Auction  Details

Proven Trust

Proven Experience

Proven Results

Auction Dates

Starts: Sat, Nov 18, 2017 1:00PM

Description

ABSOLUTE LAND AUCTION
NOEL T. RANKIN SR. IRREVOCABLE TRUST
ATTENTION LAND BUYERS AND HUNTING ENTHUSIASTS!
 
SELLING: +/- 38.3 ACRES IN 2 TRACTS
OFFERED SEPARATE OR COMBINED.
 
CONSIDER:
EXCELLENT HUNTING
ATTRACTIVE BUILDING SITES
LOTS OF PRIVACY
+/- 1,937’ OF ROAD FRONTAGE
LOCATED IN LONE OAK, KY
 
 
TRACT 1 +/- 16.659 ACRES
TRACT 2 +/- 21.716 ACRES
 
 
When: Saturday Nov. 18th @ 1:00 P.M.
Where: 10275 Old Lovelaceville Rd. Paducah, KY 42001
Co-oping auction company:
Bruce W. Deweese Auction Company 270-836-2640
 
Auctioneer’s Note: This Auction has an afternoon start time of 1:00 pm. The Auction will be held on-site rain or shine.
 
Directions:  From I-24 exit 7 (Alben Barkley Dr. exit) travel west on US-62 W/Blandville Rd. 7.4 miles merge left at caution light onto US-62 W continuing 2.6 miles. Turn left onto Womble Road continue 0.9 miles. Turn left onto KY-1837/Old Lovelaceville Road and proceed +/- 0.4 miles arriving at property on left. Signs posted.
 
 
 
Real Estate/Land: This outstanding private retreat is just minutes from town situated in the Lone Oak/McCracken County community. Deere & turkey hunters will be sure to take notice of this outstanding opportunity. The 2 tracts offered contain the right amount of acreage, not to big and not to small! Looking for more, purchase the entire +/- 38.3 acres. Both tracts will be offered separate or combined. Looking to build, there are numerous attractive building sites with lots of privacy!  There has been some selection cutting of mature hardwoods on subject property.
 
 
Acreage Breakdown:
 
Tract 1 contains +/- 16.659 acres with +/- 480’ of road frontage.
Tract 2 contains +/- 21.716 acres with +/- 1,457’ of road frontage.
 
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. 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.
 
 
Auctioneers Note: Preview property in advance of sale or on day of Auction. Signs posted. Auction held on site, rain or shine. 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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