Absolute Auction Edith Miles & The Estate of Agnes Deverial Livers

JOIN US FOR AN ON-SITE AUCTION PREVIEW

SATURDAY – MAY 24th FROM 10:00 A.M. – NOON

 ABSOLUTE AUCTION

SATURDAY – MAY 31st – 10:30 A.M.

TOTAL OF 114.30 ACRES (+/-) – 4 TRACTS

LOCATED BETWEEN ST. FRANCIS & RAYWICK

LORETTO, KY 40037

ESTATE OF AGNES DEVERIAL LIVERS

17.30 ACRES (+/-) – TRACT 1, TRACT 2 & TRACT 3

EXCELLENT BUILDING LOTS

2718 WIMSATT ROAD

 

EDITH MILES

& THE ESTATE OF AGNES DEVERIAL LIVERS

97 ACRES (+/-) – TRACT 4

BOTTOMLAND & CLEARED LAND

PLUS APPROXIMATELY 66 ACRES (+/-) OF WOODS

WITH AN ESTIMATED 202,550 BOARD FEET

OF MARKETABLE TIMBER!

2512 WIMSATT ROAD

 

TRACT 1, TRACT 2, TRACT 3 & TRACT 4

Note: All 4 Tracts Have An Approved Private Entrance on Wimsatt Road

 

Tract 1 – 9.9 Acres (+/-) w/ 379′ of Frontage on Wimsatt Road

Tract 1 features an awesome place to build your new home on top of the hill overlooking nature’s splendor all around.

This tract extends across the creek in the rear offering a nice spread of land accessible via a 30′ easement for ingress & egress.

 

Tract 2 – 3.1 Acres (+/-) w/ 295′ of Frontage on Wimsatt Road

Tract 2 offers a great building lot which has a creek in the rear of the property & those panoramic views of the countryside.

This tract would make a great companion tract with either Tract 1 or Tract 3.

 

Tract 3 – 4.3 Acres (+/-) w/ 647′ of Frontage on Wimsatt Road

Tract 3 is another building lot which has the creek in the rear of the property.

This tract would make a great companion tract with Tract 2.

 

Tract 4 – 97 Acres (+/-) w/ 380′ of Frontage on Wimsatt Road

 Tract 4 features some excellent bottomland, cropland & cleared acreage with a creek winding its way through the property…

Plus approximately 66 acres (+/-) of wooded land filled with an abundance of marketable timber

(see the Timber Inventory Report & Volume and Value Estimate Information: Estimated 6,350 Trees /

Estimated 202,550 Board Feet of Marketable Timber / Estimated $72,477 Value to the Owner).  

These woods are teeming with all kinds of wildlife – deer, turkey & much more…

Plus ATV trail riding, hunting, hiking & the enjoyment of your very own private paradise!

Tract 4 would also make an exceptional companion tract with either Tract 1 or Tract 3.

 

ORDER OF SALE

1st OFFERING

TRACT 1, TRACT 2 & TRACT 3 TO BE OFFERED AS A WHOLE with all 3 tracts grouped together totaling 17.30 acres (+/-), per the official survey.

2nd OFFERING

TRACT 1, TRACT 2 & TRACT 3 TO BE OFFERED BY THE TRACT utilizing the ‘PICK & CHOOSE’ auction method.

The highest bidder for a tract will have the priority to select Tract 1, Tract 2, Tract 3, or any combination of the 3 tracts at that price per tract.

This process will continue until all 3 tracts have been selected in the 2nd Offering.

NOTE

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

THESE 3 TRACTS WILL BE SOLD PER THE OFFERING REALIZING THE MOST MONEY FOR THE ESTATE OF AGNES DEVERIAL LIVERS.

3rd OFFERING

TRACT 4 to be offered individually BY THE TRACT.  The highest bidder buys it.

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 June 30, 2025.

* The 2025 Real Estate Property Taxes will be pro-rated between the Sellers and Purchasers.

INSPECTIONS

* The real estate & all improvements are being sold ‘AS IS’ with no warranties, guarantees, or assumptions of liability, including environmental hazards.

All inspections are invited & encouraged.  For any inspections of this property, please call The Lancaster Agency, Inc. at (270) 692-6748,

or Charles Lancaster, Jr. at (270) 692-7270.

NOTE

There is a home & mobile home on this property that were built prior to 1978 and may have the potential for lead based paint.

These homes are currently uninhabitable.  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