ABSOLUTE ESTATE AUCTION
ONLINE ONLY – June 30 Thru July 7
44.3 Acres – Cropland & Woods
Solway Meeting Rd, Big Clifty
Estate of Patricia Reeser Harvey
DIRECTIONS: From US-62 (Elizabethtown Road) near the Dollar General and next to Wilson & Muir Bank in Big Clifty, turn onto Bank Street. Travel a short distance to left on Main Street, then a short distance to right on KY-347. The property will be about 2.2 miles on the left. The 20’ ingress/egress easement used to access the property is located to the right of the home at 2880 Solway Meeting Road (Not included or selling, for location reference only). You will travel in a straight line on the easement approximately 1,250’ before reaching the property.
*NOTE* The crop rights for the property are leased for 2022. Crop rights will be transferred to the new owner upon closing and the purchaser will receive the proceeds of the crop lease for 2022. DO NOT DRIVE OVER THE CROPLAND. You will need to park your vehicle and walk in order to reach the wooded portion of the property to the rear. The property is accessed via a 20’ ingress/egress easement from KY-347 (Solway Meeting Rd). This ingress/egress easement is shared with an adjoining parcel to the north. There is also a 50’ ingress/egress easement across this property that is used to access to the adjoining property. Reference the plat for the exact path and dimensions of the easement.
REAL ESTATE: 43.39 acres of flat to gently rolling cropland with a pond and woods on the northern portion. The land lays very well and is suitable for any number of uses. Located off of the main road, this parcel provides a secluded rural location about 25 miles from both Elizabethtown and Leitchfield. This is the first time this property has been offered for sale in more than 100 years, with the most previous transfer of ownership occurring on Dec 13, 1920.
TERMS: A 10% buyer’s premium will be added to the winning bid to determine the final sale price. Bidding will be online starting at 8:00 AM eastern time on Thursday, June 30th and soft closing at 4:00 PM eastern time on Thursday, July 7th. On real estate, $10,000 will be due no later than 6:00 PM eastern time on Friday, July 8th, with the balance due within 30 days of auction conclusion date. Property taxes will be prorated to the date of deed. Cropland is leased and purchaser must honor the lease for 2022, rights to said lease proceeds will transfer to buyer at closing. Inspection of the property may be performed by prospective bidders prior to the auction. Please be respectful of the cropland and do not drive on or damage the crops. Property sells as is with no guarantees by the seller or Hodges Auction Company.
BIDDING NOTICE: This auction is ONLINE ONLY. If you need assistance with registration or bidding please contact us at 270-765-4308. No call-in floor bids/max bids will be accepted within 1 hour of auction close due to the potential for lag or bid uploading issues which could delay timely acceptance of the bid by the HiBid platform. If you wish to place a max floor bid and have not registered with us before, you must register in person at our office, 319 S. Mulberry Street, Elizabethtown. If you are not a previously registered bidder with us and have done so already, you will be required to provide your driver’s license information.