PLEASE VIEW ALL DOCUMENTS IN THE DOCUMENTS TAB PRIOR TO BIDDING
ATTENTION: Bidding on all Parcels will remain open until bidding on all Parcels has stopped.
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Being Tract 8 of Owl Creek Agricultural Division and with an address of 120 Owl Creek Dr., Vine Grove, KY 40175. This mostly open acreage fronts Owl Creek Drive and has 26 ft. x 60 ft. shop building and pond. County water is available. This real estate is being sold subject to Meade County Planning & Zoning rules, regulations and mandates. This real estate is zoned R1. Auction Parcels 1, 2, 12 and 13 can only be used for Agricultural purposes as defined in KRS 100.111(2). If any future subdivision development (subdivision as defined by KRS 100.111 (22) on tracts 6, 7, 8 and 9 either individually or combined, then those individual tracts or combination of tracts must meet the zoning restrictions and or subdivision restrictions at the time of that development. Auction Parcels 1, 2, 12 and 13 are not subject to the Declarations of Covenants, Conditions and Restrictions of Owl Creek Estates, Section 2, recorded in Miscellaneous Book 10, Page 592, in the office of the Meade County Clerk. The parcels may be individually or collectively subject to the notes of the record plats of Owl Creek Estates, Section 2, Minor Plat Owl Creek and Agricultural Division Owl Creek. The Real Estate is subject to any utility easements and ingress and egress right-of-way easements as shown on
the survey plats. Auction Parcels 1, 2, 12 and 13 will each be subject to and transferred a 30 ft. ingress/egress easements and private or public utility easements that will be described in the deeds. A portion of the division line between Auction Parcels 1 and 2 extends through an existing pond/lake.
Auction Parcels 2, 7 and 13 are selling subject to a public and/or private utility and waterline easement for the use of Auction Parcels 1, 2, 12 and 13. The barns, garage, shop building and outbuildings located on Auction Parcels 1 and 2 are in need of repairs.
ESTATE SETTLEMENT AUCTION
ONLINE BIDDING ONLY ENDS
TUES., DEC. 9TH @ 4:00 PM EST
LOCATED IN MEADE COUNTY in the Flaherty Community at 108 Owl Creek Drive, Vine Grove, KY 40175. From the intersection of Highway 60 and Highway 313, take Highway 313 east 6 miles to Owl Creek Drive on the left. (signs posted)
BARR REALTY & AUCTION CO., INC. has been selected by Debra A. Johns, Executrix, to conduct this online estate auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Evan Barr, Eric Barr, and Apprentice Jacob Henning with offices in Hardinsburg and Brandenburg, KY.
HOME - BARNS - LAKE - 58 ACRES
Selling in Parcels
Going on the auction block, selling by online bidding only, will be 58 acres, with a stately two story home, multiple barns, outbuildings, cropland, building lots, county water, and paved road frontage. The home parcel totals 5 acres. The home has two stories with double covered front porches. The lower level has a primary bedroom and bathroom and additional bedroom, bathroom, kitchen, living room. There are two stairways to the second level which houses four bedrooms. Other amenities include updated central air, gas furnace, original wooden floors, and gas log fireplace. Outside you will find a covered patio, sidewalks, shade trees, landscaping, a 30 ft. x 50 ft. barn, 56 ft. x 80 ft. barn, 22 ft. x 22 ft. garage, 26 ft. x 60 ft. building, 18 ft. x 30 ft. shed, nice lake and more. The 9 building site parcels range in size from 9/10 acre to 1.2 acres each. There are 4 parcels of 5 acres, 17 acres, and 18 acres each. Rarely is this type of land available in the Flaherty Community. Do not miss out on this opportunity.
6 ACRES - CUSTER AREA
LOCATED IN BRECKINRIDGE COUNTY at 45 H Board Lane, Custer, KY 40115. From Highway 86 at Custer, take Highway 690 3 1⁄2 miles to property at the corner off H Board Lane. (signs posted)
Going on the auction block, selling by online bidding only, will be 6.5 acres nearly all wooded land. It is known as Lots 1 and 2 of the Thomas E. Shultz and Sandy Shultz farm. Lot 1 consists of 3.459 acres and Lot 2 is 3.114 acres. They will be sold as one parcel. There is road frontage on Highway 690 and H. Board Lane.
