ABSOLUTE LIVE/ONLINE AUCTION
96.6 ACRES IN TRACTS
SATURDAY, MARCH 21ST @ 10:30 A.M
373 CALDWELL RD., BRODHEAD, KY
Tract 1 consists of 5.923 acres and improved with a beautiful pond, making it ideal for a homesite, recreational use or small farm. This tract offers 424.39’ of blacktop road frontage along Todd Rd., providing excellent access and visibility. A rare opportunity to own acreage with water in this desirable location.
TRACT 2 contains 1.622 acres and offers 306.46’ of blacktop road frontage along Todd Rd. With generous road frontage and manageable acreage, this tract would make an excellent building site or investment property.
TRACT 3 consists of 1.318 acres with 236.74’ of blacktop road frontage along Todd Rd. This tract provides the perfect balance of space and convenience, making it suitable for residential or recreational use.
TRACT 4 has 1.018 acres and 215’ of blacktop road frontage along Todd Rd. A great opportunity for a homesite with paved road access in a desirable area.
TRACT 5 is a prime corner tract consisting of 1.698 acres. It offers 436.46’ of blacktop road frontage along Todd Rd and an additional 434.18’ along Caldwell Rd. With outstanding visibility and access from two roads, this tract presents exceptional building or investment potential.
TRACT 6 contains 1.147 acres and has 245.32’ of blacktop road frontage along Caldwell Rd. This tract offers paved access and an excellent setting for a residence or small acreage investment.
TRACT 7 is 1.021 acres featuring 142.75’ of blacktop road frontage along Caldwell Rd. A manageable sized tract with paved access, ideal for a building site.
TRACT 8 is 0.953 acres with 147.2’ of blacktop road frontage along Caldwell Rd. This tract provides a convenient location with paved access, perfect for residential or investment use.
TRACT 9 consists of 8.940 acres and has 30’ of blacktop road frontage along Caldwell Rd. With nearly nine acres, this tract offers privacy and versatility for farming, recreation or future development.
TRACT 10 is improved with a farmhouse sitting on 0.793 acre, along with 127.07’ of blacktop road frontage along Caldwell Rd. This tract provides an excellent opportunity for renovation, rental income or a primary residence.
TRACT 11 contains 34.44 acres and has 50’ of blacktop road frontage along Caldwell Rd. With substantial acreage, this tract is ideal for farming, livestock, recreation or long-term investment.
TRACT 12 is 2.965 acres with an impressive 652.36’ of blacktop road frontage along Caldwell Rd.
TRACT 13 has 2.953 acres and features 130.8’ of blacktop road frontage along Caldwell Rd.
TRACT 14 consists of 31.799 acres and has 60’ of blacktop road frontage along Caldwell Rd. Offering substantial acreage, this tract provides excellent potential for farming, recreation or future development.
All tracts have city water.
PREVIEW: Friday, March 13th from 3-6 p.m. & morning of sale beginning at 8 a.m.
AUCTIONEER’S NOTE: This exceptional property will be offered in 14 surveyed tracts, providing outstanding opportunities for homeowners, investors and farmers alike. Seldom does an opportunity like this become available in this area. Whether you’re searching for a building site, a few acres, a working farm or a solid investment opportunity, this property checks every box. Make plans now to attend the preview and be ready to bid at this absolute auction on Saturday, March 21st at 10:30 a.m., offered live onsite and online.
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.
NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property of lead-based paint. The period for inspections begins March 11th through March 20th. The successful bidder must sign a waiver of the 10-day inspection period.
AUCTION PREMIUM: A 10% Auction Premium will be added to the winning bid to determine the final sale price.
TERMS: 20% down due day of sale, with balance in 30 days with deed. Online winner: 20% down due within 48 hours of close of bidding, with balance in 30 days with deed.
Jeff Cromer, 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 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. If you have any questions about bidding in the multi-parcel 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.