Absolute Auction of
Ms. Lorine Coulter’s
House & 28.5 Acres More or Less In Tracts
Saturday, April 20th, 2013 @ 10:00 A.M.
6350 Alum Springs Road (Hwy 300)
Danville, Kentucky
Directions: From the intersection of Hwy 127 & Hwy 150 in Danville, follow Hwy 150 West 1.6 miles to Hwy 34 West. Turn left onto Hwy 34 west & proceed 5.5 miles to Hwy 300 (Alum Springs Road). Turn left onto Hwy 300 & proceed 3/10 mile to auction site, located on right. Auction signs are posted.
Ms. Coulter is relocating and has authorized our firm to sell the pictured house and 25 acres more or less in tracts for the absolute high dollar.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
Tract # 1 – This 2 story vinyl, sided home contains approximately 2,561 sq. ft. of living area and features a living room & dining room combination, eat-in kitchen, den, storage room, bedroom & bath on the first floor and three bedrooms, recreational room, office and a bath on the second floor. Other amenities include: one-car attached garage, heat pump, central air, butane gas stove & electric / butane gas hot water baseboard heat for back-up, wall heaters upstairs, oak kitchen cabinets, laminate and carpet flooring, large rear deck, covered front porch, city water, KU electric and septic system. Other improvements include: 16 x 18 wood storage building, 14 x 18 vinyl sided storage building, 30 x 60 barn, and a 20 x 55 covered shelter situated on 2.2 acres +/-.
Tract # 2 – Contains 26.352 acres more or less and has 93.5 feet of blacktop road frontage along Alum Springs Road. Mostly wooded with some possible timber.City water and KU electric are available.
TERMS: 20% down the day of the auction with the balance due in full within 30 days.
NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property for the presence of lead-based paint. The period for inspection begins April 10th through April 19th. The successful bidder must sign a waiver of the 10-day post sale inspection period.
NOTE: The survey for the property was pending! A copy of the plat is now posted!
Auctioneer’s Note: If you’re looking for a spacious home and/or acreage or simply an investment opportunity, located in the Parksville area and only minutes from Wal-Mart, Lowes & downtown Danville, then be sure to attend this Absolute Auction Saturday, April 20th, 2013 @ 10:00 A.M.
Preview Dates: Wednesday, April 3rd 1:00 - 3:00 p.m., Thursday, April 11th from 1:00 - 3:00 and Thursday, April 18th 12:00 – 2:00 p. m.
For more information, please contact the auctioneer.
Jeff Cromer, 1-800-435-5454
MS. LORINE COULTER’S<br>
HOUSE & 25 ACRES MORE OR LESS IN TRACTS <br>
SATURDAY, APRIL 20TH, 2013 @ 10:00 A.M. <br>
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On behalf of Ms. Coulter and Ford Brothers, Inc., we would like to thank you for coming and welcome you to the auction. Listed below are the terms and conditions which must be complied with in order to bid on the property.<br>
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1).This property is being sold in its “AS IS, WHERE IS” condition. Any announcement made at the auction will supersede any information contained herein or in any advertisement.<br>
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2). All information in the brochure is strictly for sales purposes. The purchasers are encouraged to inspect the property to their satisfaction before bidding. <br>
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3). The property is selling free and clear of all liens and encumbrances except restrictions, easements of record, and further provisions the purchaser is made aware of through this terms document. <br>
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4). Upon completion of the auction, the purchaser will need to sign all of the necessary documents and contracts. A non-refundable deposit in the form of cash, cashier’s check or a personal check, if known by the auctioneers, on the property must also be tendered. The deposit will be held in escrow pending closing. The deposit shall not be less than 20% of the purchase price and shall be paid today with the balance being due within 30 days (on or before May 20th by 5:00 p.m.)<br>
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5). The seller shall be responsible for all transfer taxes and deed preparation fees. The buyer shall be responsible for ordering and purchasing his/her own title search, for recording his/her deed, and any other closing costs involved in completing the sale. Title insurance can be obtained at the purchaser’s expense.<br>
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6). The 2013 property taxes shall be prorated.<br>
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7). Possession of the property will be given 30 days from the delivery of the deed. The house will be open for your inspection on the following dates: <br>
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Wednesday, April 3rd 1:00 p.m. – 3:00 p.m.,<br>
Thursday, April 11th 1:00 p.m. – 3:00 p.m.<br>
Thursday, April 18th 12:00 p.m. (noon) – 2:00 p.m.<br>
Saturday, April 20th at 9:00 a.m. <br>
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8). Bidding – Bidding will be done by number and all bidding is open to the public. Representatives of Ford Brothers, Inc. will be available to take your bids or you can bid directly to the Auctioneer. Any individual family member or any staff member of Ford Brothers, Inc. is permitted to bid as long as they comply with the terms of the auction.<br>
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9.) This will be a multi-parcel auction giving each and every prospective purchaser the ability to purchase any and all tracts. <br>
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Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The properties are selling in their ‘as-is’ condition with no warranties expressed or implied. <br>
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Announcements the day of the sale take precedence over printed matter. <br>
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We trust that you will have an enjoyable day with us. If you have any questions or need any assistance, please do not hesitate to talk to any of our staff on the premises.
Overview
Under Contract: Yes