129.85 Acres Prime Development/Farm Property - Absolute Online Only Auction

ABSOLUTE ONLINE ONLY ESTATE AUCTION

129.85 ACRES PRIME DEVELOPMENT/FARM PROPERTY

& PERSONAL PROPERTY

BIDDING ENDS FRIDAY, DECEMBER 12^TH @ 5 P.M.

2435 COLONEL RD., RICHMOND, KY

BETWEEN RICHMOND & LEXINGTON

TRACT 1 has 1.38 acres and is improved with a brick house.  The house has a living room, eat-in kitchen, 3 bedrooms, 1.5 baths, full unfinished basement, screened in porch and attached garage.  The house has central heat & air, shingle roof, hardwood floors, lots of kitchen cabinetry, Thermopane windows and more.  Double wrought iron security gates lead to blacktop circular drive.   There is approx. 100’ of frontage along Colonel Rd.

TRACT 2 consists of 85.09 acres of cleared pasture and cropland. It is improved with a cattle barn measuring approx. 40x96 set up and ready to work cattle. There is approx. 1,582’ of frontage along Colonel Rd., 2 ponds on this tract and also a billboard for extra income.  The purchaser will be responsible for negotiating lease agreement on billboard. 

TRACT 3 consists of 43.38 acres of cleared pasture and cropland.  It has approx. 618’ of frontage along Colonel Rd. This tract also has a billboard.   Purchaser will be responsible for negotiating lease agreement of billboard. Sold subject to older cemetery with ingress & egress access.

AUCTIONEER’S NOTE: If it’s property in a great location, convenient to Richmond or Lexington for development or farming that you’re looking for, you need to check this one out. It has 4,318’ of frontage parallel to I-75 and over 2,300’ along Colonel Rd. The farm backs up to farms on each side and is visible from I-75. Property is presently zoned agricultural.  There is 1300’ of wood plank fencing & woven wire around the remainder of property.  Portions of tracts 2 & 3 are in a flood plain.

PREVIEW: Friday, December 5^th & 12^th from 2-5 p.m. or by appointment.

NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property of lead-based paint.  The period for inspections begins December 2nd through December 11^th.   The successful bidder must sign a waiver of the 10-day inspection period.

AUCTION PREMIUM: A 10% Auction Premium will be added to the winning bid to determine the final sale price.

TERMS: 20% down due within 48 hours of close of bidding, with balance in 30 days with deed. 

Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its ‘as-is’ condition with no warranties expressed or implied. 

Danny Ford, Auctioneer