302 Thomas St • Leitchfield, KY 42754

Online-Only Real Estate Auction

Property Overview

This 3 bedroom, 2 bathroom, 1,327 sq ft manufactured home (converted to real estate) was built in 1992 and sits on a 0.18 acre lot in a quiet area of Leitchfield, Kentucky.

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Property Features

• 1,327 sq ft of living space

• 3 Bedrooms / 2 Bathrooms

• Covered front porch

• Wrap-around deck

• Sunroom

• Fenced backyard — ideal for pets

• Nice storage shed

• .18 acre lot

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Investment Opportunity

This property offers a strong opportunity for investors looking to acquire real estate before year-end—ideal for tax planning or expanding a rental portfolio.

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Showings

The home is shown by appointment only.
Don’t miss your chance to buy at auction!

Online Auction Terms and Conditions

302 Thomas St, Leitchfield, KY 42754
Online-Only Auction • With Reserve
10% Buyer’s Premium

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1. Auction Method & Buyer’s Premium

This is an online-only auction with reserve. A 10% Buyer’s Premium will be added to the final high bid to determine the total contract purchase price.

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2. Purchase Contract

The winning bidder will be sent a binding Auction Purchase Contract via e-signature immediately following the close of the auction. The contract must be signed without delay. No exceptions.

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3. Soft Close Feature

This auction will utilize a soft close, meaning that if a bid is placed within the final moments of the auction, the countdown will automatically extend by 3 additional minutes. This extension will continue until no further bids are placed, ensuring all bidders have a fair opportunity to participate.

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4. Technical Issues & Auction Ending Disclaimer

The auction company is not responsible for any technical difficulties, internet outages, server issues, device failures, or software malfunctions experienced by bidders. In the event of a system interruption or platform malfunction, the auctioneer reserves the right to pause, extend, reopen, or reschedule the auction at their sole discretion.

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5. Deposit / Earnest Money

A 10% non-refundable deposit (based on the total contract purchase price) is required within three (3) calendar days of the auction’s conclusion. Deposit must be paid via certified funds or wire transfer as instructed.

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6. Balance Due & Closing

The remaining balance will be due at closing, which shall take place within 30 days of the auction’s conclusion. Time is of the essence.

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7. Taxes & Possession

Property taxes will be prorated to the Date of Deed (DOD) based on the tax year in which the closing occurs.
Possession will be granted with delivery of the deed at closing.

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8. Property Condition

The property is sold AS IS, WHERE IS, with no warranties, guarantees, or contingencies of any kind, including but not limited to:

• No financing contingency

• No appraisal contingency

• No inspection contingency

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9. Inspections

All inspections must be completed prior to bidding. The property is shown by appointment only.
No inspections will be permitted after the close of bidding.

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10. Buyer Responsibility

By bidding, the buyer acknowledges that they:

• Have inspected the property or waived their right to do so

• Understand the property is sold AS IS

• Agree to all auction terms and conditions

• Will proceed to closing without contingencies

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11. Earnest Money Forfeiture Clause

If the buyer fails to close for any reason not attributable to the seller, the deposit shall be forfeited and retained by the seller and/or auction company as liquidated damages. This is in addition to any other remedies available to the seller.

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12. Agency Disclosure

The auction company and all affiliated agents represent the Seller exclusively. No dual agency is implied or created.

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13. Default

Failure to sign the purchase contract or pay the required deposit within the stated timeframe will result in default, forfeiture of bidding rights, and potential liability for damages. The seller may offer the property to the next highest bidder or re-auction the property.

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14. Additional Terms

The auctioneer reserves the right to:

• Modify bidding increments

• Extend, postpone, or cancel the auction

• Resolve any and all bidding disputes

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15. Auction Website Terms Supersede All Advertising

In the event of any inconsistencies between the Terms & Conditions published on this website and any advertisements, brochures, social media posts, signage, or other marketing materials, the Terms & Conditions published on this website shall control and supersede all other representations.

302 Thomas Street
Leitchfield, Kentucky 42754
United States