Auction  Details

Proven Trust

Proven Experience

Proven Results

Type

Live On-Site Auction

Auction Dates

Starts: Sat, May 20, 2023 10:00AM

Description

ABSOLUTE AUCTION
REFURBISHED 3-BEDROOM HOME * BUILT IN 1988 NEW CABINETS, FLOORING, PAINT & MORE!
LOCATED IN LONE OAK, KY

ATTN: FIRST-TIME HOMEBUYERS & INVESTORS! QUIET NEIGHBORHOOD, ALL UTILITIES!

SELLS TO THE HIGHEST BIDDER/S!

When: Saturday, May 20, 2023 @ 10:00 AM
Where: 510 Leeds Drive, Paducah, KY 42003

Directions: From I-24 Exit 7 & US-45 S/Lone Oak Rd. Intersection head southwest on US-45 S/Lone Oak Rd. +/- 1.2 miles turning left onto KY-1286 S/S Friendship Rd. Continue on S Friendship Rd. +/- 2.0 miles arriving at properties on left. Signs posted.

Auction held on-site rain or shine.

REAL ESTATE:
Grounds Overview: Home is situated on an approximate +/- 0.18-acre hillside lot. Concrete driveway with curbs, wooden steps which access front and rear entrances.
Home Exterior: Vinyl siding, Sun windows, unfinished block masonry exposed foundation, vents, gutters/downspouts, 3-dimensional asphalt/fiberglass composite shingles.
Home Interior Overview: This home contains +/- 960 total sq. ft. of living space making it easier & more affordable to heat & cool. Recently refurbished w/new engineered floating plank flooring throughout, new paint throughout, new kitchen cabinets, exhaust fan, countertops, dishwasher, sink & commodes. Home boasts drywall throughout with 8’ceiling height.
Home Interior Rooms: Family Room +/-17’6” x +/-14’6” w/coat closet, ceiling fan, & 1 window. Kitchen: +/-14’8” x +/-5’5” galley style w/new upper/lower oak cabinets w/raised paneled doors, new Formica countertops, Frigidaire stainless steel radiant cooktop stove w/new vented hood (stays with home), stainless steel double-bay sink, new black Whirlpool dishwasher. Bedroom #1-Master: +/-14’4” x +/-12’ w/large clothes closet, linen closet, ceiling fan, & 1 window. Bathroom #1-Master: +/-8’6” x +/-5’ w/vanity, cabinet, sink, fiberglass shower/tub enclosure, new commode, exhaust fan, & light bar. Bedroom #2-Guest: +/-12’ x +/-8’8” w/clothes closet, ceiling fan, 1 window, & 100 AMP service panel w/circuit breakers. Bedroom #3-Guest: +/-12’ x +/-8’8” w/clothes closet, ceiling fan, & 1 window. Bathroom #2-Guest: +/-8’ x +/-5’ w/vanity, cabinet, sink, fiberglass shower/tub enclosure, new commode, exhaust fan, & light over sink.


Utility Room/Utilities: Utility Room: +/-8’7” x +/-6’5” gas hot water heater (needs to be replaced), washer & dryer space saver hook-up, dryer can be either gas or electric, Goodman HVAC gas package unit, Paducah Power, Atmos Energy, Paducah Water/Sewer.
Portable Building: 10’ x 12’ stays with property


Terms of Auction:
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price. Showings are by appointment only or between the hours of 8:00 A.M.-10:00 A.M. on day of auction.
Procedure: Initial procedure determined by auctioneer.

Title: Fee Simple title delivered.

Deed: Seller will provide a 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 & Disclaimers: 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, no warranty or representation either expressed 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. 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.

Auctioneer’s Note: Auction held on site, rain or shine. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.

New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.

 

Terms & Conditions

Terms of Auction:
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price. Showings are by appointment only or between the hours of 8:00 A.M.-10:00 A.M. on day of auction.
Procedure: Initial procedure determined by auctioneer.

Title: Fee Simple title delivered.

Deed: Seller will provide a 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 & Disclaimers: 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, no warranty or representation either expressed 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. 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.

Auctioneer’s Note: Auction held on site, rain or shine. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.

New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.


 

Directions

Directions: From I-24 Exit 7 & US-45 S/Lone Oak Rd. Intersection head southwest on US-45 S/Lone Oak Rd. +/- 1.2 miles turning left onto KY-1286 S/S Friendship Rd. Continue on S Friendship Rd. +/- 2.0 miles arriving at properties on left. Signs posted.

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