Auction  Details

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Auction Dates

Starts: Sun, Aug 21, 2016 6:00PM

Ends: Mon, Aug 22, 2016 6:00AM

Description

ABSOLUTE AUCTION

Estate Of The Late Jack McKinney

 

Jonquilawn Subdivision

 

3 Building Lots/Homesites In Jonquilawn Subdivision

Located On The Corner Of Martin Circle & Lone Oak Road

 

Attention: Homebuilders-Developers & Investors * Buy Separate or Combined

All Sells To The High Bidder Regardless Of The Amount!

 

  • Lots Are Adjoining
    • All Utilities Available
    • Attractive Subdivision In Lone Oak Ky.
    • Jonquilawn Subdivision Restrictions In Place
    • Zoned R-1

 

 

When: Thursday, August 21st @ 6:00 PM

Where: 91, 93, & 95 Martin Circle Paducah, Ky. 42003 (Across from McDonald’s Restaurant on Lone Oak Rd. Hwy 45.)

Held on site rain or shine!

 

Directions: From I-24 Exit 7 (Lourdes Hospital Exit) take Hwy 45 South (Lone Oak Rd.) 0.4 miles turning right on Martin Circle arriving at lots on corner. Signs posted.

 

Jonquilawn plat descriptions are lots 15, 16, & 17 in block G.

 

  1. Lot #15: Address of this lot is 91 Martin Circle. Lot size is approximately +/-100’ x +/-156’.
  2. Lot #16: Address of this lot is 93 Martin Circle. Lot size is approximately +/-100’ x +/-155’.
  3. Lot #17: Address of this lot is 95 Martin Circle. Lot size is approximately

+/-135’ x +/-154’. This is the Lone Oak Rd. & Martin Circle corner lot.

 

Don’t miss this opportunity to buy at your price! Buy one, two or all three!

 

 

Terms of Auction:

 

Real Estate: 20% good faith deposit due day of sale. Balance due in 30 days. 10% buyer premium added to final bid and included in the total contract price. Bank letter of credit required if unknown by Auction Co. Bidders are responsible for their own inspections and verifications either before or during day of auction. Announcements day of auction will take precedence over any previous marketing; either written or oral.

Procedure: Initial procedure determined by auctioneer. 2 arenas are possible so bring a friend and a chair.

Title: Fee Simple Absolute title delivered.

Deed: Seller will provide a General Warranty or Special Warranty Deed.

Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.

Possession: Possession given at closing.

Restrictions: Any recorded restrictions (if any) and zoning regulations apply.

Easements: Sale of property is subject to any and all easements of record.

Absence of Warranties & Disclaimer: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, and no warranty or representation, either express or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Errors and/or omissions are assumed by the seller or the Auction Company. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER IS NOT RESPONSIBLE FOR ACCIDENTS.

Auctioneer’s Note: Auction held on site, rain or shine.

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