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ABSOLUTE LAND AUCTION! +/- 102 Acre Farm in West Paducah! Paducah, KY
Auction Dates
Starts: Sat, Aug 15, 2020 10:00AM
Description
ABSOLUTE LAND AUCTION
± 102 ACRE FARM IN WEST PADUCAH!
ATTENTION FARMERS, DEVELOPERS, & INVESTORS!
OFFERED IN 5 TRACTS SEPARATE OR COMBINED
ATTN: EXCELLENT INCOME PRODUCING FARMLAND * MINI-FARMS*
SUBDIVISION DEVELOPMENT FRIENDLY * CLOSE PROXIMITY TO PADUCAH
PROPERTY HIGHLIGHTS:
CLICK HERE TO VIEW VIDEO -->
https://youtu.be/i8NolHOey9E
Auctioneer’s Note: Crops are in place. Please stay out of crop fields with UTVs and trucks. Walking is acceptable. Property is selling subject to current farmer’s rights to harvest current crop. Once the current crop has been harvested new land owner/s retain all farming rights from that point forward and can utilize tillable acreage as they choose. No lease or CRP in place. Sellers are to retain the proceeds from the current crop.
When: Saturday, August 15, 2020 @ 10 A.M.
Where: Auction will be held off-site at The Respite B&B/Banquet Hall located @ 502 N. 5th St. Paducah, KY 42001.
Directions to the Respite B&B/Banquet Hall as followed: Starting from I-24 exit 4 & Hinkleville Rd/US-Hwy 60 (Ky. Oaks Mall exit) take US-Hwy 60 east +/- 2 miles. US-Hwy 60 east turns into Park Ave. continuing +/- 1.4 miles taking a slight right onto Martin Luther King Jr. Dr. Continue on Martin Luther King Jr. Dr. +/- 1.4 miles turning right onto N 5th Street arriving at the Respite B&B/Banquet Hall on the left. Signs posted
Property Address: 4610 Wilmington Road, West Paducah, KY 42086
Directions: Starting from I-24 exit 4 & US-Hwy 60 (Ky. Oaks Mall exit) take US-Hwy 60 West past Ky. Oaks Mall +/- 4.3 miles slightly past McCracken County High School turning right onto KY-305 E/Cairo Rd. Continue +/- 1.4 miles turning left onto Vance Rd arriving at property on the corner of Vance Rd & Wilmington Rd. Signs posted.
Land/Farm Overview:
Tract #1 Containing +/- 11 Acres
This tract is mostly tillable & is situated on the corner of Vance Road and Wilmington Road. Containing +/- 1,914’ of road frontage this income producing parcel also boasts attractive home sites.
Tract #2 Containing +/- 11 Acres
This tract is +/- 75% tillable +/- 25% wooded. Containing +/- 200’ of road frontage with several available home sites.
Tract #3 Containing +/- 25.8 Acres
This tract is +/-70% tillable +/- 30% wooded. Contains +/- 930’ of road frontage with +/- 1,230’ of depth, giving this tract endless development possibilities.
Tract #4 Containing +/- 26 Acres
This tract is +/- 40% tillable +/- 60% wooded with pond. Contains +/- 300’ of road frontage with +/- 1,230’ of depth, this tract boasts attractive secluded home sites overlooking your own private fishing hole!
Tract #5 Containing +/- 28.3 Acres
This tract is +/- 80% tillable +/- 20% wooded. Containing +/- 1,081’ of road frontage with +/- 1,240’ of depth, this tract is low floodplain ground mainly used as income producing cropland. +/- 5 acres of this tract has a history of flash flooding. Farmer attests that for the last +/- 18 years the crops were always intact after heavy rains and were not damaged.
Terms of Auction
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price.
Procedure: Initial procedure determined by auctioneer.
Title: Fee Simple Absolute title delivered.
Deed: Seller will provide a General Warranty Deed.
Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.
Possession: Possession given at closing.
Restrictions: Any recorded restrictions (if any) and zoning regulations apply.
Easements: Sale of property is subject to any and all easements of record.
Absence of Warranties & Disclaimers: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
Auctioneer’s Note: Auction held off-site indoors @ The Respite B&B/Convention Center located @ 502 N. 5th St. Paducah, KY 42001. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.
New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.
± 102 ACRE FARM IN WEST PADUCAH!
ATTENTION FARMERS, DEVELOPERS, & INVESTORS!
