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JEFFERSONVILLE EXECUTIVE HOME ONLINE ONLY AUCTION

by Beckort Auctions, LLC

When

SOLD PRIOR TO AUCTION! - BIDDING ENDS 6 PM! Eastern

Where

Wayne Hugh Mayhue Credit Shelter Trust
1705 Charlestown Pike
Jeffersonville, IN 47130
(Located near Elk Run Golf Club)

How

Online Only Auction

Notes

APR 14 SOLD PRIOR TO AUCTION! Executive style home on 2 +/- acres! A rare opportunity to purchase such an estate home & property located in Jeffersonville!

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Conducted By

Beckort Auctions, LLC

115 E. Chestnut St.
Corydon, IN 47112

812-738-9476

http://www.beckortauctions.com

Auction Listing

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JEFFERSONVILLE REAL ESTATE AUCTION

DR. MAYHUE ESTATE EXECUTIVE HOME

4BR/4BA BRICK RANCH ON 2 ACRES

RIGHT ACROSS FROM ELK RUN GOLF COURSE

ADDRESS: 1705 Charlestown Jeff Pike, Jeffersonville, IN  47130

Located directly across from Elk Run Golf Course!

CLICK ON “VIEW DOCUMENTS” ABOVE FOR AERIALS, TAX INFO, ETC.

REAL ESTATE DETAILS: A rare opportunity to own an executive style home situated on a spacious 2.0 +/- acre lot in Jeffersonville directly across from Elk Run Golf Course. Located just minutes from Louisville, I-65 Exits, & a variety of restaurants & shopping. This home was built by Dr. Mayhue & his wife in 1974 and has always been well maintained. Due to the layout of the property and mature trees, the residence offers a very private and secluded setting. This home is ready to move into and offers an abundance of quality features!

LOT FEATURES: Includes 2.0 +/- acres of land with 185’ +/- frontage on Charlestown Jeff Pike. Property has mature trees that create a very private setting & includes views of Elk Run Golf Course.

INTERIOR FEATURES: Main floor - 3346 +/- SF, 4BR/2.5 BA; kitchen - recently updated, granite counters, white cabinetry, stainless appliances, hardwood flooring, crown molding, large island, & bayed breakfast nook; master bedroom – massive space, master bath with cultured marble tub, sitting area with stone fireplace, & walk in closet; formal dining room; formal living room; family room – wet bar & half bath; basement - 1847 +/- SF, spacious open space, partially finished, stone fireplace, full bath & endless potential with a great lay out, finish it to your specifications and tastes!

EXTERIOR FEATURES: Includes a three car attached garage (995+ SF with tall ceilings); large rear stone patio area at rear of house adjoining pool area with natural stone features; large in ground pool (needs updates) with diving board surrounded by recently installed wrought iron style fencing; massive 27’x33’ pool house that features one-car garage, storage areas, & screened in sitting areas; large garden areas; concrete sidewalks & driveway; & professional mature landscaping

ADJOINING REAL ESTATE AUCTION: On June 27, an adjoining six (6) vacant building lots of Elk Pointe Subdivision will be sold at auction. These are all excellent prime lots & would make an excellent addition to the two acres/executive home!

POSSESSION: Possession at closing, but not before June 10.

UTILITIES: Water-American Water Co; Electric-Duke; Gas-Vectron; Sewer-City of Jeffersonvile

HOUSE FLOOR PLAN: See “View Documents” button above for document.

SURVEY INFO: Corners & boundary lines have recently been staked.

LEGAL DESCRIPTION:  GT 20 2.0 AC

TAXES:  $1,887/per installment based on current owner exemptions

PARCEL ID:  10-21-02-000-236.000-009

DIRECTIONS: From I-65 Exit #4 (Veterans Pkwy), east 0.9 miles on Veterans Pkwy, right/south on Woehrle Rd 0.6 miles, then right on Charlestown Pike 0.5 miles to site on right.

OWNER: Wayne Hugh Mayhue Credit Shelter Trust


Exhibit A Beckort Auctions Real Estate On-Line Only Auction - Terms and Conditions

1. Conditions of Sale: This online only auction is selling subject to owner’s confirmation and is not contingent on or subject to financing, appraisal, survey, or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate. Seller and Buyer(s) shall pay their share of the costs of closing. Buyer acknowledges they are buying property “as-is”, “where-is”, without inspections or contingencies. Buyer(s) will rely on his/her own judgment and inspection. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test.

2. Closing: A Buyer’s Premium of 10% is added to the high bid. Please take this into consideration when bidding. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Beckort Auctions, LLC within twenty-four (24) hours of the completion of the auction along with 10% deposit of the total contract price. The down payment may be made in the form of cash, cashier’s check, personal check, or corporate check. The entirety of the remaining balance is due at closing on or before Thirty (30) days from Auction Day. NOTE: Possession not before June 10, 2017. Purchaser will be responsible for all wire transfers. Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing, seller will provide deed preparation.

3. Liquidated Damages: Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could additionally be liable for any and all costs incurred by Seller and Beckort Auctions, LLC incurred in a subsequent resale of the property. If such action occurs, Beckort Auctions LLC hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement. These liquidated damages do not restrict the seller from suing the buyer for performance damages and/or any additional damages the seller suffers by the default of the buyer.

4. Back-Up Bids: If you are not the successful bidder on the real estate and wish to make a back-up bid in case of default by the high bidder, please see Brian Beckort to receive a Back-Up Bidder Form.

5. Other Conditions: There are no contingencies to this sale (i.e., financing, appraisal, repairs, or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing.
Beckort Auctions, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders
will be verified, bidding rights are provisional, and if complete verification is not possible, Beckort Auctions LLC will reject the registration, and bidding activity will be terminated.
All Beckort Auctions, LLC Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 6:00 p.m. receives a bid at 5:59 p.m., the close time of the auction automatically extends to 6:10 p.m. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.

6. Real Estate Brokerage Services Disclosure: Beckort Auctions LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner and we must be completely loyal and faithful to our client. Beckort Auctions LLC has an exclusive right to sell listing for this transaction. All negotiations must be conducted through Beckort Auctions LLC.
A two percent (2% variable) bid price commission, not to include any buyer’s premium if applicable, is available to properly registered Brokers/Agents. You must pre-register your Buyers with Beckort Auctions, LLC twenty-four (24) hours before the end of the auction by filling out and recording with Beckort Auctions a Broker Registration Form. Agents who fail to pre-register their Buyer will not be recognized as Buyer Agents and will not be entitled to a co-op commission. Broker/Agent cannot act as a Buyer and Broker/Agent on the same transaction. Please review the Broker Registration form for eligibility.

7. Beckort Auctions LLC Involvement in this Contract: The seller and buyer hereby agree that Beckort Auctions LLC is a part of this contract and shall receive compensation as stated in the agreement hereto or as stated in the listing agreement hereby made a part of.

8. Restrictions: Real Estate is sold subject to any and all existing matter of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date.

9. Additional Auction Information: All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on-site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the appropriate county court house concerning subject properties.

10. Technical Issues: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Beckort Auctions, LLC reserves the right to extend bidding, continue the bidding or close the bidding. Neither the company providing the software, nor Beckort Auctions, LLC, shall be held responsible for the failure of the software to function properly for any reason.

REVISED 05/21/2013
VIEW MAP
From I-65 Exit #4 (Veterans Pkwy), east 0.9 miles on Veterans Pkwy, right/south on Woehrle Rd 0.6 miles, then right on Charlestown Pike 0.5 miles to site on right.