Auction  Details

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Auction Dates

Starts: Sat, Dec 3, 2016 10:00AM

Ends: Sat, Dec 3, 2016 10:00PM

Description

ABSOLUTE AUCTION
SCHMIDT FARMS
RETIRING AFTER 95 YEARS OF FAITHFUL SERVICE
THIS IS A LARGE AUCTION, 2 ARENAS SELLING

EXCITING TURNKEY OPPORTUNITY!
95 YEAR PROVEN TRACK RECORD!

COMPLETE LIQUIDATION OF REAL ESTATE &
PERSONAL PROPERTY ASSETS

REAL ESTATE SELLING: ± 60.2 ACRES IN 2 TRACTS OFFERED SEPARATE OR COMBINED CONSISTING OF LARGE AGRICULTURAL &
COMMERCIAL TRACTS OF LAND

THE ACREAGE CONTAINS A BRICK HOME, SMALL LAKE,
APPLE ORCHARD, MARKET/PRODUCE BARN, GREENHOUSES,
GRAIN BINS, TRACTOR & EQUIPMENT POLE BUILDING & MORE

PERSONAL PROPERTY SELLING: TRACTORS, IMPLEMENTS, VEHICLES, TRAILERS, APPLIANCES, ANTIQUES/COLLECTIBLES, FURNITURE, TOOLS, MARKET SUPPLIES/GOODS, GARDEN/GREENHOUSE SUPPLIES,
HOME DÉCOR, GRAIN BINS, GREENHOUSES, & MORE!!

Auctioneer’s Note: This is a great opportunity to continue this rich and popular Western Ky. business with a long standing tradition of hayrides, pumpkin patches, apple cider, canned goods, candies, fruits, vegetables & much more. Schmidt Farms will transfer their apple cider recipe to the new buyer. The branded name “Schmidt Farms” will not transfer to new owner/s.


When: Saturday, December 3, 2016 @ 10 A.M.
Where: 3005 Cairo Rd., Paducah, KY 42001

Auction held on site rain or shine. Plenty of parking available

Directions: From I-24 Exit 3 travel east on KY-305 E/Cario Rd. 2.4 miles arriving at property on left.


Real Estate:

Consider this well-known location of many family traditions, Schmidt Farms. Property includes: 4 Bedroom, 2 Bath, multi-level brick home w/full basement, and sunroom. Also includes an open air market, 6 greenhouses, 3 grain bins, tool shed, & equipment shed. This prime real estate is situated on +/- 60.2 acres.

Acreage:
Tract 1: ± 42.2 acres zoned agricultural & commercial with ± 581' of valuable commercial road frontage. Tract 1 also contains a 4 bedroom home, produce barn, equipment pole buiding, pond, greenhouses (offered separate), & grain bins (offered separate). Tract 1 has been row cropped routinely year after year.
Tract 2: ± 18.0 acres zoned commercial but has been used primarily for farming/agricultural purposes. ± 279' of road frontage this tract is mostly clear with very few trees.

Home:
Exterior Overview: Long paved driveway and concrete sidewalk lead to the front entrance of the home. The green 3-tab roof, double hung windows, dormers, & brick chimney are accompanied by well-manicured landscaping & mature shade trees for excellent curb appeal!

Interior Overview: 2 story home with a total of +/- 3,186' sq. ft. Breakdown as follows: basement +/- 1,020', first & second floor +/- 1,146'. Oak hardwood, tile, carpet, & linoleum flooring, plasterwork walls & baseboards throughout.


