August 26, 2017 Saturday, August 26, 2017 - 10:30 a.m. Eastern
Gilliam Estate Hwy 638 / McWhorter Road and Delmas Gilliam Road London, KY
Live / Online
Absolute Estate Auction
2 Houses, Barn, 6.5 Acres (Offered in 6 tracts), Vehicle and Personal Property
Saturday, August 26, 2017 - 10:30 a.m.
Hwy 638 / McWhorter Road and Delmas Gilliam Road, London, KY
Live On-Site Auction
DIRECTIONS: From I-75 Exit 41 in London, KY, follow Hwy 80 East 1/2 mile and continue straight onto Hal Rogers Parkway for 2.2 miles and turn left/East onto Hwy 638/McWhorter Road. Proceed 6/10 mile to the property on left. Auction signs are posted.
REAL ESTATE: This beautiful property features two houses, barn and a storage building. It measures 6.51 acres and has hundreds of feet of road frontage on both Highway 638 and Delmas Gilliam Road. It is located just a short drive from downtown London and I-75. It will be offered in 6 tracts individually and in combinations at Multi Par Auction. Tract descriptions are as follows:
Tract #1 - 1/2 acre with 131 feet frontage on Hwy 638 and 322 feet of frontage on Delmas Gilliam Road. It is improved by a traditional style, 1.5 story house and a storage shed. The house features a kitchen, dining area, 2 bedrooms, full bathroom and living room on the 1st floor. The second floor contains 2 bedrooms. The list of amenities include a full, unfinished basement, washer/dryer hookup, wrap around porch, electric heat pump, covered porch, 2 car attached garage and a large pantry. This house could provide exceptional country living with a little work.
Tract #2 - 1.16 acres with 316 feet of frontage on Delmas Gilliam Road - excellent home site.
Tract #3 - 1.11 acres with 162 feet of frontage on Highway 638. Great home site.
Tract #4 - 1.2 acres with 150 feet of frontage on Highway 638. Another great home site.
Tract #5 - 0.95 acre with 310 feet of frontage on Delmas Gilliam Road, barn and mobile home hookup.
Tract #6 - 1.51 acres with 484 feet of frontage on Delmas Gilliam Road. It is improved by a traditional style 1.5 story house with 3 bedrooms, bathroom, living room, and kitchen on first floor. The second floor has a large bedroom. This house also features a covered front porch, partial cellar type basement, washer/dryer hookup and covered back porch.
PERSONAL PROPERTY: The list of personal property includes a 1992 Toyota Pickup Truck (135,890 miles, automatic transmission, 4 cylinder engine, VIN # JT4RN81P2M5092367), hand made quilts, dining room suite with table, chairs, cabinet and buffet; entertainment center cabinet, waterfall front wardrobe, bedroom furniture, wall decor, ringer washer, antique stove, and much more.
TERMS: Real estate - 20% down, balance due in full within 30 days. Personal Property - Payment in full by check, cash, Mastercard or Visa credit cards. All checks drawn on out of state banks must be accompanied by a banker letter of guaranteed payment. Credit card transactions will be assessed a 3% fee.
Buyer's Premium - A 10% Buyer Premium will be added to determine final bid.
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.