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Auction Date: 09/04/2024 Auction Time: 11:00 AM CT

Auction Venue Location: Fohs Hall, Inc, 201 N Walker St, Marion, KY 42064

Entire Farm Description:

Country Home On Acreage With Tillable Income

This country home is located in a quiet rural area and offers a perfect blend of agricultural and recreational opportunities. The property includes 66± tillable acres, currently planted with soybeans for the 2024 season, providing a steady source of income. The house itself features 2 bedrooms and 1 bathroom and will be conveyed in AS IS, WHERE IS condition. The large yard is complemented by various outbuildings, a gravel drive, and a parking area, offering ample space for storage and activities. There are 8± acres of open ground with potential for hay production, adding to the property's agricultural value. The land also boasts 20± timbered acres, with a mix of softwoods and mast-producing hardwoods, creating an ideal habitat for wildlife. A rock bottom creek and feeder streams run through the property, enhancing its natural beauty and providing excellent deer and turkey hunting opportunities. With 1,500 feet of road frontage and multiple entry points, the property is easily accessible and offers great potential for future development or expansion. This diverse property, with its combination of tillable income, open ground, timbered areas, and natural water features, is a fantastic opportunity for anyone looking to enjoy a rural lifestyle with both agricultural and recreational benefits.

Details:

Tract #: 1

Deeded Acres: 99.3+/-

FSA Farmland Acres: 66+/-

DCP Cropland Acres: 66+/-

Soil Types: Hosmer Silt Loam, Zanesville Silt Loam, and Frondorf Silt Loam

Soil PI/NCCPI/CSR2: 50.48 NCCPI

CRP Acres/payment: NO CRP

Taxes: $715.70

Lease Status: Lease Expires in 2024

Possession: At closing

Survey needed?: No survey needed

PIDs: 049-00-00-007.00

Lat/Lon: 37.2286 / -88.1559

Zip Code: 42064

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Country home on acreage with tillable income

Located in a quiet rural area

69+/- tillable acres planted in Soybeans for the 2024 season

2BR/1BA home

Large yard with outbuildings, gravel drive and parking area

8+/- acres of open ground with potential for hay production

20+/- timbered acres with softwoods and mast-producing hardwoods

Rock bottom creek and feeder streams

Deer and turkey hunting opportunities

1,500 feet of road frontage

Multiple entry points

10% Buyers Premium

Please visit the auctioneers websie for more photos and full Terms and Conditions.