ABSOLUTE AUCTION * 2 FARMS, HOME, & HEAVY EQUIPMENT PADUCAH, KY
Starts: Thu, Sep 25, 2014 6:00PM
Ends: Fri, Sep 26, 2014 6:00AM
Property #1: +/- 86 Acre Hunting Farm @ 6950 Oaks Rd. Symsonia, Ky. 42082: This land will be offered in two +/- 43 acre tracts & has +/- 2,500 ft of road frontage. This is a hot spot for duck hunters and an outstanding opportunity for outdoorsmen of all ages. The property also includes a wetland area, mature timber, and Horseshoe Lake with ducks galore! This hunting farm has an abundance of wildlife & is bound on one side by Clark’s River. There are also numerous mowed access trails & a lake surrounded by gorgeous cypress trees. Rich river bottom soil dredged from Clark’s River has been stockpiled in large amounts on the banks & a wildlife food plot with clover included is in place. The perfect hunter’s getaway for deer, ducks, turkeys, and geese just minutes from town. Other wildlife includes: coyote, beaver, mink, alligator gar, etc. This land is also perfect in off season for a fun family day on four wheelers & trails to enjoy nature. This property is continually leased from year to year with no long term lease presently in place. Hunting rights have been leased in the past for +/- $2,400.00 annually for all game excluding ducks which were retained by the property owners.
Property #2: +/- 40 Acre Farm @ 905 Oaks Rd. Paducah, Ky. 42003: This is desirable income producing, tillable farmland with crops currently in place and home sites available and zoned UR w/sewer & electricity present but not currently connected. The sharecropping revenue distribution (current/new owner) from the current crops will be determined by auction date. Farm will be offered in three tracts consisting of: Tract 1 - +/-34.6735 acres with 3 buildings including: Building #1: +/- 40’ x +/- 500’ barn w/metal roof/sides, ventilation on 2 sides, & engineered trusses. Building #2: +/- 40’ x +/- 60’ with +/- 4’ concrete walls on three sides, concrete floor, +/- 20’ x +/- 40’ apron on end of building, & also contains engineered trusses. Building #3: +/- 20’ x +/- 50’ pole barn w/engineered trusses. Two +/- 12’ x +/- 12’ stand alone grain elevators w/grain bins. Tract 2 - +/- 2.5625 acres with +/- 300’ of road frontage, attractive home sites, city sewer/water available.
Tract 3 - +/- 3.0079 acres with +/- 375’ of road frontage, attractive home sites, city sewer/water available.
Property #3: Home @ 2925 Oaks Rd. Paducah, Ky. 42003: Consider this +/- 1,310 sq. ft under roof home on a +/- 1.56 acre lot for a homebuyer or investor. Located in a quiet country location, this 2 bedroom/1 bath home has vinyl/aluminum siding, & stone wainscoting on the front. It is situated on a shady lot with mature trees in the front & back yards. A concrete sidewalk leads to the front of the home and the front door is covered by an awning & a covered roof over the back entrance. A new dimensional shingled roof was installed in January 2010 and 9 new vinyl replacement windows were installed in June 2013. The +/-12’ x +/- 13’ kitchen has a Frigidaire refrigerator, Capri gas cook stove, painted cabinets, & hardwood floors. The bedrooms are +/-10’ x +/-11’ & +/-10’x +/-11’ with a +/- 5’ x +/-5’ walk in closet in one bedroom combines with hardwood floors. There is a +/-12’ x +/-13’ living room with a Dyna Glo heater & hardwood floors. The den is +/-13’ x +/-24’ with the Martin freestanding heat stove & has carpeted floors. There is also a +/-6’ x +/-7’ mud room, a +/-6’x +/-7’ pantry, & a +/- 7’x +/-17’ utility room with washer & dryer hook up with a Frigidare washer & Roper dryer. There is paneling throughout & all appliances stay with the home. There is also a +/-16’x +/- 18’ storage shed in the backyard. The home has a septic system, city water, natural gas, a 100 amp fuse box, 40 gallon Richmond gas water heater, cooled by 2 window air conditioners & heated by a 35,500 BTU Martin freestanding heat stove.
BULL DOZER: 2002 John Deere 550H LT Dozer, 6 way blade with +/- 3253 hrs.
TRACTOR: 2007 Kubota M9540DT tractor, 95 hp, 4x4, industrial tires, LA1353 loader, Hyd shuttle, roll over protection, & +/- 886 hrs.
VEHICLE: 1995 Ford F150 XLT, ext. cab truck 4x4, 5.0 liter engine with +/- 160k miles
Terms of Auction:
Real Estate: 20% good faith deposit due day of sale. Balance due in 30 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. Announcements day of auction will take precedence over any previous marketing; either written or oral.
Personal Property: Cash, credit card or check day of sale with proper ID required. 10% buyer premium added to final bid. Kentucky sales tax will apply as required unless tax exempt.
Procedure: Initial procedure determined by auctioneer. Two arenas are possible so bring a friend and a chair.
Title: Fee Simple Absolute title delivered.
Deed: Seller will provide a General Warranty or Special 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 & Disclaimer: 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, and 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 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.
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 FORACCIDENTS.
DIRECTIONS TO AUCTION CO.: From I-24 take exit 11 onto John Puryear Dr. heading west approximately 1.5 miles arriving at Auction Co. on right.
DIRECTIONS TO SUBJECT PROPERTIES: From I-24 Exit 11 take John Puryear Dr. East (1954 East) 0.4 miles turning left on Lydon Rd. (3075) and go 1.8 miles arriving at stop sign on Oaks Rd. Turn right for the home tract & the +/- 90 acres hunting farm, turn left for +/- 40 acres farm. Signs posted.