JOIN US FOR AN ON-SITE AUCTION PREVIEW
THURSDAY – MARCH 5th FROM 5:00 P.M. – 7:00 P.M.

ABSOLUTE AUCTION
SATURDAY – MARCH 14th, 2026 – 10:30 A.M.
ESTATE OF JOHN J. DONNELLY
3 BEDROOM / 2 BATH BRICK HOME
w/ 24′ X 28′ DETACHED GARAGE
30 ACRES (+/-) IN 9 TRACTS
HOME TRACT – 6 RESIDENTIAL TRACTS
& 2 LARGER TRACTS ALL IN THE LORETTO AREA!
1340 SPENCER HAMILTON ROAD
LORETTO, KY 40037
NOTE:  SURVEY IS IN PROCESS!

AUCTIONEER’S NOTE

Everybody loves L.A. (Loretto Area)…It is one of the most highly sought after areas of Marion County in beautiful Central Kentucky close to the Award-Winning West Marion Elementary School,

the historic Maker’s Mark Distillery, the Bourbon Trail & so much more…Plus lakes, rivers & recreation are close by…And Lebanon. Bardstown, Louisville & Lexington are just a short drive away!

This property offers stunning panoramic views of the gorgeous surrounding countryside…Just outside the city limits of Loretto!

 Real estate like this very rarely comes on the open market at auction…Don’t miss the opportunity to purchase this exceptionally located home & 30 acres (+/-)

at your own price…AT ABSOLUTE AUCTION ON SATURDAY, MARCH 14th AT 10:30 A.M.!

THE HOME & GARAGE (TRACT 1 – APPROXIMATELY 1 ACRE +/-)  

This beautiful brick home measures 58′ X 29′ featuring 1,682 square feet (+/-) of nice living area all one one floor!  Let’s take the grand tour starting with the spacious & cozy living room brightened by a trio of sunlight enticing windows that warm up the soft carpet to make an exceptional room to host, gather & entertain!  Flowing from the living room is a large eat-in kitchen equipped with plenty of nice-looking cabinetry

& a dining area (includes the refrigerator, stove & microwave)…Down the hallway is a sizable laundry room complete with a handy storage closet (includes the washer & dryer) and a full bathroom featuring a nice walk-in shower.  Continuing the tour down the hallway is a beautiful 2nd full bathroom caressed with elegant white ceramic tile flooring, a stylish ceramic tile vanity & a white ceramic tiled tub/shower…Plus 3 generously sized bedrooms all with plush carpeting!  You will also enjoy having the 24′ X 48′ detached garage nearby to protect your vehicles from the elements which also offers ample storage

& workspace!  Outside…The home has a couple of nice shade trees in the front yard & colorful landscaping around the home…Plus you have your choice between watching the world go by from the relaxing covered front porch…Or the rear patio looking out on those breath-taking views!  Note: As an added bonus…The heating & cooling system was replaced in 2024, the water heater was replaced in 2017

& the 3-dimensional asphalt shingle roof was also replaced in 2017!

THE LAND (TOTAL OF APPROXIMATELY 30 ACRES +/-)

This property features a total of approximately 30 acres (+/-) located in one of the most desirable areas in all of Marion County (we can’t stress that enough!)  The home tract is approximately 1 acre (+/-) which leaves approximately 29 acres (+/-) for 6 awesome residential building lots (Tracts 2 through 7)…Plus 2 larger tracts (Tract 8 & Tract 9) featuring gently rolling land & lots of trees…These 2 tracts would also be perfect for building your new home!  Just think…You can combine Tract 8 & Tract 9 for an impressive spread of land…Or make any combination of Tracts 1 through 9 however you want!  You have approximately 845′ of road frontage to work with…And all 9 tracts have road frontage on Spencer Hamilton Road!   

ENTRANCES – UTILITIES – SEPTIC SYSTEM SITE EVALUATIONS – SOIL MAP

We are still in the planning & approval stages…Pending approval from the Marion County Road Department…Each tract will have its own private entrance.

Each tract will also have convenient access to water (Marion County Water District) & electricity (Inter-County Energy).

A septic system site evaluation will be conducted on Tracts 2 through 7 with the results being posted upon completion.

You can check out the soil map on our slideshow!

ORDER OF SALE

1st OFFERING

To be offered AS A WHOLE, Tracts 1 through 9 grouped together totaling approximately 30 acres (+/-).

2nd OFFERING

ROUND 1:  TRACT 1 to be offered individually BY THE TRACT.

ROUND 2:  TRACT 2, TRACT 3, TRACT 4, TRACT 5, TRACT 6 & TRACT 7 to be offered BY THE TRACT utilizing the ‘PICK & CHOOSE’ auction method.

The highest bidder will have the priority to select the tract, or contiguous tracts desired at that price per tract.

This process will continue until all 6 tracts have been selected in this round.

ROUND 3:  TRACT 8 & TRACT 9 to be offered BY THE ACRE utilizing the ‘PICK & CHOOSE’ auction method.

The highest bidder will have the priority to select Tract 8, or Tract 9, or both tracts at that price per acre.

This process will continue until both tracts have been selected in this round.

NOTE

THE AUCTION IS NOT FINAL UNTIL BOTH OFFERINGS HAVE BEEN COMPLETED.

THE REAL ESTATE WILL BE SOLD PER THE OFFERING REALIZING THE MOST MONEY FOR THE SELLER.

TERMS & CONDITIONS

* A 10% Buyer’s Premium will be added to all winning bids to determine the final sales and purchase price.

* Any Purchaser of a real estate tract will pay a 20% deposit of the final sales and purchase price the day of the auction.

The balance will be due on or before April 14, 2026.

* The 2026 Real Estate Property Taxes will be pro-rated as of the date of deed.

INSPECTIONS

* The real estate, appliances & all improvements are being sold ‘AS IS‘ with no warranties, guarantees, or assumptions of liability.  Inspections are invited & encouraged.

For any inspections of this property, please call The Lancaster Agency, Inc. at 270-692-6748, or Irvin Abell at 270-402-3575.

* The home was built prior to 1978 and may have the potential for lead based paint.  Lead based paint inspection,

 and any other inspections desired by prospective purchasers must be completed prior to the auction.

ANNOUNCEMENTS MADE THE DAY OF THE AUCTION SUPERSEDE ANY AND ALL PRIOR ANNOUNCEMENTS, DOCUMENTATION, BROCHURES, SIGNS, ADVERTISING, OR STATEMENTS, WHETHER ORAL, WRITTEN, OR OTHERWISE, REGARDLESS OF WHO MADE THEM OR WHEN THEY WERE MADE.

CHARLES E. LANCASTER, JR. – PRINCIPAL BROKER /AUCTIONEER

CHARLES E. LANCASTER, SR. – AUCTIONEER

IRVIN ABELL – APPRENTICE AUCTIONEER

TREY ABELL – APPRENTICE AUCTIONEER