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Bracken Co. 115 Acre Productive Farm

1851 Brooksville-Germantown Road, Brooksville, Kentucky 41004 - Bracken County
Auction 115 Acres
3 beds 1 Bathroom
Property ID 2969929
Brenda Hedges Farm & Equipment Auction
1851 Brooksville-Germantown Road Brooksville Kentucky
03/18/2017 10:30 AM

Description

IMPORTANT PUBLIC AUCTION

SAT., MARCH 18, 2017

AUCTION TO BEGIN AT 10:30 AM WITH SMALLS;

REAL ESTATE AT 11:00 AM; FARM EQUIPMENT FOLLOWING REAL ESTATE

115 ACRES, 1851 BROOKSVILLE-GERMANTOWN ROAD

BROOKSVILLE, BRACKEN CO., KY 41004

I have been authorized by BRENDA HEDGES, who has decided to get out of the farming business, to offer the following described property at PUBLIC AUCTION!

115 ACRE FARM Productive farm consisting of good productive ridgeland and pasture acreages improved with a 3 (or 4) bdrm., 1 bath frame 2 story frame home, a garage, a barn with loft and attached machinery shed (a tobacco barn with an old dairy parlor built within with loft over the dairy portion of the barn), an excellent enclosed hay barn, a cattle loafing shed with a grain bin and heavy use-area, a good tobacco barn situated on the ridge at the rear of the farm; 2 ponds, good fencing (boundary and cross fencing), with public water and electric (natural gas, available not in use) conveniently located on KY 10 just east of the Brooksville City Limits. The property is further provided with a DEEDED access easement to the rear of the farm through an adjoining boundary.

THIS PROPERTY IS WELL SETUP FOR AGRICULTURAL PRODUCTION! A MIX OF PASTURE LAND, HAY LAND, AND PRODUCTIVE CROPLAND! EXCELLENT BUILDINGS! GOOD FENCE! TWO PONDS! PUBLIC WATER! ELECTRIC! AN ATTRACTIVE, RESTORABLE HOME! EXCELLENT LOCATION!

NOTE: The agent would like to encourage anyone interested in the farm to "come and bid" as the seller really wants to sell the property, thus committing to the auction method of sale, and agreeing to sell her equipment, and not entering into a lease agreement for this year! COME AND BUY AND YOU CAN HAVE THE FARMING OPERATING RIGHTS THIS YEAR, including hunting rights! If you have never owned a farm, you would be hard-pressed to find a farm better set up and ready to go!

FARM EQUIPMENT: THE FARM EQUIPMENT HAS BEEN STORED INSIDE AND SOME WAS PURCHASED NEW! Kubota M6040 4 wheel drive tractor w/ LA1153 front-end loader, triple remotes, good rear tires, average front tires, w/ bucket and hay spear; Bush-Hog UTV (purchased new 2009), TH4400 Trail Hand, 4 wheel drive, dump bed, Honda engine; Bush Hog 2008 8' rotary mower (purchased new in 2014); Ford 3000 tractor, diesel, good rubber all-around; Tonnuti disc mower; New Holland 848 round baler; Shur-Feed/ Mountain View Welding round bale mover trailer (front & rear wheel model, purchased new 2014); Case International 96 hay rake; GTS 280 hay tedder; Bush-Hog wheel disc/harrows; 16' gooseneck cattle trailer; John Deere Van Brundt seeder/spreader w/ seed boxes; New Holland 331 manure spreader; fertilize drill; Ford scraper blade; Massey Ferguson Model 3 square baler; 16' wagon (6 ton gear, good flat-bed); post-hole drill w/ 2 augers; hay elevator w/ electric motor; 3 pt. Hitch hay spear; UTV/ATV sprayer, seeder/spreader; (2) creep feeders (one galvanized, one poly); (3) wooden mineral feeders; (13) cattle feeding bunkers; (5) water troughs (4 metal, 1 plastic);cow-lift (new in box, never used); horse-pulled plow; horse-pulled 3 shovel cultivator; floor jack; fuel tank w/ pump; air compressor; weed-eater w/ metal blade; GPS acreage measure; water tank; corral panels, gates, partial rolls of woven and barb wire, iron and wood fence posts; electric fence supplies including solar charger, insulated posts. Old tobacco setter; old New Idea Hay Rake.

