Absolute Estate Auction | 408 Chambers St, Paris, KY
Previous Page Listing ID#: 1468190

Auction Location

Paris, KY 40361
Auction Dates and TimesSALE IS COMPLETED
Tuesday Nov 29, 2022 Completed
Sunday Dec 11, 2022 Completed
Auction Type
 Live Auction with Online Bidding  VIEW ONLINE CATALOG
Company Information
McConnell Real Estate, Inc.

Website: www.soldbymcre.com/

GoToAuction.com ID#: 7778
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Listing Terms and Conditions
ANNOUNCEMENTS & TERMS OF SALE: Real Property Estate Auction | 408 Chambers Street, Paris, Kentucky 40361 Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix Sunday, December 11th, 2022 | 2:00 pm Terms on the Real Estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Friday, January 27, 2023 at closing with transfer of deed. On behalf of the Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix, we would like to welcome everyone. My name is Todd McConnell, Real Estate Broker and Principal Auctioneer, dba McConnell Real Estate, Inc. and we have been authorized to sell this Real Estate Property located at 408 Chambers Street, Paris, Kentucky 40361 at ABSOLUTE ESTATE AUCTION. This particular property is better described in Deed Book 187, Page 643 which is of record in the Office of the Bourbon County Clerk, Paris, Kentucky. We are Selling this Tract of Land with all improvements by the Lump Sum. There will be minimum bid increments of $500.00 at the discretion of the Auctioneer. We were informed the Electric, Water & Sewer Service is provided by City of Paris Combined Utilities; Gas Service is provided by Columbia Gas of KY; and Waste Collection is provided by Rumpke. 1. DEED: Title will be transferred by a recordable Special or General Warranty Deed, executed by the Seller(s) and shall be conveyed in fee simple on or before January 27, 2023. Time shall be of the essence in closing this sale. 2. POSSESSION: Full Possession with Deed. Purchaser acknowledges and understands that any items left on the premises at time of Closing will then go with Property as the Seller(s) and/or Auction Agents shall NOT be required to clean anything up or remove any items left on premises. 3. REGISTER TO BID: You must Register with Valid Photo ID to receive a Bid Number. No one should make a Bid they do not want to honor or are unable to honor. Bidder acknowledges that once a bid is offered, the Bidder shall be bound to the amount. There are no contingencies in the Auction Purchase Contract on obtaining financing or inspections. All bidding is open to the public. The Property is available to all qualified Purchasers without regard to race, color, national origin, religion, disability, gender, familial status, sexual orientation, or martial status. All willing and able parties have the right to bid and purchase this property being sold at Absolute Auction. 4. BUYER'S PREMIUM: There will be a TEN PERCENT (10%) Buyer's Premium added to the Highest Bid Amount to determine Final Contract Sales Price. 5. AUCTION PURCHASE CONTRACT: A. Once the high bidder is confirmed and the property has been declared sold by the Auctioneer. The high bidder(s) (purchaser) will be required to sign the Auction Purchase Contract for the amount of the high bid plus 10% Buyer's Premium which totals to the Contract Sales Price. B. Upon signing the Auction Purchase Contract, the Purchaser(s) will be required to pay an Earnest Money Deposit of Ten Percent (10%) of the Auction Purchase Contract Sales Price of the Subject Property in U.S. Dollars by Certified Funds or verifiable funds with proper identification acceptable to the Seller(s) and Auctioneer with photo I.D. The Earnest Money Deposit will be made payable to McConnell Real Estate, Inc. Escrow and deposited in McConnell Real Estate, Inc. Escrow Account on Monday morning, December 12, 2022. The Earnest Money Deposit will be credited to the Purchaser(s) at the time of closing with the balance due in US Dollars (by certified funds) on or before Friday, January 27, 2023 upon delivery of the deed. Failure to pay the balance due shall require the Purchaser to forfeit his or her down payment, execute a release in favor of the Seller(s) and Auctioneer and be subject to all other remedies available to the Seller(s) under the law. Time shall be of the essence in closing this sale. 6. REAL ESTATE TAXES: The real estate taxes on said property for the current year shall be adjusted in the following manner: all real estate taxes prior to 2023 are to be paid by the Seller(s); 2023 real estate taxes will be prorated to the date of the deed. 2024 and all subsequent years' real estate taxes are to be paid by the Purchaser(s). The 2022 City of Paris (District 02) Real Estate Tax Rate is $11.88 per $1,000.00. The PVA has assessed this Property at $150,000.00 for 2023 Working Tax Roll. 7. PROPERTY DISCLOSURES: A. Purchaser(s) acknowledges Property is being sold subject to all existing easements, including utility easements, planning and zoning regulations of record. Property and Improvements are being sold "AS IS", with no warranties expressed or implied other than the title. Regardless of any information stated or in print by the Auction Agents, the Purchasers have examined this property and improvements and are relying solely upon such examination