Auction  Details

Proven Trust

Proven Experience

Proven Results

Auction Dates

Starts: Sat, Jul 29, 2017 10:00AM

Description

ABSOLUTE LAND AUCTION
4 CARLISLE COUNTY FARMS TOTALING ± 312.915 ACRES
 
THE WILLARD PEEBLES IRREVOCABLE TRUST
 
ATTENTION FARMERS & HUNTING ENTHUSIASTS!
4 FARMS OFFERED IN 7 TRACTS SEPARATE OR COMBINED
NO LONG-TERM LEASE AGREEMENT IN PLACE
 
HIGHLIGHTS OF ALL 4 FARMS:
ATTRACTIVE INCOME PRODUCING ROW CROP FARMLAND
EXCELLENT HUNTING PROPERTY
± 312.915 TOTAL ACRES
± 174.5 TILLABLE AND ± 138.415 WOODED
± 6,245’ OF ROAD FRONTAGE
NUMEROUS HARDWOODS
 
 
When: Sat. July 29th @ 10 A.M.
Where: Milburn Fire Department located at 4325 St. Rt. 1371 South Milburn, Ky. 42070
Air conditioned facility with snacks and drinks provided.
 
Auctioneer’s Note: When previewing properties please respect the owner’s & farmer’s crops and do not enter fields with trucks or UTVs. Farms are in close proximity to each other and directions below use a common starting point.
 
DIRECTIONS TO ALL 4 FARMS
Directions to Tract 1 ± 78.219 Acre Farm: From downtown Milburn, KY Hwy 1371 & KY Hwy 80 intersection take KY Hwy 1371 southwest 0.5 miles arriving at property on right. Signs posted. Directions to Tracts 2&3 ± 54.996 Acre Farm: From downtown Milburn, KY Hwy 1371 & KY Hwy 80 intersection proceed south on KY Hwy 80 West 0.2 miles arriving at property on left. Road easement to tract 3 is on KY Hwy 80 West beside Milburn United Methodist Church ± 250’ from Intersection starting point. Signs Posted. Directions to Tracts 4&5 ± 42.028 Acre Farm and to Tracts 6&7 ± 137.6725 Acre Farm: From downtown Milburn, KY Hwy 1371 & KY Hwy 80 intersection proceed south on KY Hwy 80 West 0.5 miles turning left on County Road 1119 then continue south 0.2 miles arriving at property on right. Continue south on County Road 1119 an additional ± 0.6 miles arriving at fourth farm tracts 6&7. County Road 1119 is a gravel base road in front of this farm.
 
Consider this awesome opportunity to purchase productive crop land & outstanding hunting property all on the same day!
 
TRACT 1 (FARM #1): Tract 1 contains ± 78.219 acres with ± 59 tillable. There is
± 718’ of road frontage and a corn crop is in place.
TRACTS 2&3 (FARM #2): Tract 2 contains ± 7.080 acres with ± 5.8 tillable. This tract has a home in place and is in need of repairs. There is ± 543’ of road frontage. This tract would be perfect for the construction of a new home & lake. Tract 3 is served by an existing dirt road easement beside The Milburn United Methodist Church. Tract 3 has ± 47.916 acres with ± 19 tillable and beans are currently in place. TRACTS 4&5 (FARM #3): Tract 4 contains ± 28.577 acres with ± 10.7 tillable. This tract contains ± 814’ of road frontage and corn is currently in place. Tract #5 contains ± 13.451 acres with no tillable land. This tract contains ± 969’ of road frontage. TRACTS 6&7 (FARM #4): Tract #6 contains ± 83.527 acres with ± 57 tillable acres. This tract contains ± 1,575.17’of road frontage and beans are currently in place. Tract #7 contains ± 54.145 acres with ± 23 tillable acres. This tract contains ± 1,630’ of road frontage and beans are currently in place.
 
 
 
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. Bank letter of credit required if unknown by Auction Co. Bidders are responsible for their own inspections and verifications either before or during day of auction. Showings are by appointment only or between the hours of 8:00 AM-10:00 AM on day of auction. Announcements day of auction will take precedence over any previous marketing, either written or oral.
 
Procedure: Initial procedure determined by auctioneer.
 
Title: Fee Simple Absolute title delivered.
 
Deed: Seller will provide a 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. Errors and/or omissions insurance are assumed by the seller or the auction company. 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: Any announcements made the day of the 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.
 
 
 
 
 
 
 

Terms & Conditions

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. Bank letter of credit required if unknown by Auction Co. Bidders are responsible for their own inspections and verifications either before or during day of auction. Showings are by appointment only or between the hours of 8:00 AM-10:00 AM on day of auction. Announcements day of auction will take precedence over any previous marketing, either written or oral.

Procedure: Initial procedure determined by auctioneer.

Title: Fee Simple Absolute title delivered.

Deed: Seller will provide a 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. Errors and/or omissions insurance are assumed by the seller or the auction company. 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: Any announcements made the day of the 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.



Directions

Directions to Tract 1 ± 78.219 Acre Farm: From downtown Milburn, KY Hwy 1371 & KY Hwy 80 intersection take KY Hwy 1371 southwest 0.5 miles arriving at property on right. Signs posted. Directions to Tracts 2&3 ± 54.996 Acre Farm: From downtown Milburn, KY Hwy 1371 & KY Hwy 80 intersection proceed south on KY Hwy 80 West 0.2 miles arriving at property on left. Road easement to tract 3 is on KY Hwy 80 West beside Milburn United Methodist Church ± 250’ from Intersection starting point. Signs Posted. Directions to Tracts 4&5 ± 42.028 Acre Farm and to Tracts 6&7 ± 137.6725 Acre Farm: From downtown Milburn, KY Hwy 1371 & KY Hwy 80 intersection proceed south on KY Hwy 80 West 0.5 miles turning left on County Road 1119 then continue south 0.2 miles arriving at property on right. Continue south on County Road 1119 an additional ± 0.6 miles arriving at fourth farm tracts 6&7. County Road 1119 is a gravel base road in front of this farm.

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