LIVE STREAM – CLICK HERE TO WATCH!

 

 

ABSOLUTE & RESERVE AUCTION

Saturday, June 29^th, 10:00 AM EDT

4 BR 4.5 BA BED & BREAKFAST – ABSOLUTE

140 +/- Acres In Tracts – ABSOLUTE

OFFICE & SHOP BUILDINGS on 7 Acres – WITH RESERVE

RIDING ARENA on 7.5 Acres – WITH RESERVE

KY-220, Thompson Rd, & Osborne Lane, Rineyville

 

DIRECTIONS

From KY-361 (Patriot Parkway) in Elizabethtown turn onto KY-1600 (Rineyville Rd) and travel about 3 ½ miles to the property at the intersection of KY-1600, KY-220, and Thompson Rd.

AUCTION PLAT (opens new tab)

RECORD PLAT WITH AERIAL (opens new tab)

RECORD PLAT DRAWING (opens new tab)

 

BED & BREAKFAST – TRACT 1A

Step back in time with modern luxury in this historic gem built in 1898, meticulously renovated and maintained to perfection. This stunning two-story property, currently operating as a charming bed and breakfast, boasts four inviting bedrooms, each with its own private full bathroom, ensuring the ultimate comfort for guests. Entertain with ease in the elegant formal dining room, complete with a convenient half bath, or relax by the natural gas fireplace in the formal living room featuring a trey ceiling and the same 5″ red oak hardwood flooring featured throughout the rest of the home. The chef’s kitchen is a masterpiece, equipped with top-of-the-line appliances including a 6-burner Wolf commercial gas stove, double oven, warming drawer, built-in microwave, dishwasher, and Subzero commercial refrigerator, all centered around a spacious breakfast bar. Additional highlights include a covered front porch perfect for enjoying the picturesque surroundings, a separate upstairs area with potential for a fifth bedroom or office, and modern conveniences like on-demand hot water heaters and dual natural gas furnaces. With a vinyl exterior and shingles replaced in 2017, along with premium insulation, this home exudes timeless charm while offering contemporary comforts. Situated on approximately 2.17 acres of land, the property also features a three-car detached garage with heat/air and a side man door, providing ample space for vehicles and hobbies alike. Embrace the perfect blend of old-world charm and modern luxury in this one-of-a-kind property.

BED & BREAKFAST GALLERY

 

OFFICE & SHOP BUILDINGS – LOT 2A

Exceptional Commercial Property: Ideal for Your Business Venture! This 1764 sq ft gem boasts a myriad of features, including a covered front porch, a welcoming foyer with a reception window, a designated copy/office equipment area, a receptionist/secretary office, a spacious conference room, two functional offices, and a luxurious executive office complete with a walk-in closet and half bathroom. Additional amenities include a convenient break room with a half bathroom and double sink, a supply closet, and an additional half bath for customer use. Plus, enjoy the added bonus of a full basement with a full bathroom and laundry hookups, ensuring all your operational needs are met. With natural gas heat, central air, and a water softener, comfort and efficiency are guaranteed. Relax and entertain on the covered composite deck overlooking the serene surroundings. Don’t miss out on this opportunity. Situated on 7 acres, the lot features multiple outbuildings including a 6 bay equipment building with overhead doors and 100 amp electric, a large metal shop building with overhead door, concrete, electric, tool room, air lines & compressor, natural gas heat & central air, ½ bathroom, loft storage with steps, and rear shed, as well a barn referred to as the “broodmare barn” with sliding doors front & rear, 4 stalls, loft storage with steps, and fenced area with 2 waterers.

