10 ACRES-ONE TRACT
POTENTIAL DEVELOPMENT PROPERTY
ABSOLUTE – NO RESERVE
Address: 7702 Vaughn Mill Rd, Louisville, KY
SAT. APRIL 11 10 AM
Land: Excellent investment opportunity! This +/- 10.08 acres is surrounded by development. Great potential for patio home development, etc. Property is mostly wooded, includes creek, and great visibility. Located just off Outer Loop near Southeast Government Center and Jefferson Mall. Property will sell as a single unit. Property currently zoned R-4 (single family residential). 2008 taxes were $2037.32/yr. Per MSD approx. 1.8 acres is in 100 yr flood plain. Approx. 388.57’ of frontage on Vaughn Mill Road.
House: Built in 1948, this Cape Cod style 1.5 story brick home has endless potential. This home features approx 1743 sq ft on the first/second floors, approx. 1000 sq ft partially finished basement, 4 BR, 1 BA, and detached 2.5 car garage. Home is need of minor repairs/updates. Utilities include: existing septic system, sewer is available, gas forced air furnace, central air, & public water.
BROKER CO-OP: Call for details!
INSPECTION: By appointment, call (812)738-9476.
ANTIQUES/COLLECTIBLES: Shawnee corn (S&P, sugar); (5) ’78 KY Derby glasses; iron baby bed; 100+ 45 records; 22” china wedding doll; ’58 Napco head vase; glassware;
FURNITURE/APPLIANCES: Duncan Phyfe 50’s mahogany ding room suite (table, chairs, china cabinet); maple dining table w/6 chairs; GB 3-piece bedroom suite; white 4-piece bedroom suite (poster-style bed); 50’s end tables; hall table; blanket chest; living room suite; chairs; wicker; décor items; desk; TVs; sewing machine; kitchenware; Hoover vacuum; linens; Knowles china service; GE refrig; Frigidaire chest freezer; GE washer/dryer
COLLECTOR TRACTOR: 1958 John Deere 430 W, SN158547, 90% rear rubber, fact. 3-pt, 5-speed, HD axles (Sharp older restoration!)
LAWN/GARDEN: John Deere 180 lawn tractor; Snapper 12Hp riding mower; 3-pt 60” PTO finish mower; Bunton push mower; Craftsman 6 Hp pressure washer; Homelite DX chainsaw; gas powered blowers/weed eaters; gas grill; smoker; porch swing; picnic table; concrete planters; hand tools; alum ladder; batt charger; bench grinder; gas cans; small 4’x6’ trailer
OWNER: Estate of Catherine A. Smith
ESTATE ATTORNEY: Timothy J. Naville
DIRECTIONS: I-65 to Outer Loop East Exit, continue 4.9 miles, then right on Vaughn Mill Road to site.
NOTE: Tents/building available in case of rain. No buyers premium! Auction order: personal property at 10, real estate approx. 12 noon!
TERMS & CONDITIONS: Cash or approved check w/photo ID. No warranty implied. Nothing removed until settled. Not responsible for accidents. Lunch served. All announcements made day of auction take precedence over previously written or said statements.
METHOD OF SALE: Beckort Auctions, LLC will offer this property at public auction on April 11, 2009. Each bid shall constitute an offer to purchase, and the final bid shall constitute a binding contract between the Buyer(s) and the Seller(s). The auctioneer will settle any disputes as to bids, and his decision will be final. <br>
DOWN PAYMENT: 10% (non-refundable) down payment due day of auction, with balance due within 30 days at closing. A letter from your bank confirming these funds must accompany your down payment. This payment may be made in the form of cash, cashier’s check, personal check, or corporate check. Your bidding is not conditional upon financing.<br>
ACCEPTANCE OF BID PRICES: This property sells absolute to the highest bidder without reserve! The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction.<br>
ABSENTEE BIDDING: Confidential absentee buyer registration is available upon prior arrangements with Auction Company. <br>
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of auction. <br>
DEED: The Seller(s) will provide a Personal Representative’s Deed at closing.<br>
EVIDENCE OF TITLE: The Seller(s) have had Title Searches performed prior to auction, which are available upon request.<br>
POSSESSION: Possession at closing. <br>
ACREAGE: All tract acreages, dimensions and proposed boundaries have been estimated based on current legal descriptions, title searches, and the current survey performed by Paul Primavera & Assoc.<br>
EASEMENTS: The sale of this property is subject to any and all easements or record. <br>
REAL ESTATE TAXES: Taxes will pro-rated to day of closing. <br>
DISCLAIMER & ABSENCE WARRANTIES: All information contained in this article and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold as an AS IS, WHERE IS basis, and no warranty or representation either expressed or implied, concerning the property is made by the seller or the auction company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of biddings are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person if there are any questions as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final. All announcements made day of auction take precedence over previously printed or stated information.