ABSOLUTE LIVE AUCTION
APPROXIMATELY 107.2 ACRES OFFERED IN 13 TRACTS AND 2 LOTS IN MOUNTAIN TRAIL SUBDIVISION
SATURDAY, JULY 14, 2018 – 10:30 A.M.
JOHN PARKER ROAD, LILY SECTION OF LAUREL COUNTY, KY
The owners, G & G Farms, have authorized our firm to liquidate this property at Absolute Auction.
DIRECTIONS: From I-75 Exit 38, turn south and proceed 1.5 mile to junction of Hwy 25 / 192 and turn right. Proceed on US Hwy 25 (South Laurel Road) 3.1 miles and turn right on Farriston Road. Continue 1.90 mile to John Parker Road and turn right. Proceed 1.5 mile to property on right. Auction signs are posted.
DESCRIPTION: This beautiful property consists of approximately 107.2 acres (offered in 13 tracts) with frontage on John Parker Road and Hammock Road, along with 2 lots located in Mountain Trail Subdivision. It is in a country setting but is conveniently located near London, Corbin and Interstate 75. The land is mostly cleared with some woods, level to gently rolling and includes a barn and two ponds.
This beautiful property would be an ideal farm or residential development.
The property will be offered in 13 tracts ranging in size from 5 acres to 17.8 acres and two lots located in Mountain Trail Subdivision.The property will be offered in tracts and combinations of tracts at Ford Brothers’ Multi-Parcel Auction. A plat map, detailed tract descriptions and more details can be viewed at www.fordbrothersinc.com. Tract descriptions as follows:
Tract #1 – 5 acres with 113 feet road frontage along John Parker Road
Tract #2 – 6.2 acres with 218 feet road frontage along John Parker Road and barn.
Tract #3 – 6.6 acres with 371 feet road frontage along John Parker Road
Tract #4 – 8.5 acres with 479 feet road frontage along John Parker Road.
Tract #5 – 17.8 acres with access by easement.
Tract #6 – 5.9 acres with access by easement and pond.
Tract #7 – 9.2 acres with access by easement.
Tract #8 – 14 acres with access by easement.
Tract #9 – 5.1 acres with 438 feet road frontage along Hammock Road.
Tract #10 – 5.2 acres with 352 feet road frontage along Hammock Road
Tract #11 – 6 acres with 290 feet road frontage along Hammock Road.
Tract #12 – 6.3 acres with 287 feet road frontage along Hammock Road.
Tract #13 – 10.4 acres with 274 feet road frontage along Hammock Road and pond.
Lot 11 – 0.5 acre located in Mountain Trail Subdivision with 245 feet road frontage along Mountain Trail Circle
Lot 12 – 0.5 acre located in Mountain Trail Subdivision with 45 feet road frontage along Mountain Trail Circle
TERMS: 20% down day of auction, balance due in full within 30 days.
BUYER'S PREMIUM: A 10% Buyers Premium will be added to the high bids to determine the final sale price.
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 properties are selling in their as-s condition with no warranties expressed or implied.