with reference to any easements, the condition, character, and size of the Land and All Improvements and all other information. B. Lead Based Paint Warning Statement: Every prospective Purchaser is informed that the Improvements on this Property were built prior to 1978 and notification is given that the property may present exposure to Lead-Based paint. Prospective Purchasers are granted, by law, a period of 10 days the right to inspect any Building for Lead-Based paint. The time period allowed for risk assessment or inspection for possible Lead-Based paint hazards is established as the 10 day period preceding this Absolute Auction. The Purchaser of this property will be required to sign a waiver of any post-sale 10 day inspection period. Items staying with Property: all attached flooring; all attached flooring; all light fixtures including ceiling fan/light fixtures; wrought iron railing on porch; Appliances; Modified Trailer; Garage Door Opener; any items left on premises when Deed is given goes with the property; 1A. Not Included: folding tables, chairs and equipment owned by auction agents being used to conduct the auction. 8. INSURANCE: The Seller(s) shall bear the cost thereof and maintain hazard insurance on the property until date of closing. The current Insurance Coverage is with Liberty Mutual in the amount of $172,500 on the dwelling; and $17,250.00 on Other Structures. If said property is substantially damaged or destroyed by fire or other casualty prior to the closing of the transaction, PURCHASER shall proceed with the transaction in which event the Purchaser shall be entitled to all insurance money payable to Sellers under any and all policies of insurance covering the property so damaged or destroyed up to the amount of the sales price. After closing date the insurance coverage is no longer the responsibility of the seller(s). The Purchaser shall have the right of obtaining any increase of coverage or additional insurance coverage at Purchaser's expense. 9. OTHER TERMS & CONDITIONS: A. Purchaser(s) agree to hold harmless, the Seller(s) and Auction Agents for any damage to Property while being marketed and before closing date, and while people are inspecting this Property and during the Auction of the real estate. B. The responsibility of any grass mowing or upkeep of property grounds and property maintenance is the Purchaser's from today's date on. C. All announcements made from the Auction stand will take precedence over any prior information or printed matter. In the event of any dispute the Auctioneer's decision is final. ** It is hereby acknowledged that Sheila B. McConnell, is a Real Estate Licensee in the Commonwealth of Kentucky and relative of Principal Broker and Auctioneer, Todd McConnell.
Listing Information
ABSOLUTE REAL ESTATE AUCTION | ON-SITE & WEBCAST BIDDING Sunday, December 13th, 2022 at 2:00pm 408 Chambers Street, Paris (Bourbon Co.), KY 40361 Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix RESIDENCE: This Modified Home has unique potential. Offering a Brick Exterior with Interior split of frame built dwelling and trailer that has been modified to be used as adjoining residence. Framed side (Living Room, Two Bedrooms, Full Bathroom, Laundry Area) and Trailer side (Bedroom, Full Bathroom, Kitchen, and Dining Area). Additional Features: Attic Storage with pull-down stairs; Central Heating & Air Conditioning; Hardwood flooring; Covered Concrete Front Porch; Dimensional style roof; Detached Concrete Block Garage with Covered Concrete Area includes Above Floored Space for Storage or Build-out opportunity. Located on Four (4) Lots: 105, 106, 107 & 108 of Hillcrest Addition. Each Lot estimated to be 25 ft x 150 ft (copy of Plat is very difficult to see). UTILITIES: City of Paris Water, Sewer & Electric; Columbia Gas of KY; Rumpke Trash Collection; AUCTION PREVIEWS: Sunday, December 4th (1:00 - 3:00pm) & Wednesday, December 7th (4:00 - 6:00pm) This is an LIVE ON-SITE AUCTION with Four (4) Ways to Bids. Option No. 1: Register Online and place Pre-Bids from our Website. Option No. 2: Between now and 5:00pm on December 9th, 2022... Call our Office at (859) 987-3212 or email us at auctions@soldbymcre.com to place absentee bids. Please leave your Maximum Bids. We will use them fairly and competitively as if you were in person at the LIVE ON-SITE Auction. Option No. 3: Register and Bid Live in Person On-Site at the Property Location on Auction Date. Option No. 4: Register Online Now; then Follow Along Live Online at 2:00pm Sunday, December 11th, 2022 and Place Bids Online during the Auction via Webcast from our Website. Any Pre-Bids left through HiBid may be over-bid by the Live Onsite Attendees, Absentee Bids, or Online Webcast Bidders. Pre-Bids will be downloaded from this site on Sunday, December 11th, 2022 at 1:45pm. If you wish to bid after that time, please attend in person or place online bids via Webcast Bidding Option when Live Auction begins. There will be a 10% Buyer's Premium added to the Hammer Price to determine Final Sales Contract Price. ** It is hereby acknowledged that the Administratrix of Estate of Anne L. Brence, Sheila B. McConnell, is a Real Estate Licensee in the Commonwealth of Kentucky and relative of Principal Broker and Auctioneer, Todd McConnell.

