APARTMENTS - DUPLEXES - HOMES - ROUGH RIVER LAKE FRONT HOME

by Barr Realty & Auction Company, Inc.

ABSOLUTE

ONLINE BIDDING ONLY

BIDDING ENDS TUESDAY, JULY 10TH @ 4:00 PM CDT


LOCATED IN BRECKINRIDGE AND GRAYSON COUNTIES KY.

BARR REALTY & AUCTION CO., INC. has been selected by the Harry Willoughby Estate, Thomas C. Brite and Daniel G. Drane Co-Executors to conduct the following Absolute Online Bidding Only Auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr and Bobby Carwile with offices in Hardinsburg and Brandenburg, KY.



8 UNIT APARTMENT BUILDING • 2 FOUR PLEXES

2 DUPLEXES • 3 HOMES

1 ROUGH RIVER LAKE FRONT HOME


BRECKINRIDGE COUNTY REAL ESTATE: Parcels 1, 2 and 3 are located at 209 W. 3rd Street, Hardinsburg, KY 40143. Parcel 1: 2 story brick apartment building and 0.515 acres consisting of eight 2 bedroom, 1 bath apartments with kitchen/dining combinations. The first floor apartments have washer and dryer connections, the 2nd story does not have washer and dryer connections. Each apartment has its own electric and water meters, city sewer and has natural gas furnace and central air conditioning. Included with each unit will be a refrigerator and electric cook stove. Currently 7 units are rented, one vacant and a $2,210.00 monthly rental income. Parcel 2: 4 plex brick apartment building and 0.271 acres having one 3 bedroom, 1 bath and three 2 bedroom, 1 bath apartments with living room, kitchen/dining combination and utility area. Each apartment has its own electric and water meters, city sewer, natural gas furnace and water heater and central air conditioning. Included will be 4 refrigerators and 3 electric cook stoves. Currently all units are rented with a $1,450 monthly rental income. Parcel 3: 4 plex brick apartment building and 0.186 acres having four 1 bedroom, 1 bath apartments with living room, kitchen/dining combination and utility area. Each apartment has its own electric and water meter, city sewer, natural gas furnace and water heater and central air conditioning. Included with each apartment will be a refrigerator and electric cook stove. Currently 3 units are rented, one vacant with a $900.00 monthly rental income. Parcels 1, 2 and 3 will share access by right of way easement from West 3rd Street to the parcels. Parcel 1, 2 and 3 rental apartments are in need of some general maintenance improvements such as paint, wall knick repair, carpet and some interior door and exterior door repair. Selling in as is, where is condition. Parcel 4: 113 W. 3rd Street, Hardinsburg, KY 40143. Brick duplex and 0.154 acres, the two units consisting of two 2 bedroom, 1 bath apartments with living room, kitchen/dining combination and utility area. Each unit has separate utilities, city water & sewer, electric central heat & air. Improvements include a covered front porch, back deck, black top and concrete front parking area. Currently both units are rented for $875.00 monthly rental income. This duplex was built in 2003. Parcel 5: 213 S. Breckinridge Street, Hardinsburg, KY 40143. Brick duplex and 0.146 acres having two 2 bedroom, 1 bath apartments with living room, kitchen/dining combination and utility area. Each apartment has its own electric and water meters, city sewer, electric furnace and central air conditioning. Improvements include a covered front porch, back deck and blacktop parking area. Currently both apartments are rented with a $785.00 monthly rental income. This duplex was built in 2004. Parcel 6: 105 Fairview Drive, Hardinsburg, KY 40143. 3 bedroom brick home with 1 ½ baths, kitchen, dining area, living room, utility area, built in glass front display cabinets, covered front and back porches and carport. The home is heated by natural gas furnace, has central air and city water. The home does have some uneven floors, selling in as is, where is condition. Improvements include black top driveway, chain link fenced yard and storage building. The home and improvements are situated on a 0.419 acre lot and are currently rented with a $600.00 monthly rental income. Parcel 7: 310 S. Breckinridge Street, Hardinsburg, KY 40143. 1 ½ story, 4 bedroom, 1 ½ bath vinyl sided home. The first floor consists of 2 bedrooms, 1 ½ baths, living room, kitchen with oak cabinets and utility room. The upper floor has 2 bedrooms with lots of attic storage. The home has a full basement with recreational area and partially furnished workshop area. The home has laminate, tile and carpet floor covering, has an updated electric panel and some new water lines, is heated by natural gas furnace and has central air conditioning and a large covered front porch. The home is situated on 0.295 acres with city utilities. Currently the home is rented with a $450.00 monthly rental income. Parcel 8: 204 E. 2nd Street, Hardinsburg, KY 40143. 1 ½ story 4 bedroom, 2 bath, vinyl sided home. The first floor consists of 1 bedroom, 2 baths, kitchen, dining room and utility room. The upper floor consists of 3 bedrooms. The home has carpet and tile floor covering, natural gas furnace, central air conditioning, city utilities, covered front porch, small storage building and a nice 0.147 acre lot with mature shade. Currently the home is rented with a $475.00 monthly rental income. AUCTIONEER’S NOTE: All appliances that will be sold with the rented units will be sold in strictly as is, where is condition and will transfer to the new buyers at closing. GRAYSON COUNTY REAL ESTATE: Parcel 9: 494 Fentress Lookout Rd. Falls of Rough, KY 40119. From Rough River State Park Lodge, take Hwy. 79 south toward Short Creek, KY, 1.5 miles to Hwy. 110, turn left and go 1.5 miles to Fentress Lookout Road. Continue 0.5 miles to the Real Estate on the right. Selling will be a Rough River Lakefront home with 2 bedrooms, 2 baths, vinyl siding, living/dining/kitchen combination and a large sun room. The home is heated & cooled by electric heat and air wall unit, has electric wall heater and has county water. Improvements include 2 large deck areas and covered patio area. The home has some foundation issues. The home and improvements are situated on a 0.139 acre lot with mature shade and frontage on Rough River Lake. 


 

THE HARRY WILLOUGHBY ESTATE, OWNER

TERMS & CONDITIONS ON REAL ESTATE: Parcels 1, 2, 3, 4 & 5 will require a $10,000.00 deposit each, Parcels 6, 7, 8 & 9 will require a $5,000.00 deposit each, within 48 hours of the auction ending time. Deposits to be made in the form of cash, cashiers check, personal check with up to date bank letter guaranteeing funds or wire transfer. Balance due by August 10th, 2018 by 4:00 PM CDT. POSSESSION: Landlord possession on all parcels date of new deed transfer only. RENTS: Seller will receive the August 2018 rent on all parcels, new buyer/buyers will receive the September 2018 rents. TAXES: 2018 county and city property taxes will be paid by the sellers. The houses were built before 1978. Lead paint could be present, make your inspection 10 days prior to the auction ending time. Purchaser will be required to sign an inspection waiver prior to signing a sales purchase agreement. Other online terms and conditions apply, see website for details. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. IMPORTANT NOTICE: All property sold “as is where is” condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents.

Conducted By

Barr Realty & Auction Company, Inc.

Hardinsburg 270-756-2136 Brandenburg 270-422-2136

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