Absolute Estate Auction – 3 BR Brick Home in Manor Creek off Goose Creek Rd. 40241

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8710 Eton Rd., in Manor Creek, Louisville, KY 40241. Located in the highly desirable city of Manor Creek this three bedroom brick home includes a master bedroom with a full bathroom, a front foyer, a large living room with adjoining dining room, a large family room with the large first floor brick fireplace and a built-in bookcase, a second full bathroom, a full unfinished basement with a large second brick fireplace, and a two car finished garage.  Home is in need of extensive repairs and updating. Please click on “Property Photos” for more room photos, details and approximate room sizes.

Reason for Selling. To settle the Rick Goode estate.

Year Built: 1967

PVA Assessed Value: This property is assessed at $207,700.

Approximate sq. ft. 1,641 sq. ft.

Attached Two Car Finished Garage: The finished garage is approximately 21’6” x 23’9” & 24’8”.  The garage is finished, but is not heated. The overhead door was replaced in 2018 and has an approx. 15’8” wide opening and an approx. 6’10” height. The garage has a rear walk-in door into the kitchen area.

Roof and Mechanicals. The roof is in poor condition and has been leaking. The worst leak was in the kitchen, dining room, and basement stairwell area.  In October 2018 a temporary repair was completed on the roof in this area and no further leaking has been observed. The older gas furnace was reportedly used last year; however, an inspection by Thompson Heating and Cooling this fall determined that the furnace is unsafe to operate.  The house does not have heat. The central air unit is also old and not functioning. The water heater is off.  The plumbing is older and in need of repair/replacement. There have been cats in the house and some of the floors need refinishing/ repair.  The electric breaker panel is located in the basement.  

Rear Patio: The approximate 18’ x 24’ rear concrete patio has a rear door leading into the family room.  

Comments: As stated above this house does need extensive repairs and updating; however, it is a 3 bedroom brick home, built with historic bricks, located in Manor Creek.  Yes, it needs a lot of work, but it also has great potential if rehabbed correctly.  Please plan now to come to one of the scheduled open houses to inspect the home for yourself.

Location: This property is conveniently located in the highly desirable city of Manor Creek near restaurants, shopping, schools, churches, and much more! Manor Creek is off of Goose Creek Rd., just south of Brownsboro Rd. (Hwy. 22) and north of Westport Rd.    

Directions: Eton Rd. is located in Manor Creek which is off of Goose Creek Rd., just south of Brownsboro Rd. (Hwy. 22) and north of Westport Rd.   From Brownsboro Rd. (Hwy. 22) turn south onto Goose Creek Rd. and proceed approximately .3 of a mile turning left onto Eton Rd.  From Westport Rd. turn north onto Goose creek Rd. and proceed approximately 1 mile turning right onto Eton Rd.

Open House: Sunday January 20^th from 2 pm – 4 pm and Sunday January 27^th from 2 – 4 pm.

NOTE:  A 10% Buyer’s Premium will be added to the winning bid to determine the final contract selling price.

Real Estate Terms & Conditions

8710 Eton Rd. in Manor Creek, Louisville, KY 40241

To settle the estate of Rick Goode.

Online bidding Only, Online Bidding ends on Monday January 28^th, 2019 and will start to close at 7:00 p.m. ET with extended bidding (please see explanation below).

Open Houses: Sunday January 20^th and 27^th, 2019, from 2:00 p.m. to 4:00 p.m.

Be sure to read all of the Terms and Conditions, plus the bidding page information and the informational links before you bid!

All questions regarding this auction should be directed to Wardlow Auctions, Inc. Any member of our staff would be happy to answer your questions and make this an enjoyable auction experience for you.
Wardlow Auctions, Inc.
12200 Shelbyville Road Suite 222
Louisville, KY 40243
Office: (502) 489-5515 Fax: (502) 489-5516
Email: office@wardlowauc.com
Auctioneer/Broker: Joe Gribbins (502) 550-7045
Online bidding is offered as a courtesy. The Auctioneers, Wardlow Auctions, Inc., Seller, and the Internet and Software Providers do not guarantee or warrant the online bidding procedure and/or system to operate without interruption or malfunction, and shall not be held responsible in the event of such.
 