1
LIVE ON-SITE AUCTION with WEBCAST BIDDING
This is an LIVE ON-SITE AUCTION with Four (4) Ways to Bids. Option No. 1: Register Online and place Pre-Bids from our Website. Option No. 2: Between now and 5:00pm on December 9th, 2022... Call our Office at (859) 987-3212 or email us at auctions@s...

2
Review All Auction Terms Before Bidding
Terms on the Real Estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Friday, January 27, 2023 at closing with transfer of deed. ANNO...

3
408 Chambers Street, Paris, Kentucky 40361
This Modified Home has unique potential. Offering a Brick Exterior with Interior split of frame built dwelling and trailer that has been modified to be used as adjoining residence. Framed side (Living Room, Two Bedrooms, Full Bathroom, Laundry Area) ...

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Absolute Estate Auction | 408 Chambers St, Paris, KY

McConnell Real Estate, Inc.

McConnell Real Estate, Inc.


Contact:
Phone:
Sale Location
408 Chambers Street
Paris, KY 40361
Sale Dates and Times
Tuesday Nov 29, 2022 Completed
Sunday Dec 11, 2022 Completed
Sale Terms and Conditions
ANNOUNCEMENTS & TERMS OF SALE: Real Property Estate Auction | 408 Chambers Street, Paris, Kentucky 40361 Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix Sunday, December 11th, 2022 | 2:00 pm Terms on the Real Estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Friday, January 27, 2023 at closing with transfer of deed. On behalf of the Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix, we would like to welcome everyone. My name is Todd McConnell, Real Estate Broker and Principal Auctioneer, dba McConnell Real Estate, Inc. and we have been authorized to sell this Real Estate Property located at 408 Chambers Street, Paris, Kentucky 40361 at ABSOLUTE ESTATE AUCTION. This particular property is better described in Deed Book 187, Page 643 which is of record in the Office of the Bourbon County Clerk, Paris, Kentucky. We are Selling this Tract of Land with all improvements by the Lump Sum. There will be minimum bid increments of $500.00 at the discretion of the Auctioneer. We were informed the Electric, Water & Sewer Service is provided by City of Paris Combined Utilities; Gas Service is provided by Columbia Gas of KY; and Waste Collection is provided by Rumpke. 1. DEED: Title will be transferred by a recordable Special or General Warranty Deed, executed by the Seller(s) and shall be conveyed in fee simple on or before January 27, 2023. Time shall be of the essence in closing this sale. 2. POSSESSION: Full Possession with Deed. Purchaser acknowledges and understands that any items left on the premises at time of Closing will then go with Property as the Seller(s) and/or Auction Agents shall NOT be required to clean anything up or remove any items left on premises. 3. REGISTER TO BID: You must Register with Valid Photo ID to receive a Bid Number. No one should make a Bid they do not want to honor or are unable to honor. Bidder acknowledges that once a bid is offered, the Bidder shall be bound to the amount. There are no contingencies in the Auction Purchase Contract on obtaining financing or inspections. All bidding is open to the public. The Property is available to all qualified Purchasers without regard to race, color, national origin, religion, disability, gender, familial status, sexual orientation, or martial status. All willing and able parties have the right to bid and purchase this property being sold at Absolute Auction. 4. BUYER'S PREMIUM: There will be a TEN PERCENT (10%) Buyer's Premium added to the Highest Bid Amount to determine Final Contract Sales Price. 