147 +/- ACRES- BUILDING SITES, CRP AND WOODED

  FIELD DAY PREVIEW DATE: SUNDAY, MARCH 15TH  1-3PM                           

                                       147.49+/- ACRES SELLING IN 8 TRACTS

                                   Property located at the intersection of  Benleo Rd. and W.E. Cole Rd., Richardsville, KY

                                                    SALE SITE:   Richardsville Community Center 

                                                                      1775 Richardsville Rd. 

This Warren County farm has it all! Potential acreage building sites, open recreational hunting land with CRP income, woodland with young growing timber,  a nice pond, and wildlife galore!  And all so conveniently located near Richardsville, KY.

     Total annual CRP payment of $10,166 expiring 9/30/2033 (See CRP Contract Exhibit for annual per acre payments)

     Woodland with growing timber for future income

     Potential building sites starting at 3.5+/- acres with water available on Benleo and W.E. Cole Rd.

     Tillable cropland post CRP

     Bounded by Hightower Creek with falls and a gorgeous wet weather waterfall

     Barn, shed and covered concrete lounging area

UPDATE!! The shipping container  located on Tract 6 will sell separately from the real estate in an Online Only Auction ending Monday, Mar 30th.  The Purchaser of the container with have until Aug. 1st, 2026 to remove the container. 

PLEASE NOTE: All tracts have at least a portion of the acreage enrolled in the Conservation Reserve Program (CRP), expiring 9/30/2033. The total annual payment for all 75+/- acres enrolled in CRP is $10,166. As part of the terms and conditions for participating in this auction, winning bidders shall agree to either 1. Assume the balance of the CRP contract applicable to the Tract(s) purchased within 60 days of the date of deed, or 2. Void the portion of the CRP contract they do not wish to assume by refunding the FSA the prior two years payments plus liquidated damages on acreage removed from the CRP. The current "buy out" to remove all 75+/- acres enrolled in CRP is approximately $21,568. Buyer(s) shall indemnify, defend and hold Seller harmless from and against any repayment obligations, penalties, liquidated damages, interest, costs or expenses (including court costs and attorney fees) arising out of Buyer’s failure to comply the obligations in this paragraph. The conditions and obligations contained in this paragraph shall survive Closing. Seller reserves the right of lien should these post closing conditions not be met.