Absolute Auction of House & Lot – Car Lot And Acreages
Saturday, September 4th at 10:30 a.m.
309 US Highway 27 Whitley City, Kentucky 42653
Tract #1 - House & Acre Lot - Currently rented, this vinyl house and lot (.43 acres) would make an excellent addition to your rental inventory. It is conveniently located on Highway 27 in Whitley City.
Tract #2 is wooded acreage located behind Tract #1 and is located just off Hwy 27 on Taylor Road. This property measures the perfect size of approximately 4.82 acres and would be an ideal site for home placement.
Tract #3 fronts Hwy. 27 and is a gravel lot that has been most recently used as a car lot but would also be an excellent site for future commercial endeavors. This tract measures between 1/3 and ½ acres approximately.
Tract #4 also fronts Hwy. 27 and consists of approximately 6.11 acres. There is a fenced gravel lot that was utilized as a car lot with wooded acreage in the back. Also has commercial potential with spots for home placement.
Tract #5 is the rights to a contract for a deed. The balance on the note for this month is $9,030.44 and next month’s balance will be $8,568.70. This note carried a rate of interest of 5% per annum.
AUCTIONEERS NOTE: Commercial ventures – rental income potential – and investments are all scenarios in this real estate auction in Whitley City. Join us on the morning of September 4th to place your bids!
TERMS: 20% down the day of the auction with the balance due in full within 30 days.
NOTE: There will be a 10% buyer’s premium added to the last bid to determine the final sales price.
Note: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead-based paint. The inspection period is August 25th, 2021 through Saturday 3rd, 2021. The successful bidder must sign a waiver of the 10-day post-inspection period.
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.
Announcements made the day of the auction take precedence over printed matter.
For additional information contact the auctioneers at 606-679-2212.
NOTE: There will be a 10% buyer’s premium added to the last bid to determine the final sales price.
Note: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead-based paint. The inspection period is August 25th, 2021 through Saturday 3rd, 2021. The successful bidder must sign a waiver of the 10-day post-inspection period.
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.
Announcements made the day of the auction take precedence over printed matter.
For additional information contact the auctioneers at 606-679-2212.