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ABSOLUTE AUCTION - SHIRLEY POAT LIVING ESTATE
Price: Unspecified, check adAd # 1235064
Posted By: Chris Colson Auction & Realty Co., LLC of Paducah, KY
Item Location: Benton, KY
Date Posted: May 3
Expiration: June 02
Category: Real Estate/Residential
Phone: Please login
Account Type: Classic
Web Site: http://www.colsonsells.com
ABSOLUTE AUCTION
SHIRLEY POAT LIVING ESTATE
JAMES POAT ESTATE

ATTN: INVESTORS & HOMEBUYERS
NEAR SHARPE ELEMENTARY SCHOOL
QUIET NEIGHBORHOOD * NON-THROUGH TRAFFIC

SELLING:  MARSHALL COUNTY MINI-FARM WITH
3 BD RM HOME, BARN WITH STALLS & LOFT,
+/-5.7 ACRES, FENCED PASTURES, & POND.

ALSO SELLING: GMC TRUCKS, HORSE & UTILITY TRAILERS, MISC. TOOLS, FIREARMS, HORSE TACK, COLLECTIBLES,
CLUB CAR UTV, FISHING BOAT, APPLIANCES,
HOME FURNISHINGS, KEN HOLLAND PRINT & MUCH MORE!



Date & Time: Saturday, June 1st, 2024 @ 10 AM

Subject Property Address: 23 Dawes Ln. Benton, KY 42025

Directions:  Take I-24 Exit 16 turning onto US-68 E.  Take US-68 East +/- 2.7 miles turning left onto Sharpe School Rd. (State Hwy 1042) Sharpe Elementary School is on the corner.  Continue +/- 1.1 mile turning right onto Scale Rd. (KY-795 S).  Proceed on Scale Rd. +/- 0.5 miles turning left onto Dawes Ln. arriving at property on left. 
Auction held on site rain or shine.
Signs posted.

REAL ESTATE:
Home Exterior Grounds: Concrete driveway and sidewalk leading to home.  White rock driveway from home to barn behind home. Mature shade trees in front and rear of home, flower beds, and fenced pastures.

Home Exterior Overview: Footer/foundation with basement, vinyl siding and soffit, dimensional asphalt/fiberglass composite shingles, gutters, vinyl replacement windows, covered front porch, large wooden deck in rear of home, and concrete pad for parking in rear of home.

Home Interior Overview: This ranch style home consists of 3 bedrooms, 1 full bath (Re-Bath shower), kitchen, wood burning masonry fireplace, garage, and unfinished basement. Interior of home is in need of repairs.  The exterior of the home appears to be in good condition.  Shingles, HAVAC, and hot water heater have all been upgraded and are in good condition.  The home’s total square feet under roof is +/- 2,698 sq. ft. with the breakdown as follows:  Main level +/- 1,455 sq. ft., garage +/- 681 sq. ft., basement +/- 422 sq. ft. & the covered front porch contains +/- 140 sq. ft.

Home Interior: Living Room: +/- 15’ 7” x +/- 11’ 4” with fireplace, carpet, paneling, tile ceiling, crown molding, & twin windows. Bedroom #1: +/- 13’ 4” x +/- 12’ with walk-in clothes closet, carpeting, paneling, drywall textured ceiling, crown molding, & twin windows. Bedroom #2: +/- 15’ 4” x +/- 13’ 4” with walk-in clothes closet, carpeting, paneling, drywall textured ceiling, crown molding, & twin windows. Bedroom #3: +/- 11’6” x +/- 11’ 7” with clothes closet, carpeting, paneling, drywall textured ceiling, crown molding, & one window. Bathroom: +/- 12’ 2” x +/- 7’ 5” with a large vanity and make-up mirror w/lightbar, Re-Bath shower, linen closet, commode, linoleum, wallpaper, tile ceiling crown molding, & one window. Kitchen (Eat-In): +/- 16’ 5” x +/- 11’ 7” with dining area, upper and lower kitchen cabinets, double bay stainless-steel sink, Spectra electric range (offered separate), GE microwave built-in (stays with home), large side-by-side Frigidaire stainless steel refrigerator (offered separate), paneling, wallpaper, wood siding, drywall textured ceiling, & patio doors that lead outside to back deck. Office/Sewing Room: +/- 9’ 5” x 9’ 2” with paneling, drywall, carpeting, drywall ceiling smooth finish, & twin windows. Basement: +/- 24’ 7” x +/- 17’ 2” unfinished, HVAC air handler, hot water heater, washer and dryer hook-up, basement is dry and walls appear to be poured concrete.

Utilities: Municipal Marshall County Water, Jackson Purchase Energy, Benton gas system, HVAC Goodman electric split system (installed a few years ago), 200-amp circuit breaker panel in home, 60-amp fuse panel in garage.


Terms of Auction:
Real Estate:  15% good faith deposit due day of sale.  Balance due in 45 days.  10% buyer premium added to final bid and included in the total contract price. Showings on day of Auction between the hours of 8:00 A.M.-10:00 A.M. with auction starting at 10:00 A.M.
Procedure:  Initial procedure determined by auctioneer.
Title:  Fee Simple Absolute title delivered.
Deed:  Seller will provide a General Warranty Deed.
Purchase Agreement:  Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.
Possession:  Possession given at closing. 
Restrictions:  Any recorded restrictions (if any) and zoning regulations apply. 
Easements:    Sale of property is subject to any and all easements of record.
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.
Personal Property Payment Terms:  Cash, credit card, or check day of sale with proper ID.  10% buyer premium added to final bid.  KY sales tax will apply.
Vehicle Terms:  Payment due in full day of sale.  No sales tax collected on vehicles.  Tax paid at the courthouse.  Payment on day of sale to be checks or cash, no credit cards.  If paying with cash purchaser can take vehicle.  If paying with check, check must clear before possession of the vehicle is given to purchaser.  No titles will be issued on day of sale.  All titles will be transferred in person with the seller/s at McCracken County Court House. 
Auctioneer’s Note: Auction held on site, rain or shine.  Any additional terms & announcements made day of sale take precedence over printed material or any other oral statements made prior to sale.  Auction Company or owner is not responsible for accidents.
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.