Absolute Auction of Bank-Owned Real Estate
1013 Raceland Ave., Raceland, KY 41169
Live Auction at Subject Property
Tuesday, September 22nd @ 4:00pm
(Online bidding available ending @ 4:30pm)
Appraised at $65,700
Sells ABSOLUTELY to the highest bidder regardless of price!
No Minimum & No Reserve!
PROPERTY DESCRIPTION: 1,088+/- SF, 3 Bedroom, 1 Bath Ranch Home on .17+/- acre lot built in 1955 over Crawl Space with Attached Garage.
GREENUP COUNTY PARCEL: 182-20-07-006.00 Annual Taxes: $880
INSPECTION: 30 Minutes prior to auction or by appointment.
* ONLINE BIDDING NOTES:Bid Increment: minimum online bidding increment for this auction is $100.
Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $100 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.
Bid Extensions: If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding.
Realtor Participation: Contact Auctioneer for terms & requirements.
Real Estate sold through Area Group, LLC - KY Broker License #181648
Brent Semple - Broker (513)341-9378
Tim Lile, CAI – Auctioneer (937)689-1846
KY Auction License #258319 TimLileAuctioneer@gmail.com
Bid NOW @ www.OhioRealEstateAuctions.com
Disclaimer: Information contained herein was obtained from sources deemed reliable. However, neither Area Group, LLC, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Announcements made at the auction will take precedence over written material or any other statements made prior to the auction. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.
Lot Size: 1,088+/- SF on .17+/- acre lot
Annual Taxes: $ 880
Property sells absolutely to the highest bidder in As-Is condition with no contingencies for financing, inspections or otherwise. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Taxes prorated in manner customary to local norms. Buyer pays all closing costs. Clean Deed at closing with no liens or encumbrances.
Deposit and Closing:
Successful bidder will be required to place non-refundable deposit equal to 10% of the total contract price. Close on or before October 23, 2020.
See Realtor Registration Form in Documents Section of this listing for terms and requirements.