English Road, Gilbertsville, KY 42044 - Marshall County

ABSOLUTE LAND AUCTION

Thursday, December 18, 2025 • 6:00 PM (CT)

Auction Held at the Marshall County UK Extension Office

Farm Location: English Road, Gilbertsville, KY 42044

185.72± Acres in 4 Tracts & Combinations!

Join us Thursday, December 18th at 6 PM (CT) for this Absolute Land Auction featuring 185.72± acres offered in 4 tracts and combinations.

The auction will be held at the Marshall County UK Extension Office, and the property is located on English Road in Gilbertsville, KY—just minutes from Kentucky Lake and Kentucky Dam Marina.

This prime 185-acre farm offers exceptional potential for row crop, cattle, or recreational.

Situated near Hwy 641, I-24, and the heart of Kentucky Lake recreation, this tract provides the ideal mix of accessibility and scenic beauty.

Property Overview

Total Acreage: 185.72± Acres

County: Marshall County, KY

Location: English Road, Gilbertsville, KY 42044

Auction Held At: Marshall County UK Extension Office

Auction Type: Absolute — sells to the highest bidder, regardless of price

REAL ESTATE TRACTS

Tract 1: 36.34 Acres

Tract 2: 26.21 Acres

Tract 3: 86.37 Acres

Tract 4: 36.80 Acres

Tracts and combinations offered to suit a variety of buyers — ideal for homesites, recreation, or development.

Highlights & Features

Minutes from Kentucky Lake & Kentucky Dam Marina

Easy access to Hwy 641 and I-24

Combination of tillable farmland & woodlands

Currently operating as cow + calf farm

Excellent opportunity for investors, bottom land farmers, hunters, or outdoor enthusiasts

Gently rolling terrain with scenic natural features

Terms of Auction

10% Buyer’s Premium added to the final bid to determine total purchase price

15% Deposit due day of sale (balance due at closing)

Property sold by new survey – buyer pays 50% of survey cost

Selling Absolute – no minimums, no reserves

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in multiple tracts.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by a new survey. Buyer is responsible for 50% of the cost.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.