SOLD!!! The Auzie Kuykendall Powell Estate, 2 Houses, 188 Acres!!
If you’ve been looking for choice country property in Albertville Alabama in Marshall County then look no further!
Saturday, October 31st, Auctions United will be selling the Auzie Kuykendall Powell Estate in Albertville, Alabama.
This is a sale for division among heirs.
Part 1: Auction TIme - 10:00 AM Central- 188 Acres off of Kuykendall Road and Old Water Plant Road
Part 2: Auction Time - 12:00 Noon Central, The Powell Home and 4 Acres of land at 26 Powell Road (on Alabama Highway 75)
Part 3: Auction Time - 4:00 PM Central, Rental house at 106 Burns St, Albertville, Alabama
Part 1- Auction Location on the property site
Part 2- 26 Powell Road, Albertville, Alabama (Corner of Highway 75 and Powell Road)
Part 3- 106 Burns St, Albertville, Alabama
Part 1
The Auzie Powell Estate is made up of 188 acres of beautiful land near downtown Albertville, Alabama.The land has been divided into 14 tracts that vary from around 3 acres up to over 79 acres. This property is a rich mixture of farmland, ready for cultivation and densely wooded areas. Most of the tracts have road frontage on either Kukendall Road or Old Water Plant Road. All of the tracts are a short distance from Alabama Highway 75 and are convenient to Albertville shopping areas.
Part 2
This auction is for the home and four acres belonging to the Auzie Powell Estate. This triangular lot is located at the corner of Alabama Highway 75 and Powell Road. The older brick home is arranged typical to the period and has a large separate living room and dining room, spacious bedrooms, and comfortable kitchen and family room. There is a two car garage with storage, and numerous outbuildings in various conditions. The property is just a few miles from downtown Albertville and is convenient to Albertville shopping areas.
BONUS!!!!!!!
In addition to the home Auctions United will be selling a rare barn find. A 1976 Buick Riviera with only 36,000 actual miles! This luxurious Buick was the Powell’s daily driver until 1985. It was kept garaged and run occasionally until about 20 years ago when it was parked in this garage and forgotten about. The car has only 36,000 actual original miles and ran perfectly the last time it was started, over 20 years ago. For this reason, the car is being sold as-is where is with no warranty either written or implied. Talk about a great fixer upper with only 36,000 miles!
Part 3
Rental House at 106 Burns Street Albertville, Alabama. The house was built in 1922 and has aluminum siding and a fireplace. It has 1345 square feet of living space on a lot roughly 75 feet by 160 feet. There is a wooden utility building out back for storage. It is convenient to local shopping areas and downtown Albertville.
To Part 1-
From downtown Albertville, take Alabama Highway 75 and go 2 miles to Thomason Road. Turn right and go .2 miles to Kuykendall Road. Turn left and go 1.3 miles to Old Water Plant Road. Look for the signs!
To Part 2-
From the intersection of US 431 and Alabama Highway 75 in downtown Albertville, take Alabama Highway75 east and go 3.5 miles to Powell Road. The Powell house is on the right. Look for the Auctions United signs!
To Part 3-
Go to 106 Burns Street in downtown Albertville.
For more information contact Jim Givens at Auctions United, 800-222-5003.
There will be a 10% Buyer’s Premium added to the final bid and due the day of the sale. The balance is due in 30 days.
Auctions United’s Real Estate Offering Method
Tracts Only Method
Auctions United has divided the property into Tracts. Each Tract has been assigned a Tract Number and an Acreage Amount shown on the plat. The property will be sold on a price per acre basis. Once a price has been established the high bidder can select a single tract or multiple tracts. The purchase price of that tract or tracts is determined as shown below: Assume the bidder selected a tract containing 6 acres.
Tract Per Acre Bid X Acres = Bid Price+ 10% Buyers Premium + Survey Fee = Contract Price
For Example: 6 acres @ $1000.00/acre X 6.00 = $6000.00 + 600.00 + $595.00 = $7,195.00
The high bidder can select a single tract or multiple tracts at his bid price. Once the high bidder has selected all the tracts he wants at that price the auctioneer will announce to the audience which tracts have been selected. The remaining tracts will then be offered to the audience at that bid price on a “first hand up” basis. The selection of the “first hand up” winner will be at the sole discretion of the auctioneer. This winner will then be allowed to select the tracts of their choice at the current bid price. The newly selected tracts will be announced and the “ first hand up “ process will be repeated until no interest is expressed in the remaining property at the current bid. That process will continue with additional bidders until no additional interest is expressed.
Once there is no interest at that price the auction process of obtaining a high bid will begin again for the remaining properties. This process will be repeated until the entire map is sold. The auctioneer will never designate a tract. He also does not know which tract or tracts the bidders are bidding on. In Theory if the high bidder selected all tracts on the first bid the auction would be over. The property will not be offered in any combinations or in its entirety. You are encouraged to buy multiple tracts to ensure that you purchase the tracts you want. Do not let your tracts get away !!!