5. AUCTION PURCHASE CONTRACT: A. Once the high bidder is confirmed and the property has been declared sold by the Auctioneer. The high bidder(s) (purchaser) will be required to sign the Auction Purchase Contract for the amount of the high bid plus 10% Buyer's Premium which totals to the Contract Sales Price. B. Upon signing the Auction Purchase Contract, the Purchaser(s) will be required to pay an Earnest Money Deposit of Ten Percent (10%) of the Auction Purchase Contract Sales Price of the Subject Property in U.S. Dollars by Certified Funds or verifiable funds with proper identification acceptable to the Seller(s) and Auctioneer with photo I.D. The Earnest Money Deposit will be made payable to McConnell Real Estate, Inc. Escrow and deposited in McConnell Real Estate, Inc. Escrow Account on Monday morning, December 12, 2022. The Earnest Money Deposit will be credited to the Purchaser(s) at the time of closing with the balance due in US Dollars (by certified funds) on or before Friday, January 27, 2023 upon delivery of the deed. Failure to pay the balance due shall require the Purchaser to forfeit his or her down payment, execute a release in favor of the Seller(s) and Auctioneer and be subject to all other remedies available to the Seller(s) under the law. Time shall be of the essence in closing this sale. 6. REAL ESTATE TAXES: The real estate taxes on said property for the current year shall be adjusted in the following manner: all real estate taxes prior to 2023 are to be paid by the Seller(s); 2023 real estate taxes will be prorated to the date of the deed. 2024 and all subsequent years' real estate taxes are to be paid by the Purchaser(s). The 2022 City of Paris (District 02) Real Estate Tax Rate is $11.88 per $1,000.00. The PVA has assessed this Property at $150,000.00 for 2023 Working Tax Roll. 7. PROPERTY DISCLOSURES: A. Purchaser(s) acknowledges Property is being sold subject to all existing easements, including utility easements, planning and zoning regulations of record. Property and Improvements are being sold "AS IS", with no warranties expressed or implied other than the title. Regardless of any information stated or in print by the Auction Agents, the Purchasers have examined this property and improvements and are relying solely upon such examination with reference to any easements, the condition, character, and size of the Land and All Improvements and all other information. B. Lead Based Paint Warning Statement: Every prospective Purchaser is informed that the Improvements on this Property were built prior to 1978 and notification is given that the property may present exposure to Lead-Based paint. Prospective Purchasers are granted, by law, a period of 10 days the right to inspect any Building for Lead-Based paint. The time period allowed for risk assessment or inspection for possible Lead-Based paint hazards is established as the 10 day period preceding this Absolute Auction. The Purchaser of this property will be required to sign a waiver of any post-sale 10 day inspection period. Items staying with Property: all attached flooring; all attached flooring; all light fixtures including ceiling fan/light fixtures; wrought iron railing on porch; Appliances; Modified Trailer; Garage Door Opener; any items left on premises when Deed is given goes with the property; 1A. Not Included: folding tables, chairs and equipment owned by auction agents being used to conduct the auction. 