OFFICE & SHOP BUILDINGS GALLERY

 

RIDING ARENA – LOT 3

Premier Equestrian Facility Situated on 7.6 acres: Your Dream Riding Destination Awaits! With a sprawling 19,500 sq ft layout, this exceptional horse haven offers everything you need for optimal comfort and convenience. The center arena serves as the heart of the facility, equipped with a state-of-the-art sound system, natural gas lines for heaters, and two ‘Big Ass’ ceiling fans, ensuring an ideal riding environment year-round. On the left side, discover a versatile space featuring a sliding door, concrete floor, water spigot, and camper hookup with sewer access. Complete with a bathroom, storage area, and convenient access to the center arena, this section is perfect for various activities and storage needs. Meanwhile, the right side boasts five horse stalls with heated automatic waterers and individual paddock access, alongside ample sliding doors, a front sliding door, and a man entry door for easy maneuverability. With 400 amp electric service, a metal exterior and roof, and ample graveled areas for parking or trailer turnaround, this facility sets the standard for excellence in equestrian accommodations. Don’t miss this opportunity to elevate your riding experience – schedule your viewing today!

RIDING ARENA GALLERY

 

LAND

140 acres of almost entirely open, level to gently rolling land currently used as cattle pasture.  The location and lay of the property offers potential for any number of uses from agricultural to future development. The property will be offered in tracts as follows:

LOT 4 – 1 acre lot fronting Thompson Rd

LOT 5 – 1 acre lot fronting Thompson Rd

LOT 6 – 1 acre lot fronting Thompson Rd

LOT 7 – 1 acre lot fronting Thompson Rd

LOT 8 – 11.24 acres fronting Thompson Rd

LOT 36 Cottonwood Estates – 1 acre lot fronting Trinity Drive

TRACT A – 44.2 acres, mostly open with creek frontage along one boundary, accessed via 30’ ingress/egress/utility easement from Thompson Rd. This tract has the cattle barn and two hoop barns

TRACT B – 28.82 acres, entirely open, accessed via 30’ ingress/egress/utility easement from Thompson Rd

TRACT C – 25.3 acres, almost entirely open, large pond with dock, fronting Thompson Rd

TRACT D – 25.8 acres, almost entirely open, fronting Thompson Rd

LAND GALLERY

 

AUCTION PLAT (opens new tab)

 

TERMS: A 10% buyer’s premium will be added to the winning bid to determine the final sale price. Auction will conducted live, on site on June 29^th, 2024 at 10:00 AM EDT. Auction will be live streamed on YouTube and phone bidding will be available. Anyone wishing to bid by phone must preregister no later than 5:00 PM EDT on Thursday, June 27^th, 2024. Phone bidders will be required to leave a deposit in the form of a cashier’s check in the amount of the required deposit on the tract(s) they wish to bid on. In the event the phone bidder wins the bid, the check will be deposited into Hodges Auction’s escrow account and applied to the total purchase price at closing. Good faith deposit will be due from the winning bidder of each parcel as follows:

• Lot 1A – $25,000
• Lot 2A – $25,000
• Lot 3 – $50,000
• Lots 4, 5, 6, 7, 8 & Cottonwood 36 – $5,000/each
• Acreage Tracts A, B, C, D – $10,000/each

The good faith deposit will be deposited into Hodges Auction’s escrow account and held until closing, at which time a check from the escrow account will be issued and credited to buyer as directed by the closing company. Property taxes will be prorated to the date of deed. Closings to occur no earlier than August 5^th, 2024 and no later than August 16^th, 2024. Possession on tracts as follows:

• Lot 1A – Bed and Breakfast, 2.2 acres – 30 Days from Date of Deed
• Lot 2A – Office and other buildings, 5.4 acres – 30 Days from Date of Deed
• Lot 3 – Riding arena, 7.4 acres – 30 Days from Date of Deed
• Lots 4, 5, 6, 7, 8 – With Deed
• Tracts A, B, C, D – With Deed, there is a current cattle pasture lease on the acreage effective through December 31^st, 2024.
• Lot 36 of Cottonwood Estates – With Deed

 

Inspection of the property may be performed by prospective bidders prior to the auction. Shown by appointment only. Information is derived from Surveys, PVA, County Clerk, or other public source information and is not guaranteed by Hodges Auction Company. Property sells as is with no guarantees by the seller or Hodges Auction Company.