Real estate is subject to the Auto Extend ALL feature. In Auto extend ALL, if a bid is placed on any biddable lot within 5 minutes or less of closing, it will extend the end time of ALL biddable lots by an additional 5 minutes. (The computer will add the remaining time of 5 minutes or less and the additional 5 minutes) For Example: 4.32 of time left + the additional 5.00 minutes = 9.32 (9 minutes, 32 seconds). Bidding will remain open on all lots until bidding has stopped on ALL lots.

If you plan to obtain any type of government guaranteed loan such as VA, FHA, RHS or KY Housing Corporation, PLEASE DO NOT BID! Some homes will not pass a government backed loan inspection. There are no financing contingencies for homes sold at auction.

Real Estate is sold AS IS, WHERE IS, with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of the real estate and bid accordingly. Inspection of the real estate is highly recommended so you, the bidder, can judge the quality of the real estate for yourself before bidding. All sales are final.

TERMS & CONDITIONS: REAL ESTATE: a.) That the terms of the sale shall be either cash or ten percent (10%) of the purchase price in the form of a cash deposit at the time of the sale and balance of the purchase price on a credit of 30 days. If the purchaser elects to take credit for the balance, then the purchaser will be required to post bond and furnish acceptable surety thereon. Said bond shall be for the unpaid balance of the purchase price and bear interest at the rate of 6 percent (6.00%) per annum from the date of sale until paid. The Master Commissioner will retain a lien upon the subject real property sold to secure the payment of the sale price. b.) All delinquent taxes will be paid from the proceeds of the sale. The 2024 taxes will be prorated to the date of closing. The property shall be sold “as is” and possession shall pass to the purchaser(s) upon delivery of deed. Risk of loss shall pass to the purchaser(s) upon execution of bond of sale or payment of the purchase price in full whichever occurs first; and c.) The real property shall be sold free and clear of any right, title or interest of all parties to the action and all liens and encumbrances thereon of any party. The sale of the real estate shall be made subject to all zoning and building regulations, restrictions, ordinances, easements, covenants, and rights-of-way, or record or otherwise. Other online bidding terms apply, see BarrRealtyAuction.com for details. This is a court ordered Master Commissioner auction. The terms for this auction are different than those for a normal auction. Please read the terms and conditions closely. If you do not understand the terms, call the auctioneers for explanation, or please do not place bids. BUYERS PREMIUM: A 6% buyer’s premium will be added to all winning bids to determine the final selling price. IMPORTANT NOTICE: All real estate sold as is where is condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed 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 inspect 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. 

Parcel 1: 455 Thad Redman Road, Payneville, KY 40157, consisting of 2.65 acres with a home, shop and storage buildings. The home has approximately 3,010 square feet of finished living space. The ground level contains 2,255 square feet which includes three bedrooms, two bathrooms, large kitchen with oak cabinets, a pantry located off the kitchen, living room, laundry room, utility room, and covered front porch. The main bedroom has a bathroom, walk in closet, and a concrete reinforced storm shelter. A portion of the home has a second story that is approximately 755 square feet with three bedrooms and a bathroom. The home is heated by a gas furnace and cooled by a central air unit. The water supply is an oversized cistern with the gutters from the home plumbed to it. Other improvements feature a 24 ft. x 34 ft. (816 square foot) shop building with concrete floor and overhead garage door. A 12 ft. x 16 ft. storage building with a 8 ft. x 12 ft. porch is situated on top of the water cistern. The land contains 2.65 acres of open land with some shade trees and 318 feet of road frontage on Thad Redman Road. Important: A bank letter of credit is required to bid on this property. An example of this letter is in the attached documents. Zoning: Zoned R1-Residential. To view a virtual tour of the interior of the home, CLICK HERE.

Parcel 2: 457 Thad Redman Road, Payneville, KY 40157, this parcel has 83.8 acres with approximately 15 to 20 acres of open area, the remainder in woods. The seller advised that two timber buyers have indicated that the timber will be ready for a harvest in approximately 10 years. The land has 1,286 feet of road frontage on Thad Redman Road. The land boasts three buildings including a 40 ft. x 60 ft. (2,400 square foot) metal sided shop building with three overhead garage doors, concrete floor, electric wiring, and a 560 square foot workshop area within this building. The second building is a 50 ft. x 72 ft. (3,600 square foot) barn with two overhead garage doors and open ceiling center area. There is a loft and animal stalls on each side of the barn. The third building is 24 ft. x 24 ft. (576 square foot) with wood siding, currently used for storage. Important: A bank letter of credit is required to bid on this property. An example of this letter is in the attached documents. The land is zoned R1-Residential and A2-Agricultural. To view the aerial drone video of the property, CLICK HERE.