The Opportunity is HERE!
The Jim Stevens Farm
95+/- Acres to be Determined by Survey.
4500 Webster Rd. Danville KY
This farm will be SOLD via the Multi-Par Method of Auction. Buy One Tract or Any Combination of Tracts.
Farm will be Sold by the Tract in the Whole Dollar Amount. All Tracts Sell AS IS without Warranty.
This is a NON CONTINGENT SALE!
No Broker Participation
There will be a 10% AUCTION PREMIUM Added to the High Bid(s) to Determine the Final Purchase Price.
Buyer(s) will be required to enter into a Non-Contingent Purchase Contract. Buyer is advised that the home was build prior to 1978, but Seller has NO Knowledge of Lead Based Paint in the home.
A new survey has been conducted by AGE Surveying/Engineering. At closing, BUYER(S) shall pay $65.00 per surveyed acre for their portion of the farm purchase.
A 10% Non-Refundable Down Payment will be collected from the Buyer(s) at the time of Contract Signing. The Balance is due within 45 Days Post Auction.
CASH or CONVENTIONAL Financing ONLY!
2.011 Acre Vacant Lot
2.011 Acre Vacant Building Lot
Baker Auctions & Real Estate – Auction Terms & Conditions
Willie Baker – Principal Auctioneer/Broker
Auction Property
The Jim Stevens Farm
4500 Webster Rd. Danville KY
House and 96+/- acres in 8 tracts
Auction Date/Time/Location
Live Auction with Simulcast Online Bidding. Multi-Par Auction Method. November 29, 2024 @ 1:30pm Eastern Time. Live - Offsite at The Showroom Event Center in Danville.
Registration
Register Online or in Person
Auction Sale Type
Online Pre-bidding and Live Simulcast Bidding Day of Sale.
Buyer’s Premium
A 10% Buyer’s Premium will be added to the high bid and included in the total contract purchase price. Example: High bid of $100,000.00 plus 10% Buyer’s Premium = $110,000.00 contract purchase price.
Absentee/Phone Bidding
Absentee or Phone Bidding arrangements can be made prior to Auction Day by contacting the Auctioneer, Willie Baker, at 859-319-1520.
Terms of Sale
The successful bidder(s) shall be required to enter into a non-contingent auction agreement and deposit 10% of the contract purchase price in the form of Cash, Certified Funds, or approved personal check immediately following the auction. The balance of the purchase price shall be paid on or before January 14 2025. This is a Multi-Par Auction consisting of multiple "bidding rounds". If at any point a bid is recorded on the leader board, those bids may not be rescinded at any time, and are subject to potentially being the final winning bid.
Possession
Possession shall be granted with deed transfer, subject to any existing liens, tenants, or occupants if applicable.
Real Estate Property Taxes
2024 Real Estate Taxes shall be paid by the seller. 2025 Real Estate Taxes shall be paid by the buyer(s).
Insurance
The successful purchaser of the subject property is hereby notified that they may wish to insure their interest in the property to the day of deed transfer, if applicable.
Closing & Title
The Buyer is responsible for hiring their own Attorney to perform title work, prepare closing documents, and execute the closing. Buyer is responsible for their own Attorney’s fees. Auctioneer must be notified of closing attorney’s contact information to coordinate the closing. Closing shall take place on or before 45 days post auction
Property Inspection
Property may be viewed or inspected by appointment or potential buyer convenience. Buyer hereby understands that the seller nor auction company is deemed liable or responsible for any injury or accident while at the property.
Special Notice
This property is being offered “AS – IS, WHERE IS”, and with all faults, with no Warranties expressed or implied of any kind. Property shall be conveyed with an insurable title by “General Warranty” deed with no liens or encumbrances, other than existing covenants, restrictions, and easements of record. Bidders should carefully verify all information and make their own decisions as to accuracy thereof before bidding. Buyer should consult with all utility providers concerning availability. The successful bidder today will be required to waive their right to a Lead Based Paint inspection, if applicable. No posted leader board bids may be rescinded at any time during the course of the auction.
Special Condition
A new survey has been conducted by AGE Surveying/Engineering. At closing, BUYER(S) shall be required to pay $65.00 per surveyed acre for their portion of the farm purchase. The survey is for boundary corners only.
THIS IS A NON-CONTINGENT SALE! CASH OR CONVENTIONAL FINANCING ONLY!
If you are financing the property, please be prepared to present a letter of intent to loan from your financial institution.
Bidder’s Acknowledgement
By signing below or registering online, You, as a successful bidder agree to the terms and condition stated herein. This document is part of the non-contingent contract sale to purchase the property. This is a public offering open to all! If You, as a participating bidder did not sign the terms and conditions stated herein, it is implied that you are agreeing to the terms and conditions by participating in this auction.
Signature: Date:
Bidder’s Name/Phone Number:
Address:
Announcements made day of sale take precedence over any previous advertisements!
Danville, Kentucky 40422
United States
Closing on or before January 15, 2025.