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Excellent Hunting! Recreational Land! Dead-End Road!
LIVE-ON-THE-FARM LAND & TIMBER AUCTION
SATURDAY, OCTOBER 19TH AT 10 A.M. CDT
92.98 Acres, m/l, in 1 Tract w/ Hunting Cabin, Shop & Barn. Plus, Excellent Commercial Timber to be Offered Separately & In Combination Using Golden Rule-Wilson’s Multi-Parcel Selling System.
Auction Held for Betty Jessie
Location: K. Jessie Rd, Columbia, KY, in the Breeding Community of Southern Adair County. Auction Banners Posted.
DIRECTIONS: From Columbia, KY, exit 46 of the Louie B. Nunn Cumberland Pkwy: Take Hwy 61 South 10.3 miles, then turn right onto Hwy 533 & go 1.4 miles, then right onto Chestnut Grove Rd for about 1 mile to K. Jessie Rd on the right
VIEWING: Property & Timber is open for viewing at your leisure. Contact lead auctioneer Danny Mouser if any questions 270-634-1400.
PROPERTY OVERVIEW:
Land: Property offers 92.98 Acres, m/l, TOTAL with cedar-sided cabin, 16’ x 69’ metal shop, older tobacco barn & shed. This property offers approx 28 acres, m/l, of cleared land in 3 separate fields offering 2 hilltop fields and 1 long creek bottom field. Some of the biggest deer in the county can be found here. Property offers an older, 2 bedroom / 1 bath cedar-sided cabin with loft. Cabin measures 24’x 28.5’ plus 8’ front porch – has electric, wood stove, water well and septic. Cabin has not been used in a while but appears it could be revitalized. The metal shop / storage building would be ideal for your recreational vehicles and hunting supplies. Property is on a dead-end county road that can be gated at the property. Property is also mostly fenced and could be used for livestock as well with 2 spring-fed creeks offering plenty of water.
Commercial Timber: Approximately 65 Acres, m/l in Excellent hardwood timber. This is some of the nicest timber we’ve seen in a while. BIG white oaks, black oaks, red oaks, poplar, and other hardwoods! Many appearing veneer quality. Timber being offered down to a 12-inch cut (to be measured 12 inches above the ground at the stump) & allowing 12 months from full payment for removal. Timber smaller than 12 inches will remain with the property. Timber will be offered separately & in combination. Timber will be offered with a standard timber contract.
MANNER OF SALE: This is a live, on-site auction, with absentee bidding available by contacting auction company in advance. Real Estate & Timber will be offered individually and in combination using Golden Rule-Wilson’s Multi-Parcel Selling System, allowing bidders to bid on the land or timber or a combination of both, & allowing individual bidders the ability to defend their bids.
TERMS: Real Estate: Non-refundable 10% down day of sale & balance with deed on or before 30 days. 2024 property taxes to be paid by seller. Possession with deed. Timber: Non-refundable 10% down day of sale w/ signing of standard timber contract & balance on or before 30 days allowing 12 months for removal down to a 12 inch cut (measured 12 inches above the ground at the stump. No contingencies. All property is sold in “AS IS” and “WHERE IS” condition – please inspect. ALL SALES ARE FINAL!
BUYER’S PREMIUM: A 10% percent buyer’s premium will be added to all final bids to determine the final sales price.
AUCTIONEER’S NOTE: Don’t miss this one – buy land, buy timber or buy both! Remember the date Sat, October 19th at 10 A.M. CDT & come prepared to buy at your price!
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