Ad Id: 1268388
Posted By:	Chris Colson Auction & Realty Co., LLC of Paducah, KY (item located in Salem, KY)
		Category:	Real Estate/Residential
Member Since:	July 14, 2011	Date Posted:	April 13
Account Type:	Pro	Date Modified:	April 13
Phone:	Please login to see phone number.	Ad Expiration:	May 13
Web Site:	http://www.colsonsells.com

ABSOLUTE ONLINE AUCTION

ROBERT BRADFORD ESTATE W/EXTRAS

ONLINE ONLY

BID FROM ANYWHERE!

SELLING: CHARMING BRICK HOME W/3 BEDROOMS, CARPORT, & DETACHED GARAGE

ALSO SELLING: 2007 CHEVROLET TRUCK, LAWN MOWER, TOOLS, FIREARMS, SPEED QUEEN WASHER & DRYER, HOUSEHOLD GOODS, FURNISHINGS & MORE!!

When:

Bidding Begins Tuesday, April 21^st @ 6:00P.M.

Bidding Begins Closing Tuesday, May 5^th @ 6:00 P.M.

PREVIEWS:

·       SATURDAY, APRIL 25 - 10 AM - 12PM (FIREARMS PRESENT)

·       THURSDAY, APRIL 30 - 3 PM – 5PM (FIREARMS NOT PRESENT)

Subject Property Address: 408 North Hayden Avenue, Salem, KY 42078

Pick-up date after the close of the auction:  Saturday, May 9^th from 8 AM – 5 PM 

Bring Invoice

NOTE:  Firearms will be picked-up from the FFL Dealer not the auction site

Directions: Starting from HWY 60 West Main St. in downtown Salem, KY turn onto N. Hayden Ave. & proceed +/- 0.2 miles arriving at property on left.  Signs posted. 

Home & Property:

Real Estate:  grounds consist of +/- 1/3-acre lot w/asphalt drive to home and detached garage, concrete sidewalk, & mature shade trees

Home Exterior:   brick exterior, wood soffit & gables, metal roof, wrought iron posts on front porch, shutters, & gutters

Home Interior:  front door entry opens to a +/- 18’2” x +/- 13’6” family room with a ceiling fan, & twin-windows

Eat-In Kitchen:  +/- 20’6” x +/- 11’6” upper & lower cabinets, built-in stove, free-standing stove (offered separately), black Frigidaire refrigerator w/water & ice in door (offered separately), ceiling fan, patio door leading to closed-in patio, & chandelier light

Utility Room:  +/- 5’3” x +/- 7’ w/Speed Queen washer & dryer (offered separately), 30-gallon Reliance electric water heater, square-D 200-AMP electric service panel (circuit breakers)

Full Bathroom:  +/-11’2” x +/- 6’9” w/linen closet, vanity w/sink, tub/shower enclosure, commode, exhaust fan w/heater & light, & window

Bedroom #1:  +/-11’6” x +/-10’1” w/clothes closet, ceiling fan, & 2-windows

Bedroom #2:  +/13’6” x +/-10’8” w/clothes closet, ceiling fan, & 3-windows

Bedroom #3:  +/-14’1” x +/-11’6” w/clothes closet, ceiling fan, & 2-windows

Utilities:  City water, municipal sewer, propane gas +/-250-gallon tank stays with property, Amana central HVAC heat pump heat/air, baseboard backup heat

Detached Garage:  44’x26’ 2-car garage/shop with power, 16’x7’ overhead door with opener, man door, metal siding & roof, second 9’x7 overhead door on side of building that opens into a

+/-12’x+/- 21’ lean to on end of garage

Real Estate – Terms & Conditions:

This is an online-only absolute auction. Bidding opens Tuesday, April 21^st @ 6:00 P.M. and begins closing Tuesday, May 5^th @ 6:00 P.M.  (soft-close/extended bidding may apply-see below). A 10% buyer’s premium will be added to the winning bid to determine the contract price. Example: $70,000.00 bid + 10% premium (7,000.00) = $77,000.00 total contract price.

Registration & Bidding: All bidders must register online with valid identification & credit card and agree to these terms & conditions. Auctioneer reserves the right to verify bidder identity and proof of funds or preapproval.

Bidding Extensions: If a bid is placed within the final minutes, bidding may be extended to ensure fairness.

