Absolute Real Estate Auction: 620 Chinoe Road, Lexington KY 40502
Listing ID#: 869323
| Sale Location |
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620 Chinoe Road Lexington, KY 40502 |
| Sale Dates and Times |
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Thursday Jun 18, 6:00 pm to 6:05 pm |
| Sale Type |
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  Live with Online Auction (local pick-up only)VIEW ONLINE CATALOG |
| Company Information |
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Noel Auctioneers & Marketing Group Contact: Jonathan Noel Phone: 859-612-9175 Email: info@noelauctioneers.com Website: www.noelauctioneers.com EstateSale.com ID#: 10828 View company information and listings |
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| Listing Terms and Conditions |
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Terms & Conditions – Absolute Auction
Absolute Auction Property SELLS TO THE HIGHEST BIDDER or BIDDERS REGARDLESS OF PRICE. Live on-site Absolute Auction with simultaneous internet bidding available. Buyer’s Premium A 10% Buyer’s Premium will be added to the high bid to determine the contract price. Example: $250,000 high bid + 10% BP = $275,000 contract price. Earnest Money / Deposit 10% of the contract price, non-refundable (except as stated in the purchase agreement if Seller cannot convey marketable title). On-site Absolute Auction winner: 10% due the day of the Absolute Auction (personal or business check accepted). Wire $25,000 to escrow no later than 24 hours before the Absolute Auction to be approved to bid. Non-winning bidders: the $25,000 is returned within 24 hours after the Absolute Auction or next business day. Winning bidder: the $25,000 applies to your earnest money deposit. If 10% of the contract price exceeds $25,000, wire the additional amount needed to reach 10% within 24 hours after the Absolute Auction or next business day. Winning bidder must sign the purchase agreement immediately after the Absolute Auction (on-site or electronically). Closing Closing to occur on or before 45 days after the Absolute Auction Target date: on or before Monday, August 3, 2026. Balance due at closing wire transfer or Cashiers check. No contingencies for financing, appraisal, or inspections. 2026 real estate taxes prorated as of closing per local practice. Seller to convey marketable title by customary deed; any liens or delinquent taxes satisfied by Seller at or before closing. Buyer pays their customary closing costs. Absolute Auction Method & Ending Live on-site Absolute Auction with simultaneous online bidding. Absolute Auction bidding continues until bidding activity slows. The Auctioneer will give “fair warning” to both live and online bidders before declaring the property SOLD at Absolute Auction. There is no fixed ending time; the Auctioneer has sole discretion to close Absolute Auction bidding. Bidder Verification All bidders must register with Noel Auctioneers & Real Estate Advisors for the Absolute Auction. Identities will be verified; if we cannot verify identity, bidding approval for the Absolute Auction may be denied. Technical Issues (Online Absolute Auction Bidding) In the event of a server, software, or internet failure during the Absolute Auction, the Auctioneer may extend, suspend, or close bidding. Registered Absolute Auction bidders will be notified by email as needed. Property Condition & Disclaimers Property sells AS-IS, WHERE-IS, with all faults, at Absolute Auction. No warranties, express or implied, are given by Seller, Broker, or Auctioneer. All information is believed to be accurate but not guaranteed. It is the bidder’s responsibility to inspect the property, review all documents, and verify any information of importance prior to bidding in the Absolute Auction. Announcements made on Absolute Auction day take precedence over any prior advertising or printed material. Legal Venue Any disputes arising out of the Absolute Auction or the purchase contract shall be resolved in a court of competent jurisdiction in Fayette County, Kentucky. |
| Listing Information |
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Absolute Real Estate Auction: 620 Chinoe Road, Lexington KY 40502ABSOLUTE AUCTION -- SELLS TO THE HIGHEST BIDDER REGARDLESS OF PRICE!
Bring your contractor and your creativity! This spacious 4-bedroom, 2.5-bathroom home offers a solid foundation and timeless character, perfectly primed for a modern transformation. Whether you're looking to flip or craft your forever home, this property is a blank canvas ready for updates. Hardwood floors run throughout the first floor, the cozy living room serves as the heart of the home, featuring a classic fireplace perfect for chilly evenings. The dedicated dining area boasts charming built-in corner cabinets, providing both storage and a touch of architectural interest. A full basement offers massive potential for a home gym, media room, or additional storage. Includes a 2-car detached garage, offering plenty of space for vehicles, a workshop, or hobby gear. Buyers premium will be added to the final bid price and non-refundable earnest money required. Property sells AS-IS, WHERE-IS with no contingencies. Auction Details
Property Previews
The Property Features:
Auction Terms
Opportunities like this do not come along often — be prepared to bid. |
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