ABSOLUTE REAL ESTATE AUCTION

WHEN: Saturday, February, 20th, 2021
TIME: 12:00 PM
WHERE: 431 Reed Road, Benton, KY 42025

AUCTION HELD AT: THE LODGE AT MOORS RESORT

570 MOORS ROAD, GILBERTSVILLE, KY 42044

251 ACRES IN 10 TRACTS & COMBINATIONS

130 TILLABLE ACRES!

KENTUCKY LAKE FARM!

MINI FARM TRACTS – BUILDING SITES!

COUNTY WATER – THREE ROAD FRONTAGES!

QUALITY HARDWOOD TIMBER! $91,800 TIMBER VALUE!

FENCED & CROSS FENCED!

 

 

Real Estate Tracts:

Tract 1: 14’X70′ Mobile Home with 2 Bedrooms & 1.5 Baths, Open Kitchen and Living Room  on 1.76 Acres

Tract 2: 70′ X 50′ Pole Barn on 37.75 Acres

Tract 3: 2.42 Acres

Tract 4: 34.20 Acres

Tract 5: 50.47 Acres

Tract 6: 56.05 Acres

Tract 7: 68.44 Acres

Tract 8: Timber Rights to Tract 2

Tract 9: Timber Rights to Tract 6

Tract 10: Timber Rights to Tract 7

 

**There is cattle on the farm. Please close the gate when entering and leaving farm.

 

Also selling LOT 21: Hitachi EX200LC-5 Hydraulic Excavator with 4′ Bucket W/ Manual Thumb: 7,746 hours, PIN: 14MP088571

 

REAL ESTATE SELLS ABSOLUTE TO THE HIGHEST BIDDER AT 12:00 PM!

EXCAVATOR SELLS AT 1:00 PM ONSITE & ONLINE!

 

AUCTION HELD AT THE LODGE AT MOORS RESORT LOCATED AT

570 MOORS ROAD, GILBERTSVILLE, KY 42044

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in multiple tracts to be determined.

BUYERS PREMIUM: A 7% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30-40 days from auction date.

REAL ESTATE TAXES: All 2021 ad valorem taxes will be prorated at closing

SURVEY: A new survey to be conducted on the property. BUYER & SELLER to split the cost of the survey 50/50.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

PERSONAL PROPERTY TERMS: A 7% Buyer’s Premium will be added to the final bid and included in the transaction sale price.

CLICK BELOW TO REGISTER TO BID ONLINE

Details

251 ACRES IN 10 TRACTS & COMBINATIONS

130 TILLABLE ACRES!

KENTUCKY LAKE FARM!

MINI FARM TRACTS – BUILDING SITES!

COUNTY WATER – THREE ROAD FRONTAGES!

QUALITY HARDWOOD TIMBER! $91,800 TIMBER VALUE!

FENCED & CROSS FENCED!

 

 

Real Estate Tracts:

Tract 1: 14’X70′ Mobile Home with 2 Bedrooms & 1.5 Baths, Open Kitchen and Living Room  on 1.76 Acres

Tract 2: 70′ X 50′ Pole Barn on 37.75 Acres

Tract 3: 2.42 Acres

Tract 4: 34.20 Acres

Tract 5: 50.47 Acres

Tract 6: 56.05 Acres

Tract 7: 68.44 Acres

Tract 8: Timber Rights to Tract 2

Tract 9: Timber Rights to Tract 6

Tract 10: Timber Rights to Tract 7

 

**There is cattle on the farm. Please close the gate when entering and leaving farm.

 

Also selling LOT 21: Hitachi EX200LC-5 Hydraulic Excavator with 4′ Bucket W/ Manual Thumb: 7,746 hours, PIN: 14MP088571

 

REAL ESTATE SELLS ABSOLUTE TO THE HIGHEST BIDDER AT 12:00 PM!

EXCAVATOR SELLS AT 1:00 PM ONSITE & ONLINE!

 

AUCTION HELD AT THE LODGE AT MOORS RESORT LOCATED AT

570 MOORS ROAD, GILBERTSVILLE, KY 42044

Terms

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in multiple tracts to be determined.

BUYERS PREMIUM: A 7% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30-40 days from auction date.

REAL ESTATE TAXES: All 2021 ad valorem taxes will be prorated at closing

SURVEY: A new survey to be conducted on the property. BUYER & SELLER to split the cost of the survey 50/50.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

PERSONAL PROPERTY TERMS: A 7% Buyer’s Premium will be added to the final bid and included in the transaction sale price.

Brochure
Aerial
Plat
Timber Cruise
FSA Info
Video
Online Bidding

CLICK BELOW TO REGISTER TO BID ONLINE