303 Danville Street , Lancaster, KY 40444(Garrard County)

You can manually bid each time or conveniently use the Maximum Bid feature & let the computer automatically bid for you in increments just over the next highest bidder or until it reaches your max bid.

PLEASE FOLLOW THE PROMPTS TO REGISTER BY CLICKING THE ONLINE BIDDING LINK & OBTAINING A USERNAME & PASSWORD ALONG WITH SECURED CREDIT CARD REGISTRATION FOR AUTHENTICATION. THEN GET READY TO BID!

PROPERTY DESCRIPTION:

Tract A This unique property on 0.52 acres m/l offers amazing potential, boasting 3,836 sq. ft. +/- of living space plus an additional 1,028 sq. ft. +/- semi-finished enclosed sunporch area with 378 sq. ft +/- attached garage making a total of 5,242 sq. ft. +/- of useable space. This massive structure was previously used as a private residence and also a former daycare facility. It was built with the future in mind, being planned and built for 5 separate apartment units having 5 HVAC Units / 5 electric meter bases / 5 breaker boxes / 5 washer & dryer hookups / 5 water heaters / 5 bathrooms and more! If converted to apartments each of the 5 units would offer 2 bedrooms and 1 bath each. There are currently 2 full kitchens, (1 on main level and 1 upstairs) plus 3 additional kitchens were built into the plan having plumbing and electric already in place. While the space is amazing, this property needs some work considering it has been vacant for the past five years. Please inspect prior to bidding. Property is sold AS IS.

Tract B - Offers 2.62 acres m/l with an access easement off Danville Street. Property is mostly wooded but appears it could easily be cleared if desired. Property offers unlimited privacy but has significant development potential. Property also has an older barn and stream. Electric, city water and city sewer nearby.

VIEWING: View Online, by Appointment or Preview at OPEN HOUSE Saturday, May 31st from 11:00 A.M. to 1:00 P.M. EDT (Fast Time).

DYNAMIC SOFT CLOSE: Golden Rule Wilson Real Estate & Auction #2, LLC (Hereinafter referred to as Golden Rule Wilson, LLC) Online Auctions are timed events and all bidding will close at specified time. Golden Rule Wilsons online auctions also have an auto extend feature. If a bid is placed in the final 3 minutes of an auction, the close of the auction will be automatically extended 3 minutes from the time the bid was placed. Example: if an auction scheduled to close at 7:00 receives a bid at 6:59, the close time will automatically extend 7:02. The auto extend feature remains active until no further bids are received within a 3-minute time frame. You can manually bid each time or conveniently use the Maximum Bid feature & let the computer automatically bid for you in increments just over the next highest bidder or until it reaches your max bid.

TERMS: REAL ESTATE: Non-refundable 20% down within 48 hrs. of auction ending via cash, good check or wire transfer & close on or before 30 days. No contingencies - If you cant close dont bid. This purchase is NOT contingent upon appraisals, inspections, etc. - so please have your financial arrangements made prior to bidding. A 10% Buyers Premium will be added to the final bid to determine final sales price. The 2025 property taxes to be prorated at closing if sold as a whole, Seller is to pay if sold in multiple tracts. Property to be transferred with a good insurable General Warranty Deed. Purchaser is responsible for own title search if desired. Purchasers are responsible for own due diligence and verification of any information provided. Property is sold "AS IS, WHERE IS" condition, please inspect. See full terms and conditions upon registration.

BUYERS PREMIUM: 10% Buyers Premium applies.

AUCTIONEERS NOTE: We are excited to host this auction for the Woodward Estate! This is a great opportunity for a permanent residence or a multi-unit complex that could be a great source of income. This is such a unique house with potential, so get online and get bidding at your price!

Note: The purchaser will be required to sign a lead-based paint waiver as required on any property built prior to 1978.