Tillable & Recreational Property With Home In Maysville - 552 Acres
552 Acres / Mason County, KY
Due to survey results the acreages on Tracts 3, 4, and 5 have been updated to show surveyed acres. Due to zoning restrictions, Tract 1 will now be offered as 305.79 acres instead of in Tract 2, 2a, 6, and 7. Feel free to call or email with questions.
Coming to auction on May 3rd, 2021 is the Burkholder farm offering 552 +/- total acres with approximately 176.26 tillable acres in 6 tracts. Tracts 3, 4, 5, 8 & 9 will be sold ABSOLUTE! This diverse farm near Maysville, KY offers a convenient location, tillable income, excellent whitetail hunting, lodge-style home, and outbuildings. Located off AA Highway you can get to downtown Cincinnati or Lexington within 1 hour and 15 minutes. This area is known for trophy-class whitetails and is a zone 1 hunting county. If you're interested in diversifying your assets or a 1031 tax exchange, there's ROI in the form of tillable and/or hunting income if desired. The farm is under a mile from the waters of the Ohio River and provides some dynamic views. Farm soils consist of primarily Lowell-Sandview and Lowell-Faywood silt loam.
Tract 1 - 305.79 +/- total acres with an approximately 3,000 square foot home, metal building, tobacco barn, and 125.59 +/- acres of estimated tillable ground. The home has a lodge-type feel with great western sky views overlooking a 2-acre pond. The home sits back off the blacktop approximately .40 miles with the gravel drive access 550+/- feet from the AA highway.
Tract 3 - 33.05 +/- total acres with 11.45 +/- estimated tillable acres selling absolute. This is a great hunting tract and will add it to your tillable acreage. Parcels with this balance of tillable and secluded hunting very rarely come to market. This parcel will be accessed with a deeded easement.
Tract 4 - 142.26 +/- total acres with 36.82 +/- estimated tillable acres selling absolute. This tract offers the best of both worlds, with dynamite hunting and tillable acres providing income. At less than a mile from the waters of the Ohio River, this parcel is covered in deer sign and extremely secluded. This piece will provide food, water, and cover for wildlife along with some dynamic views. This parcel will be accessed via deeded easement.
Tract 5 - 46.90 +/- total acres with 2.4 +/- estimated tillable acres selling absolute. Less than a mile away from the Ohio River this tract offers spectacular views and building sites. There is established access to this parcel off Hwy 11. With some access work, this could be that rare secluded home/cabin site with total privacy overlooking the Ohio River.
Tract 8 - 14 +/- total acres with access from Lawrence Road Spur just off Hwy 11 selling absolute. This is a mostly wooded tract that provides the perfect opportunity to own a recreational tract in big deer county.
Tract 9 - 10 +/- total acres with road frontage and access off Hwy 11 selling absolute. This is a mostly wooded piece that provides potential building sites on the top acreage overlooking Hwy 11.
176 +/- productive tillable acres throughout this farm
Established trail system
Lodge style home
Beautiful views of the Ohio River
Approximately 1 hour from Cincinnati and 1 hour 15 minutes to Lexington
Zone 1 hunting county in a trophy class area
A great option for 1031 exchange
Access from Hwy 1448 and Hwy 11
Excellent hunting with good income potential
Tracts 3, 4, 5, 8 & 9 selling ABSOLUTE
Tenancy is open for 2021
Bidders may participate in the auction on site or online at Proxibid.com
On site bidders should bring a government issued ID
This sale is subject to a 5% buyer's premium
10% down payment immediately after auction - cash, personal or business checks accepted
If 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 the day of the sale shall 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 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 judgment
- Small Game
- Wild Turkey
- Pond (0-3 acres)
- Road Frontage
- Fence Material
Tillable / Production Areas
- Trail Network
- Metal Buildings
- Gated Entrance
- Recreational Improvements
- Public Hunting
- Boat Ramp
- Public Fishing
- Golf Course
Activities on Property
- ATV Riding
- Horseback Riding
- Family Activities
- Seller's Mineral Rights Convey
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
552 +/- total acres with approximately 176.26 tillable acres in 6 tracts. Tracts 3, 4, 5, 8 & 9 will be sold ABSOLUTE!
Dan L. Perez, Principal Broker for Whitetail Properties Real Estate, LLC, KY Lic 46447
Debbie S. Laux, Broker for Ranch & Farm Auctions, LLC, KY Lic 247145
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Ronnie Strong, Director, Ranch & Farm Auctions, 573.579.5579
Jason Wallin, Land Specialist, Whitetail Properties Real Estate, LLC 859.492.9041
Cody Lowderman, Auctioneer, KY Lic RP 3502