1897 Melrose Rd, Sonora, KY 42776

Absolute Online Only Real Estate Auction 1897 Melrose Road Sonora KY 42776 The Johnny Hornback Estate www.mayesthompson.com Auction Begins: April 19th 9:00 A.M. E.S.T. Auction Ends: May 9th 6:00 P.M E.S.T Selling in 2 Tracts & it's Entirety Bidders can bid on Tract 1 & 2 or the Entirety. The winning bidder will be decided by whichever total bid price is the highest. Either tracts 1 & 2 with separate buyers or the entirety. Tract 1 is a Bedford stone home, 2 barns and 10+/- acres Tract 2 is 36 acres of vacant land Tract 3 for auction purposes is the entirety of tract 1 & tract 2 as a combination Please Read All Terms & Conditions Prior To Bidding 1.) Bidding Begins: April 19th 9:00am est       Bidding Ends: May 9th 6:00 pm est 2.) Location of Property: 1897 Melrose Road Sonora, KY 42776 3.) Extended Bidding: This a timed auction therefore if a bid is placed within the last 5 minutes the auction will automatically be extended for 5 minutes until all bidding ceases 4.) Registration: All bidders must register online to be able to bid. Call Mayes Thompson with any questions 270-537-4311. Please do not wait till last minute to register 5.) Buyers Premium: There will be a 10% buyers premium added to the final bid to determine the final sales price 6.) Deposit:    A 10%  NON REFUNDABLE deposit will be required from the winning bidder within 24hrs of close of bidding 7.) Contract: A signed purchase agreement will be required from the winning bidder within 24hrs of close of bidding 8.) Closing: Balance is due on or before June 9th 2025. Closing to be held at Collier Title Company 232 W Poplar St Elizabethtown, KY 42701 9.) Survey: A new survey of the property was conducted in March of 2025 by McAdams Surveying 10.) Title: A title search is currently underway by Collier Title Company 11.) Financing: This auction is NOT contingent upon buyer obtaining financing. Prospective buyers should secure financing prior to bidding. 12.) Sold AS-IS: Real Estate is being sold as-is with no warranty expressed or implied, with all recorded or unrecorded restrictions or easements that may or may not apply. 13.) Possession: Possession will be with the deed at closing. Sellers will convey the property to the buyer by a general warranty deed. 14.) The Information on this website supersedes any previous advertising.  Bidding on this auction confirms that you agree to the Terms & Conditions of this Auction Auctioneer has the right at anytime to pause, extend