Real Estate Sold for: $2,599,210
Auction Site: Dixon Community Center, 101 KY 132, Dixon, KY.
Farm #1 – 171.3± Acres
Location: Knoblick Creek Rd. 3 miles south of Poole, KY. 1 mile east of US HWY 41-A 171.3± total acres – 154.63 acres of cropland per FSA. Predominant soil types are Alford, Zanesville, Belknap & Robbs Silt Loam
Farm #2 – 38.8± Acres
Location: 1/4 mile north of farm number 1 38.8 total acres – 35.6 acres of cropland per FSA. Predominate soil types are Belknap and Alford Silt Loam.
Farm #3 – 62.6 ± Acres
Location: HWY 873 5 miles south of Poole, KY. 1 mile east of US HWY 41-A 62.6± total acres – 52.38 acres of cropland per FSA. Predominant soil types are Zanesville, Hosmer, Alford and Sharon Silt Loam.
Farm #4 – 229± Acres
Location: Andy Sisk Rd. From Dixon, KY take US HWY 41-A north 4 miles to Oak Heights Jonestand Rd. turn left and go 1 mile to Guy Clark Rd, then left 2 miles to Andy Sisk Rd., then left and the farm is on the right. 229± total acres – 140 acres in the CRP program until Sept. 30th, 2027 that pays $144.28 per acre - $20,185.00 annually. The remainder is wooded. Predominate soil types are Wellston Silty Clay Loam, Hosmer & Zanesville Silt Loam.
Farm #5 – 13 ± Acres
Location: From US HWY 41-A in Poole, KY, go west 3 miles on the Poole Mill Rd. to the property. 13± total acres – All wooded. Predominate soil types are Frondorf and Hosmer Silt Loam.
NO BUYERS PREMIUM Farms 1,2 & 3 are currently leased for the 2020 crop year. Purchasers of these 3 tracts will receive the landlord’s payment.
10% down at the auction, balance due on or before March 26, 2020. Property taxes for 2020 will be the responsibility of the purchasers. Possession: Tracts 1, 2 and 3 - with deed subject to crop rental agreement for 2020. Tract 4 - with deed subject to CRP agreement through Sept. 30th, 2027. Tract 5 - with deed. Sellers: Dorris R. Melton Heirs