Golden Rule - Wilson Real Estate & Auction, LLC

1036 N. Hwy. 127
Russell Springs, KY 42642

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Date(s) 5/15/2025 - 6/14/2025

Saturday June 14th at 10 A.M. CDT - LIVE ON THE PROPERTY!

Past Auction
Local Pickup Only

Bidding Notice:

LIVE AUCTION, LIVE ACTION - IN PERSON ONLY!

Auction Notice:

AUCTIONEER’S NOTE: This beautiful Kentucky property has been in the Hopper Family for many years & offers an absolutely fantastic location! Property like this, doesn’t come available very often - here is your opportunity to obtain some great land just outside of town and just minutes to beautiful Lake Cumberland!

Auction Information
Name LAKE CUMBERLAND AREA BRICK HOUSE & ACREAGE!
Auctioneer
Date(s) 5/15/2025 - 6/14/2025
Auction Date/Time Info
Saturday June 14th at 10 A.M. CDT - LIVE ON THE PROPERTY!
Preview Date/Time View land & timber anytime, House by appointment.
Checkout Date/Time REAL ESTATE: Non-refundable 10% down day of sale & balance with deed on or before 30 days. No contingencies. 2025 property taxes will be paid by the Sellers. Possession with deed. A ten percent buyer’s premium will be added to the final bid to determine the final sales price. No sales tax. TIMBER TERMS: Non-refundable 10% down day of sale with signing of standard timber contract & balance on or before 30 days – allowing 7 months for removal of timber down to a 12-inch cut at the stump (measured 12 inches above the ground). A 10% buyer’s premium will be added to the final bids to determine final sales price. No sales tax. All property is sold in “AS-IS” and “WHERE IS” condition – please inspect. ALL SALES ARE FINAL!
Location
Buyer Premium 10% Buyer’s Premium applies
Description
LAKE CUMBERLAND AREA BRICK HOUSE & ACREAGE – 7 Tracts Only 1 Mile North on Hwy 127! LIVE ON THE PROPERTY – ABSOLUTE ESTATE AUCTION No Minimums! No Reserves! Property Sells Regardless of Price! Saturday June 14th at 10 A.M. CDT Custom Brick House, Garage & Barn on 38.69 Acres m/l to be Offered in 7 Tracts and ANY Combinations. Large Commercial Timber to be Offered Separately and in Combination on Tracts 1 and 2 Only! Timber appears of Veneer Quality with Huge Oak Trees and other Hardwoods. Auction Held for the Jetha & Evelyn Hopper Estate Location: 1036 N. Hwy. 127, Russell Springs, KY, only 1 mile north of Russell Springs, near the Russell Springs Elementary School. Property Overview: This beautiful property is close to town and offers practically level land, suited for almost any use. Property is UNRESTRICTED and county water, sewer, natural gas & electric are available along Hwy 127 with easements in place to access all tracts. VIEWING: View land & timber anytime, House by appointment. Tract #1: 3.01 Acres, m/l, fronting Hwy. 127, Wooded w/ Commercial Timber to be offered separately or in combination. Tract #2: 3.05 Acres, m/l, fronting Hwy. 127, Wooded w/ Commercial Timber to be offered separately or in combination. Tract #3: Custom Ranch-Style Brick House offering 3 bedrooms, 2 baths, full basement & attached carport plus 28ft x 42ft Detached Garage / Workshop, 47ft x 48ft 5-Stall Barn w/ Loft – all on 3.12 Acres m/l, w/ nice, fenced pasture & water tank. House has 2,150 sq ft +/- and offers huge rooms including an open kitchen / dining area w/ appliance, den w/ stone fireplace, formal living room & dining room. House has double-pane windows, central heat & air, county water (also has well) & sewer. House also has large, floored attic & basement has inside & outside entrances. Tract #4: 3.08 Acres, m/l, fronting Hwy. 127 with joint entrance already installed. Tract #5: 7.27 Acres, m/l, consisting of a beautiful field tract that lays practically level, with 30ft. access and utility easement to Hwy 127. Tract #6: 9.01 Acres, m/l, consisting of a beautiful field tract that lays practically level, with 30ft. access and utility easement to Hwy 127. Tract #7: 10.11 Acres, m/l, consisting of a beautiful field tract that lays practically level, with 30ft. access and utility easement to Hwy 127, plus duck & geese ponds. COMMERCIAL TIMBER: (Tracts #1 & #2 Only): 6 AC, m/l, of the BEST TIMBER you will find. Larger trees (down to a 12-inch cut) will be offered separately. Timber smaller than this will remain with the property. 7 months removal. Standard timber contract. MANNER OF SALE: This is a live, on-site auction, with absentee bidding available by contacting auction company in advance. Tracts of land & timber will be auctioned on an individual basis & then in any combinations using Golden Rule-Wilson’s Multi-Parcel Selling System allowing anyone to bid on any tract or combination of tracts at any time. This allows bidders to make or break a combination, ultimately allowing purchasers to bid only on the tract / tracts they want and allowing individual tract bidders the ability to defend their bids! Note: Announcements made day of sale take precedence over previous advertisements. AUCTIONEER’S NOTE: This beautiful property has been in the Hopper Family for many years & offers an absolutely fantastic location! Property like this, doesn’t come available very often - here is your opportunity to obtain some great land just outside of town and just minutes to beautiful Lake Cumberland! Note: The successful bidder on the house will be required to sign a lead paint waiver as required on any house built prior to 1978.
TERMS: REAL ESTATE: Non-refundable 10% down day of sale & balance with deed on or before 30 days. No contingencies. 2025 property taxes will be paid by the Sellers. Possession with deed. A ten percent buyer’s premium will be added to the final bid to determine the final sales price. No sales tax. TIMBER TERMS: Non-refundable 10% down day of sale with signing of standard timber contract & balance on or before 30 days – allowing 7 months for removal of timber down to a 12-inch cut at the stump (measured 12 inches above the ground). A 10% buyer’s premium will be added to the final bids to determine final sales price. No sales tax. All property is sold in “AS-IS” and “WHERE IS” condition – please inspect. ALL SALES ARE FINAL! MANNER OF SALE: This is a live, on-site auction, with absentee bidding available by contacting auction company in advance. Tracts of land & timber will be auctioned on an individual basis & then in any combinations using Golden Rule-Wilson’s Multi-Parcel Selling System allowing anyone to bid on any tract or combination of tracts at any time. This allows bidders to make or break a combination, ultimately allowing purchasers to bid only on the tract / tracts they want and allowing individual tract bidders the ability to defend their bids!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyer’s Premium applies
Payment Terms
REAL ESTATE: Non-refundable 10% down day of sale & balance with deed on or before 30 days. No contingencies. 2025 property taxes will be paid by the Sellers. Possession with deed. A ten percent buyer’s premium will be added to the final bid to determine the final sales price. No sales tax. TIMBER TERMS: Non-refundable 10% down day of sale with signing of standard timber contract & balance on or before 30 days – allowing 7 months for removal of timber down to a 12-inch cut at the stump (measured 12 inches above the ground). A 10% buyer’s premium will be added to the final bids to determine final sales price. No sales tax. All property is sold in “AS-IS” and “WHERE IS” condition – please inspect. ALL SALES ARE FINAL!
This auction will be conducted LIVE ONSITE, Saturday June 14th, 2025