ABSOLUTE LIVE/ONLINE TWILIGHT AUCTION
MR. & MRS. JERRY GOODLETT’S
60 ACRES M/L FARM IN 5 TRACTS
FRIDAY, APRIL 24TH @ 5:30 P.M.
KIRKWOOD RD., SALVISA, KY
TRACT 2 is 20.05 acres, fronts 489’ of road frontage on Kirkwood Rd. and has a large pond.
TRACT 3, being the largest of the tracts, consists of 31.55 acres. This tract has 234’ of road frontage and is improved with a tobacco barn with attached shed.
TRACT 4 consists of 2.53 acres and has 244’ of road frontage.
TRACT 5 is 2.53 acres and has 244’ of road frontage.
TRACT 6 contains 2.53 acres and has 244’ of road frontage.
All tracts are zoned A-2. Tracts 4, 5 & 6 would be ideal for building with a little elbow room.
This highly productive farm is conveniently located between Harrodsburg and Lawrenceburg in Salvisa, Mercer County. Although in Mercer County, located near the Anderson County line and is 35-40 minutes from Lexington. Most all of this property is tillable. This property has been in the Goodlett family for 45 years. This absolute auction gives you the opportunity to buy property at your own price.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
AUCTION PREMIUM: A 10% Auction Premium will be added to the winning bid to determine the final sale price.
TERMS: 20% down due day of sale, with balance in 30 days with deed. Online winner: 20% down due within 48 hours of close of bidding, with balance in 30 days with deed.
Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its ‘as-is’ condition with no warranties expressed or implied.
Sam Ford, Auctioneer
Auction Premium: There will be a 10% auction premium added to the winning bid. The sum of the winning bid plus the auction premium will be the sales price. Example: Bid Price $100,000 plus $10,000 (10% auction premium) equals purchase price of $110,000.
EARNEST MONEY: 20% of the total sale price due as a non refundable earnest money at the close of the auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Sales and Purchase Agreement.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
This auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Sales and Purchase Agreement.
GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.
REAL ESTATE TAXES AND CLOSING COSTS: All real estate taxes will be prorated for 2025. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.
MULTI-PARCEL ONLINE AUCTION INSTRUCTIONS/TERMS:
Ford Brothers, Inc. online auctions are timed events, so time is of the essence. At Ford Brothers multi-parcel auctions, to bid you must proceed to the catalog. Inside the catalog, you will need to bid on individual tracts of property, until combinations have been enabled. If you wish to bid on a combination of tracts, we suggest that you do not bid on individual tracts, because you can be placed in the lead on an individual tract of property at any time during the auction. Please check for announcements and notes from the software auctioneer in charge. There is NOT a max bid feature via the multi-parcel online auction platform. If you have any questions about bidding in the multi-parcel format, be sure to give us a call at 606-256-4545.
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc.