ABSOLUTE LIVE/ONLINE AUCTION
HOUSE & 33.5 ACRES IN TRACTS & PERSONAL PROPERTY
SATURDAY, NOVEMBER 14TH @ 10:30 A.M.
3996 HWY 3245, BRODHEAD, KY
In order to settle the estate of Mr. Leonard McClure, our firm has been authorized to offer the following real estate and personal property at public auction.
TRACT 1 – 2.871 acres and is improved with a basement house featuring 3 bedrooms, 1 bath, living room and kitchen. The house also has a covered porch, wood burning stove, mini-split heating & cooling system. This tract also has city water, septic system, approx. 425’ of blacktop road frontage along Hwy 3245.
TRACT 2 consists of 4.698 mostly wooded acres with approx. 690’ blacktop road frontage along Hwy 3245. City water and electric available.
TRACT 3 has 3.854 acres of cleared land with approx. 442’ of blacktop road frontage along Hwy 3245. The property also has a 30’ easement across tract 4 for ingress and egress and rear boundary adjoins a creek. City water and electric are available.
TRACT 4 is 1.993 acres and is improved with an unfinished house and pond. It offers approx. 149.6’ of blacktop road frontage along Hwy 3245 and rear boundary adjoins a creek.
TRACT 5 is 2.187 acres with approx. 118.62’ of blacktop road frontage along Hwy 3245. 30’ easement across tract 4 for ingress and egress and rear boundary adjoins a creek. City water and electric are available.
TRACT 6 consists of 17.939 acres and is improved with a barn, creek runs through the property and city water and electric are available.
PERSONAL PROPERTY includes (LIVE ONLY):
Couch, recliner, coffee table, chairs, chest, dresser, beds, table and chairs, glassware, framed pictures and much more.
AUCTIONEER’S NOTE: Opportunities to purchase real estate in this area do not come along often. Whether you are searching for a home, building site, recreational or hunting land, additional acreage or investment opportunity, this auction offers something for you. Mark your calendar and make plans to attend this absolute auction on Saturday, November 14th at 10:30 a.m.
PREVIEW: Friday, November 6th from 1-3 p.m.
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 November 4th through November 13th. The successful bidder must sign a waiver of the 10-day inspection period.
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: 10% down due day of sale, with balance in 45 days with deed. Online winner: 10% down due within 48 hours of close of bidding, with balance in 45 days with deed.
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 property is selling in its ‘as-is’ condition with no warranties expressed or implied.
Jeff Cromer, 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.