Auction Information
Auctioneer RM McGINNIS, LLC (859) 734-7770
Auction Date Aug 22 Auction
Location
100 Pinehurst Way
Harrodsburg, KY
Time 08:00AM
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  • Lot# 1 - LOT #1 - PLAT LOT A6 1.523 ACRE

    Lot# 1 - LOT #1 - PLAT LOT A6 1.523 ACRE

  • Lot #1 Oakmont View

    Lot #1 Oakmont View

  • Lot #1 Pinehurst View

    Lot #1 Pinehurst View

  • Lot# 2 - LOT #2 - PLAT LOT A4 2.196 ACRE

    Lot# 2 - LOT #2 - PLAT LOT A4 2.196 ACRE

Auction Listing
AuctionZip Auctioneer ID# 10256
    Attached Files    
Aerial Map (PDF)
Plats (PDF)
Restrictions (PDF)
Terms-Conditions (PDF)

ONLINE AUCTION

2 COMMERCIAL LOTS – 5.8 ACRE RESIDENTIAL TRACT

LOCATED IN CHERRY TREE PLAZA SUBDIVISION HARRODSBURG, KY 40330

AUCTION ENDS ON THURSDAY, AUGUST 22, 2019 AT 6:00 P.M. EDST

The owner of these very desirable properties located on the north side of Harrodsburg, KY is offering them for public sale through an ON-LINE AUCTION conducted by RM McGINNIS, LLC Real Estate & Auction Professionals.

 These properties have a very reasonable reserve bid amount as noted below.

Lot 1 includes 1.523 acres and fronts on Pinehurst Way and Oakmont Court. The lot is defined as Lot A6 on the plat. The plat is recorded in the Mercer County KY clerk's office as plat file D-209. It is zoned B3 (General Business). Refer to the City of Harrodsburg Zoning Ordinance for further details on this zoning classification. This lot is subject to specific Covenants and Restrictions regarding land use. The reserve price on this tract is $55,000.

Lot 2 includes 2.196 acres and fronts on Oakmont Court. The lot is defined as Lot A4 on the plat. The plat is recorded in the Mercer County KY clerk's office as plat file D-209. It is zoned B3 (General Business). Refer to the City of Harrodsburg Zoning Ordinance for further details on this zoning classification. This lot is subject to specific Covenants and Restrictions regarding land use. The reserve price on this tract is $45,000.

Lot 3 includes 5.816 acres and fronts on Pinehurst Way. The lot is defined as Tract B on the plat. The plat is recorded in the Mercer County KY clerk's office as plat file C-344. This tract is zoned R2 and is approved for single family and 2 family dwellings. This is an excellent tract for development of residential housing. The reserve price on this tract is $35,000.

These are outstanding parcels of development land and ideally located just off highway US127 within the north city limits of Harrodsburg. Water, electric, and sewer are available. Buyer’s Premium – A 10% buyer’s premium will be added to the winning bid amount. The bid amount plus the buyer’s premium amount will be the Purchase Contract Price.

Payment Terms – A 20% non-refundable earnest money deposit based on the Purchase Contract in the form of cash, a certified bank check, or wire transfer is payable to RM McGINNIS, LLC Escrow within 2 business days of the close of the auction. The balance is due on or before September 23, 2019, with deed and possession.

Real Estate Taxes – The 2019 real estate taxes will be prorated to the date of deed transfer.

Deed – The Seller will convey title with a limited or special warranty DEED.

Preview – Friday, August 16 from 2 pm to 5 pm. Other appointments available by contacting RM McGINNIS, LLC. Auction

End Date/Time - Bidding ends Thursday, August 22, 2019 – 6:00 p.m. EDST

THIS IS AN INTERNET ONLY AUCTION. All bidding will be done on-line. Register and bid at https://rmmcginnis.hibid.com or go to www.rmmcginnis.com and click on the ONLINE AUCTIONS button.

Ritchie McGinnis, Principal Auctioneer





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