117 ACRES - HOUSE - BUILDINGS - PONDS - COUNTY WATER - ONLINE BIDDING ONLY ENDS TUES., JULY 1ST @ 4:00 PM EDT

MASTER COMMISSIONER
COURT ORDERED
AUCTION
ONLINE BIDDING ONLY ENDS
TUES., JULY 1ST @ 4:00 PM EDT
LOCATED IN MEADE COUNTY in the Garrett Community at 7517 Brandenburg Road, Ekron, KY 40117. From Brandenburg Station, take Hwy 313 east two miles to Brandenburg Road, turn right and continue 2 miles to the real estate. (signs posted)
BARR REALTY & AUCTION CO., INC. has been selected by Doug Vowels, Master Commissioner, to conduct this online only court ordered auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes, Evan Barr, Apprentice Eric Barr, and Realtor Jacob Henning with offices in Hardinsburg and Brandenburg, KY.
117 ACRES - HOUSE - BUILDINGS - PONDS
ROAD FRONTAGE - COUNTY WATER
Selling in One Parcel
Going on the auction block, selling by online bidding only, will be the following real estate selling in one parcel. 117 acres with approximately 103 acres of open land and the balance being wooded. Improvements and amenities include an approximately 1,200 square foot concrete block house in need of repairs, a 24 ft. x 40 ft. metal sided shop building, three large ponds, paved road frontage on Hwy 144, county water availability and a dilapidated barn. The deed descriptions total 117.18 acres. This farm is being sold by the boundary and not by a per acre basis. If the buyer has the farm surveyed and the total acreage is different than advertised, the selling price will not change. This is a court ordered Master Commissioner auction. The terms for this auction are different from those of a usual 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.
Watts Family, Owners
All items are subject to the Auto Extend Feature. In Auto Extend, if a bid is placed on any lot within 5 minutes or less of closing, it will extend the end time of that individual lot 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).
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 real estate 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. 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.
Important: Please view all provided documents located in the document tab prior to bidding.
117 acres with approximately 103 acres of open land and the balance being wooded. The wooded area does have marketable timber. Improvements and amenities include an approximately 1,200 square foot concrete block house in need of repairs, a 24 ft. x 40 ft. metal sided shop building, three large ponds, paved road frontage on Hwy 144, county water availability and a dilapidated barn. The deed descriptions total 117.18 acres. This farm is being sold by the boundary and not by a per acre basis. If the buyer has the farm surveyed and the total acreage is different than advertised, the selling price will not change. This is a court ordered Master Commissioner auction. The terms for this auction are different from those of a usual 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. The deed descriptions total 117.18 acres. This farm is being sold by the boundary and not by a per acre basis. If the buyer has the farm surveyed and the total acreage is different than advertised, the selling price WILL NOT CHANGE. Subject to Right of Way and Easement Agreement dated June 30, 1999 between Booker T. Watts Estate and Vyvx, Inc. of record in Deed Book 422, Page 512 in the office of the Meade County Court Clerk. May be subject to an Oil and Gas Lease dated December 10, 2002 between Norman Watts and Mary E. Watts, his wife, and DevX Energy, Inc. of record in Deed Book 466, page 529, in the office of the Meade County Court Clerk. May be subject to an Oil and Gas Lease dated December 10, 2002 between Edith I. Churchill and DevX Energy, Inc. of record in Deed Book 469, Page 270, in the office of the Meade County Court Clerk. May be subject to an Oil and Gas Lease dated December 10, 2002 between Booker T. Watts, Jr. and DevX Energy, Inc. of record in Deed Book 469, Page 325, in the office of the Meade County Court Clerk. A portion of the neighboring property’s decorative brick and wooden fence, owned by Fast Investments, LLC, is on the real estate. There are cattle located on a portion of the property. When looking at the property, please close all gates after opening.
CLICK HERE TO VIEW AN AERIAL DRONE VIDEO OF THE PROPERTY.