Inspections: All descriptions, documents, and information are believed to be correct, but are not guaranteed. It is the Bidders responsibility to inspect and research the property and all descriptions, documents, and information to their complete and full satisfaction prior to bidding.

Open Houses

• Sunday, January 20^th, from 2 - 4 p.m.
• Sunday, January 27^th, from 2 - 4 p.m.

New Bidders: Please do not wait until the last minute to register for the auction. We suggest that you register early and then place a bid early in the auction (while the bids are still low) in order to familiarize yourself with the bidding process. It will make your auction experience much more relaxing and enjoyable.

How to Register for First Time Bidders: Click on “Register to Bid”, at the next page click on “Sign Up”, and then complete the information requested. Upon successful completion you will receive notice that you are approved to bid.
 

If You Have Already Registered: If you have already registered and been approved, you simply click on the “Register to Bid” link and on the next page, click on “Sign In”.
 

Buyer’s Premium: A 10% buyer’s premium will be added to the winning bid to determine the final selling price. For example, if the closing bid is $100,000, the Buyer's Premium would be $10,000, resulting in a final contract selling price of $110,000.

Bidding: Online bidding is to be understood as a binding contract. Bids will be taken with the understanding that the bidder will honor their winning bid with sufficient funds in the specified time frame. Notification of the winning bid will be made immediately at the auction's close.

Online bids can be made using two methods: selecting the green button that says “Bid (amount)” or selecting the green button that says “Set Max.”
“Bid (Amount):” This button shows the next bid required and allows the bidder to input a single bid as in a live auction. For example: if the bid is currently $100,000 the green box will say “Bid $100,250.  

“Set Max” Feature: This feature enables you to set a maximum bid so the computer does your bidding without you having to constantly view, log in, and bid on an item. Setting a maximum online is much like coming to a live auction with a preset spending limit in mind. The program will bid for you, in the prescribed increments, and only up to your spending limit for the item. For example: the current bid is $100,000 with Bidder A having the winning bid. Bidder B wants to place a bid and is willing to bid as much as $300,000. If Bidder B places a maximum bid of $300,000 the bid rises only to $100,250. If Bidder A returns and places a maximum bid of $200,000, the program automatically does the bidding in the pre-established increments.  In this example the bidding will stop at $200,250 with Bidder B winning because the next bid would be $200,500, which is more than Bidder A’s limit. Maximum bid amounts are kept confidential. Please note that the bid history page will post a message if the current high bid has been a result of a Maximum Bid. You can raise a bid or raise your maximum bid at any time prior to the close of the auction.

Bidding Increments: The bidding increments for this auction are set at $250 and thus bidding is in multiples $250.   

Close of Bidding: Bidding is scheduled to close Monday, January 28, 2019, beginning at 7:00 p.m. Eastern Time. All bids/offers should be made through this bidding site and shall be in accordance with the Terms and Conditions set forth for this sale and the Real Estate Purchase Contract available on the bidding page.

Extended Ending: The close of bidding will be subject to an extended ending, whereas at the close of the auction, any bidding activity will automatically extend the closing for 5 minutes. The bidding will continue to remain open as long as there is activity within 5 minutes of the previous bid. If there is no bidding activity within another 5 minutes, bidding will then be closed.

Contract Execution: Following the auction, the successful bidder will be emailed, faxed, or delivered a contract to be signed by the prospective buyer and returned to Wardlow Auctions, Inc. by personal delivery, email, or fax no later than 2:00 p.m. ET, Tuesday, January 29, 2019. Copies of the Auction Purchase Contracts are available for review online.  This contract is not contingent on any appraisal, financing or inspection.

