82+/- ACRES IN TRACTS-MARKETABLE TIMBER-CREEK-LIBERTY, KY.
LIVE ABSOLUTE AUCTION SATURDAY APRIL 20TH AT 10:00 A.M. EDT
HELD AT THE OFFICE OF UNITED COUNTRY REAL ESTATE IN LIBERTY
245 N. WALLACE WILKINSON BLVD. LIBERTY, KY. 42539
ABSOLUTE LIVE AUCTION: Come join us on auction day as we sell these properties for the Theodore Bowser Estate. Auction will be held live at the office of United Country Real Estate in Liberty. (245 N. Wallace Wilkinson Blvd. Liberty, KY. 42539.) Up for ABSOLUTE LIVE AUCTION will be this 80+/- acre tract containing approx. 52+/- acres of marketable timber with the remainder in young pines that could be taken out to give cleared pasture land. Recent timber cruise shows 326,826 board feet of marketable timber on this tract. County water and electricity are available at the road. About a quarter mile east of this tract is another 2.03+/- acres with an old abandoned house that will be up for auction as well. This property is entirely wooded but has space to clear a spot for a new home or mobile/manufactured residence. No restrictions. Come see us on auction day ready to bid on and buy these properties!
TRACT 1: This lot contains 2.03+/- wooded acres. The property has road frontage on Jonathan Fork Rd. with access to county water and electricity. There is a home located on the property that has been abandoned for sometime but would make an excellent location for building a new home or placing a modular/manufactured home. No restrictions. The 80+/- acre tract and timber is located down the road approx. quarter mile west. For additional information you can call our office at 606-787-8391 or visit our website at www.liberty-kentucky.com.
TRACT 2: This tract contains 80+/- acres of land with about 52 acres being in marketable timber with the remainder in young timber by the creek. The land by the creek contains young pines that could be taken out giving pasture/cleared acreage. Great hunting in the area for whitetail deer, turkey and other game. If this tract is sold separately from the timber the buyer will be required to sign an 12 month timber contract with the purchaser of the timber.
TRACT 3: Tract 3 is the timber off of tract 2. Recent timber cruise shows of the 80+/- acres that approx. 52+/- acres of woodland contains 326,826 board feet of marketable timber. Should the timber and the land sell separately the buyer of the land will be required to sign an 12 month timber contract with the timber buyer.
DIRECTIONS: Properties are located approx. 2.75 and 3 miles down Jonathan Fork Rd. Liberty, KY. 42539. From Liberty take Hwy. 1649 (Dry Ridge Rd.) approximately 5.5miles to Hwy. 501 South and turn right. Continue on Hwy. 501 about 4 miles and turn left on Jonathan Fork Rd. Stay on Jonathan Fork Rd. approx. 2.75-3 miles to property locations. The 80+/- acre tract sits approx. 2.75 miles down the road on the right side with the 2.03 acres and old farm house tract sitting approx. 3 miles on the left side of the road. Signs are posted. ***AUCTION WILL BE HELD AT THE OFFICE OF UNITED COUNTRY REAL ESTATE ON THE BYPASS IN LIBERTY. 245 N. WALLACE WILKINSON BLVD. LIBERTY, KY. 42539.
TERMS: 10% Down day of sale, balance with deed on or before 45 days from sale date. Property tax for 2024 will be prorated on day of closing. This ABSOLUTE ESTATE AUCTION will be subject to a 10% buyer’s premium that will be added to the winning bid to determine the final sales price. The vacant house and 2.03+/- acres will be offered as tract one, the 80+/- acres will be offered as tract two and the timber on the 80+/- acre tract will be offered as tract three. These tracts will be auctioned off individually then offered in combinations using the multi-par auction method. Should the timber sell separately from the land the buyer of the land will be required to sign a 12 month timber contract with the timber purchaser. Property will be sold “AS IS, WHERE IS” with no warranties expressed, written or implied.