Main Floor:
Bedroom #1: +/- \ 12’8” x +/- 15’6” w/carpet over hardwood flooring, drywall, baseboards, ceiling fan w/light, & cedar lined walk-in closet. Bathroom #1: +/- 6’ x +/- 8’ full bath w/shower, tiled floors, wainscoting, wallpaper, & laundry chute. Office: +/- 6’ x +/- 8’ w/linoleum flooring, baseboards, & wallpaper. Kitchen: +/-9’ x 11’ w/linoleum flooring, wallpaper, ceiling fan w/light. Dining Room: +/- 10’ x +/- 13’ w/carpet over hardwood flooring, baseboards, drywall, chandelier, & picture window. Living Room: +/- 13’ x +/- 19’ w/carpet over hardwood flooring, baseboards, drywall & electric log fireplace. Sunroom: +/- 9’ x +/- 13’ w/carpet over hardwood flooring, baseboards, drywall, tongue & grove wood ceiling boards, ceiling fan w/light, & crank windows.

Upstairs:
Bedroom #2: +/- 10’ x +/- 15’6” w/hardwood flooring, baseboards w/shoe molding, drywall, walk-in closet, & +/- 4’ x +/- 4’ alcove. Bedroom #3: +/- 9’6” x +/- 12’ w/hardwood flooring, baseboards w/shoe molding, & drywall. Bathroom #2: +/- 8’ x +/- 8’ w/linoleum flooring, toilet, sink, tub, & linen closet. Bedroom #4: +/- 15’ x +/- 13’ w/hardwood flooring, drywall, +/- 4’ x +/- 4’ front alcove, & +/- 7’ x +/- 7’ rear alcove.

Basement: +/- 29’ x +/- 33’ w/concrete floor & walls, washer & dryer hookup.

Utilities: 100 amp electrical fuse box, Whirlpool 50 gallon water heater, natural gas, Trane XV80 central heat & air w/compressor outside


Additional Structures:

Market: +/-81’ x +/- 87’ w/metal roof & exterior walls. Showroom: +/- 32’ x +/- 54’ w/concrete floor, 8’ x 8’ overhead doors (3), paneled walls, open ceiling, hanging natural gas furnace, 200 amp main panel box w/subpanels, & Ronk transfer switch for auxiliary power. Workroom #1: +/- 13’ x +/- 54’ w/10’ x 12’ overhead door & sliding doors. Office: +/- 8’ x +/- 10’. Cooler #1: +/- 12’ x +/- 24’ w/insulated walls & 240-volt compressor. Workroom #2: +/- 32’ x +/- 32’. Cider Room: +/- 11’ x +/- 32’ w/8’x 10’ overhead door, insulated walls & ceiling. Cooler #2: +/- 18’ x +/- 26’ x +/- 16’ tall w/two 240-volt compressors. Storage Room: +/- 26’ x +/- 75’.

Greenhouses:
#1 - #5: +/- 27’ x +/- 118’ w/natural gas heater, sprinkler system, plastic cover, 6’x 8’ rollup doors on each end, fan ventilation system.
#6: +/- 27’ x +/- 90’ w/sprinkler system, plastic cover, 6’ x 8’ roll up doors, & fan ventilation system (no heater).

Grain Bins:
#1: 16’ diameter, 13’ tall
#2: 16’ diameter, 10’ tall
#3: 16’ diameter, 10’ tall

Tool Shed: +/- 25’ x +/- 110’ pole barn style building w/concrete floor & 100 amp fuse box.

Equipment Shed: +/- 43’ x +/- 100’ pole barn w/metal walls & roof, 12’ x 18’ sliding doors (2)


Personal Property

Tractors & Implements: Case IH 885XL tractor w/air conditioned cab & 60-70% tire tread, Case 530 triple range diesel front load tractor w/40” bucket & +3,000 hours, Case 530 diesel (hours not legible), McCormick Farmall C tractor, Allis Chalmers AM 3615-6 tractor w/planters, water pump w/6 cylinder engine on trailer, John Deere wheat drills (2), FMC Bean spray rig, Avco Ezee fertilizer spreader, Bush Hog 3108 offset 10’ hydraulic rotary cutter, pull behind finish mower, Howard 6’ rear tine tiller, belt driven 7’sickle mower w/3 point hitch, 10’ wheel disc, John Deere 4/16 breaking plows, 3 point hitch seed sower, 3 point hitch fork lift attachment, 6’ box blade, Winco PTO driven generator, Allis Chalmers pull-behind 2 row planter, bottom breaking plow, 7’ pull behind disc, 10’ cultipacker, 5’ grader blade w/3 point hitch, 2 row cultivator w/3 point hitch, 6’ disc w/3 point hitch

