ABSOLUTE LIVE/ONLINE AUCTION
EUGENE POTTER’S HOUSE – BUILDING –
GARAGE & 18.5 ACRES IN TRACTS
SATURDAY, JULY 12TH @ 10:30 A.M.
637 SHUG RD., MT VERNON, KY
An outstanding opportunity to purchase a home, former daycare, large garage/workshop, barns and 18.5 acres offered in six tracts. This versatile property in Rockcastle County will be sold absolute to the highest bidder.
TRACT 1 is 7.150 acres with a well-kept 3 bedroom, 1.5 bath shake siding house overlooking a beautiful stocked pond. House features large family room, formal living room, eat-in kitchen, utility room, covered porches and storage building. Also improved with a storm cellar. Good balance of woods and cleared land. A peaceful, scenic setting ideal for living or retreat. This tract shares a driveway with tract 2. Tracts 1 & 2 share a water meter. If this tract is sold separate from tract 2, there will be a septic easement on a portion of tract 1 in favor of tract 2.
TRACT 2 is 2.740 acres with a 23x64 mobile home (no title) that formerly served as a daycare. It features a kitchen, 1 bathroom and attached 25x32 garage – perfect for a workshop or business- with a boiler unit for heat. 2 additional storage buildings are included. Mobile home could be easily converted into residence or apartment. This tract shares a driveway with tract 1. See plat for details. Buyer is responsible to disconnect boiler unit line from tract 1 to 2. If this tract is sold separate from tract 1, there will be a septic easement on a portion of tract 1 in favor of tract 2. Tracts 1 & 2 share a water meter. If this tract sells separate from tract 1, this tract will need to install its own water meter.
TRACT 3 consists of 2.92 acres and large barn. Great potential for a homesite or small farm.
TRACT 4 is 2.183 acres located in the Quail View Subdivision. This parcel joins a small creek, has water and electricity available, and is subject to subdivision restrictions. Excellent building site potential.
TRACT 5 consists of 2.412 acres with creek frontage. Located in the Quail View Subdivision and access by Potter Drive (an undeveloped drive). Water and electricity available. Subject to restrictions.
PREVIEW: Thursday, July 3rd & Friday, July 11th from 3-6 p.m.
NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property of lead-based paint. The period for inspections begins July 2nd through July 11th. The successful bidder must sign a waiver of the 10-day inspection period.
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: Real Estate - 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.
Matthew Silcox, Apprentice Auctioneer
Sam Ford, Auctioneer
TERMS: Real Estate - 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.