***AUCTIONS*** The list price is the STARTING AUCTION only. Price to be determined during the live auction on Wednesday, May 25, 2022 at 10:00 a.m. EDT. Commission is contingent and will ONLY be paid if the Broker Entry Form is received by the Auction Company no later than 5:00 p.m. on Tuesday, May 24, 2022 at 5:00 p.m. NO EXCEPTIONS! PUBLIC REAL ESTATE AUCTION EVENT Eager to downsize and transition to a more manageable living environment, sellers have engaged us to market and sell this beautiful Madison County property. Additionally, you will also have the option of purchasing 2 adjacent parcels (10.65 +/- acres and 12 +/- acres) with 1,300′ +/- of Rt. 29 frontage. OFFER YOUR PRICE AND MAKE IT YOURS!! On-site live auction with simultaneous real-time online bidding for your convenience!! Need a mortgage loan? Please contact the auction company for further information and details. Property visit: Wednesday, May 18 at 10:00 a.m. SHARP (feel free to bring your inspector/contractor). 4 BR/2 BA home on 4.83 +/- acres in Madison County, VA This home measures 2,440 +/- sf. above ground and 1,402 +/- sf. basement, and has a kitchen/dining room (all appliances are conveyed); living room with fireplace; dining room; den/study; laundry/laundry room (vehicle washer/dryer); walk-out basement; walk-in style attic Hardwood floors throughout the house Heating: oil-fired hot water boiler (1,000 gallon underground tank) and fireplace; Air conditioning: 3 well window units (2 drilled & 1 drilled) & private septic system; electric water heater 8’x14′ front gallery; 14’x16′ side veranda with concrete floor; back porch enclosed mud room with washer/dryer Detached 1 bay 16’x18′ two story garage; several outbuildings (8’x16′, 24’x30′, 16’x28′ & 30’x30′) Other characteristics: Ramp for the disabled; wired for whole house generator; gravel and paved driveway; various standpipes on the property; various fences on the property; 300′ +/- from right. 29 Electrical facade: Rappahannock Electric Coop; Internet: Virginia Broadband This house can be occupied immediately and modernized as you wish. It is located just 13 miles from Culpeper, 17 miles from Orange and a short drive to Charlottesville, VA!! Tax card: 40-73; Book of Acts: 272/609; Zoning: A; Annual County Property Taxes: $1,995.78; The house was built in 1931 and has an aluminum exterior cladding; WE GUARANTEE A FREE AND CLEAR DEED Only $200,000 Starting Bid!! Need financing for this property?? Please contact the auction company for more information. FOR REAL ESTATE AGENTS: If you have worked with a real estate agent, please ask them to click here and complete their entry form. For the Realtor to be compensated, Broker Forms must be completed and submitted no later than 5 p.m. on 5/24/22, and all conditions must be met. Terms and Conditions TERMS: A $10,000 deposit is due immediately upon confirmation of final auction and balance due at closing within 30-45 days. A lesser deposit may be presented if proof of pre-approved financing is presented prior to the auction. Deposits must be in the form of a cashiers check or certified check (from a US bank) made out to you. A 10% buyer’s premium will be added to the final offer and will form part of the purchase price. Property sold as is and not contingent on buyer financing, property condition, appraisal, inspection, etc. Buyer must enter using Lakeside Title & Escrow. Auctioneer’s Note: All information and dimensions are from sources believed to be correct but are not guaranteed. Buyers should rely on their own information, judgment and inspection of the property. All auction day announcements take precedence over any previously printed materials or other oral statements made.