Vehicles: 1977 CB Chevrolet box truck w/77,000 miles, 4 speed w/2 speed axle & V-8 engine. 1986 C20 Chevrolet pickup w/61,000 miles, V-8 engine and topper VIN #1GCGL24W8GS187941

Trailers: 8’ x 16’ wooden wagon/trailer w/3’ sides (Pumpkin Express), 7’x 16’ flatbed trailer, 5’ x 12’ flatbed trailer, 14’ long farm wagons (4)

Fork Lift: Clark 2000# forklift (propane)

Lawnmowers: Troy-Bilt 18 HP Twin II w/Briggs & Stratton engine 42” cut, 3 HP Briggs & Stratton (parts only),

Fuel Tanks: 250 gallon, 300 gallon

Appliances: Kenmore washer, Magic Chef chest freezer, Frigidaire electric stove w/double oven, Sharp microwave, Frigidaire refrigerator/freezer, G.E. upright freezer, 9’ Tyler cooler (needs compressor), 11’ display coolers (2) need repair, 18’ x 26’ x 16’ cooler w/dual 240-volt compressors

Antiques/Collectibles: Ky. Buckeye (Burkhart) cider press Belkap Hardware out of Lousiville, wooden folding chairs, check writers: Paymaster, P.J. Musser, Burroughs, thimbles (4), brass magazine rack, 1990 “Forever Roses” framed print signed & numbered by Glynda Turley w/certificate of authenticity, large collection of LP albums, #3 crocks (2), wood block & tackle, hand drill, auger, Vulcan #7 horse drawn turning plow, draw knife, axes, #4 crock, toaster, wood crates, The Gem #1 Riveter, license plates, weed sickles, Beam scales, rastus plows, #2 crock, Ball quart jars, small cast iron stove, Mesco oil heater, produce scales, #10 crocks(2), horse collar, grocery scales, cabbage cutter, John Deere #20 child’s tractor w/wagon, dehorner, cattle head catcher, wooden ice cream freezer, wooden shipping crate, slide rocking chair, Kirchoff’s Bakery display table, whiskey barrels (5), seed sower, seed scoops, washboards, wheat cutter/shocker, horse double & single trees, well buckets, wagon wheel, tobacco baskets (2), double washtubs, numerous 3’x 4’ wood crates, milk cans, brick layer hawks, metal Motorola radio sign, metal Farm Bureau sign, Yopp Seed Co. sign, Chesterfield sign, Spencer Kellogg & Sons Seed sign, Gilliam Candy boxes, Spinks platform scales, Southington by Baum fine china tea set w/4 cups, Meiko Nippon dragon pattern fine china set: plates, cups, saucers, teapot, covered rice bowl, cream pitcher, vintage rose pattern dishes by Wanelo, Gilliam Candy lead press plate, Ball glass oil dispenser

Furniture: 4 drawer filing cabinet, chests of drawers, vintage dining table w/5 chairs, hall tree, mahogany bedroom suite: headboards, footboards, dresser w/mirror, night stand, & 6 drawer chest of drawers, electric lift recliner, plant stand w/marble top, jewelry chest, free standing mirror, West Branch cedar chest, tea table, rose pattern chair, assorted chairs, 2 drawer wood dresser, black wooden rocker, black wooden ladder back chair, small wooden bookshelf, full bed w/headboard & footboard, dresser w/mirror, single bed brass headboard, Lane cedar chest w/padded seat, green chair w/ottoman, small wooden table w/3 shelves, white chest w/5 drawers, Sherrill sofa w/flower pattern, round wooden table w/marble top, square wooden tables w/marble top (2), padded rocking chair, wooden entertainment cabinet w/6 doors, green wingback chairs (2) w/one footstool, claw footed round wooden pedestal tables w/drawer (2), coffee table w/marble top, small wooden pedestal table, leather recliner, padded footstool, Herschede grandfather clock (Cincinnati, OH) w/celestial movement purchased in 1957 (original paperwork included), wooden claw footed dining table w/6 chairs & leaf, wooden display chest, wooden china bureau w/2 drawers, brown wrought iron chairs (2), brown wood 2-person glider, brown, rocker glider w/footstool, wooden fern stand, kitchen table w/drop leaves & 2 chairs, baking pans, roll top wooden desk w/wood pedestal rolling desk chair, metal card table w/4 chairs, Singer pedal sewing machine, Pfaff 1221 sewing machine w/cabinet & bench

Home Décor: milk glass lamps, floor lamp, roll top trunk w/tray, electric lamp w/hurricane globe, 3’ wall hanging mirror, “John 3:16” painting by Ken Holland, ornate framed print of woman reading the bible, brass pedestal lamp w/chimney, misc. candleholders, wicker baskets, hanging bird cage w/wooden frame, free standing iron lamp w/twisted pattern decorative pole, steel iron doorstops (6), soapstone table lamp

Kitchenware: glass cake stand, silverware, ice cream scoops, serving bowls, Signature Gourmet blender, metal pie plates, toaster, Corning Ware bowls w/lids, misc. glasses & tumblers, Silver plated: serving bowl, gravy boat, small bowl, misc. coffee pots (2), silverware, butter dish, coffee/tea set: coffee pot, teapot, cream & sugar.

Electronics: Sonic 5 CD changer & player, Pioneer double cassette player w/Synchro copy system, 2’ Cerwin Vega 5E series speakers, Sharp XE-A203 cash register, Verifone credit card machine, Chromatic 20” television, Magnavox stereo w/turntable, PA amp

Tools/Parts: frost prevention lanterns for apple orchard, Diehl 115-volt ½ HP grinder, 6/12 volt battery charger, Craftsman ½” socket & ratchet set, mechanic creepers (2), power cords, anvil, McCulloch Mac 130 chainsaw w/14” bar, Poulan “Wild Thing” 18” chainsaw w/case, hydraulic tree trimmers (2), Magna Force portable 1 HP air compressor, 18” pipe wrench, 20” pipe wrench, grease gun, oil can, hammers, T-bars, 5” adjustable vises, Black & Decker ½” hand drill, crescent wrenches, small hand pump, 2 man crosscut saw, shop light, Skil Heavy Duty reciprocating saw w/adjustable speed control, paint gun , Skil 7”-9” disc sander, Homelite XL-12 chainsaw w/20” bar, welding helmets, Miller 230 volt AC arc welder model # M-180, small crosscut saw, Miller’s Fall 747 8” saber saw, Weed Eater GBI 22-volt, bolt cutters, hydraulic jack, level, draw knife, gear puller, pipe threads, sledge hammer, tree pruner, Delta 115-volt ¼ HP drill press serial #RM-307, mounted pipe threader, bench grinder w/Emerson ¾ HP motor, floor shop fan, brace & bit hand drill, wood planer, hay forks, shovels, 50 gallon hand pump, orchard ladder, large come-a-long, Centech battery charger, striping machine, pallet jacks, 12 gallon wet/dry vacuum, high lift jack, hose reel, railroad baggage carts (2), Speedaire by Dayton electric air pump model # 4Z791, work benches (wooden & steel), 2 wheel cart puller. Parts: alternators (2), misc. bolts, washers, & nuts, Bulldog 70547 gearbox serial #590100323, electric motors (5), assorted: disc plates, harrow, cultivators, & plow shovels, boom pole, Century AC motor 115/230 volt

Market Supplies/Goods: wire display racks, Lobee Ag-pak 40’ conveyer system, +/- 1300 gallon plastic jugs, 240-volt motor & hydraulic press complete cider maker, ½ bushel baskets, wooden display boxes & crates, neon “OPEN” sign, B.E. Wagali 5’H x 7’ L display case with cooling system. Goods: misc. potato chips, popcorn. Candies: old fashioned stick candy, chocolate cream drops, lemon drops, licorice drops, butterscotch drops, horehound drops, & sour apple drops. Canned Goods: watermelon rind pickles (12), red raspberry spread (10). Salsa: Vidalia onion & peach (6), Hot Mad Mango (4), pineapple (4), Blazin Habanero (7), Vidalia onion & tomato (11), Vidalia onion & jalapeno (8). Relish: Old Fashioned Country (4), Zesty Vidalia Onion (11), sweet onion (3), pepper (11), Vidalia onion (9). Chow-Chow: mild (6) corn (6), hot (14). Hot Sauces: Vidalia onion picante (6), Sunburn Orange (5), Hell’s Kitchen Habanero (2), Good and Evil (7), Mean Jean’s 3-Pepper (7), Vidalia onion & orange (4), Fire Roasted Habanero (9), Key Lime Margarita (4). Dressing: blackberry walnut (12), apple pecan (12), peach pecan (12), Vidalia onion & poppy seed (12), lemon caper (12), lemon peppercorn (4), green olive tomato (8), Vidalia onion & peppercorn (10), vinaigrette w/garlic & olive oil (6). Preserves: peach preserves (8), elderberry preserves (7), pear preserves (5). Jelly: apple cinnamon (2), green pepper (14), key lime (4), red pepper (10), red currant (9), guava (6), scuppernong grape (7), muscadine grape (7). Butter: apple (36), pumpkin (48), peach (34), plum (18), apricot (22), mango (22), sweet potato (12), cherry (24). Jam: jalapeno tangerine (10), rhubarb raspberry (5). Barbeque Sauce: apple cinnamon (12), key lime (12), honey habanero (12), horseradish (12), Vidalia onion (24).

Garden/Greenhouse Supplies: insect soap, grow lights, Miracle-Gro plant food, 200’ irrigation hose, +/- 150 pieces of 3”- 4” aluminum irrigation pipe, wheelbarrows (2), 4 wheel garden cart, walk behind garden planters (2), drip irrigation hose, tomato stakes, Hi-Yield: garden fertilizer, blood meal, magnesium sulfate, & garden dust. Seeds: beets, collards, cucumbers, kale, yellow squash, radish, spinach, turnips, turnip greens, watermelon, & pumpkin.

Misc: metal cot, costume jewelry, clarinet w/case, ice skates, Kodak Instamatic X-15 camera, vintage dolls (2), electric mattress pad, misc. tires, gas cans, Panasonic 12 amp vacuum w/micron 4 stage filtration, mens' ties, womens' hats w/boxes, indoor fans, Hoover upright vacuum, Reddy Heater Pro155 “155,000” Salamander heater, Reddy Heater Atomaster Salamander heater, 3 point hitch, motor oils (variety), +/- 120 concrete blocks, steel posts, Lake States fruit & vegetable equipment




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. 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.

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.

Personal Property: Cash, credit card or check day of sale with proper ID. 10% buyer premium added to final bid. Kentucky sales tax will apply as required unless tax exempt.

Vehicle Terms: Payment for vehicle is cash or check only, no credit cards accepted. Titled vehicle will remain in the possession of the estate until the check clears unless paying with cash.

Auctioneer’s Note: Purchasers will have the following business day (Monday) to remove merchandise, if necessary. 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. Concessions provided by Rivertown Dogs.

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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