Auction Information

Contact Information
W. Todd Hess
Email: todd@coleauction.com
Phone: 256.541.2964
Auction Type

Simulcast Auction

Auction Schedule
Auction Dates

Start Date: May 21, 2022

End Date: May 21, 2022


Auction Preview Dates
May 21, 2022 from 9:00AM-10:00AM

Auction Bidding Dates
May 05, 2022 at 5:21PM through May 21, 2022 at 10:00AM
Auction Location
101 Marquise Way
Madison, AL 35758




From 565 Eastbound, take Wall Triana Exit (Exit 9), L on Wall Triana, R on Madison Blvd, L on Slaughter, L on Eastview, turn R into Woodfield subdivision on Mabry, R on Kensington; Lot is on corner of Kensington and Marquise Way.

From 565 Westbound, take Madison Blvd exit (Exit 13), R on Slaughter, L on Eastview, turn R into Woodfield subdivision on Mabry, R on Kensington; Lot is on corner of Kensington and Marquise Way.

From Hwy 72, South on Slaughter, L on Eastview, turn R into Woodfield subdivision on Mabry, R on Kensington; Lot is on corner of Kensington and Marquise Way.
Auction Description

Excellent Home Lot in the Heart of Madison
This beautiful half acre lot is located in the heart of the city of Madison. The lot is a wonderful corner lot with mature trees in the well-maintained Woodfield subdivision and boasts an excellent school district. This is a rare opportunity for a buildable lot in central Madison. Restrictions: min 2200 sq ft for a one story dwelling, nor less than 1200 sq ft ground floor living area for more than one story, total heated living area for a dwelling of more than one story shall be not less than 2400 sq ft.
Auction held on site Saturday, May 21, 2022 @ 10:00 AM. Auction will be a live simulcast with prebidding available.

 

Auction Documents

Plat

Catalog
Terms & Conditions
*Online bidders must contact W. Todd Hess at 256-541-2964 within a minimum of 48 hours prior to the auction to complete registration for bidding online. No exceptions! A bank Letter of Guarantee in the amount of 10% of the minimum bid price may be required to complete registration.

*A 10% Buyers Premium to be added to the final bid to determine the contract price on the Real Estate.

*All property is sold “AS IS, WHERE IS”. Cole Auction works strictly as an agent for the seller.

*10% down day of the sale, balance to be paid in 30 days or less.

*Property is selling subject to all restrictions, easements and rights-of-ways.

*Property to be sold "by the acre". (Bid x Acres = Total before buyer premium)

*Seller to pay prorated taxes and provide clear deed and title.

*Purchaser to pay all of their own closing costs.

*All decisions of the Auctioneer are final in case of bidding disputes.

*Seller reserves the right to deny or expel anyone who attempts to disrupt the sale.

*Property is to be considered to be sold under reserve unless otherwise specified. Cole Auction does not disclose the reserve price prior to the live auction.

*Seller reserves the right to accept a winning bid prior to the live auction.

*Property maps, surveys, inspection, are for reference and sale purposes only. Neither the Auction Company nor the seller guarantees any of the information given.

*It is the responsibility of the buyer to verify all specifications and conditions of the property.

*No warranties or guarantees are being made as to condition, age or value prior to sale date.

*No contingencies shall apply to the sale of the property, including a buyer receiving financing.

*Buyers & Sellers and/or their agents may bid at the live auction, online, or by phone. Employees of Cole Auction may bid on behalf of others up to and including online bids, phone bids, absentee bids, and prebids.

*All information that is being given is believed to be correct and reliable but is not guaranteed by the Auction Company.

*Announcements made day of the sale take precedence over any written material.

*Cole Auction will pay outside brokerage 2% of net commission. Sales price minus concessions (i.e. expenses and/or commission reductions). Agents must register with W. Todd Hess at todd@coleauction.com or Beau Cole at beaucole@msn.com prior to auction. NO EXCEPTIONS! Agents and/or their clients must participate in the live auction to qualify for the payment.
 

Cole Auction

1580 Sparkman Drive, Suite 102
Huntsville, Alabama 35816
Phone: (256) 837-0701
Fax: (256) 837-3830

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