Auction Information
514 Acres in Dixon, KY
Absolute Auction
514.7 Acres
5 Tracts Cropland CRP Woodland
Monday, February 10th at 10 AM
Auction Site Dixon Community Center, 101 KY 132, Dixon, KY
In order to dissolve the partnership of the Dorris R. Melton heirs, Kurtz Auction & Realty has been authorized to sell the following land at absolute auction:
See maps and details inside and on the back
Sellers: Dorris R. Melton Heirs
Mike Melloan, Auctioneer
(270) 929-1410, 800-264-1204
Farm #1 171.3 Acres
Location: Knoblick Creek Rd. 3 miles south of Poole, KY. 1 mile east of US HWY 41 A
171.3 total acres 154.63 acres of cropland per FSA. Predominant soil types are Alford, Zanesville, Belknap & Robbs Silt Loam
Farm #2 38.8 acres
38.8 total acres 35.6 acres of cropland per FSA. Predominate soil types are Belknap and Alford Silt Loam.
Farm #3 62.6 acres
Location: HWY 873 5 miles south of Poole, KY. 1 mil...
Location: HWY 873 5 miles south of Poole, KY. 1 mile east of US HWY 41 A
62.6 total acres 52.38 acres of cropland per FSA. Predominant soil types are Zanesville, Hosmer, Alford and Sharon Silt Loam.
Farm #4 229 acres
Location: Andy Sisk Rd. From Dixon, KY take US HWY 41 A north 4 miles to Oak Heights Jonestand Rd. turn left and go 1 mile to Guy Clack Pl then left 2 miles to Andy Sisk Rd., then left and the farm is on the right.
229 total acres 140 acres in the CRP program until Sept. 30th, 2027 that pays $144.28 per acre - $20,185.00 annually. The remainder is wooded. Predominate soil types are Wellston Silty Clay Loam, Hosmer & Zanesville Silt Loam.
Farm #5 13 acres
Location: From US HWY 41 A in Poole, KY go west 3 miles on the Poole Mill Rd. to the property.
13 total acres All wooded. Predominate soil types are Frondorf and Hosmer Silt Loam.
* Approximate Farm Boundaries based on aerial photos.
No BUYERS PREMIUM
Farms 1,2 & 3 are currently leased for the 2020 crop year. Purchasers of these 3 tracts will receive the landlords payment.
Terms: 10% down day of sale, balance due on or before March 26, 2020. Property taxes for 2020 will be the responsibility of the purchasers.
Possession: Tracts 1, 2 and 3 with deed subject to crop rental agreement for 2020.
Tract 4 with deed subject to CRP agreement through sept. 30th, 2027. Tract 5 with deed.
Sellers: Dorris R. Melton Heirs
Auction Site: Dixon Community Center, 101 KY 132, Dixon, KY
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Auction Site Dixon Community Center, 101 KY 132, Dixon, KY