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"POWERFUL MARKETING, OUTSTANDING PROFESSIONALS, AND SUPERIOR SERVICE GIVE THE AUCTION TEAM THE WINNING EDGE OVER THE COMPETITION!" |
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ABSOLUTE AUCTION
#801
THURSDAY,
MAY 15 - 10:07
AM CDST
INSPECTIONS:
MONDAY, MAY 5 & 12....3:00 TO 5:00 PM CDST
CLICK HERE FOR PHOTOS
CLICK HERE FOR
PLAT
OUTSTANDING AGRICULTURAL OPPORTUNITY
249.25 AC. - 15 TRACTS - 249.25 AC.
CROPLAND - WOODLAND - 13 OIL & GAS WELLS
JIM DANIELS ROAD - FOX HOLLOW ROAD
1/2 MINERAL RIGHTS ON ADJACENT 150 ACRES
ISLAND, MCLEAN COUNTY, KY.
Location:
McLean County, KY. Island / Livermore Communities From Livermore go south on US 431 crossing the Green River approximately 0.5 miles to the intersection of KY 431 and KY138 - turn right on KY 138 and go approximately 0.3 miles to the intersection of KY 138 and KY 2110 go straight onto KY 2110 and go 1.5 miles to KY 2110 and Jim Daniels Road intersection turn right onto Jim Daniels Road and go approximately 0.5 miles to the property. Fronting on both sides of Jim Daniels Road and also on Fox Hollow Road at 300 Fox Hollow Road, Island, KY 42350. From Owensboro (at Wendell Ford Expressway and US 431 Intersection) Take US 431 south approximately 17 miles to Livermore (and proceed as directed above) - SIGNS POSTED!!Reason for Sale:
Due to other business interests, Alan and Angel Guyan have Commissioned Century 21 Realty Group Hagan Auction Team to sell the following described property under the hammer!Real Estate:
Selling an outstanding 249.5 acre farm in one of McLean Counties most sought after agricultural communities. Improvements include an oil field consisting of approximately 13 oil and gas wells, storage tanks, under ground piping, an oil lease on the 249.5 acres, 1/2 the mineral rights on 150 acres adjacent to this farm, a concrete block building and two mobile homes. Land consists of approximately 160 acres of top quality crop land, 90 acres woodland, with balance in scattered pasture and trees. Farm has 4777 of road frontage on Jim Daniels Road, has 6680 road frontage on Cabbage Patch Road (a private roadway easement through the farm), and 1451 road frontage on Fox Hollow Road. Property has county water along Fox Hollow Road, a blacktop road, with a picturesque view that overlooks the entire farm. County water is rundown to the concrete block storage building on the farm and to the oil tank area. Farm will sell in 21 tracts ranging in size from 5.9 acres to 25.9 acres see the tracts for details!The Tracts: Tract 1
13.4 acres 864 Road Frontage (R.F.) on Jim Daniels Road all top quality cropland; Tract 2 15 acres 597 R.F. on Jim Daniels Road tillable cropland - all top quality cropland; Tract 3 9.2 acres 904R.F. on Jim Daniels road tillable cropland; Tract 4 7.1 acres 350 R.F. on Jim Daniels Road woodland; Tract 5 5.9 acres 644 R.F. on Jim Daniels Road and 388 R.F. on Cabbage Patch Road (40 Private Road Easement) mostly woodland with some tillable cropland oil well; Tract 6 6.6 acres 386 R.F. on Cabbage Patch Road (P.R.E.) all in woodland; Tract 7 7.3 acres 299 on Cabbage Patch Road (P.R.E.) all in woodland oil well fire tower; Tract 8 8 acres 320 R.F. on Cabbage Patch Road (P.R.E.) all in woodland; Tract 9 7.7 acres 275 R.F. on Cabbage Patch Road (P.R.E.) all in woodland oil well; Tract 10 8.4 acres 298 R.F. on Cabbage Patch Road (P.R.E.) partially wooded tract with 10- 20% clear 2 mobile homes; Tract 11 8.1 acres 390 R.F. on Cabbage Patch Road (P.R.E.) partially wooded tract with 10-20% clear tillable cropland; Tract 12 9.5 acres 385 R.F. on Cabbage Patch Road (P.R.E.) partially wooded tract with 10-20% tillable; Tract 13 7.8 acres 603 R.F. on Cabbage Patch Road (P.R.E.) mostly wooded tract with 5 10% clear oil tank battery; Tract 14 12.2 acres 470 R.F. on Fox Hollow Road all in woodland; Tract 15 7.8 acres 981 R.F. on Fox Hollow Road all in woodland; Tract 16 13.3 acres 524 R.F. on Cabbage Patch Road (P.R.E) all tillable cropland oil well agricultural drainage easement (A.D.E); Tract 17 20 acres 470 R.F. on Cabbage Patch Road (P.R.E.) all in tillable cropland oil well (A.D.E.); Tract 18 23.4 acres 441 R.F. on Cabbage Patch Road (P.R.E.) all in tillable cropland 2 oil wells (A.D.E.) Tract 19 25.9 acres 452 R.F. on Cabbage Patch road (P.R.E.) all in tillable cropland oil well (A.D.E.); Tract 20 14.6 acres 674 R.F. on Jim Daniels Road all tillable cropland oil well; and Tract 21 14.6 acres 674 R.F. on Jim Daniels Road 1054 R.F. on Cabbage Patch Road (P.R.E.) all in tillable cropland oil well.OIL LEASE & OIL FIELD EQUIPMENT: The oil lease on this 249.25 acre farm will be sold immediately after the real property. The oil field equipment located on the farm will sell with the oil lease on the 249.25 acre farm. This oil field was last operated by Mr. Alan Guyan, has several pump jacks in place, bulk oil tank storage in place, piping throughout the field on the farm, and a salt water injection well. Crude oil was sold to Countrymark Cooperative. This particular oil lease (#33968) will sell with all equipment located on the farm. For more information on the equipment call Alan Guyan 502-514-1216, or for location of the oil wells Mr. Keith Biggerstaff, Surveyor/ Engineer 270-298-0257, or Billy Frank Harned, Auctioneer 800-272-6223. The 1/2 mineral rights interest on the adjacent 150 acres, will sell right after the oil lease.
EQUIPMENT LIST: approx. (13) pump jacks, (1) injection pump w/ chemical vessel in the block building, (2) mobile homes set up for living quarters with new septic system, (2) - 100 barrel tanks at the tank battery at the block building, 8 - 210 barrel tanks at the tank battery next to Fox Hollow Road, (4-6) 210 barrel tanks at the tank battery across the road from Fox Hollow, (13) wells have tubing and rods in them average depth of 2100 ft., (1) 100 barrel separator at the tank battery with the 8 tanks, overhead wire run to the walls, misc. fittings, rods, tubing, and some smaller tanks on the property.
All selling under the hammer where the final bidder sets the price!!!
Terms:
Real Estate: 20% down day of sale - balance on or before 30 days with delivery of deed. Oil Lease and Equipment and 1/2 Mineral Rights on adjacent farm - cash or check with proper identification. A Ten percent (10%) buyers premium will be added to all wining bids.SEE COMING ISSUES OF THIS PAPER FOR MORE DETAILS!
Taxes:
Prorated to date of deed. Possession: w/deedOwners:
Alan & Angel GuyanFOR PRESALE INFORMATION CONTACT:
All announcements made day of sale take precedence over advertising stated here.
Trades:
Auctioneers will consider trades of other real estate or equities as portion of the purchase price for this property, provided trades are cleared in advance of the auction. All announcements made day of sale take precedence over advertising stated here.