Purchase Agreement & Earnest Money Deposit: The successful bidder must sign a Purchase Agreement within 24 hours of the closing of the auction either in person or by email.  A non-refundable 15% Earnest Money Deposit, EMD is due within 24 hours of close of auction. 15% EMD is to be paid by check (in person), or wire transfer within 24 hours of the closing of the auction.

Buyers will prearrange financing necessary to make desired purchase(s) prior to registration.

Real Estate Wiring Instructions

1.     Bank Routing Number:  083900402

2.     Bank Name:  Paducah Bank 555 Jefferson St. Paducah, KY 42001

3.     Beneficiary Name: Chris Colson Auction & Realty Co. LLC (Escrow Account)

4.     Beneficiary Account Number: 938288

5.     Reference: Bid Number

6.     Purchaser/s add $11.95 to bid total for domestic wire fee

Real estate closing with winning purchaser will take place on or before Friday, June 19, 2026.  Buyer is responsible for all closing costs, attorney fees, lending fees, unless otherwise stated.  Seller will convey a clear title and a warranty deed.  Seller will transfer property free of mortgages, liens, or encumbrances except that of record such as but not limited to the power company, cable company, water company, etc.  Possession is granted at closing.

Absence of Warranties & Disclaimers:  All information contained herein, and all related materials, are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company.  Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy.  Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

BUYERS, PLEASE MAKE NOTE AND UNDERSTAND THE FOLLOWING TERMS. CHRIS COLSON AUCTION & REALTY CO LLC CHARGES A 10% BUYER’S PREMIUM ON ALL INTERNET PURCHASES. ALL INTERNET BUYERS ARE REQUIRED TO HAVE A VALID CREDIT/DEBIT CARD ON FILE WITH PROXIBID. Buyers must register prior to bidding and must be of legal capacity to enter into this agreement. All bidders must provide their name, company (if applicable), mailing address, physical address, phone number and email address prior to the auction. 10% Buyer’s Premium & KY 6% sales tax will be added to all sales for each lot.

Buyers will prearrange financing necessary to make desired purchase(s) prior to registration.

Auction Terms: 

This is a timed online only absolute auction. By registering for this auction and bidding you agree to all the terms and conditions listed above & below.

1. Lien-free title delivered on Chevy truck once payment is collected and has cleared the auctioneer’s escrow account.  Delinquent taxes (if any) will be paid by the estate.  If a clear title or lost title has to be reapplied for through Frankfort, a 45-day grace period will apply to provide a good title or your money back.   


2. All tax exemptions must be sent to the office prior to invoices being paid. No refunds will be given for sales-tax exemptions once payments are processed. Please inform us if you are tax exempt. Resale certificates must be on file with the auction company in advance of sale day.  Ky sales tax is 6%.  NOTE: (all vehicle taxes will be collected at the time of registration, NOT AT THE AUCTION)


3. Occasionally an item must be removed from the auction due to circumstances beyond our control. If there is an item that you are interested in, please call ahead of time to ensure that it is still registered into the auction.


4. Currency Accepted: Credit or debit cards only.  Payment by credit/debit card is due upon the closing of the auction on ALL ONLINE BIDS except for truck and home.


5. Previews:  Saturday, April 25^th 10 A.M. – 12 P.M. & Thursday, April 30^th 3 P.M. - 5 P.M.


6. Invoice/paid receipt notifications may be automatically blocked or put into a deleted/junk/ spam folder. It is the bidder's responsibility to contact us regarding their invoice if it is not received within a 24-hour period.


7. The online listing catalog is to be used a guide and guide only, its accuracy cannot in any way be guaranteed or warranted. No sale shall be invalidated or void, nor shall auctioneer be liable for any inaccuracies in the catalog and each bidder assures that all lots were available prior to the offering for pre-inspection prior to bidding.


8. When the bidder bids on an item and is accepted it is a LEGALLY-BINDING AGREEMENT, and as such is not removable.


9. Auctioneer shall not, for any reason be responsible for loss, theft, or damage of any kind to any items purchased, the item’s security and protection solely reside with the purchasers.


10. The amount owed to the auction company will be carefully and accurately represented and shown on a company generated invoice, no 3^rd party invoice or receipt communications shall be considered binding nor accepted as amount owed.  Invoice/s will be sent to purchaser/s disclosing the total purchase price.


11. If payment by credit card is not collected immediately upon the close of the auction, purchaser may be assessed late penalties and/or including being reported to HIBID for nonpayment and you will be blocked from any further bidding.


