Selling A Bid Above The Rest!

Selling A Bid Above The Rest!

240 ACRES & MARKETABLE TIMBER

by Barr Realty & Auction Company, Inc.

When

May 20, 2017 - SAT, MAY 20 @ 10:00 AM CDT Central

Where

John R. & Eunice Milliner Trust
547 St. Paul Road
Big Clifty, KY 42172

How

Live Auction

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Conducted By

Barr Realty & Auction Company, Inc.

1111 Old US 60
PO Box 438
Hardinsburg, KY 40143

Hardinsburg-(270)756-2136
Brandenburg-(270)422-2222

http://www.barrrealtyauction.com

Auction Listing

ABSOLUTE AUCTION

SATURDAY, MAY 20 @ 10:00 AM CDT

                                                                                                 

LOCATED IN GRAYSON COUNTY at 547 St. Paul Road, Big Clifty, KY 42712.  From Leitchfield take Hwy. 62 (Elizabethtown Road) seven miles to Hwy. 720 (St. Paul Road), at Big Clifty turn left, proceed across the railroad tracks and the farm is immediately on the right.  From Elizabethtown take Hwy. 62 (Leitchfield Road) eighteen miles to Big Clifty turn right on Hwy. 720 (St. Paul Road), proceed across the railroad tracks and the farm is immediately on the right.  From Louisville take I-65 south 34 miles to The Wendell Ford Western KY Pkwy at Elizabethtown, take Western Kentucky Parkway 11 miles to exit 124 at White Mills proceed north on Hwy. 84 one-quarter mile to Hwy. 62 (Leitchfield Road) turn left proceed seven mile to Hwy. 720 (St. Paul Road) turn right continue across the railroad tracks and the farm is immediately on the right (signs posted).

BARR REALTY & AUCTION CO., INC. has been selected by The John R. and Eunice Milliner Trust to conduct this auction. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Chris Barr, Dennie Armes and Bobby Carwile with offices in Hardinsburg, KY and Brandenburg, KY.

ORDER OF AUCTION:  Selling at 10:00 AM CDT sharp will be the farm and timber selling as a whole in one parcel.

240 ACRES HOUSE BARNS

ROAD FRONTAGE COUNTY WATER

558,000 BOARD FEET OF MARKETABLE TIMBER

SELLING AS A WHOLE

Selling will be approximately 240 acres (per a recent land survey) with approximately 166 acres of cropland, the balance being wooded with mature timber. Structural improvements include a 1.5 story aluminum sided farm house with four bedrooms, living room, kitchen, bathroom, utility room, front porch and metal roof.  There are three barns: 48’ x 60’ tobacco barn, 48’ x 60’ pole barn, 24’ x 56’ hog barn and a large implement shed.  The house and all barns need renovation. The majority of the cropland is level. The farm has not been row cropped in many years.  However, it has a 59.2 acre corn base and 3.4 wheat base. The buyer will be allowed to take possession of the cropland immediately in order to plant a 2017 crop.  Grayson County water is available.  The timber cruise indicates 558,000 board feet of timber with following tree species and board footage amounts: Hickory 98,000; Hard Maple 97,000; Misc. Red Oak 95,000; Yellow Poplar 80,000; White Oak 79,000; Beech 28,000; Ash 22,000; Soft Maple 14,000; Blackgum 11,000; Black Walnut 10,000; Post Oak 6,000; Sycamore 5,000; Chinkapin Oak 5,000; Black Cherry 2,000; Miscellaneous Elm, Sassafras, Persimmon and Hackberry 6,000. Forester Kraig Moore estimates a timber value of $192,600.  This is a rare purchasing opportunity because this farm has not been on the market since 1939. The property is available for inspection anytime during daylight hours. There are cattle currently on the farm, please close all gates as you pass through them. Online simulcast bidding will be available the day of auction, contact Stephen Barr at 270-668-9955 by noon central time Wednesday, May 17 in order to bid online.

Click "View Documents" above (near the top but under the pictures) to view several documents, including: aerial photo, USDA-FSA aerial, USDA farm record, road letter and soil survey.

Click below to view video

The John R. and Eunice Milliner Trust, Owner


TERMS & CONDITIONS: $50,000 down day of auction. Deposit to be made in the form of cash, cashier’s check, personal check with up to date bank letter guaranteeing funds or wire transfer. All bidders must register prior to the auction to receive a bidding number and must have a picture ID or driver’s license. The house was built before 1978. Lead paint could be present, make your inspection 10 days prior to the auction. Purchaser will be required to sign an inspection waiver prior to signing a sales purchase agreement day of auction. Balance due by July 5, 2017. POSSESSION: Cropland day of auction, House; buildings; timber and woodland date of deed. TAXES: 2017 property taxes paid by buyer. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price. IMPORTANT NOTICE: All property sold “as is where is” condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material or any oral statements made. Not responsible for accidents.

From Leitchfield take HWY 62 (Elizabethtown Road) seven miles to HWY 720 (St. Paul Road), at Big Clifty turn left, proceed across the railroad tracks and the farm is immediately on the right. From Elizabethtown take Highway 62 (Leitchfield Road) eighteen miles to Big Clfty turn right on HWY 720 (St. Paul Road), proceed across the railroad tracks and the farm is immediately on the right. From Louisville take I-65 south 34 miles to The Wendell Ford Western KY Pkwy at Elizabethtown, take Western Kentucky Parkway 11 miles to exit 124 at White Mills proceed north on HWY 84 one-quarter mile to HWY 62 (Leitchfield Road) turn left proceed seven mile to HWY 720 (St. Paul Road) turn right continue across the railroad tracks and the farm is immediately on the right (signs posted).