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5332 Westhall Ave.
Louisville, KY 40214
Reason for sale: The owner has relocated out of state
Bidding Ends: Tuesday, June 14, 2022 beginning at 7:00 pm
Open House / Inspection: Sunday, June 12, 2022, 1-3 PM
To view additional disclosure documents please click on the “Documents” tab.
For terms and conditions of this auction please click on the “Terms” tab.
10% Buyer’s Premium $7,500 down payment
For questions and assistance please call Scott Bohnert, Realtor with
Keller Williams Louisville East / Brad Long Group at (502) 609-2011 or
Rick Wardlow, Auctioneer, Wardlow Auctions at (502) 489-5515 or (502) 593-3888.
Property Details
Location: The property is located in the Iroquois Park area, 1 block east of New Cut Rd., and between the re-developed Colonial Gardens and Palatka Rd., in the Kenwood Heights Subdivision.
Lot size: .2043 acres
No. of stories: 1.5
Square footage of house: The first and second floor contain approximately 1,224 sq. ft. The actual floor space is slightly larger but cannot be counted due to the slant of the upstairs ceiling. The walkout basement has about an additional 910 sq. ft .
Exterior: Brick veneer.
PVA assessed value: $106,150
Year built: 1950 (per PVA)
Zoning: Residential
Rooms: A total of 6 rooms on the 1st and 2nd floor plus 1.5 baths
First floor: Consists of a living room with fireplace with Bedford stone façade, dining room, bedroom (with 1 closet) and kitchen.
Second floor: Consists of 2 bedrooms; one with 2 closets and 1 with one closet, and a full bath.
Basement: A full, unfinished, walk-out basement consisting of 5 rooms including an all-purpose room, a full bath room, laundry room, mechanical room and a storage room with built-in shelving. PVA shows the basement as having 450 finished sq. ft. While it may have been nicely finished at one time, in our opinion it would be misleading to consider it finished at this time.
Flooring: 1) Oak hardwood flooring in the living room, dining room, hallway and all 3 bedrooms
2) Tile flooring in the kitchen and the first and second floor bathrooms.
Closets: Five -- 2 on the first floor and 3 upstairs
Utilities:
1) A fairly recent Bryant gas furnace. An inspection sticker on the vent is dated Sept. 2010, but we were told it was thought the furnace was more recent than that.
2) A Carrier A/C unit with mfg. date of January 2017
3) A 40 gal. gas fired hot water heater, installed June 2006
Age of Roof: Unknown
Appliances and Other Personal Property Remaining with the House:
All kitchen appliances shall remain with the property. They consist of a refrigerator, range, microwave oven and a countertop Jenn-Air. The refrigerator works but condition of the others is unknown. There is window unit A/C in each of the upstairs bedrooms but condition is unknown.
Sun porch: There is an enclosed 16’ x 7’ sun porch on the side of the house with tile floor and accessible from the kitchen.
Garage: None. Street and driveway parking available.
Other Features:
1) Replacement windows: Vinyl replacement windows are on the first and second floor.
2) Deck: A wood deck off the first floor bedroom and with stairway access from the back yard
Condition: This home is an excellent candidate for rehab. It has been vacant and is in need of cleaning some repairs. A portion of the plaster ceiling in the living room has fallen; boards have been installed to prevent further decline. A portion of the ceiling in the first floor bath has fallen due to a water leak. The leak has been fixed but the ceiling has not. Two of the hardwood floor planks in the dining room are out of alignment. And of course there is normal cleaning, painting, etc. The back yard appears to have good potential but is presently overgrown with foliage.
Real Estate Terms & Conditions
5332 Westhall Ave., Louisville, KY 40214
This auction is being conducted in cooperation between Keller Williams Louisville East and Wardlow Auctions Inc. Questions regarding the property and/or auction should be directed to Scott Bonhert with Keller Williams Louisville East or Rick Wardlow with Wardlow Auctions Inc.