12. All items are subject to being pulled from the auction up to and including day of the auction for any reason that auction company deems fit, without prior notification.


13. Pickup: All items are expected to be picked up on a designated day following the auction. That day will be Saturday, May 9^th between the hours of 8 A.M. & 5 P.M. but is subject to change.  All bidders will be notified if pickup date must be changed.  Any items not picked up within the described window and/or prior arrangements have not been made and acknowledged by the auction company in writing, will incur storage and handling fees and will be sold ABSOLUTE in our next auction at the new owner's expense. All fees and charges including storage and commissions will be deducted from the sales price and the balance will be sent to them in the form of a company check mailed to their address on file.


14. Warranty: Online inventory and any auction-day catalogs are guides only, auction company is not responsible for incorrect information online or in catalogs. The auction company uses the most up-to-date resources to collect any and all info for specifics. Special preview appointments can be made by calling Chris Colson Auction & Realty Company.  All information is gathered from what is believed to be reliable sources and is believed to be correct but not guaranteed. Bidders will hold harmless Chris Colson Auction & Realty Co. LLC and its representatives.  Chris Colson Auction & Realty Co. LLC assumes no liability for errors or omissions in the listings of any of the merchandise included in this auction including year, type, manufacturer, make, model, usage, they are represented but unverified information and accuracy is not guaranteed.  Chris Colson Auction & Realty Co. LLC will attempt to describe the merchandise accurately, however; the sole and complete responsibility to determine condition, age, genuineness, and value of each piece lies with the bidder and or their representatives.


15. All statements made by the auctioneer supersede anything previously mentioned or described in print or verbally. Please call prior to sale day and bidding with any questions or concerns.


16. Auctioneer reserves the right to refuse any bid for any reason which they consider to be an insignificant advance over the preceding bid or is not in the best interest of the seller.


17. Items will be available for preview based upon the times noted in the terms. Previewing the items is always recommended prior to bidding as all bidders are solely responsible for personally inspecting the item and verifying any information presented here or elsewhere. Items and their descriptions are subject to change, correction, updating and/or cancellation at any time without notice.


18. This auction is being performed online and controlled by an independent 3rd party, and as such the functionality of the third party’s site is in no way the responsibility of Chris Colson Auction & Realty Co. LLC, thus no bidder may hold Chris Colson Auction & Realty Co. LLC responsible for missed bids, electronic transmissions sent from the 3rd party, nor technology challenges experienced prior to, on the day of auction, nor after the auction. Electronic communications between you the bidder and the bidding platform are just that- communications between you and the bidding platform. Chris Colson Auction & Realty Co. LLC is in no way liable nor expected to honor the automatically generated communications from 3rd party entities. It is encouraged, to guarantee your bid is received, that you place your maximum bid via the proxy bid option 24 hours in advance.


19. It is the bidder's responsibility to know which item they are currently bidding on.  The item becomes the property of the winning bidder.


20. No items will be released under any circumstances unless all cost, fees, and taxes are paid in full and all signed paperwork if any has been returned. This is an absolute auction - ALL SALES ARE FINAL!


21. By registering for this auction, you are authorizing Chris Colson Auction & Realty Co. LLC to use for their sole discretion your contact information to collect balances and contact you for promotion or advertising.


22. All disputes or legal matters if any should arise will be addressed in mediation prior to other proceedings and will be conducted in KY.


23. Chris Colson Auction & Realty Co LLC is licensed and regulated by the KY Board of Auctioneers.

Chris Colson Auction & Realty Co. LLC

3250 Key Drive Paducah, KY 42003 (270) 444-0031

Chris Colson, Principal Auctioneer KY Lic# 258785

www.colsonsells.com

Removal will be expected to be completed Saturday, May 9^th from 8 A.M. - 5 P.M.

Bidding Notice: 10% buyer’s premium will be added to each invoice. PICKUP ONLY!!!!!! NO SHIPPING!!!!!! All bids are final.  No refunds will be issued.  No items will be picked up until all items are paid for in full.  It is the bidder’s responsibility to ensure they are able to remove items.  All of our auctions have a soft close.  Purchaser does hereby indemnify and hold harmless the auctioneer and seller from any and all damages, claims or liabilities from injuries to persons or property of any type whatsoever caused during the removal of items purchased. This is an internet-only auction. All bidding activity will take place online.  Auction company or owner is not responsible for accidents during pickup.

New Information, Corrections & Changes:  Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.


For more information please visit our website at colsonsells.com!