Doubleheader Absolute Estate Auction of
The Late Mrs. Pauline Eaton’s Farms
Farm # 1: 109 Acres m/l in Tracts
Farm # 2: 235 Acres m/l by Survey and Timber
Saturday, May 12th, 2012 at 10:00 a.m.
US 25, Between Mt. Vernon and Berea, Near Roundstone, KY
In order to settle the estate of the Late Mrs. Pauline Eaton, her Co-Executors have authorized our firm to sell these farms for the absolute high dollar.
** Both Farms will be sold from Farm #1 – Tract #2.
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Farm # 1: 109 Acres m/l in Tracts
Hwy 25, Approx 7 Miles North of Mt. Vernon and 7 Miles South of Berea, KY
Directions: From Mt. Vernon, turn left off US 25 (just past the Roundstone Elementary School). Watch for auction signs.
MULTI-PARCEL AUCTION: The property will be offered in two 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.
The farm contains 109 acres more or less by survey with a total of 85.4 acres of crop and pastureland according to the FSA office. Access to Tracts 1 and 2 is from US 25. Tracts 3 through 7 are located on the back side of the farm and front on Smallwood Road (just off Grace Baptist Church Road). City water available to all tracts.
Tract 1: Contains 39 Acres of mostly all tillable crop and pasture land with a section of woods.
Tract 2: Contains 31.46 acres of crop and pasture land. This tract is improved with the large tobacco barn measuring approx. 200 ft long with a concrete floor.
Tract 3: Has 9.99 acres with crop and pasture land as well as woods.
Tract 4: 7.82 acres of mostly all cleared crop and pasture land.
Tract 5: 5.80 Acres of mostly cleared land with some wood land on the rear of the tract.
Tract 6: 4.8 Acres has a majority of cleared land with some woods on the rear.
Tract 7: 9.93 acres offers cleared with some wood land on the rear.
AUCTIONEER’S NOTE: If you are in the market for a good productive farm or just a mini farm to build your dream home, here is an excellent chance to bid and buy at your own price.
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Farm # 2: 235 Acres m/l With Timber
Just Off Hwy 25 on The Old State Road, Near Roundstone, Ky
Approx. 7 Miles North of Mt. Vernon and 7 Miles South of Berea
Auction will be held at Farm # 1 location
Directions: From Mt. Vernon, take US 25 North turn right onto the Old State Road. Watch for auction signs.
The farm consists of 235 acres m/l by survey and is improved with a pond, spring and branch. This farm will be selling in its entirety and not offered in tracts. A professional timber cruise has been done and indicated a large amount of marketable timber. A copy of the report is available at the office.
Auctioneer’s Note: If you are in the market for a good cattle farm or some timber, be sure to attend this auction. Remember, it will sell immediately after Farm #1.
TERMS: Real estate: 20% down day of sale balance in 30 days.
Announcements day of sale take precedence over printed
matter.
For additional information, contact the selling agents.
Overview
Under Contract: Yes