Tillable, Hunting And Country Homes In Hopkins Co, KY - 451.15 Acres

AuctionPending

451.15 Acres / Hopkins County, KY

Live and Online at Ranchandfarmauctions.com

Auction Date: 10/11/2023 Auction Time: 10:00 AM CDT

Auction Location: Hopkins County Extension Office, 75 Cornwall Drive, Madisonville, KY 42431

Entire Farm Description:

This large acreage hunting tract boasts an expansive 188+/- tillable acres which generated nearly $57,000.00 in 2022. The property is comprised of a diverse blend of habitat types and topography, offering all the necessary key ingredients for quality deer and turkey hunting. With 41+/- acres of open ground, established food plots, and ideal locations for additional food plot acreage, the property provides ample opportunity for growing, holding and harvesting mature bucks. Miles of field edge, multiple ponds, timbered ridges and draws, flat woodlots, and areas of mature timber add to the appeal of this exceptional hunting tract.

Additionally, the property includes two three-bedroom/one-bathroom homes, each with a metal shop building, gravel drive, and parking area. The established trail system, multiple entry points, and 3,000 feet of road frontage make accessing the property and exploring all it has to offer easy and convenient. This large acreage hunting tract is truly a unique and valuable investment opportunity. Give us a call today and schedule your private tour!

Tract 1 Description: 49.51 +/- surveyed acres.

Diverse hunting tract with tillable acreage! This tract is the ideal blend of habitat types with the added bonus of tillable income! It has 10+/- tillable acres planted in corn for the 2023 growing season, and 25+/- acres of open ground that includes pasture with hay income and established food plot areas. Additionally, it has a fishing pond, 750 feet of road frontage and ideal building sites! This tract will be sold by the acre.

Tract 2 Description: 5.02 +/- total surveyed acres.

Country home on acreage! This 990 s.f., 2BR, 1BA country home is located in a quiet rural area! It has a spacious kitchen and living area, laundry and utility room, a screened porch and a back deck. A 30’x44’ shop and 32’x130’ barn sit next to the home with a large gravel parking area. There are 4+/- acres of open ground that are currently in hay production. This property offers the ideal setting for a hobby farm or quiet getaway. This tract will be sold by the whole dollar.

Tract 3 Description: 132.77 +/- total surveyed acres.

Diverse hunting tract with tillable acreage! This tract offers the ideal blend of habitat types for deer and turkey hunting with the added bonus of tillable income. It has 22+/- tillable acres that are currently planted in corn for the 2023 season. It has 6+/- acres of open ground with an established food plot and areas of successional habitat. The timber is a blend of softwoods and mast-producing hardwoods with areas of dense understory throughout. A large rock bottom creek flows through the property and is a major travel corridor for wildlife in the area. An established trail system provides easy access throughout the property and is wide enough for a tractor and implements. This tract will be sold by the acre.

Tract 4 Description: 11.1 +/- total surveyed acres.

Country home on acreage! 2,025 S.F., 3BR, 2BA home located in a quiet rural area. This home sits atop a hill with scenic views all around. It has a spacious kitchen with a cooktop island and plenty of cabinet and countertop space, a large living area, laundry room and pantry and a covered carport. It has a large yard with shade trees and a gravel parking area. It has 4+/- acres of open ground and areas of softwood and mast-producing hardwood timber. This tract will be sold by the whole dollar.

Tract 5 Description: 9.19 +/- total surveyed acres.

Very nice lot with an ideal building site! This tract has scenic views overlooking the countryside to the south. It has 5+/- acres of open ground that provide the ideal building site for your country home. A pond is centrally located with a timbered ridge side on the east. It has 500 feet of road frontage with a gravel drive along the western side, providing great access. This tract will be sold by the acre.

Tract 6 Description: 135.93 +/- total surveyed acres.

Tillable investment tract with deer and turkey hunting opportunities! This tract has 93+/- tillable acres with highly productive soils that were planted in corn and soybeans for the 2023 growing season. It has 1,200 feet of road frontage with an established entry point and gravel access road. The bottomland timber has softwoods and mast-producing hardwoods with areas of dense understory throughout. This tract will be sold by the acre.

Tract 7 Description: 107.63+/- total surveyed acres.

Tillable investment tract with deer and turkey hunting opportunities! This tract has 63+/- tillable acres with highly productive soils that were planted in soybeans for the 2023 growing season. It has 1,200 feet of road frontage with access points. The bottomland timber is a blend of softwoods and mast-producing hardwoods and areas of dense understory throughout. This tract will be sold by the acre.



Details:

Tract #: All tracts

Deeded Acres: 451.15+/-

FSA Farmland Acres: 188+/- total

Soil Types: Belknap silt loam, Karnkak silty clay, Robbs silt loam, Sharon silt loam

Soil PI/NCCPI/CSR2: NCCPI 57

CRP Acres/payment: No CRP

Taxes: TBD

Lease Status: Open Tenancy for 2024 crop year

Possession: Immediate possession subject to current tenant's rights for 2023

Survey needed?: Survey to be completed prior to closing at seller's cost

Brief Legal: 446.5+/-acres Hopkins Co, KY County 125 Emory Blue and 345 Richard Rd, Slaughters, KY 42456

PIDs: PVA parcel numbers MAP-101-21, MAP-101-22, MAP-115-12, MAP-115.13

Lat/Lon: 37.5014, -87.4454

Zip Code: 42456






  • 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

  • Large acreage hunting tract with two homes and tillable acreage

  • 2 – 3BR/1BA homes each with a metal shop building, gravel drive and parking area

  • 188+/- tillable acres

  • Tillable acreage generated almost $57,000.00 in 2022

  • Diverse blend of habitat types and topography

  • All the key ingredients needed for quality deer and turkey hunting

  • 41+/- acres of open ground

  • Established food plots

  • Ideal locations for additional food plot acreage

  • Miles of field edge

  • Multiple ponds

  • Timbered ridges and draws and flat woodlots

  • Areas of mature timber

  • Established trail system

  • 3,000 feet of road frontage

  • Multiple entry points

  • Buyer's Premium 10%

Auction Location:
75 Cornwall Drive, Madisonville, KY 42431
Auction Type:
Reserve
Auction Date:

Auction Documents

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

Licensing

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

Justin Mason, Kentucky Land Specialist for Whitetail Properties Real Estate, LLC, 270-841-3000

Cody Lowderman, KY Auctioneer, RP 3502