51 +/- Acres w/Beautiful 3 Bedroom Log Home, Shop, & 3 Bedroom Home
Offered in 6 Tracts via
LIVE Onsite & Simulcast Real Estate Auction
5435 Highway 416 W, Robards, KY 42452
LIVE Onsite & Simulcast Auction Thurs., May 12th at 6 PM
SHOWINGS: May 1st from 2-4 PM & May 4th, from 4-6 PM
The Showing Headquarters will be at Tract #2.
Also by appointment, call 812-474-6100 to schedule
REAL ESTATE & TRACT INFO:
The real estate will be offered in 6 tracts as follows:
Tract #1 (5435 Hwy 416W) - If you’ve ever wanted to own your own island…complete with a barge to transport your lawn equipment, then this tract is for you! The parcel consists of 13.1 +/- acres improved with a beautiful 3,190 sf, 3 bedroom, 2.5 bath log home that was built in 2006. Constructed completely of pine logs with mostly hickory flooring, the home has a warm, inviting feel that you sense the moment you walk in the front door. The open concept living / dining / kitchen area features a cathedral ceiling, see-through stack stone fireplace and an expanse of windows and glass doors that perfectly frame the beautiful lake views. The kitchen boasts Amish cabinets crafted from high quality hickory and a two-tier breakfast bar/island with glass top, electric range. The kitchen is further equipped with a Kenmore wall oven, Kenmore dishwasher, double stainless sink & Whirlpool refrigerator. The laundry room (with Maytag washer and dryer that will stay with the home) and access to the 2 car attached garage are located off the kitchen. Sharing the cozy living room fireplace, the charming master suite includes access to the lake-side porch, a large walk-in closet and an en-suite bath with shower and double vanity. The second floor consists of a mezzanine overlooking the great room with sitting / office area, two bedrooms with cathedral ceilings and a guest bath with tub/shower combo. With nearly as much living space outdoors as indoors, the 1,728 sf wrap-around porches are the perfect place to host “Porch Parties” or to relax and throw out a fishing line. This tract is further improved with a “She Shed” / potting shed with vinyl flooring, electricity, work benches and large doors, a picnic area with dock and open shelter with concrete floor, a large parking area for parties AND even a charming, covered bridge. Access to Tract #1 will be by both a private drive and an easement on the Tract #6 drive. This tract is the epitome of a “Staycation” property!
Room Dimensions:
Foyer - 8’ x 12’ 4”
Living Room – 17’ 11” x 20’
Kitchen – 9’ 6” x 14’
Dining Area – 8’ 10” x 13’ 5”
Master Bedroom – 14’ 5” x 20’ 2”
Master Bathroom – 9’ 6” x 10’ 8”
Laundry Room – 9’ 8” x 13’ 2”
Bedroom – 19’ x 14’ 5”
Sitting / Office Area – 12’ 11” x 16’ 6”
Bedroom / Multi-Purpose Room – 20’ x 25’ 4”
Additional Information:
Geothermal heat system with coils in lake.
Central air conditioning.
Radiant heat from the fireplace.
1,728 sq. ft. of porches.
Wood posts in the lake with electricity for an additional dock.
Beautifully landscaped.
Schools: Niagara Elementary School, South Junior High School, Henderson County High School
Public water & septic system.
Tract #2 consists of 1.0 +/- acres improved with a heated Morton building with electric, concrete floors and 200 amp electric service that was built in 1980. The building is divided into sections for different purposes. Section 1 (44’ x 70’), which is heated by a used motor oil furnace, contains an air compressor (air piped throughout building), bolt bins with contents (large bolt assortment - apx $1,000 value), Lawson product cabinets, work benches, floor drain, a 7’ x 9’ office, a restroom, a 14’ x 26’ paint booth and a lube system that stays with the property. Separated by a 14’ x 12’ sliding door, Section 2 (43’x 60’) is insulated, has LED lighting, propane heat, air conditioning, a floor drain and was used to store vehicles. Section 3 measures 23’ x 22’ with a 12’ x 11’ overhead, electric garage door opener, has propane heat, electric and is plumbed for water & air. Section 4 (23’ x 36’) has propane heat, a floor drain, 12’ x 11’ overhead door and is plumbed for water & air. Water is currently supplied from the main home, so if Tracts #1 & #2 sell separately, the purchaser will have to run water to the building. This is a very flexible structure that could be used for many purposes. Access to Tract #2 will be by both a private drive and an easement on the Tract #6 drive.
Tract #3 (5493 Hwy 416W) consists of 1.0 +/- acres improved with a 1,425 sf, 3 bedroom, 2 bath home with newer vinyl flooring throughout. The ranch style home features a nice sized living room with a bay window & a non-functional fireplace with an impressive stone surround. Located off the living room, the dining area has a sliding glass door that leads to the back porch. The adjacent kitchen is equipped with a two-tier breakfast bar, Haas factory cabinetry, double stainless sink, glass top electric range, refrigerator, and Frigidaire wall oven. A remodeled full bath with a shower is next to the kitchen. The other side of the home contains three bedrooms and a large, full bath with double vanity and tub/shower combo. The property is further improved with a 2.5 car detached concrete block garage. The home is currently rented on a month-to-month basis for $900 / month with the seller paying water. The home has propane heat and a septic system.
Room Dimensions:
Living Room – 14’ x 19’
Kitchen – 12’ x 21’
Foyer – 6’ x 8’
Master Bedroom – 12’ x 16’
Bedroom – 12’ x 14’
Bedroom – 10’ x 11’
Tract #4 consists of a 0.8 +/- acre vacant lot with 198 ft fronting Hwy 416. This is a really nice lot with ideal topography for building your home. Public water & electricity are available.
