ABSOLUTE AUCTION - Residential Real Estate
Saturday, December 8th, 10:00 AM
3 BR 2 BA Home – 23 +/- Acres in Tracts
50’x100’ Shop – 50’x80’ Equip Bldg
395 Old Sonora Rd, Sonora
DIRECTIONS: US-31W south to Old Sonora Rd (about 1 mile before KY-84 intersection) and turn right. The property will be a short distance on the left.
REAL ESTATE: A well kept and modern home situated on approximately 23 acres with outbuildings. The property is located just off US-31W near Sonora, providing easy access to I-65. The home and acreage will be offered in tracts as listed below.
TRACT 2A – A ranch style home built in 2001 with approximately 1,544 sq ft, 3 bedrooms, 2 full baths, living room, kitchen/dining combo with pantry and propane radiant wall heater ( for backup/emergency), hardwood flooring, laundry room off of kitchen, 2 car attached garage, covered deck on rear, covered front porch, electric heat pump, central air, new roof, and fenced back and side yard. The home is situated on a 1 acre lot.
TRACT 3A – 1.193 acres
TRACT 4A – 1.236 acres
TRACT 5A – 19.532 acres of open, gently rolling cropland. This tract features a 50’x100’ metal building with two 14’ tall by 18’ wide overhead doors, ½ concrete floor with other ½ gravel, loft storage area with stairs, and an office with sink & shower and outside entry door. There is a 50’x80’ equipment shed with four 12’-15’ tall by 20’ wide bays as well as a on this parcel.
TERMS: A 10% buyer’s premium will be added to the winning bid to determine the final sale price. The property will be sold using the Multi-Par method. On real estate, $5,000 per tract will be due on the day of auction with the balance due within 30 days. The good faith deposit will be deposited into the Hodges Auction escrow account and held until closing, at which time a check from the escrow account will be issued and credited to buyer. Property taxes will be paid by seller. Possession will be given with the deed. Inspection of the property may be performed by prospective bidders prior to the auction. Property sells as is with no guarantees by the seller or Hodges Auction Company.