Kentucky home

Columbia, Kentucky
OAbsolute Auction Premier Development or Agricultural Land
Real Estate, home, Land, Farm, Land Auction, Real Estate Auction, Property, Auction, Crop Land, Farm Land, For sale
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Title:
OAbsolute Auction Premier Development or Agricultural Land
Pricing:
Auction
Description:

Absolute Auction Premier Development or Agricultural Land

108+/- Acres 14 Tracts Selling to the Highest Bidder House, Barns & Equipment

108+/- Acres Prime Agriculture and Development Land incl. House & Three Barns
3.0 miles west of new Super Walmart, Shopping, Hotels & Restaurants
14 Parcels Range from 2 ac to 18 ac Bid on One tract, Multiple tracts or in the Entirety!
Selling to the Highest Bidder Regardless of Price No Minimums
41.8+/- Acres are in CRP Program until 2022
Buyers Retain full CRP Payment for 2020 and forward - $7,538 Annual Payment
Mostly Open and Tillable with only pockets of woods
County Water & Electric to the Property
Development Has No Restrictions (Subject to Adair Co. Planning and Zoning If Applicable)
Great Development Potential with the Desired Location for Home Buyers
County Road Frontage to all Parcels
Being Sold by the Living Estates of John and Margaret Johnson through Power of Attorney
First Time Offered in over 40 Years Do Not Miss this Fantastic and Rare Opportunity to Buy at Your Price!
ALSO SELLING a line of Farm Equipment & Tractor
Conservation Reserve Program (CRP)
Total Acres for Enrollment: 41.8
Contract Period: 10-01-2007-9-30-2022
Rental Rate Per Acre: $180.34
Annual Contract Payment: $7,538.00
CRP Payments are Made Each October. (3 More Payments Remaining Per Contract)
(Please see CRP Contract in PIP)
Tracts Consisting of CRP
If the farm is sold this year, payment can be divided between the buyer and seller however they wish if agreed to in writing prior to making a deed, or if no agreement then the payment will be prorated based on the date the deed is recorded.
The new owners MUST complete paperwork here in the FSA office to transfer the CRP contract into their name and agree to the terms of the contract (no haying or grazing or growing crops on the CRP acres, strip mowing of the acreage each year) or the old owners would be required to refund all payments received since 2007 on this CRP contract.
All CRP payments will be given to new buyers starting full year of 2020. (No Pro-ration)


Farm Lease Agreement
Farm lease agreement ends 12-31-2020
Price per acre per year 2020: $125.00
Type of crop being planted in 2020: Corn 45-50 acres
Planting time for 2020: Around the Middle of April 2020


Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734.
10% Buyers Premium and other terms apply
Sale in cooperation with Diamond Key Realtors, Wendy Harris


Online bidding end April 2nd at 6:00 pm CT
Property Address: 241 John Lane, Columbia, Kentucky 42728

Contact Justin Hampton at 270-734-1161 or jhampton@tranzon.com

City:
Columbia
State:
Kentucky
Country:
United States
Email:
Phone:
2707690284
Website:
https://www.tranzon.com/TAA2002
Photos:
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