Tract 2

Lot Number:2
Completed
Start Time:5/2/2023 11:00:00 PM
End Time:5/3/2023 2:00:00 AM
Bid Count:0
Winning Bidder:
Starting Bid:$1.00/Acre
Bid Increment:$1,000.00
Current Bid:$0.00/Acre x 8.2 Acres
8.2 Acres
No donations for this lot

170 ACRES IN 20 TRACTS & COMBINATIONS!

 

Tract 1: Homeplace on 3.47 Acres

Tract 2: 8.20 Acres with Commercial Potential

Tract 3: 11.08 Acres with Commercial Potential on HWY 121

Tract 4: 4.31 Acres with Barns & Well

Tract 5: 9.13 Acres w/ Lake

Tract 6: 12.92 Acres

Tract 7: 13.22 Acres

Tract 8: 14.14 Acres

Tract 9: 15.09 Acres

Tract 10: 10.60 Acres

Tract 11: 7.31 Acres

Tract 12: 6.77 Acres

Tract 13: 7.70 Acres

Tract 14: 10.54 Acres

Tract 15: 5.00 Acres w/ Woods & Tillable Farmland

Tract 16: 6.72 Acres

Tract 17: 8.61 Acres w/ Mobile Home Lot Rental

Tract 18: 8.52 Acres w/ Tillable & Timber Land

Tract 19: 6.42 Acres with Timber, Hunting w/ Easement Access to Jimtown Road

Tract 20: 0.67 Acres (2345 Jimtown Road) Aluminum sided 1,215 sq. ft home with 1,215 sq. ft. basement. The home
has Central Heat & Air.

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in multiple tracts.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2023 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by a new survey. Buyer is responsible for 50% of the cost.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

3855 State Route 45 N
Mayfield, Kentucky 42066
United States