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Property Type: Farming
Property Status: Auction


120 ACRES –16 TRACTS – 120 ACRES

                                                           SALE IS ON DECEMBER 17th @ 3:37 PM EST

******SOLD*****SOLD****SOLD***** SOLD FOR $422,935.59 TOTAL SALE********

LOCATION: Hart Co., KY. Magnolia Community – From Magnolia, take US 31E South, Approx. 1.9 miles to the intersection of Hammonsville School House Road & US 31E – turn right into Hammonsville School House Road and go 0.9 miles to property — SIGNS POSTED – NOTE: Sale will be held at The Nest Venue, 195 Lee Oak Dr. Hodgenville, KY. 42748. (Right off Lincoln Parkway)
REASON FOR SALE: By order of the Honorable Judge Joan A. Lloyd – United States Bankruptcy Court—Western District of Kentucky, Case #19-11177-JAL, David C. Owen and Mary A. Owen, Debtors in Possession, have commissioned Harned Auctioneers to sell the following described property under the hammer!! REAL ESTATE: Selling one of the most productive and improved agricultural farms in northern Hart County.
Improvements Included 208’ X 53’ feeding barn w/adjacent 69.5’ X 31’ feed storage barn (including 33’ X 31’ concrete floor for grain storage next to a large silo), 47’ X 48’ tool shed, 54’ X 28’ tool shed, 64.5’ X 64’ tool shed w/52’ X 14,7’ side shed, 24’ X 48’ shop w/concrete floor, 29’ X 55’ hay barn, 82 X 74.9, stock barn, 28’ X 126’ tool shed (needs repair), a 64.5 X 48 stock and hay barn, approx. 6000 BU, grain bin, and some perimeter fencing for cattle.
Land contains approx. 120 acres in all ( new survey under way) of which approx. 60 acres is cropland, approx. 20 acres in woodland, approx. 5 acres in farmstead areas including access roads, with balance in scattered pasture, scattered shade, natural drains, Cropland consists of top quality Sonora, Grigsby & Gatton soils– ideal for harvesting high yielding corn & soy beans every year. Property has a 56.71 Ac. Soybean base and a 22.78 Ac. corn base according to Hart Co FSA office. Farm has approx. 3410 R.F. on Hammonsville School Rd w/county water along Hammonsville School Rd and has 1090 R.F. on Paul Heath Rd. Real Estate will sell in 16 Tracts ranging in size from 3.1 Acres to 13.5 Acres.
THE TRACTS: Tract #1—13.5 Ac. – 74’ road frontage (R.F.) on Paul Heath Road (PHR) – app 40% wooded—approx. 40% cropland—balance pasture. Tract #2—3.2 Ac. 353’ R.F. on PHR Approx. 40% in grass—balance wooded. Tract #3—3.2 Ac. 340’ R.F. on PHR approx. 60% scattered pasture & trees –balance wooded. Tract #4—3.1 Ac.—323’ R.F. on PHR and 599’ R.F. on Hammonsville School Road (HSR) – scattered shade trees—balance in grass. Tract #5—3.2 Ac.—289’ R.F. on HSR – approx. 20% wooded –balance in grass. Tract #6—9.3 Ac.—180’ R.F. on HSR – approx. 15% wooded—balance grass—pond. Tract #7—9.1 Ac.—198’ R.F. on HSR – approx. 15% wooded—balance grass—pond. Tract #8—8.2 Ac.—180’ R.F. on HSR – approx. 10% wooded—balance cropland & pasture. Tract #9—9.6Ac.—266’ R.F. on HSR – approx. 15% wooded—balance pasture & cropland. Tract #10—9.5 Ac.—229’ R.F. on HSR – approx. 30% wooded—balance pasture & cropland. Tract #11—9.2 Ac.—256’ R.F. on HSR – approx. 15% woodland—balance pasture & cropland. Tract #12—6.4 Ac.—459’ R.F. on HSR – large scattered shade trees—all in grass—47’ X 48’ toolshed, 28.3’ X 54.5’ toolshed, some perimeter fencing. Tract #13—12.9 Ac.—55’ R.F. on HSR – approx. 50% wooded—balance pasture & cropland, 64.5’ X 64’ toolshed, 24’ X 28’ shop, 29’ X 55’ hay barn, 82’ X 74.9’ stock barn, 28’ X 126’ toolshed. Tract #14—5.2 Ac.—279’ R.F. on HSR – all clear—cropland & grass—208’ X 53’ feeding barn w/adjacent 69.5’ X 31’ feed barn, large silo, 6000 BU grain bin. Tract # 15—8.7 Ac.—272’ R.F. on HSR – approx. 15% wooded—balance cropland & grass. Tract #16—9.8 Ac.—148’ R.F. on HSR – mostly clear—pasture and cropland—64.5’ X 48’combination stock & hay barn.
TERMS: 20% down day of sale in the form of cash, cashier’s check, or personal check with current bank letter of credit addressed to Harned Auctioneers, LLC. -Balance on or before 60 days w/ delivery of deed. A 10% Buyers Premium will be added to all winning bids. TAXES: Pro-rated to scheduled closing date. POSSESSION: w/deed. OWNERS: David C & Mary A Owen, Debtor’s in Possession. Inspections: SUNDAYS DEC. 6th  & 13th @ 2-4 pm est. AUCTIONEERS WILL BE PRESENT FOR QUESTIONS!