Wonderful, Scenic Views! Near the Beautiful Cumberland River! Only Minutes to Lake Cumberland!
Double Header Absolute Estate Auction
Saturday, June 3rd, at 10 A.M. CDT
Scenic Land & Timber Auction Offering 89 Acres, m/l, Offered in 8 Tracts & Combinations using Golden Rule-Wilsons Multi-Parcel Selling System. Property includes a Fixer-Upper Brick House on 2.09 Acres m/l, a Nice Boundary of Commercial Timber Offered Separately on Tract #7 ONLY & a Historic Log & Weatherboard Siding House to be Offered after the Real Estate!
Auction held for the Nina Hadley Heirs & Also the Jimmy L. Hadley Estate
Property is located in the Union Chapel Community of Russell County, just south of the former school & only minutes from the scenic Cumberland River, Helms Landing Boat Ramp, Lake Cumberland & Other Attractions!
Property Address: 442 South Hwy 379, Jamestown, KY
Directions: From dow...
Directions: From downtown Russell Springs, KY, at the end of Main St, take Hwy 379 (Hales Hwy) South 8.5 miles & proceed straight across Hwy 55 approx 2 miles, then left onto Hwy 1058 & go less than a mile, then right onto Hwy 379 & proceed a short distance to property on both sides of road. Auction Banners Posted!
This property offers a good amount of blacktop road frontage on both sides of Hwy 379. The property offers level to gently rolling fields of grasslands, ideal for homesites, pasture or even cropland. The west side of the road offers larger acreage with many fresh water springs & streams, plus a scenic waterfall! County water & electric is available to properties. Acreages are as follows:
Tract #1: 5.47 Acres, m/l, mostly cleared.
Tract #2: 3.26 Acres, m/l, mostly cleared.
Tract #3: 2.60 Acres, m/l, mostly cleared.
Tract #4: 2.09 Acres, m/l, wonderful Smokey Mountain View with 3 bedroom, 1 bath brick house which includes living room with brick fireplace, kitchen/dining combination with appliances, utility room & attached carport. House has county water & electric heat, beautiful shade trees & sits back from roadway!
Tract #5: 4.78 Acres, m/l, secluded field, also some good timber remaining with this tract.
Tract #6: 6.56 Acres, m/l, cleared with woods around edge.
Tract #7: 53.93 Acres, m/l, scenic waterfalls, springs, streams, barn, secluded field, wildlife paradise.
Tract #8: 10.12 Acres, m/l, mostly cleared
Tracts will be Offered Individually & in ANY COMBINATIONS Using Golden Rule-Wilsons Computerized Multi-Parcel Selling System, Allowing Anyone to Bid on Any Individual Tract or Combination of Tracts at Anytime! Also allowing individual tract bidders opportunity to defend your bids.
Commercial Timber offered separately on Tract #7 Only: This tract offers a nice selection of several walnut, white oak, red oak as well as other hardwoods. Timber to be offered down to a 12 inch cut to be measure 12 inches from the ground at the stump & allowing 9 months from full payment for removal.
Historic House: This historic house will be auctioned after the real estate. It contains some old hand-hewn logs, weatherboard siding, tongue & groove, weathered metal and all this old building materials that are popular these days. Buyer has 9 months to tear down & move.
Terms: Real Estate: Non-refundable 10% down day of sale & balance with deed on or before 30 days. Possession with deed. Property taxes paid by sellers for 2017. Timber: 10% down day of sale with signing of a standard timber contract & balance due on or before 30 days, with 9 months for removal of timber down to a 12 inch cut (measured 12 inches above the ground at the stump). Old Historic House: Cash or good check day of sale. A ten percent buyers premium will be added to all final bids to determine the final sales price.
Auctioneers Note: This is a great opportunity to purchase property near the river & lake! Perfect size tracts! Remember the date, Saturday, June 3rd, at 10 A.M. CDT & come prepared to buy at your price!
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationFrom downtown Russell Springs, KY, at the end of Main St, take Hwy 379 (Hales Hwy) South 8.5 miles & proceed straight across Hwy 55 approx 2 miles, then left onto Hwy 1058 & go less than a mile, then right onto Hwy 379 & proceed a short distance to property on both sides of road. Auction Banners Posted!