PLEASE REVIEW ALL DOCUMENT IN THE DOCUMENTS TAB PRIOR TO BIDDING.
CLICK HERE TO VIEW A VIRTUAL TOUR OF THE HOME.
CLICK HERE TO VIEW A DRONE VIDEO OF THE PROPERTY
REAL ESTATE: Going on the auction block, selling by online bidding only, will be a five bedroom, three bath, one and half story, log home built in 1999 with approximately 2,325 square feet (Per the PVA). The main level of the home consists of a great room with cathedral ceiling and exposed wooden beams, kitchen/dining combo, large primary bedroom with en suite bathroom and walk-in closet , two additional bedrooms and a main full bathroom. Flooring of the main level is primarily hardwood with carpet in the bedrooms and tile in the main bathroom. The open staircase leads to the upper level that consists of two bedrooms and a full bathroom. The basement includes a utility room, mud room, large storage area and a two car attached garage. The home is heated with a natural gas furnace and cooled with central air conditioning. Additional improvements include a large covered back deck, asphalt driveway, concrete front sidewalk, mature shade trees, a spacious front yard and city utilities. The home and improvements are situated on approx. 1.26 acres that fronts Hillcrest Drive and hole number two fairway of River Trace Golf course. Selling subject to the Plat and Plan of Hillcrest Greens of record in Plat Cabinet 5, Sheet 120, in the office of the Meade County Clerk. Selling subject to a right of way in favor of Louisville Gas and Electric Company from Olin Corporation f/k/a Olin Mathieson Chemical Corporation of record in Deed Book 330, Page 083, in the office of the Meade County Clerk. May be subject to an Oil and Gas Lease in favor of Mercury Exploration Company and Olin Corporation of record in Deed Book 383, Page 333, in the office of the Meade County Clerk. This Lease was then assigned in Deed Book 464, Page 087, and Deed Book 533, Page 074, both in the office of the Meade County Clerk. The front door of the home is damaged and in need of repair. There are existing holes in the drywall of the home. The exterior of the home has existing wood bee and wood pecker damage. There are areas of the guttering of the home that are in need of repair. This real estate is being sold subject to Meade County and City of Brandenburg Planning and Zoning rules, mandates and regulations. There are appliances in the home that are selling separately from the real estate. If you are the winning bidder of the home and you are interested in the appliances that are selling, click HERE to bid on those appliances.
ESTATE SETTLEMENT AUCTION
LOG HOME - BASEMENT - 1.2 ACRES
ONLINE ONLY BIDDING ENDS
TUES., OCT. 6TH @ 4:00 PM EDT
ADDRESS: Located in Meade County at 580 Hillcrest Drive, Brandenburg, KY 40108
INSPECTION/OPEN HOUSE: Wednesday, September 30th from 4:00 to 6:00 PM EDT and Tuesday, October 6th from 12:00 to 4:00 PM EDT
BARR BROTHERS REALTY & AUCTION, LLC, Auctioneers Stephen Barr, Jamie Barr, Chris Barr, Evan Barr, Eric Barr, App. Jacob Henning, and App. Hunter Barr; and STONEGATE REALTY, Amy Chism, Principal Broker, have been selected by the Peggy Sue Higbee Estate, Kayla Marie, Higbee, Executrix, to conduct this online estate settlement auction.
REAL ESTATE: Going on the auction block, selling by online bidding only, will be a five bedroom, three bath, one and half story, log home built in 1999 with approximately 2,325 square feet (Per the PVA). The main level of the home consists of a great room with cathedral ceiling and exposed wooden beams, kitchen/dining combo, large primary bedroom with en suite bathroom and walk-in closet , two additional bedrooms and a main full bathroom. Flooring of the main level is primarily hardwood with carpet in the bedrooms and tile in the main bathroom. The open staircase leads to the upper level that consists of two bedrooms and a full bathroom. The basement includes a utility room, mud room, large storage area and a two car attached garage. The home is heated with a natural gas furnace and cooled with central air conditioning. Additional improvements include a large covered back deck, asphalt driveway, concrete front sidewalk, mature shade trees, a spacious front yard and city utilities. The home and improvements are situated on approx. 1.26 acres that fronts Hillcrest Drive and hole number two fairway of River Trace Golf course.
Peggy Sue Higbee Estate
CLICK HERE TO VIEW A DRONE VIDEO OF THE PROPERTY
REAL ESTATE TERMS & CONDITIONS: A $40,000 deposit will be required within 48 hours of the auction ending time. Deposit to be made in the form of cash, cashier’s check, personal check with up-to-date bank letter guaranteeing funds, or wire transfer. Balance due by November 13, 2026. POSSESSION: Date of new deed transfer only. TAXES: 2026 county and city real estate taxes shall be prorated. Other online bidding terms apply. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed 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 inspect prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents. 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 Brothers Realty & Auction, LLC within Forty-Eight (48) hours. Successful Bidders will make their deposits in the form of cash, cashier’s check, or wire transfer with Barr Brothers Realty & Auction, LLC 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 72 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 Brothers Realty & Auction, LLC 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 Brothers Realty & Auction, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the Company providing the software nor Barr Brothers Realty & Auction, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason. 9. Barr Brothers Realty & Auction, LLC 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 Brothers Realty & Auction, LLC will reject the registration and bidding activity will be terminated. 10. Barr Brothers Realty & Auction, LLC 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 Brothers Realty & Auction, LLC 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 Brothers Realty & Auction, LLC representative may reopen the bidding at their sole discretion. 12. Barr Brothers Realty & Auction, LLC 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 Brothers Realty & Auction, LLC 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 Brothers Realty & Auction, LLC 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. 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 Brothers Realty & Auction, LLC 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.
