479 KY 1221, Madisonville, KY 42431 - Hopkins County

AUCTION

TUESDAY, FEBRUARY 24TH, 10:00 A.M.

Location: 479 KY 1221 (Pond River Collieries Road), Madisonville, KY. From Madisonville, KY take KY 70/85 2.5 miles east to KY 1221; turn south and go .6 mile to the home.

Kurtz Auction & Realty has been authorized to sell the following regardless of price:

194.5 ACRES

CROPLAND

COUNTRY HOME

BUILDING TRACT

Information and Terms

A new survey has been completed so acreages and distances are accurate.

The auction will be conducted at the home on Tract #2.

There are no minerals involved in this sale.

The terms of the sale are 10% down on sale day and the balance on or before March 27, 2015.

The farm is not rented for the 2015 crop year.

Farming rights will be granted on sale day.

2015 taxes are the responsibility of the buyer.

Kurtz Auction & Realty Co. and its representatives are agents of the sellers.

Inspection To see the home, call for a showing. You may walk or drive around on this farm at anytime at your own risk. It is the responsibility of potential buyers to use due diligence to learn about the property.

Owner: Mary F. Pritchett Family Limited Partnership, LLC

Tract #1 190.27 Acres

The lay of the land is from flat to rolling with almost all of it being cropland. It has 3230 ft. of frontage on KY 1221 and 972 ft. on Lamb Road. 15 acres of wheat is planted on this tract. About 70 acres in the southeast corner was mined and recently reclaimed. Alliance Coal Company pays the owner $6,000/year. The owner must follow the standards for the county crop averages for three years in order to get it released. The landowner also receives all income from the crops.

Tract #2 Home on 2.15 Acres

This tract has 232 ft. of frontage on KY 1221. It is improved with the home, older barn, two grain bins, 24 x 42 metal shed and a 15 x 18 storage building.

Tract #3 2.04 Acres

This tract has 221 ft. of frontage on KY 1221. This is an excellent building site with water and gas available.

HOME FEATURES

Remodeled home having 2249 sq. ft.

Formal dining room

Florida room

Three large bedrooms

Living room with fireplace

Huge modern kitchen

Two full baths

Utility room

Floored attic

Tile, pine and carpeted flooring

Central heat and air

Natural gas and city water

Replacement windows

Tongue and groove ceiling

Blacktop drive