Auction Information
Auctioneer Kurtz Auction & Realty Company 270-926-8553
Auction Date Aug 22 Auction
Location
Hwy. 762
Deserter Creek Rd.
Philpot, KY
Time 05:30PM
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AuctionZip Auctioneer ID# 43895

Absolute auction

 

Thursday August 15th 10:00 AM

 

Location: Philpot, KY – At the intersection of Highway 762 and Deserter Creek Road 

 

Directions: From the Wendell Ford Expressway (Hwy 60) at Hwy 54 go east on Hwy 54 - 1.9 miles to Millers Mill Rd., then South 10.5 miles on Millers Mill Rd/Hwy 762 to Deserter Creek Rd turn East onto Deserter Creek Rd and you are at the property, a total of 12.4 miles. Watch for signs.

 

Kurtz auction & Realty has been authorized to sell this property at absolute auction regardless of price

 

121.5 Acres Hunting Land in Daviess County

Oil Income/Timber/Building sites

 

This property provides an excellent opportunity to purchase wooded income-producing land within in Daviess County. Each tract is excellent habitat for local wildlife such as whitetail deer and turkey.  The owner is conveying the mineral rights to the pro-rated oil production (28% for Tract #1 and 72% for tract #2) of the property to the successful buyer.  Buyer to have immediate hunting rights.

 

Tract #1 

 

Wooded 33.603-acre tract

 

Building site locations

 

The tract has two producing oil wells with oil income between $150 - $1000 annually, depending upon oil prices.

 

There is 1600 +/- feet of blacktop road frontage on Deserter Creek Road and 750 +/- feed of Road Frontage on Boston Laffoon Road.

 

The property is excellent hunting ground.

 

Future timber harvest.

Water service (4 in.) at the intersection of Hwy 762 and Deserter Creek Rd.

 

*New survey on tract #1*

 

 

Tract #2

 

Wooded 88 +/- acre tract.

 

Exceptional hunting land.

 

The tract has 1600 +/- feet of blacktop Road Frontage along Deserter Creek Road and 2,300 +/- feet of Road Frontage along Highway 762.

 

This property receives an oil income from between $350 - $2500 annually, depending on oil prices.

 

The south property line is along the South Fork of Panther Creek.

 

There is estimated to be 10 acres of timber that could be harvested immediately, with the remainder of the tract available for harvest in the future.

 

Terms: Real Estate; Buyer to pay 10% down day of sale, balance within 45 days. Taxes to be prorated for 2019.

 

Owners:  Gary and Jackie Howard

 

Auctioneer: David Hawes 




Auctioneer License Information: 3912

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