McElwain Road, Rumsey, KY 42371 - McLean County

McLEAN COUNTY, KENTYUCKY CROPLAND RUMSEY BOTTOMS

AUCTION

TUESDAY, MARCH 10TH, 10:00 A.M.

Auction Site: The entire auction will take place at The Home Place (Senior Citizens Building) located at 875 Walnut Street, Calhoun, KY one block east of Main Street (HWY 81).

Property Location: All tracts are located within two miles of Rumsey/Calhoun, Kentucky. Watch for signs!

Flat Production Rowcrop Farm Land

In order to settle the Doris N. Woosley Estate, Kurtz Auction & Realty Co. has been authorized to sell the following to the highest bidder with no minimum bid:

449.62 ACRES

SELLING IN 6 TRACTS

FROM 10 TO 212 ACRES

GREEN RIVER BOTTOMS ROWCROP FARMLAND

For additional information call Joe Mills or Amy Whistle, Auctioneers.

TERMS: 10% down day of sale, balance due within 45 days. Possession with deed subject to the 2015 crop rental agreement. Buyer to receive a proportionate share of the 2015 crop rental. 2015 property taxes paid by the buyer(s). Taxes on Tracts 3, 4, 5 and 6 will be pro-rated between buyers on a by-the-acre basis and collected at closing.

Owner: Doris N. Woosley Estate,

dba E.T. Woosley Farms, LLC

Kevin D. Woosley, Executor and Manager

Hon. Mark Starns, Attorney for the Estate

QUALITY, FLAT, PRODUCTIVE ROWCROP LAND

Selling regardless of price

A new survey has just been completed on Tracts 3, 4, 5, and 6

The cropland has been cash rented for the 2015 crop year at $215.05 per acre with the buyer receiving their share at closing. Payments will be based on cropland acreage. Buyer is also responsible for a prorated share of weed kill product for ditches if needed.

Farms have been limed within the last five years. A copy of the farm lease is available at Kurtz.

Sellers agree to cooperate with a buyer on a 1031 tax-free exchange. Call Joe Mills or Amy Whistle prior to the auction to work out details.

Minerals and Riparian Rights: There are no mineral, fleeting or riparian rights involved in this sale. Fleeting and riparian rights involve the area 150 from the low water mark on Tracts 5 & 6.

This land is mostly flat Green River bottom land subject to seasonal flooding

For copies of deeds, survey, soil maps or additional information, call Joe Mills or Amy Whistle, Auctioneers.

TRACT #1 212 +/- ACRES

Location: From Rumsey, Kentucky take Highway 81 south two miles to McElwain Road (gravel). Turn west for mile to the farm. Watch for signs.

The FSA office calls for 212.5 acres of cropland.

The predominant soil types are Karnak silty clay and Karnack silt loam

This property is approximately 95% tiled and well drained with 2800 ft. frontage on McElwain Road

This tract adjoins Tract #2

TRACT #2 52 +/- ACRES

Location: From Rumsey, Kentucky take HWY 138 west for 2/10 mile to HWY 1155. Turn south on HWY 1155 for mile to the farm. Watch for signs!

The seller will furnish a new survey on this tract that will be available prior to the auction.

The FSA office calls for 53.93 acres of cropland

The predominant soil type is Karnak silty loam over wash

This farm is 100% tiled

Approximately 1030 of blacktop road frontage

This tract adjoins Tract #1

TRACTS #3, 4, 5 AND 6

Location: From Rumsey, Kentucky take HWY 138 west 1-1/2 miles to the properties. Watch for signs!

Tract #3 contains 105.29 acres by survey with over one mile of frontage on HWY 138 and HWY 939 (Pack Church Road). The predominant soil types are Melvin silt loam and Karnak silt loam over wash.

Tract #4 contains 10.99 acres by survey with 711 ft. of frontage on HWY 138 frontage. The primary soil type is Melvin silt loam.

Tract #5 contains 14.92 acres by survey with 737 ft. of frontage on HWY 138 and Green River frontage. The main soil types are Newark silt loam and Nolin silt loam.

Tract #6 contains 54.52 acres by survey with 1514 ft. of frontage on HWY 138 and Green River frontage. There is a 60 x 44 barn with a concrete floored shed and old house on this tract. The predominant soil types are Melvin silt loam, Weinback silt loam and Nolin silt loam.

Kurtz Auction & Realty Company

800-264-1204