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LIVE ABSOLUTE AUCTION
SATURDAY, SEPTEMBER 7TH AT 10 A.M. CDT
TRACT #1: Stunning, Custom-Built House w/ In-Ground Pool on 14.68 Acres m/l w/ Barn & 2 Ponds.
TRACT #2: 82.80 Acres, m/l, being Offered Separately (has separate entrance). Plus, Fine Household Furnishings, Home Décor, Portable Storage Building, Tools & Supplies.
Auction Held for Sherman Burton & Dr. Anne Yeary, M.D.
Location: Beautiful country setting, just outside Columbia at 1320 Jones Chapel Rd., Columbia, KY 42728. Auction Banners Posted.
DIRECTIONS: From Exit 46 of the Louie B. Nunn Cumberland Parkway, take Hwy 61 South 2.4 miles, then right onto Jones Chapel Rd. Property is just over 1 mile on the right. Auction Banners Posted.
VIEWING: BY APPOINTMENT ONLY or OPEN HOUSE, Saturday August 31st from 10 AM to 12 NOON CDT.
PROPERTY OVERVIEW:
TRACT #1: Experience luxury living in this exquisite custom-built estate, nestled on 14.68 Acres, m/l, of mostly fenced land, complete with two serene ponds and a spacious 28ft x 48ft barn. This magnificent home offers a perfect blend of elegance and functionality, with all essential living spaces thoughtfully designed on the main level. Boasting 3,171 sq ft +/- of above-grade living space and an additional 1,903 sq ft +/- of finished space in the walk-out basement, this property provides a generous total of 5,075 sq ft +/- of finished living area. The main level features an open and airy floor plan highlighted by soaring ceilings, recessed lighting, crown molding, and a mix of beautiful hardwood and tile flooring. The living room, with its stunning arched architectural windows, cozy fireplace, and custom built-ins, flows seamlessly into the kitchen, equipped with stainless steel appliances, an eat-in breakfast nook, and a formal dining area. Additional conveniences include an office area, a main-level utility room, a guest half bath, and a spacious primary bedroom with a luxurious en-suite bath, tiled shower, and walk-in closet. Additionally, the main level features a 2-car attached garage. The second level offers a panoramic view of the main living area, with a runway landing that leads to up to three additional bedrooms and two full baths, providing ample space for family and guests. The walk-out basement is a retreat of its own, featuring a large family room with a wood pellet heating stove, a gym/recreational room, a concrete safe room, and an additional bedroom, full bath, and kitchen area. The basement also includes a third garage, offering even more convenience. This home is equipped with modern amenities including three central heat and air units, a new roof, Andersen windows, and a security system. Outdoor living is just as impressive, featuring a beautiful in-ground pool, a covered porch overlooking the pool, and secure fencing to keep both children and pets safe, all accessed by a long blacktop driveway that offers a scenic setback from the roadway. This property is the epitome of luxury and comfort, offering everything you need for a peaceful, upscale lifestyle in a beautiful, private setting.
TRACT #2: This beautiful 82.8-Acre, m/l, farm has its own entrance from Jones Chapel Rd, with a long, gated gravel road leading to a hilltop area of green fields surrounded by hardwood forests. The USDA Farm Service Agency notes that about 23 acres are open fields, while the rest is scenic woodland with hardwood trees. The land also has several hollows, some with streams running through the hills. The upper fields offer great views and lots of privacy, making it a perfect spot for a future home. If you enjoy hunting, this land is a wildlife haven, with some of the areas prize turkey and deer being taken on or close by to this magnificent property. The mineral and oil rights remain with the property – there are 2 producing oil wells on the property which are leased, and the new property buyer will receive the property owner royalties from future production! Even though it feels very private, this land is just a short drive from town and the new Exit 46 of the Louie B. Nunn Cumberland Parkway, giving you both peace and convenience.
MANNER OF SALE: This is a live, on-site auction, with absentee bidding available by contacting auction company in advance. Tracts will be offered individually and in combination using Golden Rule-Wilson’s Multi-Parcel Selling System, allowing bidders to bid on either individual tract or a combination of the tracts - also allowing individual tract bidders the ability to defend their bids.
SALE ORDER (All times are CDT & are approximate)
10:00 AM: Real Estate
11:00 AM: Furniture, Tools, Etc.
TERMS: Real Estate: You must have your financing in order and pay 10% down the day of auction and close on or before 45 days. A 10% buyer's premium applies. The purchase is not contingent upon financing, appraisal, inspections, etc. You are welcome to have any inspections completed prior to auction. Property is sold as is. 2024 property taxes to be paid by seller. Possession with deed. Personal Property: Accepted methods of payment are cash, cashier's check or local personal/business check (Must have I.D) OR debit / credit w/processing fee. All property is sold in “AS IS” and “WHERE IS” condition – please inspect. ALL SALES ARE FINAL!
BUYER’S PREMIUM: A 10% percent buyer’s premium will be added to all final bids to determine the final sales price.
SALES TAX: KY Sales Tax (6%) applies to personal property. Dealers / Farmers must provide tax-exempt number.
AUCTIONEER’S NOTE: Don’t miss this once in a lifetime opportunity! ABSENTEE BIDDING AVAILABLE by contacing auctioneers. Remember the date Sat, September 7th at 10 A.M. CDT & come prepared to buy at your price! Coordinating Agent - Elliot Burton (270) 250-5785; Chris Wilson, Broker & Auctioneer (270) 250-3850.
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