Auction Closed
saturday-march-20th-1000am
Auction #173780

Saturday, March 20th – 10:00AM

87 Acres Offered In One Tract - One Mile From Alvaton Elementary - Marketable Timber

End:
Mar 20th 2021
11:00 AM US/Central
Category:
Real Estate > Land
Type:
LIVE

Auctioneer

Many of you have admired this property for several decades wondering how and when it could be bought. Well, the time is here! This 87 acre parcel is one of the best offerings that has been available in the Alvaton area for many years. The limited availability of these tracts has always been and will continue to be a hurdle for land buyers searching this area in one of the fastest growing parts of Warren County. So plan now to seize the moment. See you sale day!

Terms

BY VIRTUE OF A DECREE AND ORDER OF SALE OF THE WARREN CIRCUIT COURT, the Master Commissioner working in conjunction with Joe B. Houchens Auction Company, will sell at public auction the real property in the following action on Saturday, March 20, 2021, about the hour of 10:00a.m. on-site at the 353 Pearson Ln., Alvaton, Kentucky. The 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).

Please respect the below rules for the safety of all persons who attend the sale, during the Covid-19 pandemic and until further notice. 1. Everyone at the sale must wear a mask. 2. A bidding group is a bidder and one person who will sign the bond, such as husband and wife, or bidder and banker etc. 3. Bidding groups shall stay six feet from each other and the Master Commissioner and staff. 4. No children under 18. 5. Please bring your own ink pen to sign the check and paperwork. 6. If you have a fever, dry cough, feel sick or have been exposed to anyone with Covid -19, then send someone else to bid and sign bond.

A 7% Buyer's Premium Will Be Added to the Final Bid to Determine Contract Price

A. 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. Pursuant to KRS 426.705 the bond shall bear interest at the rate the Judgment bears, 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 270-842-0614. Occasionally, additional announcements are published on our webpage at www.warrencountymastercommissioner.com. B. The property is sold subject to the following: a. State, county, city, and school taxes payable for the entire year of 2021 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 Warren Circuit Clerk’s Office on the first floor of the Justice Center.
JEANETTA HOLDER VS. ANDREA ROBINSON; MICHELLE COFFMAN; DONALD E. CONDON; KATHY L. PEARSON; THE ESTATE OF PAUL PEARSON, et al. pending in the Judgment and Order of Sale in Warren Circuit Court, Div I, 16-CI-1037, to collect $49,167.28 with interest until paid.

353 Pearson Ln., Map Code (066A-20)

David F. Broderick - Master Commissioner