • NOVEMBER 26 • 12 NOON EST ENDS: TUESDAY • DECEMBER 10 • 12 NOON EST
Preview Date/Time -
Checkout Date/Time 20% Deposit at conclusion of sale, with balance due in 30 days.
Location
Buyer Premium Ten Percent Buyers Premium
Description
Hitting the Auction block is a property that has been in the Koger family for generations and never publicly available until now! This 493 +/- acres stretches over a remote area of Wayne Co. Kentucky that offers 2,472,800 bd ft. of standing timber recently cruised by Gernt, Hudson & Associates at 12" DBH. An existing trail system allows one to navigate this property with ease by atv/utv. A true recreational wonderland offering panoramic views,stunning rock outcrops and a tremendous amount of wildlife including deer, turkey,black bear roam the area. Selling by recent survey and offered in 1 tract!
*Extended Bidding does apply. **If you are outbid during the last 5 minutes of the auction you will be given an additional 5 minutes to make another bid. This process will continue until no bids have been made for 5 minutes. Auction Terms and Conditions: 1.) 10% Buyer's Premium. 2.) 20% deposit at conclusion of sale, balance due within 30 days. 3.) Purchaser required to sign a uniform sales and purchase contract at the conclusion of the sale. 4.) Seller Pays 2024 Taxes. 5.) Selling by the new survey by CNC Land Surveying. 6.) Buyer responsible for the closing costs, as well as their own title search. 7.) Seller to convey the property by Warranty Deed. 8.) Possession is with deed at closing. 9.) Attorney Gary A. Little 110 E Cumberland St., Albany, KY (606)387-6779 to prepare closing documents and conduct the closings. 10.) This sale is final with no contingencies and is not subject to the buyer's ability to obtain financing. 11.) Amonett's Eagle Auction & Realty, LLC are agents for the Seller. 12.) Property selling "as is, where is", both surface and subsurface with no warranties guaranteed or implied. Bidders should complete their own due diligence prior to bidding. Seller nor his/her agent (Amonett's Eagle Auction & Realty) make any representation or warranty regarding any utility service(s) available to the real property being sold. Bidder/Purchaser has the duty to determine the feasibility of any utility service(s) prior to bidding. Online Auction Bidding Software Disclaimer: This is an “As-Is” Site. You accept that you use the Site to your own risk and without any guarantees or promises from Amonett's Eagle Auction & Realty, LLC or its Sellers. This includes the functionality and operation of the Site. Amonett's Eagle Auction & Realty, LLC does not guarantee that the Site will be operational 100% of the time. Amonett's Eagle Auction & Realty, LLC does not guarantee that you will always be able to access the auctions listed on the Site. The Site is usually available 24 hours a day, 7 days a week. However, we retain the right to make the Site unavailable from time to time for any reason. Therefore: -Amonett's Eagle Auction & Realty, LLC shall not be liable for any damages arising from any interruption, suspension, or termination of the Site. -Amonett's Eagle Auction & Realty, in its sole discretion, may: --Terminate or suspend access to any bidder for any reason to our Site. --Terminate or suspend any bidder's registration to bid and bidder account. Bidders guarantee that the information they supply to Amonett's Eagle Auction & Realty, LLC is accurate. Users agree to indemnify and hold Amonett's Eagle Auction & Realty, LLC harmless from any lawsuit based on users’ negligence or activities. --Suspend bidding on any individual lot and/or all lots in any auction at any time. --Extend the bidding ending date & time for any individual lot and/or all lots in any auction at any time. -- International Bidders are required to place a "bid" deposit prior to bidding. If they are a winning bidder, the "bid" deposit will be applied towards the purchase price. If they are not a winning bidder, the "bid" deposit shall be refunded. The "bid" deposit shall be 20% of the maximum bid per lot. The "bid" deposit shall be submitted by wire transfer only. --By accepting the terms and conditions of the auction: If Purchaser(s) fail to close, Purchaser(s) agrees that Broker is a Third-Party Beneficiary of this Agreement due any damages from the breach, including but not limited to all costs of the sale and any commissions due from the sale, and those damages are enforceable against the Purchaser(s) irrespective and independent of any action taken by the Seller. Any action by Seller or Broker to enforce any rights provided under this agreement shall include all costs of collection and reasonable attorney’s fees. Purchaser(s) agree that the Chancery Court for Pickett County, Tennessee, or the General Sessions Court for Pickett County, Tennessee, depending on the subject matter of the lawsuit, shall be the venue for any action related to this sale. The laws of the State of Tennessee shall apply. Information contained herein believed to be correct but not guaranteed. Announcements made day of auction or published / distributed on the Internet prior to the stated online auction ending time take precedence over previously published material and oral statements. Amonett's Eagle Auction & Realty, LLC, it's Agents and Staff are eligible Bidders and subject to registration, terms and conditions.
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 Ten Percent Buyers Premium
Payment Terms
Payment: Cash, check or wire transfer ($25 fee on all wire transfers)
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