ABSOLUTE ONLINE ONLY AUCTION
56.7 ACRES IN 3 TRACTS
BIDDING ENDS THURSDAY, OCTOBER 23RD @ 6 P.M.
MAPLE GROVE RD., ORLANDO, KY
This 56.7 acre property is being offered in 3 tracts at absolute online auction! The sellers have provided a recent timber cruise making this land an attractive investment as well as a recreational retreat. With abundant wildlife, several potential home sites and over 3,800’ of total road frontage, this property truly has it all. The timber cruise is posted on our auction page.
Located just minutes from I-75, with city water & electric available to each tract, it combines seclusion and investment potential with everyday convenience.
TRACT 1 is 19.763 acres with 624’ of road frontage on Maple Grove Rd. This tract is mostly wooded with rolling terrain and a healthy stand of timber. A couple of natural clearings, including one close to the road, provide ideal home site opportunities while still preserving surrounding trees. A versatile tract for both building and recreation.
TRACT 2 is 24.785 acres with 1,423’ of road frontage on Maple Grove Rd. Rich with mature timber and heavily wooded, this tract is ideal for both timber investment and hunting. Multiple established trails wind throughout, perfect for accessing hunting stands, riding ATVs or hiking. Several scenic building sites make this tract highly flexible.
TRACT 3 is 12.156 acres with 1,787’ of road frontage on Maple Grove & Whistlin Hollow Rd. and offers exceptional access with frontage on the 2 roads. Heavily wooded and private, it’s an excellent hunting parcel and would make a fantastic weekend retreat or cabin site.
Whether you’re searching for a timber investment, prime hunting property, or a private building site, this absolute auction offers it all!
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.
AUCTION PREMIUM: A 10% Auction Premium will be added to the winning bid to determine the final sale price.
TERMS: 20% down due within 48 hours of close of bidding, with balance in 30 days with deed.
Matthew Silcox, Apprentice Auctioneer
Sam Ford, Auctioneer
Auction Premium: There will be a 10% auction premium added to the winning bid. The sum of the winning bid plus the auction premium will be the sales price. Example: Bid Price $100,000 plus $10,000 (10% auction premium) equals purchase price of $110,000.
EARNEST MONEY: 20% of the total sale price due as a non-refundable earnest money at the close of the auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Sales and Purchase Agreement.
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.
This auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Sales and Purchase Agreement.
GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.
REAL ESTATE TAXES AND CLOSING COSTS: All real estate taxes will be prorated for 2025. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.
MULTI-PARCEL "SIMULCAST" LIVE & ONLINE AUCTION INSTRUCTIONS/TERMS:
Ford Brothers, Inc. online auctions are timed events, so time is of the essence. At Ford Brothers multi-parcel auctions, to bid you must proceed to the catalog. Inside the catalog, you will need to bid on individual tracts of property, until combinations have been enabled. If you wish to bid on a combination of tracts, we suggest that you do not bid on individual tracts, because you can be placed in the lead on an individual tract of property at any time during the auction. Please check for announcements and notes from the software auctioneer in charge. There is NOT a max bid feature via the multi-parcel online auction platform. There are lots of announcements and warnings during auction, giving each bidder fair warning the auction will be closing. Please place bids in a timely manner. If you have any questions about bidding in the multi-parcel simulcast format, be sure to give us a call at 606-256-4545.
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc.