Absolute Doubleheader Auction of James Earl Hammon's House & Lot & 2 Commercial Lots

by Ford Brothers, Inc.

When

August 11, 2018

Where

170 Maple St., & Hwy 150 Mt. Vernon, KY

How

Live / Online

Notes

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ABSOLUTE DOUBLEHEADER ESTATE AUCTION

of

The Late Mr. & Mrs. James Earl Hammons’

House & Lot

2 Commercial Lots

Saturday, August 11th



Auction 1-Live On-Site: 10:30 a.m.

House & Lot – 170 Maple St., Mt. Vernon, KY


DIRECTIONS: Turn off Hwy 25/Richmond St. near Rockcastle Health Department onto Maple St. Proceed to auction site.  Auction signs are posted.


This house has formal living room, formal dining room, master bedroom & bath, compact kitchen and breakfast nook, 2 additional bedrooms & 1-1/2 additional baths, den, exercise room and more.  It has central heat & air, shingle roof, built-in cabinets w/ stove and oven. There are Thermopane windows in most of the house and a large portion of the house has hardwood floors under carpeted areas.The house is in one of the most convenient areas of town and has a nice flat lot w/ several mature trees.  The lot measures 250 ft. along Maple St. x 272 x 218 x 89 x 205.  It also has city water & sewer and cable & phone service available.


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 inspection begins August 1st through August 10th. The successful bidder must sign a waiver of the 10-day post sale inspection period.


Auctioneer’s Note: If you are looking for a nice home in town close to everything, mark your calendar now to attend this absolute auction on Saturday, August 11th @ 10:30 a.m. For an appointment to view the property, please call Ford Brothers at 606-256-4545.



Auction 2- Online Only ending at approx. 11:30 a.m.

2 Commercial lots – Hwy 150, Mt. Vernon, KY


Tract 1 measures approx. 150’ along Hwy 150 & is 200’ deep on the west side, 150’ along the rear and 196.76’ deep on east side.  This ideally located commercial lot is on one of the highest traffic area roads.


Tract 2 has 148’ of frontage along Hwy 150 & is 196.76’ deep on the west side, 156.40’ across the rear, and 193.40’ on east side.  This lot is adjacent to tract 1 and would make a good commercial location, as well. 


Auctioneer’s Note: Here is an opportunity for you to purchase a commercial property to build your business at your own price.  These tracts are being offered individual ly or combined, whichever you prefer.  When combined, there is a total of 298.4’ of frontage along Hwy 150. Also has city water and sewer available.


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.



BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price. 


TERMS: All properties in both auctions will require a 20% deposit down, with balance due in 30 days with delivery of deed.


Announcements made day of sale take precedence over printed material.


Danny Ford, Auctioneer
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.

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price.

TERMS: All properties in both auctions will require a 20% deposit down, with balance due in 30 days with delivery of deed.

Conducted By

Ford Brothers, Inc.

Somerset:(606)-679-2212<p>London:(606)-878-7111

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