Online Only Auction
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Time Remaining: Bidding opens in 11d 15h 24m
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Date(s)
6/13/2024 - 6/27/2024
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Auction Notice:

ONLINE ONLY ABSOLUTE AUCTION


Information
Lot # 3
Group - Category Real Estate - Farm Houses / Country Homes / Acreages
Lead Tract 3 - 2.32 +/- Acres & Farmhouse
Description
Tract 3 - 2.32 +/- acres improved with 2 bedroom 1 bathroom older farmhouse offering 1478 sq. ft. of living space. A 24 X 24 open shelter with concrete floor and storage is also on this tract. Situated in a great location only minutes from Lake Cumberland and Dale Hollow Lake. 332 ft. of road frontage on Cartwright Loop Rd.
Name 250+/- Acre Farm & Home • Personal Property - Cartwright
Auctioneer
Type Online-Only Auction
Date(s) 6/13/2024 - 6/27/2024
Auction Date/Time Info
STARTS: THURSDAY • JUNE 13 • 10 AM ENDS: THURSDAY • JUNE 27 • 10 AM
Preview Date/Time OPEN HOUSE: THURSDAY • JUNE 6 • 4-6 PM
Checkout Date/Time RE: 20% Deposit at conclusion of sale, with balance due in 30 days. PP: Payment & Pickup is shall be SATURDAY JUNE 29 9 AM - 12 NOON at 2867 Cartwright Loop, Albany, KY.
Location
Buyer Premium Ten Percent Buyers Premium
Description
A Residential, Recreational and Agricultural opportunity just off of KY Hwy 90 in Abany, KY! This sprawling 250 +/- acres has 1769 ft. of road frontage on the rapidly growing KY 829 and is improved with an older farmhouse. Admired by many, this farm boasts panoramic views and is a mixture of level to sloping agricultural land that is mostly fenced with an abundance of woodland suitable for recreational activities. The 1.5 story Farmhouse is a 2 bedroom 1 bathroom offering 1478 sq. ft of living space with curb appeal. The property has been recently surveyed with tract sizes ranging from 2.32 +/- ac to 73.23 +/- ac. Located less than 9 miles from Marina @ Rowena on Lake Cumberland, this is an opportunity to purchase land in an area where it rarely is available!
*Extended Bidding does apply. **If you are outbid during the last 5 minutes of the auction you will be given an additional 5 minutes to make another bid. This process will continue until no bids have been made for 5 minutes. Auction Terms & Conditions *Extended Bidding does apply. **If you are outbid during the last 5 minutes of the auction you will be given an additional 5 minutes to make another bid. This process will continue until no bids have been made for 5 minutes. 1.) 10% Buyer's Premium. 2.) 20% deposit at conclusion of sale, balance due within 30 days. 3.) Purchaser required to sign a uniform sales and purchase contract at the conclusion of the sale. 4.) Home built prior to 1978, buyer to sign a 10 day waiver on inspection for lead based paint. 5.) Seller Pays 2024 Taxes. 6.) Selling by Warranty Deed. 7.) Property selling by recent survey - Talbott Land Surveying 8.) Buyer responsible for the closing costs, as well as their own title search. 9.) Atty. David M. Cross to prepare documents and conduct closing. 200 Cumberland St., Albany, KY 42602 (606)-387-6639 10.) Payment & Pickup is shall be SATURDAY JUNE 29 9 AM - 12 NOON at 2867 Cartwright Loop, Albany, KY. Cash or Check Only. No Shipping. 11.) 6% KY Sales Tax Where Applicable on Personal Property. 12.) Possession is with deed at closing. 13.) This sale is final with no contingencies and is not subject to the buyer's ability to obtain financing. 14.) Amonett's Eagle Auction & Realty, LLC are agents for the Seller. 15.) Property selling "as is, where is", both surface and subsurface with no warranties guaranteed or implied. Bidders should complete their own due diligence prior to bidding. Seller nor his/her agent (Amonett's Eagle Auction & Realty) make any representation or warranty regarding any utility service(s) available to the real property being sold. Bidder/Purchaser has the duty to determine the feasibility of any utility service(s) prior to bidding. Online Auction Bidding Software Disclaimer: This is an “As-Is” Site. You accept that you use the Site to your own risk and without any guarantees or promises from Amonett's Eagle Auction & Realty, LLC or its Sellers. This includes the functionality and operation of the Site. Amonett's Eagle Auction & Realty, LLC does not guarantee that the Site will be operational 100% of the time. Amonett's Eagle Auction & Realty, LLC does not guarantee that you will always be able to access the auctions listed on the Site. The Site is usually available 24 hours a day, 7 days a week. However, we retain the right to make the Site unavailable from time to time for any reason. Therefore: -Amonett's Eagle Auction & Realty, LLC shall not be liable for any damages arising from any interruption, suspension, or termination of the Site. -Amonett's Eagle Auction & Realty, in its sole discretion, may: --Terminate or suspend access to any bidder for any reason to our Site. --Terminate or suspend any bidder's registration to bid and bidder account. Bidders guarantee that the information they supply to Amonett's Eagle Auction & Realty, LLC is accurate. Users agree to indemnify and hold Amonett's Eagle Auction & Realty, LLC harmless from any lawsuit based on users’ negligence or activities. --Suspend bidding on any individual lot and/or all lots in any auction at any time. --Extend the bidding ending date & time for any individual lot and/or all lots in any auction at any time. -- International Bidders are required to place a "bid" deposit prior to bidding. If they are a winning bidder, the "bid" deposit will be applied towards the purchase price. If they are not a winning bidder, the "bid" deposit shall be refunded. The "bid" deposit shall be 20% of the maximum bid per lot. The "bid" deposit shall be submitted by wire transfer only. --By accepting the terms and conditions of the auction: If Purchaser(s) fail to close, Purchaser(s) agrees that Broker is a Third-Party Beneficiary of this Agreement due any damages from the breach, including but not limited to all costs of the sale and any commissions due from the sale, and those damages are enforceable against the Purchaser(s) irrespective and independent of any action taken by the Seller. Any action by Seller or Broker to enforce any rights provided under this agreement shall include all costs of collection and reasonable attorney’s fees. Purchaser(s) agree that Clinton County, Kentucky shall be the venue for any action related to this sale. The laws of the State of Kentucky shall apply. Information contained herein believed to be correct but not guaranteed. Announcements made day of auction or published / distributed on the Internet prior to the stated online auction ending time take precedence over previously published material and oral statements. Amonett's Eagle Auction & Realty, LLC, it's Agents and Staff are eligible Bidders and subject to registration, terms and conditions.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 24.99 1.00 USD
25.00 - 99.99 5.00 USD
100.00 - 499.99 10.00 USD
500.00 - 4,999.99 25.00 USD
5,000.00 - 9,999.99 100.00 USD
10,000.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium Ten Percent Buyers Premium
Payment Terms
RE: 20% Deposit at conclusion of sale, with balance due in 30 days. PP: Payment & Pickup is shall be SATURDAY JUNE 29 9 AM - 12 NOON at 2867 Cartwright Loop, Albany, KY.
RE: 20% Deposit at conclusion of sale, with balance due in 30 days. PP: Payment & Pickup is shall be SATURDAY JUNE 29 9 AM - 12 NOON at 2867 Cartwright Loop, Albany, KY.