71 Reilly Road, Frankfort KY 40601

Join us for a unique Live On-Site Absolute Auction with Internet Bidding at 71 Reilly Road, Frankfort KY 40601

Auction Date: Saturday, October 18, 2025 10:30 AM (EST)

• Open House: Sunday, October 12, 2025 2:00 - 4:00 PM (EST) and Wednesday, October 15, 2025 4:00 - 6:00 PM (EST)

Great fixer-upper opportunity! This 3-bedroom, 2-bath home offers plenty of potential with its spacious layout and desirable features. Enjoy the large sunroom filled with natural light, a covered back patio perfect for relaxing or entertaining, and a fenced yard for privacy. With a little TLC, this property can be transformed into the perfect home or investment.

Auction Terms:

• Deposit: 10% down payment required on the day of the auction.
• Payment Balance: Due in full within 45 days.
• Buyer’s Premium: A 10% buyer’s premium will be added to the final bid to determine the final sales price.

Live On-Site Auction with Internet Bidding 71 Reilly Road

Live On-Site Absolute Auction with Internet Bidding, for Property Located at: 

71 Reilly Road, Frankfort KY 40601

Bidding Details: Bid now at: Bid.Noelauctioneers.com

Auction Schedule (Eastern)

·       Auction: Saturday, October, 18 2025 10:30 AM (EST) – live on-site + simulcast online

·       Open House / Preview:

·       Sunday, October 12, 2025,  2:00 – 4:00 PM (EST)

·       Wednesday, October 15, 2025, 4:00 – 6:00 PM (EST)

·       Private showings: By appointment

·       Primary Contact — Jonathan Noel, Owner/Auctioneer — 859-612-9175 jonathan@noelauctioneers.com

How to Register

On-Site Bidders (auction day)

·       Bring:

·       Valid driver’s license

·       Proof of funds or lender pre-approval letter

Online Bidders (required before auction)

·       Wire $15,000 to escrow no later than 24 hours before the auction to be approved to bid.

·       Non-winners: the $15,000 is returned within 24 hours after the auction.

·       Winner: the $15,000 applies to your earnest money (see below). If 10% exceeds $15,000 wire the balance within 24 hours after the auction.

Terms & Conditions

Absolute Auction

·       Sells to the highest bidder regardless of price.

·       Live on-site with internet bidding available.

Buyer’s Premium

·       10% added to the high bid to determine the contract price.

·       Example: $200,000 high bid + 10% BP = $220,000 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).

·       Due auction day for on-site winners (personal or business check accepted).

·       Due within 24 hours for online winners (wire).

·       Winning bidder must sign the purchase agreement immediately after the auction (on-site or electronically).

Closing

·       On or before 45 days after the auction (target: on or before Tuesday, December 2, 2025).

·       Balance due at closing. No financing, appraisal, or inspection contingencies.

·       2025 Real estate taxes prorated as of closing per local practice.

·       Seller to convey marketable title by customary deed; any liens/delinquent taxes satisfied by Seller at or before closing.

·       Buyer pays their customary closing costs.

Auction Method & Ending

·       Live on-site with simultaneous online bidding.

·       The auction continues until bidding activity slows. The Auctioneer will give “fair warning” to both live and online bidders before declaring SOLD.

·       There is no fixed ending time; the Auctioneer has discretion to close bidding.

Bidder Verification

·       All bidders must register with Noel Auctioneers & Real Estate Advisors.

·       Identities will be verified; if we cannot verify identity, bidding approval will be denied.

Technical Issues

·       If a server, software, or internet failure occurs, the Auctioneer may extend, suspend, or close bidding. Registered bidders will be notified by email.

Property Condition & Disclaimers

·       Property sells AS-IS, WHERE-IS, with all faults, and no warranties (express or implied).

·       Information is believed accurate but not guaranteed.

·       It is the bidder’s responsibility to inspect the property and verify all information.

·       Auction-day announcements take precedence over any printed or advertised material.

Legal Venue

·       Any disputes shall be resolved in a court of competent jurisdiction in Franklin County, Kentucky.

Contact Noel Auctioneers & Real Estate Advisors

Primary Contact — Jonathan Noel, Owner/Auctioneer — 859-612-9175 jonathan@noelauctioneers.com

• Closing date on or before: 12/2/2025 before 5:00 PM (EST)