TRACT 1
Lot Number:1
Bid Count:0
Current High Bidder:
Starting Bid:$1.00/ACRE
Bid Increment:$1,000.00
Current Bid:$0.00/ACRE x 5 ACRES
5 ACRES

There are no bids for the lot at this time

No donations for this lot

ABSOLUTE REAL ESTATE AUCTION

SATURDAY MAY 11TH 2024 AT 10AM

126 Acres in 3 Tracts

5851 Reuben Road, Water Valley, KY 42049

EXCELLENT BUILDING SITES! HUNTING! UNLIMITED POSSIBILITIES! FULLY FURNISHED HOME!

72.5 Acres are enrolled in CRP with annual payment of $6,184.00 with 6 years remaining

6 Platform Blinds & 3 Ladder Stands

TRACT 1: 5.81 Acres – Fully Furnished 3-bedroom, 2-bathroom vinyl sided home with a spacious 14×16 den, ideal for relaxation or entertainment. As you step inside, you’ll notice the inviting Kitchen with builder grade amenities and Living Room area boasting beautiful hardwood oak cabin grade floors. The bedrooms are carpeting, while the bathrooms feature tile flooring. The laundry room is conveniently tiled as well. Equipped with heat, central air, and a gas backup system with a 100lb tank, this home ensures comfort all year round. Situated off-grade with a crawl space, the house is protected by a termite bond. With two exterior doors and 8 ft ceilings, the house offers accessibility and ample space. The metal roof, only 8 years old, adds durability and longevity. Enjoy outdoor living on the open porch spanning 370 sq ft, perfect for relaxing evenings or gatherings. Additionally, a separate garage/workshop awaits on a concrete slab, featuring three entry doors including one standard and two 10’ doors, one at each end. It also includes a lean-to tractor cover along the long side and a rear-end door. With hot & cold water and a separate 200-amp electric panel, this space is ideal for various activities, including wildlife preparation, facilitated by stainless sinks and an electric winch. A 220 outlet and two 120 outlets provide ample power for your needs. Additionally, Tract 1 features a fully stocked Pond, a metal ramp out to a fishing dock, all tucked away from the road for privacy.

TRACT 2: 52.49 Acres

TRACT 3: 67.58 Acres

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in multiple tracts, any combination of tracts, or as a whole property.  The property will be sold in the manner resulting in the highest total sale price.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s 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.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2024 ad valorem taxes will be prorated at closing.

SURVEY: The property will be sold by a new survey. Buyer is responsible for 100% of the cost of the survey.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

5851 REUBEN ROAD
WATER VALLEY, Kentucky 42049
United States