Gleanings Road New Hope, KY 40052

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ONLINE AUCTION ONLY Gleanings Road New Hope, KY 40052 Larue County Kentucky 685 Acres with a new survey selling in one tract. Located 30 miles from Elizabethtown, KY & I-65 and 20 miles from Campbellsville, KY. Property has approximately 20 acres of bottomland with the remainder in woods with a great atv trail system throughout. IT BORDERS 2, 897 ACRE ROLLING FORK WMA. Utilities are available at Gleanings Road. Lots of deer sign and great pinch points. Christie Creek, which is a blue line stream, meanders through the bottoms. There is one Muddy hunting box blind and one Redneck hunting box blind and several ladder stands that will remain with the property. The 2024 crops have been leased out and Leasor retains the right to harvest soybeans by the end of year. This auction This auction will be sold by the acre, which means as you bid you will be placing a bid for one acre. At the close of bidding the total bid amount will be determined by taking the dollar amount bid per acre and multiplying it by 685.97 acres. Once that price is determined there will be a 10% buyer's premium added on to determine the final purchase price. Bidding Begins: May 10th 9:00am cst Bidding Ends: May 31st 6:00pm cst Please Read All Terms & Conditions Prior To Bidding 1.) Bidding Begins: May 10th 9:00am cst Bidding Ends: May 31st 6:00pm cst 2.) Location of Property: Gleanings Road New Hope, KY 40052 3.) Extended Bidding: This a timed auction therefore if a bid is placed within the last 5 minutes the auction will automatically be extended for 5 minutes until all bidding ceases 4.) Registration: All bidders must register online to be able to bid. Call Mayes Thompson with any questions. Please do not wait till last minute to register. 5.) Buyer's Premium: There will be a 10% buyer's premium added to the final bid to determine the final sales price. 6.) Deposit: A 10% NON REFUNDABLE deposit will be required from the winning bidder within 24hrs of close of bidding 7.) Contract: A signed purchase agreement will be required from the winning bidder within 24hrs of close of bidding 8.) Closing: Balance is due on or before July 1st 2024. Closing to be held at Collier Title Company 232 W Poplar St Elizabethtown, KY 42701 9.) Survey: A new survey of the property was conducted on 03/20/2024 by Pittman Green LLC 10.) Title: A title search is currently underway by Collier Title Company 11.) Financing: This auction is NOT contingent upon buyer obtaining financing. Prospective buyers should secure financing prior to bidding. 12.) Sold AS-IS: Real Estate is being sold as-is with no warranty expressed or implied, with all recorded or unrecorded restrictions or easements that may or may not apply. 13.) Possession: Possession will be with the deed at closing. Sellers will convey the property to the buyer by a general warranty deed. 14.) The Information on this website supersedes any previous advertising. Bidding on this auction confirms that you agree to the Terms & Conditions of this Auction Auctioneer has the right at anytime to pause, extend or reschedule the closing of this auction due to technical malfunctions of the website or auction software. It is the buyers responsibility to inspect the property on their own behalf prior to bidding. The auctioneer, agents or employees of the auction company may bid on the sellers behalf and may bid on and purchase this property in this auction. The winner is determined by the ability to close on the property. Being the high bidder does not guarantee the sale of the property.