72+/- Acres in Lincoln County - The Gordon Farm - Baker Auctions & Real Estate, LLC

72+/- Acres in Lincoln County - The Gordon Farm

The Gordon Farm.  72+/- