Real Estate: Absolute Auction
Sunday, March 18, 2007, 2:00 PM
5421 Winding Road, Louisville, Kentucky 40214


Charming 1.5 story brick home offering 4 bedrooms, and 2 full baths.  On the main level of the home there are 2 bedrooms, and a bath, plus kitchen, living room, dining area, and a large sun room with a deck.  The second level offers 2 good size bedrooms.  There is a walkout basement which offers a second full bath, a game room and an attached 1 car garage.  There is approximately 1900 SF of living space above grade in this home plus there is an additional 800 SF in the basement.  The home has a nearly new forced air furnance and central air conditioning and a like new 50 gallon water heater.  This home has had some deferred maintence issuses and will require some foundation work and leveling of the living room floors.  An engineering survey had been performed and the cost estimate for the foundation work will be available during the open house period. 

Real Estate Buyer’s terms: there will be a $5,000 non-refundable deposit made at time of auction, cash, cashier’s check or a personal check with a bank letter of guaranteed credit must be presented to the auction company before the bidding process begins.  Balance of the final purchase price must be presented at closing within 30 days from the day of auction. There will be a 10 % buyer’s premium added to the highest bid to determine the final contract purchase price between the buyer and the seller.  All property taxes will be prorated at time of closing.  Licensed real estate agents are welcome to bring potential buyers to the auction, all agents must register their buyer with the auction company 48 hours proir to the auction to receive compensation.  Agents making self representation or agents representing other licensed agents are not eligible for compensation.  Additional terms may be announced at time of auction and all announcements made on day of auction shall take precedence over all previous announcements.  This property will be sold to the highest bidder and the property will be sold as-is with no warranty, no refunds or exchanges.  It shall be the bidder's responsibility to determine suitability of the property prior to the bidding process.  Lead Based Paint inspection period to begin March 8, 2007. For additional information or an inspection appointment please call: John McGinnis, Auctioneer/Broker at 502-458-48158.

Real Estate Preview Period:  Sunday, March 11, 2 - 5 PM Only