ABSOLUTE ONLINE AUCTION
Starting Date: Monday, December 6th at 10:07 AM
Ending Date: Thursday, December 16th at 10:07 AM
163 Farmington St. Farmington, KY
Ideal for Airbnb or Bed & Breakfast
+3,124 Sq. Ft. • 3 to 5 Bedrooms • 2 Baths • 3 Garages • +1.45 Acres
This circa 1890 home has been well cared for and upgraded by its 85 years young owners over the past 31 years who have moved to be near their son in Maryland. A labor of love, there is much to be enjoyed here 3 bedrooms, bonus or rec room, dream kitchen with appliances furnished, sitting room with fireplace, living room, dining room, plus, balcony, large covered and open decks, +1.45 beautiful acres, and 3 garages. They enjoyed all the architecture, beauty, and character of yesterday with all the modern amenities of today.
From the covered front porch into the large foyer with stained glass window and Italian glass chandelier transitioning both levels beginning with the Parlor with built-in cabinetry and picture molding into the Dining Room with chandelier, wide wood molding and wainscoting. Through arch top door into the Kitchen with transom top doors, island with breakfast bar and stainless-steel sink adjoined by the Breakfast/Sitting Parlor with gas log corner fireplace, corner curio, and built-in cabinetry. Steps out to the covered ceramic tiled deck and the wrap around open deck. On this level is the Library or Trophy Room with built-in shelving. The Master Bedroom with nearby Full Bath with ceramic tile floor. Down the hall is the Laundry with built-in cabinetry, closet, and outside entry.
Up the beautiful staircase you’ll enjoy the Second Bedroom and Third Bedrooms all tongue and groove walls and ceiling, with closets, an Art Studio with 3 bay stainless steel commercial sink, and a Bonus Room that walks out to a balcony railed deck.
Other amenities include natural gas pack central heat and air down and split system up; 200-amp breaker system; lots of gingerbread scrolling; beautiful lawn and shades; +30x30 Ft. shop with central natural gas heat and air breaker system, new roof, automatic door, rear street access; 2 other garages wired and all with vinyl siding.
Buyer Premium: A 10% buyer premium will be added to the final bid and included in the total contract price.
Auction Terms: A non-refundable down payment of 15% of the purchase price in the form of cash, check, or wired funds due to our office by 3:07 PM of auction end date. Balance due within 45 days. Seller to pay 2021 taxes. Possession at closing. Sells as is without contingencies, all inspections welcome prior to auction.
Inspection: Contact us for private showing today or view Thursday, December 9th from 3:07 – 5:07 PM and Thursday, December 16th from 8:37 – 10:07 AM.
Seller Frederick and Margaret Merida
**If you are a Realtor representing a potential buyer, please download our Broker Co-Op form located under the Documents tab and submit back to our office by 9:37 AM Thursday, December 16, 2021. Please note that you are required to view the home with your client before the form is submitted. Please call our office for access information or with any questions.
Auction Terms: 10% Buyer's Premium added to the final bid and included in the total contract price. A non-refundable down payment of 25% of the total purchase price (final bid price + 10% buyer's premium) in the form of cash, check, or wired funds due to our office by 3:07 PM of auction end date. Balance due within 45 days. *Seller financing available: 20% down payment, balance financed at 5% interest with payments to be _________ per month with balance of mortgage to be paid in full within 4 years, or cash at closing.