12050 Southbay Drive MINIMUM BID ONLY $150, 000! Located on the south side of Knox Lake in a peaceful neighborhood just minutes from Fredericktown, this property offers an excellent opportunity for a homeowner, investor or buyer looking for an affordable property with room to make it their own. Situated on two parcels totaling approximately 0.665 acre, the property features a 960 sq. ft. ranch home built in 1957 with 3 bedrooms, 1 full bath, full basement and central air. The home's manageable size and traditional floor plan provide a solid starting point for updates and improvements. Outside, you'll find a spacious yard with plenty of room to enjoy the quiet setting. The property also offers excellent storage and workspace with a 24' x 24' detached garage plus an additional 26' x 12' outbuilding/shed with electricity located on the adjoining parcel. Enjoy the relaxed atmosphere of the Knox Lake area while remaining only minutes from Fredericktown and convenient to Mount Vernon. Whether you're looking for a starter home, downsizing opportunity, investment property or renovation project, a $150, 000 minimum bid makes this one well worth a look. Make plans to join us for the auction! **ON-SITE AUCTION DATE: Saturday 9/26 Real Estate sells at 12 Noon with personal property auction starting at 10AM** Auctioneer On Site: Friday 9/18 5-6PM, Tuesday 9/19 11AM-12PM & on auction day. AUCTION TERMS: Property is selling in AS-IS condition with a minimum bid of $150, 000. NO BUYERS PREMIUM charged on this auction. The successful bidder will be required to enter into a purchase contract that is available for review prior to the auction. A 10% (Cash or Check) non-refundable down payment is required from the successful bidder on the day of the auction. The balance is due at closing within 30 days. Any inspections desired by bidders must be before the auction and at their expense.