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PLEASE REVIEW ALL DOCUMENTS IN THE DOCUMENTS TAB PRIOR TO BIDDING.
PARCEL 11: 1.015 ACRES: 116 Lee Rd, Vine Grove, KY 40175. Seller will escrow funds needed to engineer and install a main waterline approximately 1800 feet along Lee Road beginning at the intersection of Highway 1882. All lot buyers (Lots 2 thru 23) will pay a $1500 waterline fee per lot in addition to the purchase price at closing. These funds will be held in Barr Realty & Auction Co., Inc. escrow account and distributed to subcontractors as work is completed. The dollar amount to be withheld from the seller at closing and held in escrow will be twice the estimated amount, less the $33,000, which will be collected from the lot buyers. The timetable for installing the new main waterline will be determined by the installation contractor. The seller, brokers, or auctioneers do not guarantee a date that the waterline will be available for connection to parcels that front Lee Road. Buyer(s) are aware that the real estate is subject to the notes of the two record plats of Plat Cabinet 8, Slides 228 & 229, of record in the office of the Meade County Clerk. All parcels are zoned R-1 Residential. The 2026 real estate taxes will be paid by the buyers. $30.00 per parcel will be collected from the buyer at closing in order to pay the 2026 taxes. The amount collected is an estimate; any excess funds will be donated to the Meade County Sheriff's Department for the purchase of safety equipment. The Property tax funds will be held in the general office account of Barr Realty & Auction Co. Inc and paid in November of 2026. Preliminary septic site tests have been performed on all parcels. Due to the unknown number of bedrooms for a home and the location of home desired by the buyer, the Sellers, Brokers, Agents or Auctioneers do not guarantee that septic permits will be issued for this real estate. Access to this Parcel is from Lee Road. It is highly recommended that the new landowners duly apply for driveway entrance permits immediately after receiving deed to real estate, since rules and regulations may/can change in the future. The Sellers, Brokers or Auctioneers do not guarantee that driveway entrance permits will be issued for this Real Estate. It will be the buyer’s responsibility to obtain an entrance permit for this Parcel from the Meade County Road Department. Subject to two right-of-way easements to the Meade County Water District, of record in Deed Book 397, Pages 468 and 469, in the office of the Meade County Clerk. This real estate is being sold subject to Meade County Planning and Zoning rules, mandates, and regulations. This real estate is being sold subject to Meade County Planning and Zoning rules, mandates, and regulations.
ESTATE SETTLEMENT AUCTION
ONLINE BIDDING ONLY ENDS
THURS., FEB. 5TH @ 4:00 PM EST
LOCATED IN MEADE COUNTY at 785 Fort Ave, Vine Grove, KY 40175. From Hwy 313, take Hwy 60 east 3 1⁄2 miles to Fort Ave (Hwy 1882), turn right and continue ¾ mile to the property. (signs posted)
BARR REALTY & AUCTION CO., INC. has been selected by Lisa Witten-Gibson, 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.
53 ACRES
Selling in Parcels
1 ACRE HOME SITES
9 ACRE AG TRACTS
Going on the auction block, selling by online bidding only, will be 53 acres of crop and open land with paved road frontage on Fort Avenue and Lee Road. These 22 vacant land parcels will have multiple home sites and agricultural tracts ranging from 0.939 acres to 9.392 in size. This real estate is in a great location and will have electric and county water available. The land is zoned R-1 Residential.
The Gail Witten Estate
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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.