Wardlow Auctions, Inc. Keller Williams Louisville East / Brad Long Group
3600 Chamberlain Ln., Suite 356 9911 Shelbyville Rd., Ste. 100
Louisville, KY 40241 Louisville, KY 40223
Office: (502) 489-5515 Email: Scott@BradLongGroup.com
Email: office@wardlowauc.com Contact: Scott Bonhert, Realtor, (502) 609-2011
Contact: Rick Wardlow, Auctioneer, (502) 593-3888
Inspections: All descriptions and information are believed correct, but are not guaranteed. The property is being sold “as is - where is” with no guarantees or warranties. It is the Bidders responsibility to inspect the property and research any and all descriptions and information to their complete and full satisfaction prior to bidding. Potential buyers are welcome to get any home or other inspections they desire prior to the auction. However, the sale will not be contingent upon any inspections, either prior to or after signing of the Auction Purchase Contract.
Bidders are encouraged to attend the following preview/open house:
Sunday, June 12, from 1-3 pm. For other viewing, please contact Scott Bonhert at (502) 609-2011.
Auction Ending Date: June 14, 2022
Buyer’s Premium: A 10% buyer’s premium will be added to the winning bid to determine the final selling price. For example, if the closing bid is $100,000, the Buyer's Premium would be $10,000, resulting in a final contract selling price of $110,000.
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.
Bidding Increments: The bidding increments for this auction are set at $250; thus all bids must be in increments of at least $250. The auctioneer reserves the right to adjust the increment amount at any time during the auction.
Placing Bids: Online bids can be made using two methods: selecting the green button that says “Bid (amount)” or selecting the green button that says “Set Max.”
“Bid (Amount):” This button shows the next bid required and allows the bidder to input a single bid as in a live auction. For example: if the bid is currently $100,000, the green box will say “Bid $100,250.
“Set Max” Feature: This feature enables you to set a maximum bid so the computer does your bidding without you 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. 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. You can raise a bid or raise your maximum bid at any time prior to the close of the auction.
Close of Bidding: Bidding is scheduled to close Tuesday, June 14, 2022, beginning at 7:00 p.m. Eastern Time. All bids/offers should be made through this bidding site and shall be in accordance with the Terms and Conditions set forth for this sale.
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 contacted to schedule signing of the purchase contract. The purchase contract must to be signed by the prospective buyer and returned to Keller Williams or Wardlow Auctions by personal delivery or email no later than 2:00 pm EDT, Wednesday, June 15, 2022. 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 $7,500. The down payment must be received by Keller Williams or Wardlow Auctions Inc. no later than 2:00 PM EDT on Wednesday, June 15, 2021. The down payment may be in the form of an official bank check or wire transfer payable to Keller Williams Louisville East or Wardlow Auctions Inc.
Closing: Closing for the properties must be on or before July 17, 2022. 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.
No Conditions or Contingencies: 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. The sale in not contingent upon any factors including, but not limited, to financing, appraisal, or inspections. Potential buyers are welcome to get any inspections they desire prior to the auction, however the sale will not be contingent upon any inspection, either prior to or after signing of the Auction Purchase Contract.
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: Click on the “Documents” tab on the bidding page for links to various real estate information documents. All information provided in advertising and otherwise is believed correct, but is not guaranteed.
Broker Participation: A Broker or agent whose client is the buyer of the real estate may be entitled to a broker participation fee equal to 2% of the final bid price. Agents must register their client prior to 5:00 pm on Tuesday, January 25, 2022. Brokers and agents may obtain the registration form by clicking here.
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 shall be able to place bids on their own behalf or on behalf of bidders who do not have access to a computer.
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 must be provided in order to authenticate the bidder and deter defunct bidding. No charges will be made against the card. Registration may only be completed with an acknowledgment that the bidder has read and understood all terms and conditions for the sale and online bidding.