OFFERED IN 5 TRACTS SEPARATE OR COMBINED
ATTN: EXCELLENT INCOME PRODUCING FARMLAND * MINI-FARMS*
SUBDIVISION DEVELOPMENT FRIENDLY * CLOSE PROXIMITY TO PADUCAH
PROPERTY HIGHLIGHTS:
- 67 TILLABLE INCOME PRODUCING ACRES
- JSA SANITARY SEWER FULLY ACCESSIBLE
- EXCELLENT ¼ TO ½ ACRE RESIDENTIAL HOME SITE DEVELOPMENT
- HUNTING & FISHING W/± 2 ACRE POND
- NEAR MCCRACKEN COUNTY HIGH SCHOOL, KY OAKS MALL SHOPPING/DINING AREA & BARKLEY REGIONAL AIRFIELD
- ± 4,400 FEET OF ROAD FRONTAGE
CLICK HERE TO VIEW VIDEO -->
https://youtu.be/i8NolHOey9E
Auctioneer’s Note: Crops are in place. Please stay out of crop fields with UTVs and trucks. Walking is acceptable. Property is selling subject to current farmer’s rights to harvest current crop. Once the current crop has been harvested new land owner/s retain all farming rights from that point forward and can utilize tillable acreage as they choose. No lease or CRP in place. Sellers are to retain the proceeds from the current crop.
When: Saturday, August 15, 2020 @ 10 A.M.
Where: Auction will be held off-site at The Respite B&B/Banquet Hall located @ 502 N. 5th St. Paducah, KY 42001.
Directions to the Respite B&B/Banquet Hall as followed: Starting from I-24 exit 4 & Hinkleville Rd/US-Hwy 60 (Ky. Oaks Mall exit) take US-Hwy 60 east +/- 2 miles. US-Hwy 60 east turns into Park Ave. continuing +/- 1.4 miles taking a slight right onto Martin Luther King Jr. Dr. Continue on Martin Luther King Jr. Dr. +/- 1.4 miles turning right onto N 5th Street arriving at the Respite B&B/Banquet Hall on the left. Signs posted
Property Address: 4610 Wilmington Road, West Paducah, KY 42086
Directions: Starting from I-24 exit 4 & US-Hwy 60 (Ky. Oaks Mall exit) take US-Hwy 60 West past Ky. Oaks Mall +/- 4.3 miles slightly past McCracken County High School turning right onto KY-305 E/Cairo Rd. Continue +/- 1.4 miles turning left onto Vance Rd arriving at property on the corner of Vance Rd & Wilmington Rd. Signs posted.
Land/Farm Overview:
Tract #1 Containing +/- 11 Acres
This tract is mostly tillable & is situated on the corner of Vance Road and Wilmington Road. Containing +/- 1,914’ of road frontage this income producing parcel also boasts attractive home sites.
Tract #2 Containing +/- 11 Acres
This tract is +/- 75% tillable +/- 25% wooded. Containing +/- 200’ of road frontage with several available home sites.
Tract #3 Containing +/- 25.8 Acres
This tract is +/-70% tillable +/- 30% wooded. Contains +/- 930’ of road frontage with +/- 1,230’ of depth, giving this tract endless development possibilities.
Tract #4 Containing +/- 26 Acres
This tract is +/- 40% tillable +/- 60% wooded with pond. Contains +/- 300’ of road frontage with +/- 1,230’ of depth, this tract boasts attractive secluded home sites overlooking your own private fishing hole!
Tract #5 Containing +/- 28.3 Acres
This tract is +/- 80% tillable +/- 20% wooded. Containing +/- 1,081’ of road frontage with +/- 1,240’ of depth, this tract is low floodplain ground mainly used as income producing cropland. +/- 5 acres of this tract has a history of flash flooding. Farmer attests that for the last +/- 18 years the crops were always intact after heavy rains and were not damaged.
Terms of Auction
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price.
Procedure: Initial procedure determined by auctioneer.
Title: Fee Simple Absolute title delivered.
Deed: Seller will provide a General Warranty Deed.
Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.
Possession: Possession given at closing.
Restrictions: Any recorded restrictions (if any) and zoning regulations apply.
Easements: Sale of property is subject to any and all easements of record.
Absence of Warranties & Disclaimers: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
Auctioneer’s Note: Auction held off-site indoors @ The Respite B&B/Convention Center located @ 502 N. 5th St. Paducah, KY 42001. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.
New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.
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