8. INSURANCE: The Seller(s) shall bear the cost thereof and maintain hazard insurance on the property until date of closing. The current Insurance Coverage is with Liberty Mutual in the amount of $172,500 on the dwelling; and $17,250.00 on Other Structures. If said property is substantially damaged or destroyed by fire or other casualty prior to the closing of the transaction, PURCHASER shall proceed with the transaction in which event the Purchaser shall be entitled to all insurance money payable to Sellers under any and all policies of insurance covering the property so damaged or destroyed up to the amount of the sales price. After closing date the insurance coverage is no longer the responsibility of the seller(s). The Purchaser shall have the right of obtaining any increase of coverage or additional insurance coverage at Purchaser's expense. 9. OTHER TERMS & CONDITIONS: A. Purchaser(s) agree to hold harmless, the Seller(s) and Auction Agents for any damage to Property while being marketed and before closing date, and while people are inspecting this Property and during the Auction of the real estate. B. The responsibility of any grass mowing or upkeep of property grounds and property maintenance is the Purchaser's from today's date on. C. All announcements made from the Auction stand will take precedence over any prior information or printed matter. In the event of any dispute the Auctioneer's decision is final. ** It is hereby acknowledged that Sheila B. McConnell, is a Real Estate Licensee in the Commonwealth of Kentucky and relative of Principal Broker and Auctioneer, Todd McConnell.
Listing Details
ABSOLUTE REAL ESTATE AUCTION | ON-SITE & WEBCAST BIDDING Sunday, December 13th, 2022 at 2:00pm 408 Chambers Street, Paris (Bourbon Co.), KY 40361 Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix RESIDENCE: This Modified Home has unique potential. Offering a Brick Exterior with Interior split of frame built dwelling and trailer that has been modified to be used as adjoining residence. Framed side (Living Room, Two Bedrooms, Full Bathroom, Laundry Area) and Trailer side (Bedroom, Full Bathroom, Kitchen, and Dining Area). Additional Features: Attic Storage with pull-down stairs; Central Heating & Air Conditioning; Hardwood flooring; Covered Concrete Front Porch; Dimensional style roof; Detached Concrete Block Garage with Covered Concrete Area includes Above Floored Space for Storage or Build-out opportunity. Located on Four (4) Lots: 105, 106, 107 & 108 of Hillcrest Addition. Each Lot estimated to be 25 ft x 150 ft (copy of Plat is very difficult to see). UTILITIES: City of Paris Water, Sewer & Electric; Columbia Gas of KY; Rumpke Trash Collection; AUCTION PREVIEWS: Sunday, December 4th (1:00 - 3:00pm) & Wednesday, December 7th (4:00 - 6:00pm) This is an LIVE ON-SITE AUCTION with Four (4) Ways to Bids. Option No. 1: Register Online and place Pre-Bids from our Website. Option No. 2: Between now and 5:00pm on December 9th, 2022... Call our Office at (859) 987-3212 or email us at auctions@soldbymcre.com to place absentee bids. Please leave your Maximum Bids. We will use them fairly and competitively as if you were in person at the LIVE ON-SITE Auction. Option No. 3: Register and Bid Live in Person On-Site at the Property Location on Auction Date. Option No. 4: Register Online Now; then Follow Along Live Online at 2:00pm Sunday, December 11th, 2022 and Place Bids Online during the Auction via Webcast from our Website. Any Pre-Bids left through HiBid may be over-bid by the Live Onsite Attendees, Absentee Bids, or Online Webcast Bidders. Pre-Bids will be downloaded from this site on Sunday, December 11th, 2022 at 1:45pm. If you wish to bid after that time, please attend in person or place online bids via Webcast Bidding Option when Live Auction begins. There will be a 10% Buyer's Premium added to the Hammer Price to determine Final Sales Contract Price. ** It is hereby acknowledged that the Administratrix of Estate of Anne L. Brence, Sheila B. McConnell, is a Real Estate Licensee in the Commonwealth of Kentucky and relative of Principal Broker and Auctioneer, Todd McConnell.

