Absolute Estate Auction
Salem Church Rd
Hodgenville, KY
Date: Saturday, July 21, 2018
Time: 10:00 am
Directions:
From The Square in Down Town Hodgenville take Hwy 31 E (Bardstown Rd) Towards Bardstown. Then make a Left onto Salem Church Rd go approx. 3 Miles and the Property will be on the right behind Salem Christian Church
Real Estate:
On Saturday July 21st Lewis Auction will be offering 332 Acres with Marketable Timber to the Highest Bidder. This is a once in a Lifetime opportunity to purchase this much Land in a Single Tract.
Download Plat 1 |
Download Plat 2 |
Download Plat 3
Timber Appraisal:
Sawtimber Species Total Volume (Doyle Scale)
**Red Oak 126,000 bd ft
Hickory 113,000 bd ft
Yellow Poplar 100,000 bd ft
White Oak 69,000 bd ft
Beech 51,000 bd ft
White Ash 38,000 bd ft
Red Maple 33,000 bd ft
Sycamore 26,000 bd ft
Sugar Maple 19,000 bd ft
Chestnut Oak 13,000 bd ft
***Minor Species 19,000 bd ft
Sub Total 607,000 bd ft
PULPWOOD
Virginia Pine 350 tons
Red Cedar 300 tons
**Red Oak species consists primarily of Black Oak, with lesser amounts of Northern Red Oak, Scarlet Oak, Shumard Oak, and Southern Red Oak.
***Minor species includes primarily Black Gum, Buckeye, Sweet gum, and a small amounts of Black Cherry and Black Walnut.
Terms: Real Estate:
Real Estate: 10% down day of sale with cash or good check day of the auction and balance with deed within 30 days. 2018 property taxes will be prorated between the buyer and the seller, procession with deed. Potential buyers may conduct any inspections prior to the auction. Waiver of inspections will be used at the auction. 10% Buyers premium will be added to the bid price to determine the sales price
