Absolute Auction Live On-Site with Internet Bidding: 2227 Bashford Manor, Louisville KY 40218
Live On-Site Absolute Auction with Internet Bidding – October 23, 2025 at 5 PM EST.
10% Buyer’s Premium added to final bid price.
Property sells AS-IS, non-contingent. Closing on or before 45 days from auction date.
Historic Bashford Manor Inn, also known as The Bray Place, offers a rare opportunity to own a nationally recognized 1796 estate on 2.2± acres in Louisville. This turnkey licensed B&B features 11 fully furnished suites (9 guest, 2 staff), the Pegasus Room for events and dining, multiple porches/patios, and private parking. The 7,100± sq. ft. manor showcases Kentucky hardwood floors, high ceilings, and historic charm blended with modern upgrades including HVAC, kitchens, and recent capital improvements. Grounds include tree-lined lawns, ponds, gardens, and a carriage house with additional suites.
Earnest Money / Deposit
For In-Person Bidders:
- A non-refundable earnest money deposit equal to 10% of the total purchase price is due on the day of the sale.
- Earnest money may be paid by personal check or business check.
- In-person bidders must also present a valid driver’s license and either proof of funds or a lender pre-approval letter
at the time of registration on the day of sale.
For Online Bidders:
1. Pre-Auction Requirement: All online bidders must wire $50,000.00 to Noel Auctioneers’ escrow account no later
than 24 hours prior to the auction to be approved to bid.
2. Winning Bidder Requirement: If you are the successful online bidder, your total non-refundable earnest money
deposit will equal 10% of the total purchase price.
- The initial $50,000.00 deposit will be applied toward this 10% requirement.
- If the 10% earnest money exceeds $50,000.00, the balance must be wired within 24 hours after the auction’s close.
3. Non-Winning Bidders: Your $50,000.00 deposit will be returned within 24 hours after the auction if you are not the winning bidder.
Buyer’s Premium: A 10% Buyer’s Premium will be added to the highest bid to determine the final purchase price.
Purchase Contract / Default: The winning bidder must execute the Auction Purchase Contract and deliver all required earnest money funds within
the deadlines stated. Failure to do so will result in forfeiture of the earnest money deposit, and the seller and
auctioneer reserve the right to pursue all legal and equitable remedies.
Closing: The balance of the purchase price is due in full at closing, which shall occur on or before 45 days after the auction. All
real estate taxes will be prorated for 2025 as of the closing date. Buyers shall be responsible for their portion of
closing costs.
