MULTI-PARCEL REAL ESTATE AUCTION

Multi-Parcel Real Estate Auction

Saturday, July 30 - 10:00 a.m.

Mattox Auction Center  3740 Maysville Road  Carlisle, KY

We have been authorized to sell the following.  The Auction will be held at the Mattox Auction Center at 3740 Maysville Road, Carlisle, KY.

Parcel 1:  WILLIAM FLOYD DALE ESTATE AUCTION – 209 S. Elm Street – Two story frame home overlooking Carlisle on a lot fronting S. Elm Street, with access on Rayne Street.  Older two story home in need of repair, but offering a great opportunity for the handyman!  2,673 sq. ft. of living space, with large rooms.  Great potential homesite with all City services available.  Rodney Dale, Administrator of the Estate of the late William Floyd Dale, Conley & Conley, Estate Attorney.IMG_6567

Parcel 2:  ABSOLUTE AUCTION!! – 346 N. Locust Street – Two story brick home with three apartments (Four rooms and one bath; Three rooms and one bath; second floor apartment with Three rooms and one bath, plus a large storage area at the front of the home that is in poor condition), and app. 2,592 sq. ft. of living space.  Large unfinished basement area for storage. Large deep lot, with Locust Street and Alley access.  All units are currently vacant and awaiting your tenants! Basement area for storage.  Current assessed value is $45,000.  Great location, and the property sells to the highest and best bidder – You set the price!

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Parcel 3:  AUCTION! OUT-OF-STATE OWNER SAYS SELL!! – 544 N. Broadway – Four unit two-story frame apartment building with vinyl and aluminum siding and (4) one bedroom apartments.  Each unit with central heat and air, and metered separately for all utilities.  Scheduled rental income of $1,050. per month, with three units presently rented and producing an income of $800 per month.  Large gravel parking area, nice back yard.  Current assessed value is $70,000.  2,964 sq. ft. of living space per PVA records.

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Terms:  10% down on the day of the auction, with the balance due on or before September 16, 2016.  A 6% Buyer’s Premium will be added to the final bid price to determine the total purchase price.

Rentals shall be prorated to the date of closing.  Rental deposits, if any, to be turned over to the purchaser at closing.  All properties were built prior to, or in 1978, and may contain lead-based paint.  Prospective purchasers shall have the right to conduct a risk assessment for lead-based paint hazards prior to the auction.  All properties are being sold as is, with the buyer waiving the right to any post auction inspection.  ALL SHOWN BY APPOINTMENT ONLY.

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