Auction Information
Auctioneer Chris Colson Auction & Realty 270 444-0031
Auction Date Sep 14 Auction
Location
4460 Shemwell Lane
Paducah, KY
Time 10:00AM
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Auction Listing
AuctionZip Auctioneer ID# 18004
    Property Address    
3955 Oaks Road
Paducah, KY 42003

ABSOLUTE LAND AUCTION

SELLING +/- 14.3 ACRES IN MCCRACKEN COUNTY

 ATTENTION:  LAND INVESTORS, FARMERS & SPORTSMEN!

THIS SMALL FARM BOASTS NUMEROUS AMENITIES INCLUDING RIVER FRONTAGE,

2-HOMESITES/W SEPTIC, & ROW CROPS

 IDEAL FOR OUTDOOR ENTHUSIASTS: HUNTING, FISHING, RECREATIONAL VEHICLES ETC.!

 

ADJACENT TO THE CLARKS RIVER NATIONAL WILDLIFE REFUGE!

 

PROPERTY WILL BE OFFERED IN 4 TRACTS SEPARATE OR COMBINED BY HIGH BIDDER CHOICE!

OVERVIEW:

This property has a great deal to offer!  There are 2 current homesites facing Oaks Road with utilities present.  There is row crop acreage bound by a natural tree line behind both homesites.  This acreage has easy access if purchased separately.  The last tract on the Clarks River side of Oaks Road is a plus if you enjoy hunting & fishing or for general recreational purposes. 

Note Hunting Enthusiasts:  This property is adjacent to the Clarks River National Wildlife Refuge consisting of over 8,000 total acres in 3 counties! 

When:  Saturday, September 14th 2019 @ 10:00 AM

Where:  Auction will be held off-site @ Beacon Dragway.   Beacon Dragway’s address is 4460 Shemwell Ln., Paducah, KY 42003.  Auction will be held indoors, watch for signs. 

Directions:  Starting from Exit 11 Interstate 24 go south on Husband Rd. +/- 0.4 mile.  Turn left on Lydon Rd. and proceed +/- 1.9 miles.  Turn right onto KY-450 South/Oaks Rd. and continue +/- 1.4 miles arriving at property on left & right sides of Oaks Rd.  Signs posted. 

TOTAL ACREAGE +/- 14.3

Breakdowns:

Entire Acreage:  All tracts combined contain +/- 2,374’ of total road frontage.  Tracts #1, #2 & #3 combined on the west side of Oaks Rd. contain road frontage on 3 sides consisting of +/- 326’ of Oaks Rd. frontage x +/- 1,335’ of Shemwell Rd. frontage x +/- 364’ of Old Shemwell Rd. frontage x +/- 1,555’ back to the point of beginning.  Tract #4 on the east side of Oaks Rd. (the river side) consists of +/- 622’ of Oaks Rd. frontage x +/- 106’ x +/- 681’ x +/- 427’ back to the point of beginning. 

INDIVIDUAL TRACTS:

Breakdowns:

Tract #1: +/- 1 acre homesite consisting of +/- 163’ of Oaks Rd. frontage x +/- 265’ x +/- 163’ x +/- 273’.  This tract includes utilities/septic although the home is no longer present. 

Tract #2: +/- 1 acre homesite consisting of +/- 163’ of Oaks Rd. frontage x 273’ of Shemwell Rd. frontage x +/- 163’ x +/- 265’.  This tract also includes utilities/septic with a double-wide mobile home in place.  The mobile home will transfer to the new property owner of tract #2.  Home is in need of repairs.

Tract #3: +/- 8.8 acres consisting of +/- 326’ x +/- 1,062’ of Shemwell Rd. frontage x +/- 364’ of Old Shemwell Rd. frontage x +/- 1,282’.

Tract #4: +/- 3.5 acres consisting of +/- 622’ of Oaks Rd. frontage x +/- 106’ x +/- 681’ through the center line of Clarks River x +/- 427’.  This is an attractive tract for hunting & fishing.

Auctioneer’s Note:  Neither homesite is located in the flood plain.  Go to images for flood plain map. 

Terms of Auction

Real Estate:  15% good faith deposit on larger tracts 3 & 4 & all combinations, 20% on tracts 1 or 2 if purchased individually.  Good faith deposit/s due on day of sale.  Balance due in 45 days.  10% buyer premium added to final bid and included in the total contract price. Showings are by appointment only or between the hours of 8:00 A.M.-10:00 A.M. on day of auction.  Announcements day of auction will take precedence over any previous marketing, either written or oral.

Procedure:  Initial procedure determined by auctioneer.

Title:  Fee Simple Absolute title delivered.

Deed:  Seller will provide a Warranty Deed.

Purchase Agreement:  Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.

Possession:   Possession given at closing. 

Restrictions:  Any recorded restrictions (if any) and zoning regulations apply. 

Easements:    Sale of property is subject to any and all easements of record.

Absence of Warranties & Disclaimers:  All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company.  Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy.  Auction Company or Seller/s not responsible for accidents.  Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

 

 

 

 

 

 

 

 

 

 




Auctioneer License Information: P939

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