The Property is to be Sold upon the following Terms/Conditions: REASON FOR SALE: The owner, Brenda Hedges, having decided to sell the farm, has authorized the sale at Public Auction of her farm equipment and the 115 acre farm. TERMS: REAL ESTATE: Property sold at PUBLIC AUCTION (subject to reserve or owner confirmation). Purchaser(s) of real estate to place a NON-REFUNDABLE deposit (cash or good check) equal to 10 percent of the total purchase price with contract immediately following sale, with balance due in full with deed at closing on or before April 18, 2017. Terms of purchase are Cash to Seller: NO CONTINGENCIES OF ANY KIND PERMITTED. Possession with deed at closing. Sellers to maintain insurance on property though date of closing (including liability; agent/auctioneer is not responsible for accidents); however successful purchaser will have an inherent and thus an insurable interest in the property as of date of sale and is encouraged to obtain insurance immediately upon sale as purchaser will assume risk of loss from under-insurance, lack of insurance, or in the event or case of fire or other disaster. Year 2017 real estate taxes to be payable by the purchaser as the purchaser shall receive all 2017 crop rights (as well as hunting rights and all mineral/timber rights). Prospective purchasers are encouraged/advised to inspect the property thoroughly prior to sale as REAL ESTATE SOLD AS IS WITHOUT WARRANTY WHATSOEVER -- INCLUDING WITH REGARD TO FITNESS/ MERCHANTABILITY/ MARKETABILITY/DESIRABILITY FOR ANY USE -- EITHER EXPRESSED OR IMPLIED. Purchased subject to zoning, easements, highway right of way, local ordinances, and restrictions. Further the property shall be purchased by the existing legal description, by the boundary and not by the acre, subject to any facts that might be disclosed by an accurate survey --- sellers are not responsible for providing for any surveys of the subject property. The home on the property was constructed prior to 1978, thus Lead-Based Paint could potentially be in evidence. Purchasers concerned about the possible presence of lead-based paint are encouraged to arrange and conduct --- at the prospective purchasers sole expense --- any inspections for the presence of Lead-Based Paint they so desire prior to purchase, as purchaser will be required to waive the rights to any contingency relative to any future testing or presence of Lead-Based Paint as a condition of purchase. Purchasers must have performed any and all due diligence inspections of the property prior to purchase, at purchasers sole expense --- including but not limited to: Whole House Inspection, Wood-Boring Insect Inspection, Radon Gas Inspection, Lead-Based Paint Presence, Phase I/II/III environmental hazard reports/ surveys, property surveys, appraisal, etc. --- as purchaser will not be permitted any contingencies for any type of testing or results thereof determined after the auction. Contact agent/ auctioneer prior to the auction to arrange inspection/testing. Announcements made date of sale take precedence over printed matter. Payment of down payment for real estate required to be paid to the agent/auctioneer immediately upon conclusion of sale, at SALE SITE, NO EXCEPTIONS. NOTE: Any returned checks shall be subject to a $50 returned check fee (plus expenses of collection), a 10 percent penalty, shall be subject to interest and other expenses to the limit the law permits, and checks will be turned over for prosecution. The AGENT/AUCTIONEER, as well as staff or employees of agent/ auctioneer, reserves the right to bid on any property sold, however subject to the same terms and conditions as that of any other bidder. NO BUYERS PREMIUM!

TERMS OF PURCHASE, FARM EQUIPMENT/PERSONAL PROPERTY: Payment for all farm equipment/personal property to be paid in full by cash or good check (credit cards not accepted) at sale site immediately following conclusion of auction. All property sold AS IS without warranty expressed or implied including with regards to fitness/merchantability/marketability/desirability for any use, specific/desired/implied. Property sold subject to KY state sales tax (6 percent) unless purchaser has a valid KY resale certificate (NOTE HOWEVER that most, if not all, of the personal property sold, is agricultural in use and may therefore be tax exempt, depending upon the purchasers prospective use). NOTE: Any returned checks shall be subject to a $50 returned check fee (plus expenses of collection), a 10 percent penalty, shall be subject to interest and other expenses to the limit the law permits, and checks will be turned over for prosecution. The AGENT/AUCTIONEER, as well as staff or employees of agent/auctioneer, reserves the right to bid on any property sold, however subject to the same terms and conditions as that of any other bidder. NO BUYERS PREMIUM!

AUCTION CONDUCTED BY

CRAIG A. STANFIELD REAL ESTATE & AUCTION SERVICES

CRAIG A. STANFIELD REAL ESTATE BROKER & AUCTIONEER

2126 W. KY 10, TOLLESBORO, KY 41189-9726

Craig A. Stanfield, 2003 KY State Champion Auctioneer

Member Kentucky Auctioneers Association

MIKE GIFFORD AUCTIONEER

ERIC DOWNS APPRENTICE AUCTIONEER

EQUAL HOUSING OPPORTUNITY REAL ESTATE BROKER & AUCTIONEER

Directions

Property located on the north side of KY 10 (Brooksville-Germantown Road) east of Brooksville (west of Germantown), in Bracken County, Kentucky. Signs posted.

Tax Data (Show Tax Data)

Other Land for Sale in Bracken County

    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.