2 HOMES - GARAGE - 2 BUILDING LOTS

IMPORTANT NOTICE: The auction will be conducted off site at 112 South Main Street 1 ½ blocks north of downtown Hardinsburg, KY next to WXBC radio studios. (Signs Posted at this location). The auction will begin at 10:00 AM CST sharp so please make your inspection of the Real Estate early so you can make the 10:00 AM start time.

When

03/05/2016

Saturday, 10:00 AM CST

Where

307 E. 4th Street and 312 E. 3rd Street

Hardinsburg, KY

How

Live with Online Bidding

Shipping

Not Available

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ABSOLUTE AUCTION

SATURDAY, MARCH 5^TH @ 10:00 AM CST

LOCATED IN BRECKINRIDGE COUNTY at 307 E. 4^th Street and 312 E. 3^rd Street Hardinsburg, KY 40143. Signs Posted.

BARR REALTY & AUCTION CO., INC. has been selected by Rick & Paige Askins to sell at Absolute Auction the following Real Estate. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Bobby Carwile and apprentices Chris Barr and Dennie Armes with offices in Hardinsburg and Brandenburg, KY.

ORDER OF AUCTION: Going on the Auction block at 10:00 AM CST sharp will be Real Estate only.

IMPORTANT NOTICE: The auction will be conducted off site at 112 South Main Street 1 ½ blocks north of downtown Hardinsburg, KY next to WXBC radio studios. (Signs Posted at this location). The auction will begin at 10:00 AM CST sharp so please make your inspection of the Real Estate early so you can make the 10:00 AM start time.

INCOME PRODUCING REAL ESTATE

2 HOMES • GARAGE • 2 BUILDING LOTS

Parcel 1: Located at 307 E. 4^th Street Hardinsburg, KY. Consisting of a 3 bedroom vinyl siding home, kitchen and dining room combination, living room, large utility room w/ storage area, central heat & air, (The refrigerator, electric cook stove & dishwasher will remain with the Real Estate) other improvements include a 30 x 44 block garage with concrete floors, 2 drive through and 1 walk through doors; 2 flues, one for gas & 1 for wood heat; separate electrical service. The garage is not included in the home rental agreement. The home & garage are located on a nice shaded lot. Parcel 1 is rented for $500.00 per month plus utilities and the renter would like to continue to lease the home.

Parcel 2: Located at 312 E. 3^rd Street Hardinsburg, KY 40143. ¾ block east of Trent-Dowell Funeral Home. Consisting of a 3 bedroom brick home, kitchen and dining room combination, living room, bath, electric heat and lot. The refrigerator, electric cook stove, washer and dryer will remain with Real Estate. Parcel 2 is rented for $500.00 plus utilities per month and the renter would like to continue to lease the home.

Parcels 3 & 4: Located at 312 E. 3^rd Street Hardinsburg, KY 40143, next door to Parcel 2: Selling 2 nice building lots available to city utilities at the buyer’s expense.

OPEN HOUSES: Tuesday, March 1^st from 5:00 PM to 6:00 PM CST and day of auction Saturday, March 5^th from 8:00 AM to 10:00 AM CST.

RICK & PAIGE ASKINS, OWNERS

TERMS AND CONDITIONS ON REAL ESTATE: The following deposits will be required day of auction: Parcels 1 & 2: $3,000.00 each, Parcels 3 & 4: $2,000.00 each, balance on all parcels due by April 5th, 2016 by 4:00 PM CST. All deposits to be made in the form of cash, cashiers’ check or personal check with up to date bank letter guaranteeing funds. All bidders must register prior to the auction to receive a bidding number and must have a picture ID or driver’s license. All Real Estate is zoned R-1, Residential. The houses were built before 1978. Lead paint could be present, make your inspection 10 days prior to the auction. Purchaser will be required to sign an inspection waiver prior to signing a sales purchase agreement day of auction. TAXES: Prorated for 2016 city and county. The rent will be prorated from date of closing. POSSESSION: Landlord possession on Parcels 1 & 2, balance of Parcels 3 & 4 date of deed transfer only. Parcels 2, 3 & 4 will share a 20 ft. driveway from Third Street. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. IMPORTANT NOTICE: 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 make 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 announcements from the auction block take precedence over any printed material, email, website and/or any oral statements made. Not responsible for accidents.