Auction  Details

Proven Trust

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Auction Dates

Starts: Tue, Jun 18, 2013 1:30PM

Ends: Wed, Jun 19, 2013 1:30AM

Description

Absolute Auction

+/- 68 Acres & Brick Home * 5 Tracts

14299 Wickliffe Rd., Kevil, Ky. 42053

Attention Investors & Developers * Sportsmen * Home Buyers

Near New McCracken County High School!

+/- 1150 ft. Total Road Frontage * Attractive Home Sites

Hunting Property

When: Tuesday, June 18th @ 6:30 P.M.

Where: Silos Country Club Golf Course located at 11435 Hwy. 286, Kevil, Ky. 42053 located 0.5 miles from property

Property Directions: From Exit 7 Hwy 62 & I-24, take Hwy 62 west 8.4 miles. Continue on Hwy 286 AKA Wickliffe Rd. 2.4 miles arriving at property on left. Signs posted.

Tract Descriptions:

5 Tracts at a Glance:

Tract 1: +/- 53 Acres

Tract 2: +/- 3.4 Acres w/Barn

Tract 3: +/- 4.1 Acres w/Home and Metal Building

Tract 4: +/- 3.4 Acres

Tract 5: +/- 3.4 Acres

Tract 1: This tract contains +/- 53 acres and has the perfect mix of tillable crop ground and woods. This income producing property has a history of excellent hunting for deer and turkey. This tract has numerous attractive home sites.

Tract 2: +/- 235’ of road frontage with +/- 3.4 acres & a +/- 46’6” x +/- 48’ stock/tobacco barn ready for a horse or two.

Tract 3: Consider this 4 bedroom brick home situated on an attractive +/-4.1 acre tract. Downstairs includes 1 +/- 11’ x +/- 15’ bedroom, +/- 14’ x +/- 20’ living room w/fireplace & built in glass front bookshelves. +/- 14’4” x +/- 15’6” separate dining room w/fireplace & built in glass front bookshelves, kitchen (refrigerator & stove excluded), +/- 11’ x +/- 10’ family room, ½ bath, 10’ ceilings, wide moldings, tall baseboards, hardwood floors throughout, large windows, etc, Upstairs includes 3 bedrooms consisting of 1st +/- 9’ x +/- 10’6”, 2nd +/- 16’ x +/- 13’4”, and 3rd +/- 15’6” x +/- 15’6”, full bath w/tub enclosure, hardwood floors throughout, walk in closets, large windows, & dormers w/outstanding 2 story views of the beautiful acreage. Utilities include 200 AMP electrical service, well water, propane gas. Other amenities consist of a drinking water filtration system, water softener, 2 central HVAC split systems, (1 upstairs, 1 downstairs), 50 Gal water heater, large front & back porches, mature trees, circle asphalt drive, concrete sidewalk also pole building with metal siding & roof 37' x 49", 100 amp power with separate meter, gravel floor, 2 enterance doors, sliding doors on each end, 17'6" wide x 12' tall, plus wood burning stove & more!

Tract 4: With +/- 249’ of road frontage this +/- 3.4 acre tract is very desirable!

Tract 5: Consider this +/- 3.4 acre tract mostly tillable with +/- 250’ of road frontage.

Highlights: Not only is this a very attractive home/acreage opportunity, but the proud new owner/s will be within a ½ mile of West Kentucky’s most prestigious golf course Silos Country Club. +/- 10 minutes from Ky. Oaks Mall area and even closer to the new McCracken County High School.

Real Estate Terms of Auction: 20% good faith deposit on individual tracts, 15% good faith deposit on entirety & land combinations, 15% good faith deposit on home by itself. 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 on subject property.

Auctioneer’s Notes: CRP program in place & expires 2013

Procedure: Property will be offered in tracts and combinations totaling +/-68 acres. Initial procedure determined by auctioneer with open bids on individual tracts, tract combinations and property entirety.

Title: Fee Simple Absolute title delivered.

Deed: Seller will provide a General 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: Restrictions of record (if any) will be adhered to. Call auction company for information.

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. No liability for its accuracy, errors or omissions is assumed by the sellers 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 STATEMENTSMADE. AUCTION COMPANY OR OWNER IS NOT RESPONSIBLE FOR ACCIDENTS.

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