1
LIVE ON-SITE AUCTION with WEBCAST BIDDING
This is an LIVE ON-SITE AUCTION with Four (4) Ways to Bids. Option No. 1: Register Online and place Pre-Bids from our Website. Option No. 2: Between now and 5:00pm on December 9th, 2022... Call our Office at (859) 987-3212 or email us at auctions@s...

2
Review All Auction Terms Before Bidding
Terms on the Real Estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Friday, January 27, 2023 at closing with transfer of deed. ANNO...

3
408 Chambers Street, Paris, Kentucky 40361
This Modified Home has unique potential. Offering a Brick Exterior with Interior split of frame built dwelling and trailer that has been modified to be used as adjoining residence. Framed side (Living Room, Two Bedrooms, Full Bathroom, Laundry Area) ...

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Absolute Estate Auction | 408 Chambers St, Paris, KY
 Live Auction w/Online Bidding
Auction Date(s)
Tuesday Nov 29, 2022 Completed
Sunday Dec 11, 2022 Completed
Auction Location

Paris, KY 40361
Company
McConnell Real Estate, Inc.

Website: www.soldbymcre.com/

Listing Terms and Conditions
ANNOUNCEMENTS & TERMS OF SALE: Real Property Estate Auction | 408 Chambers Street, Paris, Kentucky 40361 Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix Sunday, December 11th, 2022 | 2:00 pm Terms on the Real Estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Friday, January 27, 2023 at closing with transfer of deed. On behalf of the Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix, we would like to welcome everyone. My name is Todd McConnell, Real Estate Broker and Principal Auctioneer, dba McConnell Real Estate, Inc. and we have been authorized to sell this Real Estate Property located at 408 Chambers Street, Paris, Kentucky 40361 at ABSOLUTE ESTATE AUCTION. This particular property is better described in Deed Book 187, Page 643 which is of record in the Office of the Bourbon County Clerk, Paris, Kentucky. We are Selling this Tract of Land with all improvements by the Lump Sum. There will be minimum bid increments of $500.00 at the discretion of the Auctioneer. We were informed the Electric, Water & Sewer Service is provided by City of Paris Combined Utilities; Gas Service is provided by Columbia Gas of KY; and Waste Collection is provided by Rumpke. 1. DEED: Title will be transferred by a recordable Special or General Warranty Deed, executed by the Seller(s) and shall be conveyed in fee simple on or before January 27, 2023. Time shall be of the essence in closing this sale. 2. POSSESSION: Full Possession with Deed. Purchaser acknowledges and understands that any items left on the premises at time of Closing will then go with Property as the Seller(s) and/or Auction Agents shall NOT be required to clean anything up or remove any items left on premises. 3. REGISTER TO BID: You must Register with Valid Photo ID to receive a Bid Number. No one should make a Bid they do not want to honor or are unable to honor. Bidder acknowledges that once a bid is offered, the Bidder shall be bound to the amount. There are no contingencies in the Auction Purchase Contract on obtaining financing or inspections. All bidding is open to the public. The Property is available to all qualified Purchasers without regard to race, color, national origin, religion, disability, gender, familial status, sexual orientation, or martial status. All willing and able parties have the right to bid and purchase this property being sold at Absolute Auction. 4. BUYER'S PREMIUM: There will be a TEN PERCENT (10%) Buyer's Premium added to the Highest Bid Amount to determine Final Contract Sales Price. 