Online Only Auction 1431 Bull Run Road, Barbourville, KY 40906 Bidding Details: Bid now at: www.joshtrosper.com ? Auction Start Date: 11/13/24 at 12:00 PM (EST) ? Auction End Date: 12/14/24 at 7:00 PM (EST) ? Closing date on or before: January 13, 2025, before 4:00 PM (EST) Property Details: 1431 Bull Run Road, Barbourville, KY 40906 ? Type: Vacant Land ? Former Use: Recreation ? Potential Use: Residential/Recreation ? Lot Acres: 67.31 Acres (Combined) With Survey ? Area: Knox ? Parcel # 044-00-00-026.00 ? Zoning: Residential TERMS: 20% Non-Refundable Deposit down the day of the auction with the balance due in full within 30 days. BUYER’S PREMIUM: There will be a 15% buyer’s premium added to the final bid to determine the final sales price. For additional information, contact Josh Trosper Auctioneer, LLC at 606-622-0222 or via email at trosperjosh@icloud.com. Visit our website: www.joshtrosper.com Josh Trosper, Owner/Auctioneer. Please refer to the detailed terms and conditions for further details regarding bidder verification, real estate terms, bidder Note: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The property is selling in its as-is condition with no warranties expressed or implied. default, acceptance of bid prices, agency, and more as previously outlined. Please ensure that all the information provided is accurate and up-to-date. All decisions of Auctioneer are final. Any dispute between Josh Trosper Auctioneer, LLC, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Knox County, KY. By bidding on the property, buyer agrees to all terms and conditions set forth. AUCTIONEER/BROKER/SELLER DISCLAIMER: The information provided by Josh Trosper Auctioneer, LLC is deemed reliable but not guaranteed. This information is given to facilitate the bidding process for prospective buyers, who bear the responsibility of verifying its accuracy and completeness. The property is offered in its 'as-is' condition, with no warranties expressed or implied. All announcements made on the auction day supersede any printed matter. For additional details, you can contact Josh Trosper Auctioneer, LLC at 606-622-0222. Josh Trosper acts as the Auctioneer for this event. TERMS: Buyer's Premium: A 15% Buyer’s Premium will be added to the highest bid to determine the final sale price. AUCTION TIMES: Josh Trosper Auctioneer, LLC conduct Live/Online Auctions as timed events, with bidding closing at a specified time. There's an auto extend feature, where if a bid is placed in the final 3 minutes, the auction's closing time is automatically reset to 3 minutes remaining. MULTIPARCEL/SINGLE PARCEL OPTION - Property has been surveyed and will be sold two ways - Multi or Single Parcel. Whichever way brings the most money is how property will be sold. If sold in Multiparcel - Buyers will pay $500 fee (per tract) to Survey company to mark off lots and will be required to give other tract owners a minimum 12' ROW to ingress and egress (if applicable). Buyers will also be responsible for making their own access roads. SERVER & SOFTWARE TECHNICAL ISSUES: In case of technical issues related to the server, software, or any other online auction-related technologies, Josh Trosper Auctioneer, LLC reserves the right to extend or continue the bidding or close the bidding. In such events, registered bidders will be notified via email. REAL ESTATE TERMS: A non-refundable earnest money of 20% of the total sale price is required within 48 hours of the close of the auction. The remaining purchase price is due at closing, which will take place within 30 days of close of bidding. WINNING BIDDER - Winning bidder will enter into a written sales contract with New Beginnings Real Estate, LLC within 24 hours of auction end and closing will be conducted at buyers' expense with IMAG Title in London, KY. BUYER’S PREMIUM: A buyer’s premium of 15% is added to the bid price to arrive at the final purchase price. AUCTION BIDDER DEFAULT: If the winning bidder fails to submit the signed Contract for Sale of Real Estate and the 20% earnest money deposit within 48 hours of auction closure, they will be charged a penalty fee of $5,000.00 on the credit card provided at auction registration. If you do not agree to this, do not register to bid. Real Estate Taxes and Closing Cost: All real estate taxes will be prorated for 2024. Purchasers will pay all other closing costs associated with the sale. Bidder Verification: The identity of all bidders will be verified; if complete verification is not possible, Josh Trosper Auctioneer, LLC will reject the registration, and bidding activity will be terminated. NEW DATA, CORRECTIONS, AND CHANGES: Bidders should check for updated information prior to the scheduled auction time to inspect any changes, corrections, or additions to the property information. For additional information, contact Josh Trosper Auctioneer, LLC at 606-622-0222