24 Acres and 11.32 Acres in Tracts at Absolute Online Auction
Bidding Ends Thursday, August 11th, 2022 at 6:00 p.m.
(24.30 acres) - 590 PL Colyer Road Somerset, Ky 42501
(11.23 acres) is located at the intersection of Hwy. 1676 and Hwy. 3264 - Science Hill, Ky 42553
Auction #1 - 24 acres m/l in tracts and Barndominium with Seasonal Lake Views
Directions: From Hwy 914, turn East on Hwy 769 (Rush Branch Rd). Go approx 7 miles to Omega Park Rd. Go approx 1.7 miles to P.L. Collier Rd. The auction lots will be approx 4/10 of a mile. Watch for signs!
Many of these tracts have seasonal lake views. Each tract is mostly wooded with good timber. There is an abundance of wildlife in the area. Each tract will have water available, either presently or with an easement for water lines.
Preview of PL Colyer Road Property - Thursdays, August 4th and August 11th from 3 to 6 p.m. each day.
Tract 1 consists of 1.52 acres, most of which are cleared. It is improved with a 40 x 100 barndominium with seasonal lake views. The home has a kitchen, living room, 2 bedrooms, and bath, utility room plus separate office space. The barndominium could use some improvements but is certainly a ‘diamond in the rough’. The barndominium has concrete floors throughout and also has several stalls and a complete loft area.
Tract 2 consists of 1.85 acres, most of which are wooded. It has blacktop road frontage.
Tract 3 measures 1.92 acres which is primarily wooded. This tract has 408 feet of blacktop frontage.
Tract 4 has 3.50 acres, which is also primarily wooded. It has 323 feet of blacktop frontage.
Tract 5 has 3.28 acres, primarily woodland with 219 feet of road frontage. This tract has some marketable timber.
Tract 6 measures 3.29 acres. It has215 feet of blacktop frontage and also has some marketable timber.
Tract 7 consists of 5.01 acres with 145 feet of frontage and has marketable timber.
Tract 8 contains 1.84 acres and has 575 feet of Cumberland Ridge Road frontage and 582 feet along P.L. Colyer Road. This tract is primarily wooded.
Tract 9 has 2.09 acres with some pastureland and woodland. This tract has 339 feet of frontage along Cumberland Ridge Road and 147 feet of frontage on P.L. Colyer Road.
Auction #2 - 11.23 +/- Acres
Hwys 1676 and 3264
Science Hill, Ky 42553
Directions: From Hwy 27 North, turn onto Hwy 635 North at Hardee’s. Follow Hwy 635 to Hwy 1676 and turn Left. Go approx 4.5 miles to the property. Watch for signs!
Lot #10 - This very unique property features beautiful scenic settings and would be the ideal property for the outdoor enthusiast. It offers access to and borders Fishing Creek. It lays well and has blacktop frontage along both Hwy 1676 and Hwy 3264. City water is available. If you are looking for a nice small tract in the country for recreational use or for crop and pastureland, check this one out.
*View a plat of said properties at fordbrothersinc.com or you can pick up a copy at the Ford Brothers Auction Center.
AUCTIONEER’S NOTE: There will be an easement reserved along the front of each tract for utilities. Each purchaser will be responsible for getting utilities to their property. If you want a site in the country with a little extra room for your home or mobile home, an added getaway close to the Lake, or a larger tract or timberland, mark your calendar and check this one out.
TERMS: 20% down the day of the auction with the balance due in full within 30 days.
BUYER’S PREMIUM: There will be a 10% buyer’s premium added to the last bid to determine the final sales price.
NOTE: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead-based paint. The inspection period is from August 1st through August 12th, 2022. The successful bidder must sign a waiver of the 10-day post-inspection period.
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 whether the information contained herein is accurate and complete. The property is selling in its as-is condition with no warranties expressed or implied.
Announcements made the day of the auction take precedence over printed matter.
Danny Ford, Auctioneer
TERMS: 20% down the day of the auction with the balance due in full within 30 days.
BUYER’S PREMIUM: There will be a 10% buyer’s premium added to the last bid to determine the final sales price.
NOTE: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead-based paint. The inspection period is from August 1st through August 12th, 2022. The successful bidder must sign a waiver of the 10-day post-inspection period.
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 whether the information contained herein is accurate and complete. The property is selling in its as-is condition with no warranties expressed or implied.
Announcements made the day of the auction take precedence over printed matter.
Danny Ford, Auctioneer