LOCATION! LOCATION! LOCATION! ** COMMERCIAL OR RESIDENTIAL PROPERTY, FRONTING HWY. 127! ** No Minimum! No Reserve! Property Sells Regardless of Price! ** The stated price does NOT indicate a minimum or maximum price - it is only a nominal value required by the MLS system for posting. ** ONLINE ONLY ABSOLUTE ESTATE AUCTION ** Ending Tuesday, August 31st at Approx. 6 PM CDT ** Residential or Commercial Property with High Visibility Fronting Highway 127 featuring 1 1/2 story Vinyl-Sided House and Outbuilding on a HIGHLY VISIBLE 1.23 Acre m/l Lot! ** Auction Held for the Ernest & Mary Lester Estate ************ HOUSE DESCRIPTION: This great property offers high visibility on Highway 127 between Russell Springs and Jamestown. The beautiful lot has a new survey and offers 1.23 acres m/l with over 252 feet of road frontage. This would make a great commercial location or investment property; however, the house on the property features has several modern updates and is described as follows; this 1 & 1/2 story vinyl sided house offers 2 bedrooms on the main level, 2 rooms upstairs, updated bathroom, updated kitchen, dining room, large living room and utility porch. The house has nearly 9ft. ceiling on main level, beautiful wood doors and trim, hardwood floors appear to be under carpeting, updated central heat & air (heat pump system), double pane tilt windows, city water and 3 dimensional shingled roof. This house is surrounded by shade trees also has an 18ft. x 20ft. carport and blacktop driveway. ** TERMS: REAL ESTATE: A Non-Refundable 10% deposit within 48 hours of auction ending and balance due with deed on or before 30 days. No Contingencies - IF YOU CAN'T CLOSE, DON'T BID. A ten percent (10%) buyer's premium applies. Taxes will be prorated for 2020. Purchaser is responsible for own title search if desired. Property to be transferred with a good insurable General Warranty Deed. All property is sold in "AS IS" and "WHERE IS" condition. ALL SALES ARE FINAL! SEE FULL TERMS & CONDITIONS UPON REGISTRATION. BUYER'S PREMIUM: 10% Buyer's Premium applies. ** DYNAMIC SOFT CLOSE: If a bid is placed in the final 3 minutes of an auction, the close of the auction will be extended until no further bids are received within a 3 minute time frame. ** AUCTIONEER'S NOTE: This property is in a great central location that is convenient to town and schools on the pathway to progress. Get online & get bidding at your price! ** Note: The successful bidder will be required to sign a lead based paint waiver as required on any house built prior to 1978.