Absolute Multi-Par Auction of The Estate of Frank B. Warren
House, Barn and 35 +/- Acres & Farm Equipment
Saturday October 19th, 2024 at 10:30am
** Property will be sold from 306 Tudy Ridge Rd, Science Hill, KY **
In order to settle the Estate, the family has authorized our firm to sell this WONDERFUL property at absolute multi-parcel auction.
Don't miss this incredible opportunity to own a piece of Pulaski County at an absolute multi-par auction! This rare offering of a small farm includes a total of 35.39 +/- acres, with two properties available in tracts or as a whole. The Tudy Ridge Road property features 19.72 acres, improved by a 3-bedroom, 1-bath home, a barn, and a garage. The Wesley West Road property offers 15.67 acres of beautiful land, complete with a septic system and prime building sites. Whether you're looking for a home with acreage, an investment opportunity, or land to build your dream home, this auction has something for everyone. Nine tracts, ranging from 1.2 to 7.82 acres, offer cleared and wooded areas, perfect for residential sites, livestock, or future investment. Farm equipment and a 1992 Buick Century will also be up for grabs. Seize this unique chance to bid on your ideal tract or combination!
Tract Info:
Tract #1: 2.28 acres
This tract is improved with a home, barn and small building. Inside the home you will find 3 bedrooms, living room, kitchen , utility room and a full bath. The home has a L shaped covered porch for entertainment and views of country living.
Tract #2: 2.76 acres
This tract is cleared and would make an excellent building site or added to the combination of your choice.
Tract #3: 5.88 acres
This tract is mostly cleared with some woodland. This tract also would make a great spot for your dream home, investment or add to another combination.
Tract #4: 6.44 acres
Property is along Tudy Ridge Road. This tract has cleared as well as wooded ground and would make a great home site, place for some livestock, crops, or just an investment for the future.
Tract #5: 2.36 acres
This tract is located along Tudy Ridge Road and would make a great investment or place for a small animal.
Tract #6: 1.84 acres
Located along Wesley West Road and Hwy 1676, this tract would make a great building site, place for you camper, mobile home, investment or a good combination tract.
Tract #7: 4.81 acres
This tract is accessed along Wesley West Road and also would make for a great building site, investment or combination tract.
Tract #8: 1.20 acres
Tract 8 is accessed from Wesley West Road and has 132.82 of frontage. This tract has a pre-existing septic and would make a great place for the home of your choice.
Tract #9: 7.82 acres
This is the largest of the tracts and has beautiful views. This tract would also make a great home site, place for your animal, or add into a combination.
VEHICLE: 1992 Buick Century (VIN # 1G4AH54N2N6432783 - Has Rebuilt Title)
FARM EQUIPEMENT: Disc, Grader blade, hay rake, 2 bottom plow, carryall, scissor hay fork, antique corn sheller, potato plow, handmade roller and misc items.
Auctioneers Note: Whether it is a home with a little acreage or land for your dream home, mark your calendar for this important auction. With 9 tracts to choose from and the ability to purchase in combinations or as its entirety, there are lots of possibilities.
REAL ESTATE TERMS:
Auction Premium: There will be a 10% Auction Premium added to the winning bid. The sum of the winning bid plus the Auction Premium will be the sales price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s Fee) equals purchase price of $110,000.
EARNEST MONEY: 20% of the total sale price down as a non refundable earnest money at the close of the auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property of lead-based paint. The period for inspections begins October 7th through October 18th. The successful bidder must sign a waiver of the 10-day inspection period.
This 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 Contract for Sale of Real Estate.
GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.
REAL ESTATE TAXES AND CLOSING COSTS: All real estate taxes will be prorated for 2023. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.
MULTI-PARCEL "SIMULCAST" LIVE & ONLINE AUCTION INSTRUCTIONS/TERMS:
Ford Brothers, Inc. Online Auctions are timed events, so time is of the essence. At Ford Brothers Multi-Parcel auctions, to bid you must proceed to the catalog. Inside the catalog, you will need to bid on individual tracts of property, until combinations have been enabled. If you wish to bid on a combination of tracts, we suggest that you do not bid on individual tracts, because you can be placed in the lead on an individual tract of property at any time during the auction. Please check for announcements and notes from the software auctioneer in charge. There is NOT a max bid feature via the Multi-Parcel online auction platform. There are lots of announcements and warnings during auction, giving each bidder fair warning the auction will be closing. Please place bids in a timely manner. If you have any questions about bidding in the Multi-Parcel Simulcast format, be sure to give us a call at 606-679-2212.
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc.
For more details, contact us today!
Michael Broughton, Auctioneer