5. AUCTION PURCHASE CONTRACT: A. Once the high bidder is confirmed and the property has been declared sold by the Auctioneer. The high bidder(s) (purchaser) will be required to sign the Auction Purchase Contract for the amount of the high bid plus 10% Buyer's Premium which totals to the Contract Sales Price. B. Upon signing the Auction Purchase Contract, the Purchaser(s) will be required to pay an Earnest Money Deposit of Ten Percent (10%) of the Auction Purchase Contract Sales Price of the Subject Property in U.S. Dollars by Certified Funds or verifiable funds with proper identification acceptable to the Seller(s) and Auctioneer with photo I.D. The Earnest Money Deposit will be made payable to McConnell Real Estate, Inc. Escrow and deposited in McConnell Real Estate, Inc. Escrow Account on Monday morning, December 12, 2022. The Earnest Money Deposit will be credited to the Purchaser(s) at the time of closing with the balance due in US Dollars (by certified funds) on or before Friday, January 27, 2023 upon delivery of the deed. Failure to pay the balance due shall require the Purchaser to forfeit his or her down payment, execute a release in favor of the Seller(s) and Auctioneer and be subject to all other remedies available to the Seller(s) under the law. Time shall be of the essence in closing this sale. 6. REAL ESTATE TAXES: The real estate taxes on said property for the current year shall be adjusted in the following manner: all real estate taxes prior to 2023 are to be paid by the Seller(s); 2023 real estate taxes will be prorated to the date of the deed. 2024 and all subsequent years' real estate taxes are to be paid by the Purchaser(s). The 2022 City of Paris (District 02) Real Estate Tax Rate is $11.88 per $1,000.00. The PVA has assessed this Property at $150,000.00 for 2023 Working Tax Roll. 7. PROPERTY DISCLOSURES: A. Purchaser(s) acknowledges Property is being sold subject to all existing easements, including utility easements, planning and zoning regulations of record. Property and Improvements are being sold "AS IS", with no warranties expressed or implied other than the title. Regardless of any information stated or in print by the Auction Agents, the Purchasers have examined this property and improvements and are relying solely upon such examination with reference to any easements, the condition, character, and size of the Land and All Improvements and all other information. B. Lead Based Paint Warning Statement: Every prospective Purchaser is informed that the Improvements on this Property were built prior to 1978 and notification is given that the property may present exposure to Lead-Based paint. Prospective Purchasers are granted, by law, a period of 10 days the right to inspect any Building for Lead-Based paint. The time period allowed for risk assessment or inspection for possible Lead-Based paint hazards is established as the 10 day period preceding this Absolute Auction. The Purchaser of this property will be required to sign a waiver of any post-sale 10 day inspection period. Items staying with Property: all attached flooring; all attached flooring; all light fixtures including ceiling fan/light fixtures; wrought iron railing on porch; Appliances; Modified Trailer; Garage Door Opener; any items left on premises when Deed is given goes with the property; 1A. Not Included: folding tables, chairs and equipment owned by auction agents being used to conduct the auction. 8. INSURANCE: The Seller(s) shall bear the cost thereof and maintain hazard insurance on the property until date of closing. The current Insurance Coverage is with Liberty Mutual in the amount of $172,500 on the dwelling; and $17,250.00 on Other Structures. If said property is substantially damaged or destroyed by fire or other casualty prior to the closing of the transaction, PURCHASER shall proceed with the transaction in which event the Purchaser shall be entitled to all insurance money payable to Sellers under any and all policies of insurance covering the property so damaged or destroyed up to the amount of the sales price. After closing date the insurance coverage is no longer the responsibility of the seller(s). The Purchaser shall have the right of obtaining any increase of coverage or additional insurance coverage at Purchaser's expense. 9. OTHER TERMS & CONDITIONS: A. Purchaser(s) agree to hold harmless, the Seller(s) and Auction Agents for any damage to Property while being marketed and before closing date, and while people are inspecting this Property and during the Auction of the real estate. B. The responsibility of any grass mowing or upkeep of property grounds and property maintenance is the Purchaser's from today's date on. C. All announcements made from the Auction stand will take precedence over any prior information or printed matter. In the event of any dispute the Auctioneer's decision is final. ** It is hereby acknowledged that Sheila B. McConnell, is a Real Estate Licensee in the Commonwealth of Kentucky and relative of Principal Broker and Auctioneer, Todd McConnell.
