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Automotive Facility Real Estate Auction in LaGrange, KY

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Preview

Tuesday, July 21st
10am – 1pm (ET)

Live Auction

Tuesday, July 28th
10am (ET)

Auction Details

Court-ordered auction of an 8,673 square foot automotive facility on a 0.48 acre corner lot.  The property features nearly 1,900 square feet of office/customer area and over 6,700 square feet of service area.  Additional features include (6) overhead doors, paint room and sealed concrete floors. 

Auction Location Address: 800 W. Jefferson Street, LaGrange, KY 40031

Address 800 West Jefferson Street, LaGrange, KY 40031
Zoning C-3 (General Business District)
Parcel Number 46-L.1-04-7B&8
Cause Number 17-CI-00355
Lot Size 0.48+/- Acres
Frontage Area 150′ on W. Jefferson St. / 125′ on Franklin Ave.
Building Size 8,673+/- Square Feet
Construction Type Concerete Block & Framed
Roof Type Flat Membrane
Year Built 1965
HVAC Type Office – Central Air/Forced Air Gas Heat / Shop – Gas Space Heaters
Clear Ceiling Height Various
Parking Lot Paved Asphalt
Assessed Tax Value $305,000 (2019 Certified)
Annual Taxes $4,344 (Tax Rate per $100 = 1.4244) + $125 per lot for road bond.
Court Appraised Value $375,000
 

Additional information on the property is available for download below. This auction is a Court-Ordered Master Commissioner Sale and the transaction will be governed by the same sale terms as all Oldham County Master Commissioner Sales, which are as follows:

SURETY BOND
Ten Percent (10%) Deposit, minimum, is required immediately upon conclusion of the auction in the form of Certified Check, Cash or Money Order (Please make the Certified Check or Money Order payable to yourself in case you are not the successful bidder).

Funding Period
The balance is due within thirty (30) days from date of sale, July 28, 2020. Any unpaid portion of the bid price bears interest at the rate of nine and six tenths percent (9.60%) per annum from the date of sale.

SURETY BOND
The successful bidder must post a surety bond at the sale. A surety bond is posted by a person other than your spouse, present at the sale. The surety must own property free and clear in the amount of the bid. For additional information contact Valerie Shannon, Oldham County Master Commissioner’s office at (502) 222-9898.

For more information, contact our office:
(317) 353-1100 (Office)
info@keyauctioneers.com

Key Terms
** Terms will be consistent with all Oldham Co. Master Commissioner Sales**
Licenses: Seth Seaton (RP3484) & Jonathan Baker (RP2788)
Case No. 17-CI-00355

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