Great Lakes Auction Company, Inc.
Online Only Auctions, Commercial Real Estate
Sep 15, 2017 - Friday September 15th at 5:30p.m. Eastern
502 North Main Street
Somerset, KY 42501
Ford Brothers, Inc.
Phone #: (606)-679-2212
Phone #: (606)-878-7111
Toll Free: 800-526-1637
Mt. Vernon KY
Phone #: (606)-256-4545
Toll Free: 800-435-5454
Phone #: (859)-353-4446
Phone #: (606)-679-2212
Toll Free: 800-526-9430
Custom Built Home @ Absolute Auction
Friday September 15th, 2017 @ 5:30 p.m.
502 North Main St. – Somerset, Kentucky
Preview Times: The property will be available for preview on the following dates: Friday September 8th & Friday September 15th, 2017 from 2:30 p.m. until 5:30 p.m. both days.
Located in the historic section of downtown, Somerset, KY, this beautiful custom built home features 8 bedrooms (all having their own baths and many with fireplaces, two parlors, gourmet kitchen, spacious dining area, finished basement with owners quarters, outdoor pavilion, wrap around porches, the home is uniquely designed!
Completed in 2005, this custom built home is a replication of the original façade. Situated on a lot measuring approximately 150’x 300’, this structure has on the main floor a foyer entrance, two beautiful parlors, dining hall, powder room, full commercial kitchen, pantry, utility room, large office, master bedroom suite with jetted tubs and double sinks. A striking staircase leads to the second floor where you will find a total of seven bedrooms, each having their own bath. Two of the bedrooms can become adjoining rooms having a kitchenette. The fully finished walkout basement which is fully finished has a walnut bar, full bathroom, laundry room, huge storage area, and a storm shelter. There is a elevator to all three floors.
In addition there is a two car garage with attic storage. There is also an outdoor pavilion with ceiling fans and wood fired oven. All kitchen appliances remain with the property.
Built like no other, the custom built home has 12” poured concrete walls, 2 courses of 5/8”rebar, 2”x6” exterior walls, interior walls are 2”x6” and are insulated for sound deadening, doors and windows are Anderson Therma-Pane, outside basement walls are tarred and insulated with 2”Styrofoam before backfill with 8”foundation drains in place, floor joists on the main floor are doubled with 2x12 yellow pine on 16” centers, exterior 2x6 walls are storm sheathed with 1x10 lumber applied on a diagonal for strength and longevity, moisture barrier wrap and tar paper added before siding, siding is hardy board for durability and paint adhesion, railings and posts are vinyl clad for maintenance, flashing are all hand made from copper and shingle are 35 year architectural, all mechanicals (plumbing, electrical, HVAC) have anticipated chases, main center beams on both floors are steel I beams computer sized for load and the second floor decking material is Trex (zero maintenance).
Interior features include poplar trim and doors, hardwood flooring (4” pre-finished hickory from Somerset Hardwoods), all bathrooms, kitchen and bar area are ceramic tile, and the basement has laminate hardwood. The chandeliers in the dining hall were custom made by a blacksmith in Maine, the bar in the basement is walnut, mahogany and African lacewood, all other cabinetry is birch with a spice stain. The kitchen has commercial gas range with commercial exhaust hood exiting roof with all welded joints (full Ansul fire suppression system, two dishwashers, and 3 door reach in refrigerator.
Note: Online bidding will be available.
~~TERMS: 20% deposit within 48 hours of sale completion. The balance will be due within 30 days.
NOTE: There will be a 10% Buyer's Premium added to final sales price.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its “as-is” condition with no warranties express or implied.
For additional information contact the auctioneers at 606-679-2212.
Announcements made the day of the auction take precedence over printed matter.