Sale Pending: Absolute Farm Auction-Selling to Highest Winning Bidder

174 +/- Acres & 7,000 Sq. Ft Home Offered in 8 Tracts


Selling to Highest Winning Bidder!

LIVE ON-SITE AUCTION
Began: 06/01/19 at 10:00 AM EDT
Ended: 06/01/19 at 12:00 PM EDT
Location: 3376 Drennon Rd, New Castle, KY 40050

Offering this Beautiful 174.17 Acres in 8 Tracts

Selling to the Highest Winning Bidder(s)!

Beautiful Custom Built Home Nestled on 7.72 Acres (Tract 1)** Open Floor Plan & Room to Grow** You Will Love Country Living w/ 7 Bedrooms & 6.5 Baths**This Home Offers: Den/Library, Formal Dining Room, Master Suite, Elevator that services all 3 Floors & Gourmet Kitchen with Granite Counter Tops, Stainless Steel Appliances & Pot Filler** First Floor Master Suite Features Hearth Room w/Gas Fireplace & Entrance to Side Screened Porch** Don’t Forget the Walkout Basement w/Finished Shop Area** Attached Garage & Additional 3 Car Garage Shop for Equipment**Fenced Back Yard**Upgrades Include:  ICF (insulated concrete forms) construction that has 12″ wide Outside Walls Filled w/Concrete to the 2ndFloor, Foam Insulation in Attic, High efficiency HVAC zoned units, Fresh air exchanger, & A Solar System, and Back Up Generator.

Tract 1     Home on 7.72  Ac. 

Tract 2     18.38 Ac.

 Tract 3     27.63 Ac.

 Tract 4      24.33 Ac. + Pond

Tract 5      51.51 Ac.

Tract 6      22.99 Ac.

Tract 7      17.39 Ac.  

Tract 8      4.22 Ac.

 

 

 

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bids to determine the final contract selling price for the property. 

TERMS ON REAL ESTATE:  A 10% Buyers Premium will be added to the winning bids to determine the final contract selling price for the property. The purchaser shall make a non-refundable deposit at the conclusion of the auction in the amount of 15% of Total Purchase Price. The deposit must be in the form of cash, certified check, cashier’s check, or good personal check secured by purchaser’s personal demand note. The balance to be paid upon delivery of a general warranty deed on or before June 28th, 2019. Possession to be given at closing, subject to all leases, and date of deed.  All Farm Leases Shall Survive The Deed.  There is a farm lease that currently exsist on parts of farm.  PLEASE CALL FOR DETAILS.  Time is of the essence in the purchase agreement. 2019 Taxes shall be prorated between the Seller and Buyer(s) at closing.  The property is being sold as is with no warranty.  A 10% Buyer’s Premium will be added to the winning bids to determine the contract selling price for each property. BUYERS ACKNOWLEDGE THEY HAVE EXAMINED THE PRELIMINARY PLAT AND ACCEPT THE PROPERTY BOUNDARIES AS SHOWN.  BUYER(S) ACKNOWLEGE THAT A PORTION OF THIS PROPERTY IS CURRENTLY UNDER A LEASE. An unencumbered marketable title to said property to be conveyed by General Warranty, with the usual covenants such as a title company will insure, subject to easements of record, restrictive covenants of record as to the use and improvements of said property and any applicable regulations imposed by Henry County.  BUYER hereby releases the SELLER and Auctioneer/Broker from any and all liability relating to any defect or deficiency affecting said real estate, which release given shall survive the closing of this transaction.  We/I have read the entire contents of this contract and acknowledge receipt of same. We/I, are/am not relying on verbal statements not contained herein.  Terms of this contract shall survive the deed. Buyer is to verify lot size, square footage, restrictions, floodplain, and taxes. Auctioneer/Broker/Seller will not be liable for this information. All risks of loss with respect to the property shall remain with SELLER until the closing and delivery of deed.  In Cooperation with RE/MAX Associates of Louisville. * Property is subject to Prelimary Plat Approval.  Any Announcements made the day of the Auction take precedence over printed material or any other oral statements made. 

PREVIEW DATE: Saturday, May 25th 10AM-12PM

 

FROM LOUISVILLE: I-71 N to KY 153 S in Pendleton, take Exit 28 from I-71 N.

FROM LEXINGTON: I-64 W/I-75 N from Newton Pike to KY 53 N/Mt Eden Rd in Shelbyville, take Exit 35; From I-64 W.

FROM CINCINNATI: I-71 S to US 421 S in Henry Co., take Exit 34 from I-71 S.

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View of Home Great Front Porch Preliminary Plat 3D Layout of Home Back of Home

Auction Solutions LLC

http://www.auctionsolutionsllc.com

5964 Timber Ridge Dr Louisville, KY 40059

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