Old-Fashioned On the Farm Absolute Auction
Saturday, April 20th at 10 A.M. CDT
95.96 Acres, m/l, Offered in 2 Tracts and Any Combinations. Plus Commercial Timber On Each Tract Offered Separately & in Any Combinations.
Auction Held for Joanne Cropper & also known as the Late Thomas Cropper Property.
Location: 1962 Lil Taylor Rd, Gamaliel, KY.
Attention Land Buyers, Farmers, Hunters, Timber Buyers & Investors!!!
PROPERTY OVERVIEW:
This beautiful farmland has been most recently used for cattle and offers excellent pasture, nice barns, plenty of water sources; and the property, as a whole, has good fencing. Located just south of the Gamaliel Community in Monroe County, Kentucky, you will find all the conveniences of country living just down the road in this quaint, charming community.
Tract #1: 52.27 Acres, m/l, with 1 story farmhouse, large 59.5ft x 60ft metal combination barn...
Tract #1: 52.27 Acres, m/l, with 1 story farmhouse, large 59.5ft x 60ft metal combination barn w/ shop & overhead door, large 71ft x 60ft metal hay / cattle barn, 40ft x 44ft stock barn w/loft, plus developed spring box & stream. Farmhouse needs some work but offers 2 bedrooms on main level, upstairs loft, 1 bath, kitchen / dining area, utility room, county water, 2 propane wall heaters & window air. House has newer black metal roof & wrap around porch. This tract has approx 14 acres of cleared pasture ground, but property lays in a manner that additional acreage could be cleared very easily.
Tract #2: 43.69 Acres, m/l, with no buildings, (2) streams, excellent building sites with beautiful hilltop views & excellent hunting too! County water available, blacktop frontage and new tiled entrance just installed to this property!!! This tract has approx 11 acres of cleared pasture ground, but property lays in a manner that additional acreage could be cleared very easily.
Commercial Timber: Excellent hardwood timber offering, white oak, poplar, hard maple, hickory, beech & other hardwoods! Some appear veneer quality. Woods lay extremely well offering easy access for removal. Timber being offered down to a 12-inch cut (measured 12 inches above the ground at the stump) & allowing 10 months from full payment for removal. Timber smaller than 12 inches will remain with the property. There has not been a formal timber cruise. Please cruise the timber at your convenience; you will not be disappointed! Note: Tract 1 offers approx 38 Acres in timber. Tract 2 offers approx 33 acres in timber.
MANNER OF SALE: Tracts of land & tracts of timber will be auctioned on an individual basis & then in any combinations using Golden Rule-Wilsons Computerized Multi-Parcel Selling System allowing anyone to bid on any tract or any 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!
SALE ORDER (All times are CDT & are approximate)
10:00 AM: Real Estate & Timber
TERMS: Real Estate: Non-refundable 10% down day of sale & balance with deed on or before 30 days. Timber: Non-refundable 10% down day of sale w/ signing of standard timber contract & balance on or before 30 days allowing 10 months for removal down to a 12 inch cut (measured 12 inches above the ground at the stump). No contingencies. 2024 property taxes to be paid by seller. Possession with deed. All property is sold in AS IS and WHERE IS condition please inspect. ALL SALES ARE FINAL!
BUYERS PREMIUM: A 10% percent buyers premium will be added to all final bids to determine the final sales price.
SALES TAX: KY Sales Tax (6%) applies to personal property. Dealers / Farmers must provide tax-exempt number.
AUCTIONEERS NOTE: Dont miss this once in a lifetime opportunity! Concessions will be available. Remember the date Sat, April 20th at 10 A.M. CDT & come prepared to buy at your price!
Note: The successful bidders will be required to sign a lead-based paint waiver as required on any home built prior to 1978.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationLocated about 10 miles Southwest of Tompkinsville Take KY-100 / State Hwy 63 / Gamaliel Rd approx. 8.2 miles, go past sharp left turn, then turn right on Main St. (Hwy 87) & go mile, then left onto Lil Taylor Rd. Property is 2 miles on the right. Auction Banners Posted