Real Estate Auction - Home and Shop - Roanoke, AL

Real Estate Auction - Home and Shop - Roanoke, AL

Real Estate Auction – Home and Shop – Roanoke, AL  Online Auction Closes June 3, 2025 at 6pm CST! AUCTION: Country Home with Workshop on 5± Acres - Bidding Ends June 3, 2025 at 6pm CST  Opportunity to own this 3 bedroom, 1 bath country property featuring a substantial 54'x34' steel workshop on 5± acres of usable land. This 1,836 sq ft residence (per Randolph County GIS) includes the original 1963 structure with a 1989 addition. PROPERTY HIGHLIGHTS: • 5± Acres of Level, Usable Land • Paved, County-Maintained Road Frontage • 3 Bedroom, 1 Bath Home (1,836 sq ft) • Insulated Steel Workshop (54'x34') with Concrete Floor, 3 Bays and 2 Walk-in Doors • Convenient Rural Location on County Road 268.   

Real Estate Auction – Home and Shop – Roanoke, AL 

Online Auction Closes June 3, 2025 at 6pm CST

AUCTION: Country Home with Workshop on 5± Acres - Bidding Ends June 3, 2025 at 6pm CST 

Opportunity to own this 3 bedroom, 1 bath country property featuring a substantial 54'x34' steel workshop on 5± acres of usable land. This 1,836 sq ft residence (per Randolph County GIS) includes the original 1963 structure with a 1989 addition.

PROPERTY HIGHLIGHTS: • 5± Acres of Level, Usable Land • Paved, County-Maintained Road Frontage • 3 Bedroom, 1 Bath Home (1,836 sq ft) • Insulated Steel Workshop (54'x34') with Concrete Floor, 3 Bays and 2 Walk-in Doors • Convenient Rural Location on County Road 268. 

IMPORTANT PROPERTY DISCLOSURES:

  • The property currently uses a well located off-property with no formal water easement in place
  • Public water is available at County Road 268 for future connection
  • Septic system requires repair/replacement
  • Home was treated for termites in 2019 by Rice Pest Control with no known current activity (full report available in documents section)

This property presents potential for buyers seeking acreage with both residential and substantial workshop space. The older home needs updating but offers good bones on level land with excellent road access. Ideal for those looking for a workshop property with room for equipment, animals, or gardening.

Property being sold AS-IS with no contingencies. 

See document section for additional property information, termite reports, and auction terms.

Register to Bid Today!
For more information, property details, or to schedule a site visit, contact us. Don’t miss your chance to invest in these properties!

Buyer's Premium Fee of 10% is added to High Bid

SOLD "As Is” "Where Is"

Must Provide Proof of Funds or Pre-Approval Letter Before Bidding

Please call to schedule your showing 

Auctioneer, Ron Young 334-885-1787  

 

Agents – We Offer a Referral Program! Call us for details.

Ron Young Auctioneer AL#5390 

TERMS AND CONDITIONS

SOUTHERN AUCTION SOLUTIONS

Online Only Auction

PLEASE READ CAREFULLY: This document describes the Bidder/Purchaser's responsibilities and disclosures. Failure to read and understand these Terms and Conditions is a failure of the Bidder/Purchaser and not a cause to void a bid placed or a contract signed. All sales are final.

Southern Auction Solutions, Ron Young, Auctioneer, AL #5390 GA #4397, and Southern Auction Solutions staff will hereby be known throughout this document as "Auction Company."


IMPORTANT DISCLOSURES

Property Viewing

Bidders may schedule viewings of the property. In most cases, the Auction Company will require the bidder to meet registration requirements and be approved to bid prior to scheduling an in-person viewing. Some properties are open for public viewing at any time. Please contact the Auction Company for viewing instructions.

Auction Closing Process

When the auction begins to close, it will close with a two-minute auto-extend feature. If a bid is placed on any tract within the last two minutes, the bidding will remain open for an additional two minutes. This will continue until no bids are placed for two full minutes, at which point the auction will close. Winning Bidders will receive a phone call from the Auctioneer with next steps at the conclusion of the auction.

