Archive: ABSOLUTE REAL ESTATE AUCTION
Conducted: April 17, 2016 2:00 PM EDT
Location: Sells Onsite:
131 Highway 465
Sparta, KY 41086
Highlights:

79 ACRE GALLATIN COUNTY (KY) FARM
FANTASTIC PURCHASING or DEVELOPMENT OPPORTUNITY

Notes:

Beautiful rolling land farm located approximately mile from Kentucky Speedway. This 78.8 acre farm at the intersection of KY 35 and KY 465 W has no zoning and contains a combined total of approximately 1 mile of road frontage with about mile on KY 35 and mile on KY 465. The farm is currently divided into 2 parcels a 10.27 acre parcel with the house & barn and a 68.8 acre parcel of vacant land w/ a barn.

Parcel #1 - The 1 story frame and brick home was built in 1865 on a stone foundation and contains approximately 2,030sf of living space divided into 3 bedrooms with 2 full bathrooms, living room, kitchen, and 3 fireplaces. It is serviced by water and electricity with a septic system. Heating is by propane fed forced air furnace with central air. According to the PVA, annual taxes are $ 1,403.42 based on a Fair Cash Value (FCV) of $158,100. MAP # 011-01.

Parcel #2 contains 68.8 acres by survey and is improved with a 48x60 wood barn. The land is mostly cleared and is rolling. According to the PVA, annual taxes are $231.51based on a Fair Cash Value (FCV) of $160,000. MAP # 011-01.02.

Both tracts will be first offered individually and then in combination using our Infinity Bidding System. Property sells whichever way produces the highest total for ownership.

Properties will sell to the highest bidder(s)
No Minimum No Reserve - No Required Starting Bid

PROPERTY INFORMATION PACKET


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