ABSOLUTE ONLINE ONLY LAND AUCTION
Begins: Thursday, March 23rd • 10:07 AM
Begins Ending: Thursday, March 30th • 10:07 AM
5500 Old Mayfield Road • Paducah, KY
+63 Acres • City Water • Well • Game • +/-222,030 Board Ft. Saw Timber
Location: From I-24 traveling Hwy 45/Lone Oak Road South toward Lone Oak, turn left just past the old K-Mart onto Bleich Road. Go +1.9 mi., turn right at Bellview Baptist onto Old Mayfield Road. Travel +1 mi., property on left.
This well-located +63 acre tract is selling in one tract. It boasts of +45 acres of valuable, marketable timber and +18 acres of open pasture ground. It has 2 commercial water wells – excellent for irrigation. Ideal for farming, commercial, hobbies, a fantastic retreat or get-away, and the option of building a lake or large pond to build up for a home or cabin site. It’s location makes it ideal: +2.5 mi. to Hendron Elementary, Lone Oak Middle School, and St. Mary School System; +2.6 mi. to Rolling Hills Country Club; and in fact, just about 7 or 8 minutes to McDonald’s, I-24 and Lone Oak Business District. It’s true – you can buy a half acre in Paducah’s Premier West End Subdivision for +$70,000.00 – but if you’re much more about wide open spaces, ideal for four-wheeling, horseback riding, bow hunting, hiking, fishing, raising kids, cows, horses, and a whole lot more – you’ve come to the right place! So what’s your thing? ½-2 acres in town or +63 in the country? Decisions.. decisions..
Auctioneer’s Note: 91 Year old owner says sell!
Auction Terms: 25% Deposit day of auction, balance required within 45 days. A 10% Buyer’s Premium will be added to the final bid and included in the total contract price. Owner financing available with balance financed at 5% interest for 10 years, to balloon in 4 years, with payments of +$2,000.00 per month (subject to approval).
Auction Terms: 10% Buyer's Premium added to the final bid and included in the total contract price. A non-refundable down payment of 25% of the total purchase price (final bid price + 10% buyer's premium) in the form of cash, check, or wired funds due to our office by 3:07 PM of auction end date. Balance due within 45 days. *Seller financing available: 20% down payment, balance financed at 5% interest with payments to be _________ per month with balance of mortgage to be paid in full within 4 years, or cash at closing.