Property Information

Tract sizes and flagging are estimates obtained from our mapping software and are not exact. These estimations are for the bidders' convenience only and are not guaranteed. Interested parties should conduct their own due diligence. Tract sizes are not exact unless a survey is completed. No reduction in price will be due for tracts surveying to be less acreage than advertised. Our sizes are estimates only.

IMPORTANT PROPERTY DISCLOSURES: • The property currently uses a well located off-property with no formal water easement in place • Public water is available at County Road 268 for future connection • Septic system requires repair/replacement • Home was treated for termites in 2019 by Rice Pest Control with no known current activity (full report available in documents section)

This property presents potential for buyers seeking acreage with both residential and substantial workshop space. The older home needs updating but offers good bones on level land with excellent road access. Ideal for those looking for a workshop property with room for equipment, animals, or gardening.

Property being sold AS-IS with no contingencies. 

See document section for additional property information, termite reports, and auction terms.

 

"As Is, Where Is" Condition

  • Due Diligence – It is the Bidder/Purchaser's responsibility to examine the property independently. We have disclosed any known defects. We believe the information provided is factual but not guaranteed. We strongly urge you to perform your own study of the property before placing a bid.
  • The information provided regarding the size of the property and any other factors are estimates only, used for the convenience of the Bidder/Purchaser unless confirmed by a recent survey. Auction Company is not responsible for the exact size of property.
  • All information is believed to be either estimates or accurate; neither the descriptions nor any oral statements made by the Auction Company shall be construed as a warranty, either expressed or implied. The Bidder/Purchaser acknowledges having inspected the property being bid on and accepts it with any and all faults.

AUCTION TERMS

1. Purchase Contract

The property is offered under the specific terms provided in the Real Estate Sales Contract. A sample Real Estate Sales Contract is available under the document tab.

a. Bidders will be manually approved for registration to bid online.

b. A deposit of 10% of the high bid is required. The deposit is due to the Auction Company by 5:00 pm CST the day after the online auction is concluded via wire transfer or cashier's check. Bidder/Purchaser must provide Proof of Funds to be approved to bid. This can be a letter from your bank, a pre-approval letter or intent to loan from a lender, a screenshot of your bank account, or anything showing you have the ability to cover the amount of your bid. Notice to Non-U.S. Citizens: All deposits must be arranged through wire transfers to Southern Auction Solutions. Non-U.S. Citizens' certified checks will not be accepted.

c. The winning Bidder(s) will be required to sign a binding, non-contingent Real Estate Sales Contract within 24 hours after close of the auction.

d. Bidding increments for each tract are a minimum of $1,000.00. However, this may change as the Auctioneer sees fit. Bidders may enter a higher amount.

THE BID AMOUNT SHOWN AS THE HIGH BID IS WITHOUT A BUYER'S PREMIUM. ALL BIDS WILL HAVE A 10% BUYER'S PREMIUM ADDED TO DETERMINE THE FINAL SALES PRICE PLUS THE COST OF CLOSING.

2. Terms of Sale

Winning Bidder(s) will receive a Real Estate Sales Contract via email to be executed and returned to Ron@SouthernAuctionSolutions.com or completed through DocuSign. Ten Percent (10%) Non-Refundable deposit of the High Bid Price must be wired or sent by certified check to Southern Auction Solutions trust account within 24 hours of auction conclusion. Remaining balance is due at closing within 30 DAYS.

3. Bidder Verification

Bidder registration is required. Southern Auction Solutions will verify all registrations. Bidding rights may be terminated without notice if verification fails or online terms are not met. Auctioneer may require proof of funds letter.

The Auctioneer has the right to deny or suspend bidding privileges as deemed necessary to protect the interest of the auction and the Seller. The Bidder shall have no recourse. If the registering bidder cannot understand the terms or communicate that they understand the terms for the auction, bidding will not be approved.

