Building Sites, Creek And Marketable Timber In Edmonson Co, KY - 212.364 Acres
212.364 Acres / Edmonson County, KY
Live and Online at Ranchandfarmauctions.com
Auction Date: 11/01/2023 Auction Time: 11:00 AM
Auction Location: Centre on Main, 425 S Main Street, Leitchfield, KY 42754
Entire Farm Description:
Farms just don’t come much prettier than this one! It features multiple building sites boasting million-dollar views, 35 acres of grassland and the remainder in timber that hasn’t seen a harvest in several decades. There’s a peaceful creek meandering through the middle of the property. Two older barns in good condition are on the property and at least 2 locations have electric and water on site. This property has been used for cattle for decades. There is some fencing and gates present but will likely need repair. There are 3 points of access with good road frontage. One access point is a shared private road leading to an adjacent property. A brand-new survey was completed this year. This area is well known for producing trophy quality bucks as well as large flocks of turkeys.
Lease Status: none
Possession: Immediate possession
Survey needed?: No survey needed
Lat/Lon: 37.2921, -86.3833
Zip Code: 42210
Tract 1 Description: 19.9950 Acres
Tract 1 has electric, water, and septic already in place as well as over 525’ of road frontage. There is a breathtaking building site up the hill from the former home site. It overlooks a perfect location to build a fishing lake and has gorgeous views in all directions. With approximately 3 acres of woods and the remainder in good grassland, this parcel will make an exceptional homestead or hobby farm. If you’re a hunter, make sure to consider tract 2 as an addition to this parcel. Sellers are licensed real estate agents.
Tract 2 Description: 29.381 Acres
Tract 2 is an excellent building tract with 475’ of road frontage and easy access to electric and water utilities. There is a creek flowing through the property and approx. 27 acres of timber that the local critters call home. There are ATV trails through the woods allowing access for hunting. This tract pairs well with tracts 1 and 3 if you’re looking to stretch your legs more.
Tract 3 Description: 69.351 Acres
This creek bottom tract has a beautiful rock bottom creek, that flows most of the time, winding its way along the field edge for over ¼ mile. There are plenty of building site options with easy access to utilities. It has 190’ of road frontage and a shared driveway with a legal, deeded easement. There is approximately 7 acres of grassland so a small hobby farm or homestead would be a great fit. The remaining acreage is all wooded. The timber hasn’t been cut in several decades. There’s plenty of mast producing oaks to keep the deer and deer hunter happy. If you need more acreage, add tract 4!
Tract 4 Description: 49.685 Acres
This all-wooded hunting tract includes a legal deeded easement for access and utilities. Electric and county water are approximately 1250’ from the property or you can save by building an off-grid hunting cabin. The timber has not been harvested in several decades and contains plenty of mast producing oaks. This is a prime hunting tract with an ATV access trail around the perimeter, flat creek bottom that can be cleared for food plots and hills for those big wary bucks to hunker down. The rock bottom creek meanders for over ¼ mile through this property and flows most of the year.
Tract 5 Description: 26.956 acres
Tract 5 is dynamite! It includes electric and water on site as well as 2 barns, both in good condition. It is accessed via a legal deeded easement and shares a driveway. This is a great micro-farm, homestead with gorgeous building sites. It is mostly grassland with scattered trees and grown-up fence rows. Don’t be surprised when you hear quail whistling or see a big buck munching on clover or gobbler strutting in the spring. This one has a lot to offer and will pair well with tract 6 for more hunting opportunity.
Tract 6 Description: 24.140 Acres
Tract 6 is a dandy micro-hunting property in an area well known for trophy quality bucks. The topography is gradual and accessible by foot. This all-wooded tract includes a legal deeded easement for access and utilities. Electric and county water are approximately 2000’ from the property or you can save by building an off-grid hunting cabin. The rock bottom creek which flows most of the year meanders through the lower portion of the property for nearly 800’. The timber is middle aged to mature and hasn’t been harvested in decades.
Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction - cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments
Buyers premium 10%
Real Estate Auction Terms and Conditions
- Terms Of Sale
Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!
Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.
All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The broker and Auction Company represent the seller only and do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.
Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are prorated through the day of closing as is customary. Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.
The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.
Tracts sold by the acre - The contract will indicate the current acreage , bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that results in a change to acreage, the contract will be adjusted to that acreage prior to closing and purchase price will reflect that change in acreage.
If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.
Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following auction to the Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent with the Purchase Agreement thru DocuSign. The balance of the purchase price and all closing costs are due within 30 days.
Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.
For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.
Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.
All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.
If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.
Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.
The information contained within is believed to be accurate but seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All sale day announcements will take precedence over any prior advertising or announcements.
LEGAL DESCRIPTIONS AND ACREAGE FIGURES:
All stated Measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more or less and obtained from sources to be considered reliable such as; government tax records, mapping software, assessors office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.
- Broker Participation
Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.
- Auction Type
Live and Online
Subject To Seller Confirmation
IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (237494)
Debbie Laux, Ranch & Farm Auctions, Kentucky Broker License # 247145
Derek Fisher, Whitetail Properties Real Estate, KY Broker License #265593
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Dave Skinner, Kentucky Land Specialist for Whitetail Properties Real Estate, LLC, 270.791.3705
Cody Lowderman, KY Auctioneer, RP 3502