Land & Timber Live Auction
Saturday June 23, 2018 10:00 A.M. CDT
Auction held For

Betty Jessie
Map
Open House

Property &Timber is open for your viewing at anytime, please remember to respectively close the gates!  Boundary appears well marked with survey ribbon & paint.

Description

Land & Timber Auction

Located in Southwestern Adair County

Property offers 97.94 Acres, m/l, (from new survey) of mostly wooded recreational propertywith some cleared creek bottoms (approx. 8 Acres, m/l, cleared along England Branch!  Property is full of wild turkey, deer and other wildlife!  

Surveyor noted property as being THE BEST boundary of timber he has ever surveyed!

An exceptional boundary ofCommercial Timberwill be offered separately on the entire farm allowing timber to be harvested down to a 12 inch cut (measured 12 inches from the ground at the stump) and giving until on or before December 31, 2019 for removal of timber.  Timber is very even and offers a variety of hardwoods, but is especially heavy on all varieties of oaks.

Auction Headquarters:  Auction will be held at the entrance of the property at the Second Gate

Directions:  From Columbia, KY Walmart, take Hwy 61 South 6.8 miles, turn right onto Blue Ridge Circle and go 0.6 miles, then right onto Toria Rd 1.7 miles, then right onto Rowetown Rd 0.5 miles, then left onto Marion Fudge Rd 0.5 miles & continue a short distance and right onto Daffodil Hill Rd.  Proceed to the gate and then follow grass road to the second gate where the property begins.  Auction Banners Posted.  Google Map Coordinates:  37.002252, -85.456263

Access:  Property is accessed by a transferrable right-of-way across the lands of George & Elizabeth Webb as set forth in a recorded agreement dated November 26th, 1984.   Said agreement also states that both gates going to the property will be removed (seller has respectively allowed the gates since she has not accessed property on a regular basis; however, as per the agreement, the gates can be removed).  Contact office for copy of agreement.

Sales Order

Both the land & timber will be auctioned on an individual basis & then in combination using Golden Rule-Wilson’s Multi-Parcel Selling System, allowing bidders to make or break the combination ultimately ending in the manner which results in the most money.

Terms

Real Estate: Non-refundable 10% down and balance with deed on or before 30 days. Property taxes to be pro-rated at closing.   Timber:Non-refundable 10% down day of sale and signing of standing timber contract & balance on or before 30 days –allowing until December 31, 2019 for removal of timber down to a 12 inch cut at the stump (to be measured 12 inches above the ground). A ten percent buyer’s premium will be added to the final bids on both land & timber to determine final sales price. 

Auctioneer Notes

This is a wonderful opportunity to purchase land, timber or both.  For specific questions about this sale Contact Danny Mouser, Lead Auctioneer at 270-634-1400.

 

Timber
 

Golden Rule-Wilson Real Estate and Auction

 
Columbia Office #1, LLC
1004 Jamestown Street  -  Columbia, KY
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*List price, specifications & availability are subject to change without notice.
Disclaimer:  All information is believed to be correct but is not warranted by selling agents.
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