• REAL ESTATE @ 10AM - FARM EQUIPMENT & PERSONAL PROPERTY @ 10:30AM (OR RIGHT AFTER REAL ESTATE) • 4.95+/- Acres in 3 Tracts • Tractors • Combine • Trucks & Trailers • Harvest • Sprayer • Planting & Tillage • Semi • Wagons • Miscellaneous • Grain Bins • Live Internet Bidding
REAL ESTATE & FARM EQUIPMENT AUCTION - 4.95+/- ACRES IN 3 TRACTS IN GALLATIN COUNTY, KENTUCKY
70 Chapman Lane, Glencoe, Kentucky - Gallatin County
Owner: Haddix Farms Real Estate Thu, Apr 25, 2019 EASTERNEquipment & Personal Property at 10:30 AM EASTERN
AUCTION IS OVER
Online Bidding is available for this auction. Click on the link(s) below to view more photos, catalog and to bid online.
** Click here for online Ring 1 **
OPEN HOUSE/INSPECTION DATES
Wednesday, April 24th from 4pm to 6pm
AUCTION LOCATION
70 Chapman Lane, Glencoe, KY, 41046
Directions: From the Cincinnati Ohio/Florence Kentucky area, travel south on I-75 to I-71 exit 173 (toward Louisville). Take exit 62 off I-71 to U.S. 127. Proceed south on U.S. 127 to Grace St. Grace St. to Chapman Lane. Look for signs. From the Louisville area, travel north on I-71 to exit 62 (U.S. 127) off I-71. Proceed south on U.S. 127 to Grace St. Grace St. to Chapman Lane. Look for signs.
TRACT DESCRIPTIONS
Tract 1: 4.7± ac with 2006 24 ft. x 50 ft. living quarters, 50 ft. x 76 ft. shop/garage area and 50 ft. x 100 ft. cold storage area, all connected. The living quarters are on City sewer and 2 in. water service. The living quarters include (2) full baths and (1) 1/2 bath, 3 bedrooms, kitchen/dining room and living room. This is a very nice home connected to the rest of the building. There is also a drive through garage area between the living quarters and shop. The shop/garage area has a separate 2 in. water service. The garage and storage area are fully insulated with concrete floors, along with three drive through garage doors on both sides of the shop area. The shop area also offers a 1/2 bath. Don ft.t miss this opportunity to live in comfort and be able to park inside and walk directly to your shop/cold storage area without stepping outside! Also, a 44 x 144 tobacco barn holds 4 tiers on the side and 5 tiers in the center.
Tract 2: Superior 25,000 bu. bin, air floor, 8 in. un-loader and bin sweep. Exterior spiral stairs.
Tract 3: Superior 25,000 bu. bin, air floor, 8 in. un-loader and bin sweep.
EQUIPMENT & PERSONAL PROPERTY
TRACTORS
HARVEST
PLANTING & TILLAGE
NEW HOLLAND SKIDSTEER, HONDA PIONEER, DITCHER, MOWER, & MISC.
AREA MAP
TRACT MAP(S)
AREA MAP(S)
REAL ESTATE AUCTION TERMS & CONDITIONS:
PROCEDURE: The property will be offered in 3 individual tracts, any combination of tracts and as a total 4.65 acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.
DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashiers check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into Purchase Agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Warranty Deed(s).
CLOSING: The targeted closing date will be approximately 30 days after the auction.
POSSESSION: Possession is at 60 days after closing.
REAL ESTATE TAXES: Prorated from day of closing. Any taxes thereafter are the responsibility of the buyer.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.
AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
EQUIPMENT TERMS & CONDITIONS: Cash or Check w/proper ID. 4% convenience fee for credit cards. Announcements made the day of the auction take precedence over any printed material. Not responsible for accidents.
