230.5 ACRES NORTHERN KENTUCKY FARM OR HUNTING LAND

Thursday September 14 @ 7:01PM - Auction Location: Comfort Inn & Suites 775 Petersburg Rd Hebron, KY 41048 Property Location: Petersburg Rd., Petersburg, KY 41080 (1.5 mile past the Creation Museum on Rt. 20)
The auction will be conducted at the Airport Comfort Inn and Suites, 775 Petersburg Rd., Hebron, KY 41048 on Thursday September 14, 2017 beginning at 7:01PM. All bidders must register w/ photo ID and obtain a bidding number at the auction site prior to bidding. Registration begins at 6:00 PM on day of auction.

230.5 acres of beautiful rolling land with cleared and wooded terrain is accessed by a shared and recorded easement. The farm is well located in the Boone County School District. There are approximately 65 acres cleared with 165 acres in heavy woods. The farm would be a perfect place to build your dream home, hunting lodge/cabin, or horse farm with riding trails. Owner indicates abundant deer, wild turkey, rabbits, quail, etc.

According to the Boone County PVA website, the farm has a taxable value of $1,172,000 with annual taxes of $597.00. PID # 007.00-00-008.02.

Directions to farm: I-275 to Exit #11 south 2.5 miles on highway 3068 which becomes Rt. 20. Entry is across from Ashby Fork Rd @ driveway to 5196 Petersburg Rd.

Inspection: Anytime at your convenience

Anthony Giglio, Broker 513-505-5222

Mark Euton, Auctioneer KAL#RP7150








Terms & Conditions:

Auction Terms and Conditions

Real Estate Auction: The auction will be conducted at the Airport Comfort Inn and Suites, 775 Petersburg Rd., Hebron, KY 41048 on Thursday September 14, 2017 beginning at 7:01PM.  All bidders must register w/ photo ID and obtain a bidding number at the auction site prior to bidding. Inspection and registration begins at 6:00 PM on day of auction.

Purchaser Deposit: The purchaser(s) will be required to deposit 10% of the purchase amount as a down payment by personal or corporate check and sign a Contract to Purchase immediately after being declared the high bidder. The purchaser(s) shall also sign the provided personal demand note for the amount of the purchase price to secure the contact to purchase. 

Taxes and Deed: Real Estate taxes will be pro-rated to the date of closing. Property is selling free and clear with insurable title and General Warranty Deed.

Terms:  The property is being sold in as is, where is, with all faults condition.  PURCHASER WILL BE RELYING ONLY ON THEIR OWN INSPECTION OF THE PROPERTY and not on any disclosures, representations, or warranties expressed or implied and made by Broker or Seller.

Closings/Possession:  The closing must take place on or before October 13, 2017. The real estate is selling free and clear of any and all liens. Buyer shall receive insurable title and can purchase title insurance if desired.  Possession will be given to the purchaser at closing.

Buyers Premium:  A ten percent buyers premium will be added to the high bid amount(s) to determine the final contract selling prices(s) to be paid by the buyer.

Agency:  Asset Realty Advisors, Inc. is acting exclusively as agent for the seller.

Buyer Broker/Agent Co-Op Commission:  A 2% buyer broker/agent commission is offered to active licensed Kentucky real estate brokers/agents.  Brokers/Agents must register their client with auction firm on auction firm approved forms, no later than 12:00 Noon on Wednesday September 13, 2017.

Note:  Information contained in this brochure and the Property Information Packet was obtained by sources deemed reliable.  However, neither Asset Realty Advisors. nor their agents will be responsible for any errors or omissions in information provided by same.  Property is subject to addition, deletion, and prior sale. Announcements made at the auction will take precedence over written material or any other oral statements made prior to the auction.  Buyers should carefully verify all items and make their own decision as to the accuracy thereof before relying on same.





Contract to Purchase at Public Auction Click to Download
DEMAND NOTE-Adams Farm Click to Download
ARA Residential RE coop Click to Download
Deed Click to Download
Easement Map Click to Download
Farm Map Click to Download
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