Historic McCutchen Meadows

Description

The nearly two centuries of continuous family ownership by the McCutchen-Coke Families speaks volumes about this hallowed ground in beautiful Logan County, KY and its degree of importance to all who have passed through while maintaining its heritage.  And if a passion for properties of historic value is in your DNA, the same memories await you as the lucky next owner.  For playing host at special occasions, dinner parties, entertainment or simply using for your own personal enjoyment, there’s not a better setting to provide that all important “wow factor”.  Make your plans now to check this one out.  See you sale day!

Terms

BY VIRTUE OF A DECREE AND ORDER OF SALE OF THE LOGAN CIRCUIT COURT, the Master Commissioner working in conjunction with Joe B. Houchens Auctioneers, will sell at public auction the real property in the following action on Friday, November 6th, 2015, about the hour of 1:00PM-CST, on the site of the premises located at 12345 Bowling Green Road, Auburn, Kentucky.

Said property shall be sold to collect the amounts hereinafter set forth, together with interest and the costs of the action, and upon the following terms and conditions (unless otherwise stated).  (A.) There will be a seven percent (7%) buyer's premium added to successful bid to determine sale price of real estate. The purchasers will be required to pay ten percent (10%) down the day of sale and post bond on the remainder with the balance due in thirty (30) days. Said bond will bear interest at the rate of twelve percent (12%) per annum upon the unpaid balance from the date of sale until paid in full.  The Master Commissioner will retain a lien on the property sold to secure the sale price. If the purchaser elects to post bond, he/she will be required to provide sufficient surety thereon at the sale. Please contact the Master Commissioner's Office prior to the sale with questions regarding approved surety at 270-726-8900.  (B.) The property is sold subject to the following: a. State, county, city, and school taxes payable for the entire year of 2015 and all taxes due thereafter b. Easements, restrictions, and covenants of record. c. Assessments for public improvements levied against the property. d. Any facts which an inspection or accurate survey of the property may disclose.  (C.) The property shall otherwise be sold free and clear of any and all right, title, and interest of all parties to this action and of their liens and encumbrances thereon except such right of redemption as may exist in favor of the United States of America or the defendants.  (D.) For a more particular description of these properties, reference is made to the file on record at the Logan Circuit Clerk's Office on the first floor of the Justice Center.

AMERICAN BANK AND TRUST COMPANY, INC.  vs. KEVIN ALFORD (a/k/a James Kevin Alford); SUSAN JOST; K & S CONSTRUCTORS, INC.; COMMONWEALTH OF KENTUCKY; COUNTY OF LOGAN, KENTUCKY; COMMONWEALTH OF KENTUCKY, DIVISION OF UNEMPLOYMENT INSURANCE; COMMONWEALTH OF KENTUCKY, DEPARTMENT OF REVENUE; COMMONWEALTH CD FUND LLC; KENNETH KNOWLES and NEDA KNOWLES; and SOUTHERN TAX SERVICES, LLC; pending in the Logan Circuit Court, CIVIL ACTION NO. 15-CI-00220, to collect $604,473.06, together with interest at the rate of $68.471 per day from and after March 31, 2015, until paid, plus late charges accruing at the rate of 5% of the regularly scheduled payments, plus reimbursement of any payments made by American Bank and Trust Company, Inc. for insurance and/or taxes paid by the Plaintiff, plus all such legal fees and expenses.

SALE – 12345 Bowling Green Road, Auburn, KY 42206 – 11.54 Acres & Improvements

Being the same property conveyed to Susan M. Jost, married, from Neda M. Knowles and husband, Kenneth R. Knowles, in deed dated December 7, 2007, and of record in Deed Book 378, Page 521, in the Logan County Court Clerk’s Office.

T. Brian Lowder - Attorney for American Bank and Trust Company, Inc.

Jay D. Joines – Logan County Master Commissioner