ABSOLUTE LIVE/ONLINE AUCTION
of RICHARDS FAMILY’S
74 ACRES M/L - PENDING SURVEY
SATURDAY, OCTOBER 31ST @10:30 A.M.
MOBERLY SECTION OF MADISON COUNTY
DIRECTIONS: From the intersection of Hwy 876/Eastern Bypass & Hwy 52, take Hwy 52 West for 4.8 miles. Turn left on Hwy 374. Go 0.2 mile, turn right on old Hwy 52. Proceed 0.6 mile to the property. Auction signs are posted.
The Richards family lives out of state and has decided that they can’t care for the property as they would like and have decided to offer it at absolute auction.
The property will be sold as a whole and not in tracts. This is 74 acres of the finest laying farmland in Madison County. It is highly productive soils and ideal for that person wanting a farm close to town. It has an abundance of road frontage along old Hwy 52 & Kennedy Rd. There is a combination barn and a pond for stock water.
The property will be subject to a conservation easement to the Bluegrass Conservancy as recorded in DB663 Page 360 in Madison County Clerk’s office or can viewed on our website.
This easement assures the property will remain as agricultural property and cannot be used for commercial purposes and cannot be divided into smaller parcels. There is an older house on the property which can be replaced by a new home or remodeled but no more than one home can be on this property.
The auction will be simulcast giving you the opportunity to come bid live or bid online.
AUCTIONEER’S NOTE: If it’s a farmer’s farm that you’re looking for, this is it. Great soils and prime location in an excellent neighborhood, you need to check this one out.
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 October 21st through October 30th. 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: 20% down due day of sale or within 48 hours of close of bidding, with balance in 30 days with deed.
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.
Danny Ford, Auctioneer
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price.
TERMS: 20% down due day of sale or within 48 hours of close of bidding, with balance in 30 days with deed.