155+/- Acres in Tracts at Absolute Live Auction

155+/- Acres in Tracts at Absolute Live Auction
Saturday, September 21st, 2024 at 10:30AM
Simpson Branch Road Monticello, Ky


Seize the opportunity to own a piece of prime Kentucky land at an absolute live auction! Spanning 155+/- acres, this remarkable property is thoughtfully divided into 10 tracts, each offering its own unique appeal. Whether you're looking for wooded areas perfect for hunting, fertile land ideal for farming, or a serene spot to build your dream home, this farm has it all. Located just minutes from Monticello, this versatile land provides endless possibilities for development, recreation, and investment. Don't miss out on this rare chance to secure valuable real estate in a highly sought-after location!

Tract #1 - 0.54 +/- Acres
Tract #2 - 3.01 +/- Acres
Tract #3 - 8.22 +/- Acres
Tract #4 - 16.71 +/- Acres
Tract #5 - 33.96 +/- Acres
Tract #6 - 44.0 +/- Acres
Tract #7 - 10.35 +/- Acres
Tract #8 - 18.24 +/- Acres
Tract #9 - 18.76 +/- Acres
Tract #10 - 2.09 +/- Acres

REAL ESTATE TERMS:

Buyer's Premium: There will be a 10% Buyer’s Premium added to the winning bid to determine the final sale price.

EARNEST MONEY: 20% of the total sale price down as a non refundable earnest money at the close of the auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate. 

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.

This auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.

GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.

REAL ESTATE TAXES AND CLOSING COSTS: All real estate taxes will be prorated for 2024. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.

For more details, contact us today!

Matt Ford, Auctioneer

Ford Brothers, Inc.

3375 East Highway 80

Somerset , KY 42501

[email protected] 606-679-2212

Simpson Branch Road Monticello, 42633

Starts on 09/21/2024