The Jack and Charlotte Utley Heirs, Owners
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TERMS & CONDITIONS: REAL ESTATE:
1. Real Estate Terms and Conditions:
NOTE: If you require any type of government guaranteed loan such as VA, FHA, RHS or KY Housing Corporation, PLEASE DO NOT BID! There are no financing contingencies for homes sold at auction. If you are obtaining financing it is recommended that you use a conventional type loan only. You should speak with your loan officer prior to bidding to ensure that the financing can be completed within the allowed time frame and according to the terms and conditions as shown on the purchase contract agreement and addendum.
2. This online only auction is a cash sale not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate.
3. A Buyer’s Premium of 10% is added to the high bid. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Barr Realty & Auction Co., Inc. within Forty-Eight (48) hours. Successful Bidders will make their deposits in the form of cash, cashier’s check, or wire transfer with Barr Realty & Auction Co., Inc. within Forty-Eight (48) hours of the completion of the auction.
4. Purchaser will be responsible for all wire transfers.
5. Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing. Any closing fees charged by the buyer(s) lender or closing attorney will be a buyer(s) expense.
6. Successful Bidders not executing and returning their Contract with Earnest Money deposit within 48 hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could be additionally liable for any and all costs incurred by Seller and Barr Realty & Auction Co., Inc. incurred in a subsequent resale of the property.
7. Buyer(s) must be prepared to make a cash offer. There are no contingencies to this sale (i.e. financing, appraisal, repairs or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. This property is being sold for cash “as is, where is.” with a closing deadline.
8. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Barr Realty & Auction Co., Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the Company providing the software nor Barr Realty & Auction Co., Inc. shall be held responsible for a missed bid or the failure of the software to function properly for any reason.
9. Barr Realty & Auction Co., Inc. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional and if complete verification is not possible, Barr Realty & Auction Co., Inc. will reject the registration and bidding activity will be terminated.
10. Barr Realty & Auction Co., Inc. will make its best efforts to accept and submit your bids. However, due to possible equipment malfunctions, lapsed time due to internet connections or bidders not acting quickly enough we do not guarantee that a bid will be received and/or accepted. It is of no benefit to wait to the last second to submit a bid. In the event bidding is active the auto extend feature will automatically extend the time unless we inform you otherwise. It is for this reason that we highly recommend that you submit any and all bids as quickly as you can to ensure that it is received/accepted.
11. Auctioneers and/or a Barr Realty & Auction Company, Inc. representative have the option of reopening the bidding for any item if they deem a computer or electronic malfunction prevented a potential or existing bidder from placing bids. Even though a bidding time may have ended and the computer screen may show the bidding is CLOSED. The auctioneers and/or a Barr Realty & Auction Company, Inc. representative may reopen the bidding at their sole discretion.
12. Barr Realty & Auction Company reserves the right to change a bidder’s user name and/or password at any time for any reason.
13. Buyer acknowledges they are buying property “as is, where is”, without inspections or contingencies, Buyer(s) will rely on his/her own judgment and inspection.
14. Barr Realty & Auction Co., Inc. and their representatives are Exclusive Agents of the Seller(s).
15. Real Estate is sold subject to any and all existing matters of record and all easements building use or zoning laws and regulations.
16. All Barr Realty & Auction Co., Inc. Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes from the time the bid is placed. Example: If an auction scheduled to end at 12:00 p.m. receives a bid at 11:59 a.m., the close time of the auction automatically extends to 12:04 p.m. The auto-extend feature remains active until no further bids are received within the 5 minute time frame. Auto extend all extend feature.
17. IMPORTANT NOTICE: Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.
18. When using the website you must obey any and all local state and federal laws. Violations will result in termination of website use privileges.
19. Auction company employees and/or auction company may bid on auction items.
20. We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence. All property sold “as is where is” condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All instant announcements from the auction company take precedence over any printed material or any oral statements made. Not responsible for accidents.
21. This is a binding agreement upon the buyer. If the buyer defaults on this agreement, the real estate can be sold again. The buyer will be responsible for paying the monetary difference between the selling prices and all expenses incurred in the resale including but not limited to advertising, promotion, sales fees, closing fees, buyers premiums, attorney fees and court costs.
22. Any and all bidders acknowledge, agree, and accept that Barr Realty & Auction Co., Inc. reserves the right to disclose or not to disclose, at their discretion, the identity of any bidders to other bidders after the completion of any auction.
