Live On-Site with Internet Bidding Real Estate Auction 310 Cassidy Avenue, Lexington KY 40502

Real Estate Auction | 310 Cassidy Avenue | Lexington, KY 40502

Live On-Site + Online Bidding Available

Join us for a Real Estate Auction opportunity to purchase your forever home in Chevy Chase at 310 Cassidy Avenue, Lexington KY 40502. This property is a MUST see.

• 5 Bedrooms/3.5 Bathrooms

• 0.199 Acres

• 3453 sq. ft.

 Auction Details

• Auction: Saturday, May 9, 2026 @ 12:00 PM (EST)

• Location: 310 Cassidy Avenue, Lexington KY 40502

• Bidding: Live On-Site with Simultaneous Internet Bidding

 Property Previews

• Monday, April 27 | 4:00–7:00 PM

• Thursday, April 30 | 5:00–7:00 PM

• Private showings available

Real Estate Auction Terms

• 10% Buyer’s Premium

• 10% earnest money required

• No contingencies

• Closing on or before June 30, 2026

Opportunities like this do not come along often — be prepared to bid.

📝 How to Register for the Farm Real Estate Auction

On-Site Bidders (Auction Day)

Please bring:

• Valid driver’s license

• Proof of funds or lender pre-approval letter

Online Bidders (Required Before the Auction)

• Internet Bidders wire $25,000 to escrow no later than 24 hours before the Auction to be approved to bid.

• Non-winning bidders: the $25,000 is returned within 24 hours after the 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 Auction.

📌 Terms & Conditions – Farm Real Estate Auction

Farm Real Estate Auction

• Property SELLS TO THE HIGHEST BIDDER SUBJECT TO SELLER CONFIRMATION.

• Live on-site Farm Real Estate 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: $500,000 high bid + 10% BP = $550,000 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 Auction winner: 10% due the day of the  Auction (personal or business check accepted).

  • Wire $25,000 to escrow no later than 24 hours before the Auction to be approved to bid.

  • Non-winning bidders: the $25,000 is returned within 24 hours after the 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 Auction or next business day.

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

Closing

• Closing to occur on or before 45 days after the Auction

  • Target date: on or before Tuesday, June 30, 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.

 Auction Method & Ending

• Live on-site Real Estate Auction with simultaneous online bidding.

• 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 Auction.

• There is no fixed ending time; the Auctioneer has sole discretion to close Auction bidding.

Bidder Verification

• All bidders must register with Noel Auctioneers & Real Estate Advisors for the Real Estate Auction.

• Identities will be verified; if we cannot verify identity, bidding approval for the Real Estate Auction may be denied.

Technical Issues (Online Auction Bidding)

• In the event of a server, software, or internet failure during the Auction, the Auctioneer may extend, suspend, or close bidding.

• Registered Auction bidders will be notified by email as needed.

Property Condition & Disclaimers

• Property sells AS-IS, WHERE-IS, with all faults, at 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 Real Estate Auction.

• Announcements made on Real Estate Auction day take precedence over any prior advertising or printed material.

Legal Venue

• Any disputes arising out of the Real Estate Auction or the purchase contract shall be resolved in a court of competent jurisdiction in Fayette County, Kentucky.