4. Buyer's Premium

A 10% Buyer's Premium will be added to the bid price for the final sale price. Example:

  • Bid Price: $100,000
  • Plus 10% Buyers Premium: $10,000
  • Total Sale Price: $110,000

5. Bidding Format

The Bidwrangler platform is utilized for timed online auctions. A high-speed internet connection is recommended. The auto-extend feature adds 2 minutes when a bid is placed within 2 minutes of ending. For example, if an auction scheduled to end at 4:00 p.m. receives a bid at 3:59 p.m., the conclusion of the auction automatically extends to 4:01 p.m. The auto-extend feature remains active until no further bids are received within the 2-minute time frame. The winning Bidder is the final Bidder whose bid has not been raised in the 2-minute time frame.

A maximum bid can be placed on any property. For technical assistance, contact Rita Young at 334-646-9627.

6. Auction Bid Default

In the event a winning Bidder/Purchaser fails to submit the executed Real Estate Sales Contract as well as the required non-refundable down payment as provided in the Auction Terms, there may be remedies for the seller as a result of default, including legal action for seller's losses.

7. Closing

Closing will occur within 30 days of the auction. Seller pays prorated taxes. Buyer pays all other closing costs. The purchase is not contingent on inspections or financing. Delays beyond 30 days without written authorization constitute breach, resulting in deposit forfeiture and liability for resale costs. Legal claims will be filed in Randolph County, Alabama.

8. Agency Disclosure

Southern Auction Solutions represents the SELLER in ALL transactions.

9. Disclaimer

All information contained herein is believed to be correct. By accepting the Terms & Conditions, you acknowledge you have read and understand them. The information is being furnished to Bidders for the Bidder's convenience; however, it is the responsibility of the Bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient's risk. Each Bidder must conduct and rely solely upon their individual investigation and inspection. The property is being sold "AS IS" "WHERE IS" with any and all faults. All properties are sold subject to any and all existing matters of record, all easements, and local zoning regulations. There are NO CONTINGENCIES for financing, appraisals, repairs, or inspections or any other requirements that may be required by a mortgage company. Please review all information supplied and seek appropriate assistance prior to bidding.

Bidder acknowledges that hardware malfunctions, software malfunctions, viruses, and similar issues do occur and are beyond the knowledge, scope, and control of the Auctioneer. We are NOT responsible for your system malfunctions, connection to the Internet, or your email stopping any of our emails to you regarding bid confirmations and/or outbid notifications.

Read the descriptions and view photographs carefully. If you have any questions, please call the Auctioneer at 334-885-1787. Using YOUR knowledge and experience, form your own opinion of the property and bid accordingly. If you are in doubt, DO NOT BID. The property is SOLD "AS IS" "WHERE IS"; this is an AUCTION and all SALES ARE FINAL. Bids cannot be retracted and are binding contracts between Bidder and Auctioneer/Seller. Bidder is accountable to be informed about property and associated costs before bidding. The starting bid is not the Reserve Price. Auctioneer reserves the right to reopen bidding. Auctioneer's decisions will be final. Some auctions have a minimum selling price established by Seller ("Reserve Price"). Except where prohibited by law, Auctioneer may counter bid on behalf of Seller on any property up to the amount of the Reserve Price (and no such bid will result in a sale of the property). If the Reserve Price is not met, Seller is under no obligation to sell the property; however, Seller may accept a bid that is below the Reserve Price at their sole discretion. Auctioneer reserves the right to reopen bidding. Auctioneer's decisions will be final.

10. Merchantable Title

Seller to convey good title by warranty deed or other appropriate deed. Reasonable extension will be granted for title issues. Non-refundable deposit will be refunded if title is unmerchantable.

11. Changes and Announcements

Auctioneer reserves the right to deny admission, postpone/cancel auction, withdraw property, or alter terms upon announcement.

12. Auction Subject to Prior Sale

"Auction subject to prior sale" does not mean it is our intention or goal to sell the property before the auction OR that there is a listed price posted on the property. Southern Auction Solutions is legally bound to present any and all written offers to the Seller at the time they are presented. Although we endeavor not to encourage pre-auction offers unless they are exceptional, we are obligated to present all of them, regardless of when, how, or from whom they arrive. Although the intent is to auction the listed property, the ultimate goal is to sell the property for a price satisfactory to the Seller or Court which has jurisdiction. If the property is sold prior to auction, the Auctioneer will do his best to give notice to all other interested parties.