ABSOLUTE LIVE/ONLINE ESTATE AUCTION
of the late MR. & MRS. HERBERT LEAR’S
184 ACRES M/L IN TRACTS &
FARM MACHINERY & PERSONAL PROPERTY
SATURDAY, MAY 22ND @ 10:30 A.M.
SCAFFOLD CANE SECTION OF ROCKCASTLE COUNTY
446 LEAR LANE, MT. VERNON, KY
DIRECTIONS: Turn off of Hwy 25 near Roundstone Elementary onto Hwy 1617. Follow auction signs to sale site.
In order to settle the estate of the late Mrs. Beulah Lear, the co-executors, Terry Lear & Cindy Moberly have authorized us to sell this real estate for the absolute high dollar.
This farm consists of 184 acres m/l. 156 acres of this farm has just been surveyed. The other 2 tracts are selling by deed boundary and have not been surveyed.
TRACT 1 is 1.2 acres, fronts on Sinking Valley Springs Rd.
TRACT 2 is 1.8 acres, fronts on Sinking Valley Springs Rd.
TRACT 3 is 1.5 acres, fronts on Sinking Valley Springs Rd.
TRACT 4 is 1.4 acres and fronts on west side of Lear Lane.
TRACT 5 is 3.1 acres and fronts on west side of Lear Lane.
TRACT 6 is 3 acres and fronts on west side of Lear Lane.
TRACT 7 is 8.2 acres and fronts on west side of Lear Lane.
TRACT 8 is 60.1 acres, fronts on west side of Lear Lane and is improved with a barn.
TRACT 9 is 8.1 acres, fronts on west side of Lear and is improved with an older 2 story house. The house has 1 bedroom, bath w/ large shower, living room w/ fireplace, kitchen w/ oak cabinets, large utility room on the first floor. Upstairs is 2 large bedrooms and large unfinished area. The house has metal roof, vinyl siding, central heat & air, washer/dryer hookup, carpet & vinyl flooring.
TRACT 10 is 17.1 acres and fronts on west side of Lear Lane.
TRACT 11 is 50 acres and fronts on east side of Lear Lane.
TRACT 12 does not sell.
TRACT 13 is 25 acres m/l, not surveyed and is selling by boundary deed. It is all wooded and fronts on Sinking Valley Springs Rd.
TRACT 14 is 3 acres m/l, not surveyed and is selling by boundary deed. It is all wooded and fronts on Sinking Valley Springs Rd.
All tracts have electric and city water available.
If you enjoy the beauty of the Kentucky hills, you’ll love this farm. Each of the tracts have fantastic views & ideal building sites.
**ONLINE BIDDING AVAILABLE ON REAL ESTATE ONLY **
FARM EQUIPMENT includes: 12x20 insulated metal storage building ~ Massey Ferguson 265 diesel tractor w/ 2700 hours ~ BushHog rotary mower, like new ~ Kory 8 ton wagon w/ 18’ flat~ Massey Ferguson wagon w/ 15’ flat ~ horse drawn wagon ~ hay fork ~ post hole digger ~ 14” Ford plow ~ 16” single Ford plow ~ 6’ grader blade ~ John Deere horse drawn mowing machine ~ McCormick horse drawn mowing machine ~ 6’ Ford mowing machine, needs work ~ 7’ Ford harrow ~ horse drawn disc harrow ~ orchard harrow ~ corral panels ~ hydraulic disc wheel ~ cultivator for tobacco setter ~ tobacco setter ~ boom pole ~ hay cradle ~ 550 gallon water tank ~ barbed wire ~ fence posts ~ electric wire ~ tractor seats ~ tobacco knives ~ tobacco sticks
PERSONAL PROPERTY includes: Knox Mealmaster wood cookstove w/ water well ~ oak entertainment center ~ 4 piece wood bedroom suite ~ oak marble top coffee table & end tables ~ cedar wardrobe ~ fern stands ~ antique oak stand table ~ antique rocker ~ sofa table ~ oak dining room table & 6 chairs ~ jewelry case ~ Roper washer & dryer ~ Frigidaire refrigerator ~ cast iron tub ~ Carnival glassware ~ metal lawn furniture ~ concrete flower pots ~ Bluegrass tiller ~ aluminum step ladder ~ cross cut saws ~ various hand tools ~ logging chains ~ draw knives ~ antique vice ~ horse harness and much more.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
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 May 12th through May 21st. The successful bidder must sign a waiver of the 10-day inspection period.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price.
TERMS: Real Estate- 20% down due day of sale, with balance in 30 days with deed. Personal Property- Payment in full due day of sale in the form of cash, check, Visa or MasterCard with an additional 3% processing fee ($3 minimum).
Notice: In accordance with the CDC and to protect our customers and staff, we would like to encourage the maintaining of social distancing and recommend wearing facial covering at our auction site to further prevent the spread of Covid-19.
Sam Ford, Auctioneer
TERMS: Real Estate- 20% down due day of sale, with balance in 30 days with deed. Personal Property- Payment in full due day of sale in the form of cash, check, Visa or MasterCard with an additional 3% processing fee ($3 minimum).