Maynard Rd/Antle Rd/Hwy 1058, Jamestown, KY 42629 - Russell County

UNION CHAPEL AREA & NEAR HELMS LANDING BOAT RAMP!

Only Minutes to Lake Cumberland & Cumberland River!

LAND & TIMBER - ABSOLUTE AUCTION

LIVE ON THE FARM

SATURDAY, October 1st at 10 A.M. CDT

No Minimums! No Reserves! Everything Sells Regardless of Price!

3 RUSSELL COUNTY FARMS (Land Only on Farm #1) (Land & Timber BOTH being offered on Farm #2), Plus Additional Boundary of Timber Only (Farm #3) being offered.

270 TOTAL ACRES, m/l, of LAND AND TIMBER + ADDITIONAL 64 ACRES, m/l, (FARM #3) OF TIMBER ONLY. (New Survey in Progress).

Property offered in 10 TRACTS & ANY Combinations using Golden Rule - Wilsons Multiparcel Selling System. Plus, the Larger Timber to be offered separately on each tract on Farm #2 & in combinations as well.

Property Offers Natural Beauty, Excellent Hunting Opportunities and Many Parcels within easy Walking Distance to Helms Landing on the Beautiful Cumberland River. This property has beautiful mountain views, secluded hollows, flowing streams, creeks & waterfalls, 2 older barns & hunting cabin!

1 TRACT WITH OIL WELL & EQUIPMENT. (New owner will have rights to pump).

1 TRACT WITH HAND PUMP WATER WELL.

Auction Held for Marianne Guffey and also known as the Late Arlis MacArthur Guffey Property

Location: Southern Russell County, KY - Maynard Rd / Antle Road / Temple Hill Rd - Just off Hwy 1058 & Hwy 379 in Jamestown, KY (Union Chapel / Helm's Landing Area).

AUCTION HEADQUARTERS: 925 KY 1058 Jamestown, KY

Smaller Lots and Acreages are located on Antle Road near the Old Union Chapel School. Larger Tracts are accessed off Maynard Rd. (Off Hwy 55 / Hwy 1058) and Temple Hill Road (Near Helms Landing). Auction Banners Posted.

Commercial Timber: Offered separately on each tract on Farm #2 & Farm #3 and also in combinations during the auction process. The larger trees only (down to a 12 inch cut) will be offered. Timber smaller than this will remain with the property. If someone wants to purchase the land and wants the commercial timber to stay with it, you may do so in combination.

Farm #1:

7.90 Acres, m/l, fronting Hwy 1058 & Antle Rd!

Offered in 4 Tracts & Any Combinations!

Tract #1: 2.70 Acres, m/l, w/ Historic School House.

Tract #2: 1.70 Acres, m/l, w/ Stream.

Tract #3: 1.80 Acres, m/l, w/ Oil Well, Pump & Equipment to be transferred to purchaser.

Tract #4: 1.70 Acres, m/l, w/ Former Mobile Home Hookup, Tool Shed & Barn.

Farm #2:

262 Acres, m/l, fronting Maynard Rd (blacktop, electric & water) on the North & access to Temple Hill Rd to the South!

Offered in 5 Tracts & Any Combinations! Commercial Timber on each Tract will be offered separately on Farm #2!

Great Hunting, Wildlife Refuge, Nice Cabin/Homesites, & Within Walking Distance to Helms Landing Boat Ramp!

Tract #5: 88 Acres, m/l, fronting Maynard Rd. Beautiful homesites, also has several cleared acres having cropland, hay ground & partially fenced. Unbelievable MOUNTAIN VIEW in the back field.

Tract #6: 106.90 Acres, m/l, fronting Maynard Rd. Beautiful homesite near roadway, mostly wooded, streams, waterfalls & more!

Tract #7: 29.30 Acres, m/l, w/ 30 ft. access easement from Temple Hill Rd, within walking distance to Helms Landing Boat Ramp.

Tract #8: 18.70 Acres, m/l, w/ 30 ft. access easement from Temple Hill Rd, within walking distance to Helms Landing Boat Ramp.

Tract #9: 19.50 Acres, m/l, w/ 30 ft. access easement from Temple Hill Rd, within walking distance to Helms Landing Boat Ramp. Property has 1 room metal hunting cabin w/electric & 2 barns.

Farm #3 will be known as Tract #10 (TIMBER ONLY FARM) during the auction process!

64 Acres, m/l, at the very end of Antle Rd!

Commercial Timber only (no land) on this farm offered in 1 tract!

Surveyor estimates approx. 50 Acres, +/-, of this farm is in timber.

THIS TIMBER HAS NOT BEEN CUT IN MANY, MANY YEARS - SINCE THE GUFFEY'S HAVE OWNED IT. IT DOES VARY IN DIFFERENT AREAS, BUT IT HAS SOME REALLY NICE TIMBER, INCLUDING WHITE OAK, BLACK OAK, RED OAK, HARD MAPLE, POPLAR, SOME WALNUT AND A VARIETY OF OTHER HARDWOODS!!!

Commercial Timber will be offered separately on Farm #2 (each tract) & Farm #3 and also in combinations during the auction process.Per the surveyor, there is Approx. 222 Acres, +/-, of Timber on Farm #2 and Approx. 50 Acres, +/-, of Timber on Farm #3.

The larger trees only (down to a 12 inch cut) will be offered. Timber smaller than this will remain with the property. 1 year removal. Standard timber contract.

MANNER OF SALE: Tracts of land & timber will be auctioned on an individual basis & then in any combinations using Golden Rule-Wilsons Computerized Multi-Parcel Selling System allowing anyone to bid on any tract or combination of tracts at any time. This allows bidders to make or break a combination, ultimately allowing purchasers to bid only on the tract / tracts they want and allowing individual tract bidders the ability to defend their bids!

TERMS: Real Estate: Non-refundable 10% down day of sale & balance with deed on or before 30 days. No contingencies. A ten percent buyers premium will be added to the final bid to determine the final sales price. No sales tax. Timber Terms: Non-refundable 10% down day of sale with signing of standard timber contract & balance on or before 30 days allowing 1 year for removal of timber down to a 12 inch cut at the stump (to be measured 12 inches above the ground). A 10% buyers premium will be added to the final bids to determine final sales price.

AUCTIONEERS NOTE: Don't miss this once in a lifetime opportunity! These farms offer some hard-to-find acreage in the Lake Cumberland / Cumberland River area!