Click on the bidding page and then click on “Auction Purchase Contract”.

Down Payment: The buyer shall make a $10,000.00 non-refundable down payment upon signing the Auction Purchase Contract.  The down payment must be received no later than 2:00 pm ET on Tuesday, January 29, 2019. The down payment may be in the form of cash, an official bank check, certified check, good personal check, or wire transfer payable to Wardlow Auctions, Inc.

Closing: Closing for the property must be on or before March 8, 2019. The Buyer(s) shall pay the balance of the purchase price at closing. Buyer(s) and Sellers shall pay their respective closing costs as is common and customary to Jefferson County, Kentucky. This purchase is not contingent on any appraisal, financing, or inspections.

Disclaimer: Any and all descriptions, documents, and information provided in preparation for this auction has been obtained and forwarded in good faith to potential bidders for their convenience and information only. Such information is not warranted and as such the Seller, Auctioneer and Auction Company shall not be held liable for inaccuracies in the information. Potential buyers are encouraged to obtain or verify, before the close of bidding, any information they consider critical to their decision to purchase. There is no survey for this property.

Taxes: All real estate taxes due and payable in the calendar/fiscal year of closing shall be prorated between Buyer and Seller as of the date of closing as is common and customary to Jefferson County, Kentucky.

"As-Is” Condition: The property is being sold and purchased in “as-is” condition, “with-all-faults and attributes”, with no guarantees or warranties of any kind as to condition, fitness, use, or future use of the property and with all defects, apparent, non-apparent, and latent. BUYER hereby acknowledges that they have had the opportunity to inspect and research all aspects of the property to their complete and full satisfaction prior to bidding. All descriptions, information, including square footage, and documents provided in advertising and otherwise are believed correct, but are not guaranteed. Potential buyers are welcome to get any inspections they desire prior to the auction; however, the sale will not be contingent upon any inspection, either prior to or after signing of the Auction Purchase Contract.

Penalties: Any bids found to be fraudulent will result in all appropriate legal action. Delinquencies will also prevent the individual from participating in any further auctions conducted by Wardlow Auctions, Inc.

Real Estate Information Documents: See the item description on the bidding page for links to real estate information documents.

Broker Participation: A Broker or agent whose client is the buyer of the real estate may be entitled to a 2% broker participation fee. Agents must register their client prior to 4:00 pm on January 28, 2019. Brokers and agents may obtain the registration form by clicking on the bidding page and then clicking on “Broker Participation Form”

Auctioneer's Right to Bid: In accordance with KRS330.220(6)(a), it is hereby disclosed that, with permission from the seller, the auctioneer, broker, agent, and any staff members reserve the right to bid.  They also shall be able to place bids on behalf of bidders who do not have access to a computer.

Registration: Registration is free but does require several important pieces of information. As with our live auctions, bidders must be registered with a full name, address, and telephone number and email address. Information from either a MasterCard or Visa is to be held on file. This information is obtained to establish bidder credentials and deter defunct bidding.

Questions: All questions regarding the property should be directed to Joe Gribbins Auctioneer/Broker at (502) 550-7045 or (502) 489-5515.

Any questions regarding the online bidding or auction process (registration, bid placement, etc.) should be directed to Wardlow Auctions Inc. at (502) 489-5515.

Directions: Eton Rd. is located in Manor Creek which is off of Goose Creek Rd., just south of Brownsboro Rd. (Hwy. 22) and north of Westport Rd.   From Brownsboro Rd. (Hwy. 22) turn south onto Goose Creek Rd. and proceed approximately .3 of a mile turning left onto Eton Rd.  From Westport Rd. turn north onto Goose Creek Rd. and proceed approximately 1 mile turning right onto Eton Rd.

Online bidding is offered as a courtesy. The Auctioneer, Broker, Wardlow Auctions, Inc., Sellers, and the internet and software providers do not guarantee or warrant the online bidding procedure and/or system to operate without interruption or malfunction.