COURT ORDERED ONLINE AUCTION
MULTIPLE PROPERTIES WITHIN LACEYS SPRING
ONLINE ONLY Bidding Closes Thursday, January 26th · 7 PM
· THE ESTATE OF WILLARD RAY OWEN ·
Lot 1: 2 HOUSES & COMMERCIAL BUILDING WITH 2-BEDROOM APARTMENT
Highway 231 · Laceys Spring, AL
· Commercial building with apartment on upper level has monthly income of $550
· Brick house directly next door to commercial building has monthly income of $300
· Brick house on back of property has current monthly income of $550
· Has joint driveway ingress & egress
· Will be conveyed by survey description
AUCTION NOTES
· This is an ONLINE auction only that has been ordered by the Probate Court Of Madison County.
· A 10% Buyer's Premium will be added to the highest bid price to arrive at the final purchase price.
· A 20% deposit (escrow money) of the total purchase price will be retained within 24 hours of auction with balance due on or before 30 days.
· Properties will be conveyed by survey or deed descriptions. Please read each lot's information carefully.
· All closings will be held in the office of Attorney Ernest Ball of BALL & ASSOCIATES with office located at 111 Grant Street, SE in Decatur, Alabama 35601. Telephone number is (256) 351-6869.
· 2023 Taxes will be prorated.
· No Broker Participation will be available for this auction.
NOTE: It is very IMPORTANT that every Bidder read and understand the terms & conditions BEFORE bidding (either online or LIVE). Each Bidder is solely responsible for inspecting this property BEFORE bidding (property is sold AS IS, WHERE IS).
We strongly encourage all bidders to inspect/ask questions regarding this potential purchase.
This auction will be conducted by Fowler Auction & Real Estate Service, Inc.
Mickey Fowler, CAI, CES, AMM, AARE; ALSL466, TNSL1442, TNFIRM2315, GASL1394
Daniel Culps, CAI; ALSL5070, TNSL5890
8719 Highway 53 · Toney, AL 35773
(256) 420-4454 · www.fowlerauction.com