SOLD

MULTIPLE AUCTION SALE DRAWS
LARGE CROWD OF EXCITED BIDDERS
BOONE PROPERTY TOTALS $59,323.00
BIRD BANKRUPTCY SALES TOTAL $162,272.00

A large crowd showed up at the Days Inn Convention Center located in Bardstown, KY on Saturday June 24 at 10:07 am to bid and buy at a multiple auction sale!! In the growing transition of inside auction sales, a PowerPoint Presentation was shown for prospective bidders to view the properties, and were displayed on a large screen beginning 1 hour prior to and throughout the entire auction. The auction began selling the 2 Bird Bankruptcy properties, with the commercial building and lot located at 802 N.Third Street, Bardstown, Ky selling for $118,800.00 with the winning bidder being Robert Simpson Properties LLC, of Bardstown, KY., Then the Century 21 Realty Group Hagan Auction Team sold 19.76 acres of woodland located on Kinder Lane, Bullitt County, Ky for a total price of $43,472.00, and the winning bidder being Norman Shain, of Cox's Creek, Ky. The final property of the day was 41.94 acres sold for Mr. & Mrs. Jerry Boone, located on Cecil Ridge, Howardstown Community, Nelson County, KY. The winning bidder for that property was Jerry & Karlotta Cecil, of Howardstown, buying the whole farm in the tract round for the price of $59,323.00.This sale was handled by Century 21 Realty Group Hagan Auction Team of Bardstown specializing in farm, real estate, commercial and equipment auctions throughout Central Kentucky. POWERFUL MARKETING, OUTSTANDING PROFESSIONALS & SUPERIOR SERVICE GIVE THE AUCTION TEAM THE WINNING EDGE OVER THE COMPETITION. CALL US ABOUT YOU NEXT AUCTION… WE MAKE CASH FLOW! WE WANT YOUR BUSINESS! FOR AWARD WINNING ADVERTISING OR YOUR NEXT SALE CALL: BILLY FRANK HARNED 348-6222 OR 1-800-272-6223.

BANKRUPTCY TRUSTEE SALE

LOCATION: Nelson and Bullitt Counties, KY. – Sale #1 –Nelson County, KY – 802 N. Third Street (Louisville Road), Bardstown, KY – Sale #2 –Bullitt County, KY - approx. 1 mile north of KY 480 and Deatsville Road (KY1604) intersection off Kinder Lane on a private road – 5 miles east of I65 and KY 480 – Sale #3 – Bullitt County, KY - 927 Deatsville Road, approx. 0.7 mile north of the (KY1604) Deatsville Road/KY 480 intersection – 5 miles east of I65 and KY 480 - SIGNS POSTED.

REASON FOR SALE: By order of the United States Bankruptcy Court, Western District of Kentucky dated April 25, 2006 – Case # 05-60057, the Honorable Michael Wheatley United States Bankruptcy Trustee has commissioned Century 21 Realty Group Hagan Auction Team to sell the following described property under the hammer!

REAL ESTATE: Sale # 1 – 802 N. Third Street, Bardstown, KY – Selling an outstanding 4 plex apartment/store front building right on Louisville Road – one of Bardstown’s most heavily traveled commercial streets. This building consists of 4 apartments and a retail store area. Apartment #1 – is an upstairs unit consisting of 2 bedrooms, bath, family room and kitchen, (currently rented), Apartment #2 – is also an upstairs unit consisting of 3 bedrooms, bath, living room, and kitchen (currently rented), Apartment #4 – is a main level unit consisting of 2 bedrooms, bath, living room, and kitchen, and Apartment #5 – is also located on the main level and offers 1 bedroom, bath, living room and kitchen (currently rented). Unit #3 – was last used as a carpet store and offers 2 retail areas, 1.5 baths, tiled, carpeted and vinyl flooring, separate window units for each retail area, storage closet, and basement (this unit was used as an apartment at one time). The building also offers an attached warehouse area which has a concrete floor, 2 overhead garage doors, and a loft storage area (not currently rented). Building is situated on a 55’ x 160’ lot (now being surveyed) at the corner of forest and N. Third Street (Louisville Rd.) Sale # 2 – 19.815 acres of land – wooded - no improvements – ideal deer & turkey hunting surrounded by hundreds of acres of woodland – this property is located off Deatsville Road & Kinder Lane and is accessed by an extremely well built private road that runs across the front of this tract in Bullitt Co., KY. Sale # 3 – 11.453 acres and a modern log home located at 927 Deatsville Road, Shepherdsville, KY .  BY ORDER OF THE UNITED STATES BANKRUPTCY COURT SALE # 3 HAS BEEN WITHDRAWN FROM THIS AUCTION.

AUCTIONEERS NOTE: Mr. Buyer this is a diverse auction with many varied properties! Sale # 1 – a 4 plex/ store front offers high income and great appreciation potential on a corner lot in one of Nelson counties highest traffic corridors – Louisville Road! Sale # 2 – 19.815 acres of recreational woodland offers the serenity and tranquility of a park like setting with hundreds of acres of surrounding woodland that are full of deer and turkey – a great private get away and only 5.5 miles east of KY 480 and I65 intersection! Sale # 3 – offers a dazzling historic log home that has been completely updated with modern amentities – a beautiful great room and fireplace – plus a large tobacco barn, tool shed, and outbuilding – all situated on 11.453 acres that would be great for cattle or horses – Don’t miss this opportunity to bid and buy these fantastic real properties!!!

CHATTEL PROPERTY: Forklift and carpet.

TERMS: Real Estate: 20% down day of sale in the form of cash, cashier’s check or personal check (with current irrevocable bank letter of credit addressed to Century 21 Realty Group Hagan – if not known to our sales personnel – (NO EXCEPTIONS) – Balance on or before 45 days with delivery of deed. Personal/Chattel Property: cash or personal check with property identification. A ten percent (10%) buyer’s premium will be added to all winning bids to determine the final selling price. The sale and final closing of this property is subject to the approval and confirmation of the United States Bankruptcy Court Western District of Ky.

Terms: Real Estate: 20% down day of sale – (in the form of cash, cashier's check or personal check (with current irrevocable bank letter of credit addressed to Century 21 Realty Group Hagan - NO EXCEPTIONS!!)) - balance on or before 30 days with delivery of deed.

TAXES:  PRORATED TO SCHEDULED DATE OF CLOSING                   AUCTION # 616
POSSESSION:  WITH DEED
U.S. Bankruptcy Trustee – Michael E. Wheatley

BROKER PARTICIPATION IS OFFERED ON THIS AUCTION - CONTACT OUR OFFICE FOR MORE INFORMATION.