Tract #5 consists of a 1.2 +/- acre double vacant lot 289 ft. frontage on Hwy 416. This is a really nice lot with ideal topography for building your home. Public water & electricity are available
Tract #6 consists of 35 +/- beautiful rolling acres with a 20 ft. deeded access to Hwy 416. The access is improved with a heavy stone drive that will be subject to an easement in favor of both Tracts 1 and 2 for ingress and egress. Tract 6 is further improved with a nice small lake in a wooded grove.
MINERAL RIGHTS: The sale is subject to a previous conveyance of the mineral rights.
AUCTION LOCATION: The auction will be held in the shop building located on Tract #2.
AUCTION PROCESS: The real estate will be offered in tracts and bids can be placed on the parcels individually or in combination. All bids will remain open until the auctioneer determines that competitive bidding has been exhausted. Bidding will occur both live, on-site and in real time, online. Potential buyers can bid in the manner that is most convenient for them: either on-site at the live auction or online at www.curranmiller.com.
ABBREVIATED TERMS: The real estate shall sell subject to owner’s approval. A 6% Buyer’s Premium will be added to the high bid to establish the contract purchase price. A 5% earnest money deposit is due on auction day for on-site bidders and within 24 hours of auction conclusion for online bidders with the balance due within 45 days of the recording of the final plat (if applicable). The purchaser will conduct his/her own title search. The real estate taxes will be pro-rated to the date of final closing. Possession will be given at the final closing. Any fee (typically $250 - $300) charged by a title company or escrow agent to close the transaction will be split evenly between buyer & seller. SEE THE TERMS TAB ABOVE FOR COMPLETE TERMS.
PROPERTY DIRECTIONS: The property is ideally located on KY Hwy 416 approximately 1.1 mile east of Interstate Hwy 69 (Pennyrile Parkway) at the Robards, KY, exit in Henderson County, KY.
SELLER: Mrs. Carole Cleveland
If you have not read and understand these terms, do not bid.
AUCTION PROCESS:
• The real estate will be offered in tracts and bids can be placed on the parcels individually or in combination. All bids will remain open until the auctioneer determines that competitive bidding has been exhausted. Bidding will occur both live, on-site and in real time, online. Potential buyers can bid in the manner that is most convenient for them: either on-site at the live auction or online at www.curranmiller.com.
EARNEST MONEY:
• A 5% earnest money deposit is due on auction day for on-site bidders and within 24 hours of auction conclusion for online bidders with the balance due within 45 days of the recording of the final plat (if applicable).
BUYERS PREMIUM:
• A 6% Buyer’s Premium will be added to the high bid to establish the contract purchase price.
REAL ESTATE TAXES:
• The real estate taxes will be pro-rated to the date of final closing. Possession will be given at final closing.
CLOSING & POSSESSION:
• The purchaser will conduct his/her own title search.
• Possession shall be at final closing.
• Any fee (typically $250 - $300) charged by a title company or escrow agent to close the transaction will be split evenly between buyer & seller.
• This live auction is not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by Bidder and or Buyers at registration prior to bidding.
• Real estate shall sell subject to owners’ approval.
• Seller shall pay transfer tax.
MINERALS, EASEMENTS, & ZONING:
• The sale is subject to a previous conveyance of the mineral rights.
• The sale of this property is subject to any and all easements of record.
• The sale of this property is subject to all state and local zoning ordinances.
• Tract 6 will own the 20 ft strip on the south side of the property, which extends from Hwy 416 to Tract 6. Tracts 1, 2, & 3 will all have a private, unlimited, non-exclusive easement to use this 20 ft strip for ingress, egress and utilities. The easement can not be blocked or gated without written permission from all of the owners of Tracts 1, 2, 3 & 6. The owner of Tract 2 will have the duty to maintain the 20 ft easement from Hwy 416 to the west property line of Tract 2, to a reasonably passable condition in a car, without ruts.
• Tracts 1, 2, 3, & 6 will all have the right, but not the duty, to maintain any part of the 20 ft easement. The Deeds to Tracts 2, 3, 4 & 5 will have a RESTRICTION so that no single wide mobile home or manufactured home can be placed on these respective Tracts without written permission from the owner of Tract 1. A double wide home with solid masonary underpinning would be permitted on these lots. The division of this property into Tracts (however it actually sells) must be approved by the Henderson City-County Planning Commission. The use of each respective Tract would be subject to Henderson County Zoning Laws as enforced and interpreted by the Henderson County Codes Department.
• You may contact the Henderson CountyCodes Department at (270) 831 - 1277, if you have questions about how the property is currently zoned and/or if your intended to use is permissible.
SURVEY:
• If the real estate does not sell in its entirety to a sole bidder, a survey will be provided to the buyers to establish the new legal descriptions. This cost, if needed, will be covered by the seller.
• Parcel dimensions and acreages are based on legal descriptions & public records
• Aerial photos are for illustration purposes only and not surveyed boundary lines.
INSPECTION, DUE DILIGENCE, ABSENCE OF WARRANTIES, & MISC. TERMS:
• Curran Miller Auction / Realty, Inc., Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
• Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Curran Miller Auction / Realty, Inc., Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Curran Miller Auction / Realty, Inc., Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Curran Miller Auction / Realty, Inc. are final. Any dispute between Curran Miller Auction / Realty, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Vanderburgh County, Indiana. By bidding on the property, buyer agrees to all terms and conditions set forth.
• Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents, Owners, Directors, Employees and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
• Any and all announcements made day of auction take precedence over previously stated terms.