ABSOLUTE LAND AUCTION
2563 State Route 58 | Mayfield, KY 42066
Thursday, March 26th | 6:00 PM
Auction Held At: Harris Auctions Facility
Harris Real Estate & Auction is proud to offer 121± acres located on State Route 58 in the Wingo community of Graves County, Kentucky. This property will be offered in 3 tracts and combinations, allowing buyers the flexibility to purchase individual tracts or the property in its entirety.
Located in the Wingo community just outside Mayfield, this farm presents excellent opportunities for recreational use, farming, and hunting. The combination of open ground and natural areas creates strong potential for row crop production, investment, or outdoor enjoyment. Buyers are encouraged to inspect the property and cruise the timber to fully evaluate its value and potential.
TRACTS
Tract 1 – 46.13 Acres
Tract 2 – 39.91 Acres
Tract 3 – 39.86 Acres
TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 3 tracts and combinations.
BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.
DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
CLOSING: Closing shall take place on or before 30 days from auction date.
REAL ESTATE TAXES: All 2026 ad valorem taxes will be prorated at closing
SURVEY: Property selling by new survey buyer & seller shall split cost 50/50 in the amount of $13.23 per surveyed acre. Total Survey cost is $3,200.00
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.