The Estate of Marvin and Jane Douglas
Brick House, Farm House, 54 +/- Acres & Personal Property at Absolute Live/Online Auction
Saturday, November 29th, 2025 at 10:30AM
1511 North Ky 501 Kings Mountain, Kentucky
Preview Dates: Wednesdays - November 18th at 26th from 3:00 to 5:00 p.m. each day
Offered to the public for the first time in generations, this remarkable estate presents an exceptional opportunity to purchase a beautiful combination of farmland, woodland, and two homesteads—each with its own unique character and history. The property features approximately 54 acres, divided into multiple tracts to suit every type of buyer—whether you’re seeking a move-in ready residence, a restoration project, or prime acreage for recreation or farming.
The main residence is a stately brick and stone home with classic Kentucky charm, featuring a spacious kitchen, living room, five bedrooms, and two bathrooms, plus a basement for storage and utilities. A matching detached brick two-car garage sits nearby, adding both utility and curb appeal. The secondary dwelling is an older farmhouse with deep historical roots, designated as a Kentucky Historic Farm – Centennial property, offering a glimpse into the region’s agricultural past and awaiting a new owner’s vision for restoration.
The land itself is a beautiful blend of open fields and wooded areas—approximately half and half—making it ideal for livestock, crop production, hunting, or simply enjoying the natural beauty of rolling countryside. Improvements include a metal garage/workshop, a large barn, and several smaller outbuildings providing ample space for equipment, storage, or hobby use. Each tract has its own appeal, ranging from small residential lots to expansive acreage with development or farming potential.
This Absolute Auction represents an opportunity seldom seen—where history, utility, and natural beauty come together on one remarkable property. Buyers will have the chance to bid and buy at their price—don’t miss the chance to make this Kentucky farm your own legacy.
Personal property to be sold at Absolute Online Auction...
Property Tracts Overview
Tract #1:
Brick and stone home with detached two-car brick garage on 1.03 acres. The residence features a kitchen, living room, five bedrooms, two bathrooms, and a basement for storage and utilities.
Tract #2:
1.99 acres improved with a large metal garage/workshop and barn—perfect for equipment, livestock, or hobby use.
Tract #3:
Historic white farmhouse with 1.95 acres, designated as a Kentucky Historic Farm – Centennial. This older home offers a unique restoration opportunity and includes a small detached shed.
Tract #4:
38.28 acres of beautiful rolling land, approximately half open and half wooded—ideal for farming, livestock, or recreational use.
Tract #5:
7.94 acres of open and gently rolling land—excellent for a small farm, future building site, or pasture.
Tract #6:
2.99 acres of open land with scenic views—perfect for a country homesite or additional acreage to combine with neighboring tracts.
REAL ESTATE TERMS:
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% buyer’s Fee) equals purchase price of $110,000.
EARNEST MONEY: 20% of the total sale price down 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 Contract for Sale of Real Estate.
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 Contract for Sale of Real Estate.
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 "SIMULCAST" LIVE & 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. There are lots of announcements and warnings during auction, giving each bidder fair warning the auction will be closing. Please place bids in a timely manner. If you have any questions about bidding in the Multi-Parcel Simulcast format, be sure to give us a call at 606-679-2212.
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.
For more details, contact us today!
Karl David Reynolds, Auctioneer
REAL ESTATE TERMS:
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% buyer’s Fee) equals purchase price of $110,000.
EARNEST MONEY: 20% of the total sale price down 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 Contract for Sale of Real Estate.
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 Contract for Sale of Real Estate.
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 "SIMULCAST" LIVE & 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. There are lots of announcements and warnings during auction, giving each bidder fair warning the auction will be closing. Please place bids in a timely manner. If you have any questions about bidding in the Multi-Parcel Simulcast format, be sure to give us a call at 606-679-2212.
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.
For more details, contact us today!
Karl David Reynolds, Auctioneer