ABSOLUTE REAL ESTATE AUCTION | ON-SITE & WEBCAST BIDDING Sunday, December 13th, 2022 at 2:00pm 408 Chambers Street, Paris (Bourbon Co.), KY 40361 Estate of Anne L. Brence by and through Sheila B. McConnell, Administratrix RESIDENCE: This Modified Home has unique potential. Offering a Brick Exterior with Interior split of frame built dwelling and trailer that has been modified to be used as adjoining residence. Framed side (Living Room, Two Bedrooms, Full Bathroom, Laundry Area) and Trailer side (Bedroom, Full Bathroom, Kitchen, and Dining Area). Additional Features: Attic Storage with pull-down stairs; Central Heating & Air Conditioning; Hardwood flooring; Covered Concrete Front Porch; Dimensional style roof; Detached Concrete Block Garage with Covered Concrete Area includes Above Floored Space for Storage or Build-out opportunity. Located on Four (4) Lots: 105, 106, 107 & 108 of Hillcrest Addition. Each Lot estimated to be 25 ft x 150 ft (copy of Plat is very difficult to see). UTILITIES: City of Paris Water, Sewer & Electric; Columbia Gas of KY; Rumpke Trash Collection; AUCTION PREVIEWS: Sunday, December 4th (1:00 - 3:00pm) & Wednesday, December 7th (4:00 - 6:00pm) This is an LIVE ON-SITE AUCTION with Four (4) Ways to Bids. Option No. 1: Register Online and place Pre-Bids from our Website. Option No. 2: Between now and 5:00pm on December 9th, 2022... Call our Office at (859) 987-3212 or email us at auctions@soldbymcre.com to place absentee bids. Please leave your Maximum Bids. We will use them fairly and competitively as if you were in person at the LIVE ON-SITE Auction. Option No. 3: Register and Bid Live in Person On-Site at the Property Location on Auction Date. Option No. 4: Register Online Now; then Follow Along Live Online at 2:00pm Sunday, December 11th, 2022 and Place Bids Online during the Auction via Webcast from our Website. Any Pre-Bids left through HiBid may be over-bid by the Live Onsite Attendees, Absentee Bids, or Online Webcast Bidders. Pre-Bids will be downloaded from this site on Sunday, December 11th, 2022 at 1:45pm. If you wish to bid after that time, please attend in person or place online bids via Webcast Bidding Option when Live Auction begins. There will be a 10% Buyer's Premium added to the Hammer Price to determine Final Sales Contract Price. ** It is hereby acknowledged that the Administratrix of Estate of Anne L. Brence, Sheila B. McConnell, is a Real Estate Licensee in the Commonwealth of Kentucky and relative of Principal Broker and Auctioneer, Todd McConnell.

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LIVE ON-SITE AUCTION with WEBCAST BIDDING
This is an LIVE ON-SITE AUCTION with Four (4) Ways to Bids. Option No. 1: Register Online and place Pre-Bids from our Website. Option No. 2: Between now and 5:00pm on December 9th, 2022... Call our Office at (859) 987-3212 or email us at auctions@s...

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Review All Auction Terms Before Bidding
Terms on the Real Estate Auction will require payment of 10% of the final sales contract price paid at auction close and the balance of final sales contract price is paid on or before Friday, January 27, 2023 at closing with transfer of deed. ANNO...

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408 Chambers Street, Paris, Kentucky 40361
This Modified Home has unique potential. Offering a Brick Exterior with Interior split of frame built dwelling and trailer that has been modified to be used as adjoining residence. Framed side (Living Room, Two Bedrooms, Full Bathroom, Laundry Area) ...