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12200 Shelbyville Rd., Louisville KY 40243

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Keywords:
1509 Anna Ln. - Real Estate
Date & Time: Bid now! Bidding closes Monday, October 30th beginning at 7:00 pm EST with Extended Ending Feature
Location: 1509 Anna Ln., Louisville, KY 40216
Highlights:

Absolute Online Estate Auction
1509 Anna Lane in Cloverleaf, Louisville, KY 40216

The Final Settlement of the Doris Summers Estate

Online Bidding Closing Mon. October 30, 2017

Auction starts to close at 7:00 p.m. EST

Open Houses/Inspection Times:
Sunday, October 22, from 2 p.m.- 5 p.m.
Sunday, October 29, from 2 p.m. - 5 p.m.


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Categories: CLICK HERE TO VIEW AND BID ON ALL ITEMS (1)
Notes:

Click here to bid on and view the items in this sale

Be sure to read all Terms & Conditions before you bid.

Bidding Tips For New & Existing Customers

  1. New Bidders: Please do not wait until the last minute to register for the auction. We suggest that you register early to make sure you receive your bid number in a timely manner 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.

  2. More Pics: Please click on the photo on the bidding page to see an enlarged photo and additional photos of the item you wish to view.

  3. REFRESH YOUR PAGE! - Please remember to refresh your page during the bidding. The bidding page you are viewing shows you the bid at the time you logged on to that page. YOU MUST REFRESH YOUR PAGE EVERY SEVERAL SECONDS to view accurate bids. This is particularly important during the final minutes of bidding for an item.

  4. Review Bids: For monitoring only those items on which you have bid, you can click on the "Review Bids" button at the bottom of the page and it will show only those items upon which you have placed bids. This way you won't have to scroll or search through all items to find your items when monitoring your bids.

  5. Maximum Bid: Using the "maximum bid" feature can be a real time and stress saver if you choose to use it. Especially if you have prior commitments and cannot monitor the auction closing.

  6. Sniping: Due to rounding and the imprecision of minutes left, do not wait until the last minute to bid. Sniping doesn't work with the "extended ending" system; thus, give yourself a cushion of time to make sure that you don't lose the items.

Terms:
Click here for property description, photos, and bidding

Real Property Terms & Conditions

Questions: This auction is being conducted by Wardlow Auctions, Inc. For questions regarding the real estate, or auction and bidding process, contact Joe Gribbins at (502) 550-7045.

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

Open for Inspection:

Sunday, October 22, from 2-5 p.m.
Sunday, October 29, from 2-5 p.m.

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. An email address is also required so bidders may be sent winning bid notifications. Information from either a MasterCard or Visa is to be held on file - this information is obtained to deter defunct bidding. Registration may only be completed with an acknowledgement that the bidder has read and understood all terms and conditions for the sale and online bidding. Each registered bidder will be assigned a permanent number to be used on all online auctions through Wardlow Auctions. These numbers will not be applicable at any live auction or auctions through our affiliate companies since we use a different database for that information.

To Register, first READ ALL TERMS & CONDITIONS, then click the link at the top of the page or click here.

Buyer’s Premium: A 10% buyer’s premium will be added to all winning bids to determine the final contract selling price. For example, if the closing bid is $200,000, the Buyer’s Premium would be $20,000 resulting in a final contract selling price of $220,000.

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: “Your Bid” and “Your Maximum.”
“Your Bid:” This feature allows the bidder to input a single bid as in a live auction. For example: the bid is currently $100,000 placed by bidder A. Bidder B wishes to bid $105,000. By placing a bid of $105,000 in the “Your Bid” box, Bidder B now has the current winning bid. If Bidder A wishes, he/she may bid again, continuing the auction cycle.
“Your Maximum:” This feature does your bidding without the bidder 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 $150,000. If Bidder B places a maximum bid of $150,000 the bid rises only to $100,250. Bidder A returns to the house online and places a maximum bid of $160,000. The program automatically does the bidding: A-$100,500, B-$100,750, A-$101,000, B-$101,250, etc... The bidding will stop at $150,250 with Bidder A winning because the next bid would be $150,500, which is more than Bidder B’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. Any bidder can raise a bid or a maximum bid at any time prior to the close of the auction.

Bidding Increments: Online bids must be in multiples of $250 (i.e. $150,000, $150,250, $150,500, etc.). The minimum online bid increment for this auction is $250.

Close of Bidding: Bidding is scheduled to close Monday, October 30, 2017 beginning at 7:00 p.m. Eastern Time.

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 4:00 p.m. ET, Tuesday, October 31, 2017. A copy of this contract is posted on the bidding page and available for review online.

Down Payment: The buyer(s) shall make a non-refundable down payment of $5,000. The down payment must be received by Wardlow Auctions, Inc., no later than 4:00 p.m. ET on Tuesday, October 31, 2017. 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 properties must be on or before December 8, 2017. The Buyer shall pay the balance of the purchase price at closing. Buyer and Seller shall pay their respective closing costs as is common and customary to Jefferson County, Kentucky.

Disclaimer: Any and all documentation 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 Broker 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.

Online bidding is offered as a courtesy. The Auctioneer, Broker, Agent, 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.

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 information provided in advertising and otherwise is believed correct, but is not guaranteed. Potential buyers are welcome to get any home inspections they desire prior to the auction. The sale will not be contingent upon any inspection, either prior to or after signing of the Auction Purchase Contract.

Lead Based Paint Disclosure: Due to the age of the property, it is possible that it may contain lead-based paint. Buyers shall sign the disclosure and acknowledgment form indicating that they have been informed about the possibility of lead-based paint.

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 Monday October 30, 2017. Brokers and agents may obtain the registration form by clicking on the link at the bottom of the item description page.

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.

Click here to bid on the property.

Directions: From Dixie Highway turn East onto Gagel Ave. (Taco Bell is on the corner)and proceed approx. 1 mile, turn left onto Estate Dr. and proceed approx. .4 of a mile to Anna Lane and turn right, proceed 1 block. Home is on the corner of Anna Land and Rondean Dr.
Contact: Wardlow Auctions, Inc.
12200 Shelbyville Rd.
Louisville KY 40243
Phone: 502-489-5515
Fax: 502-489-5516
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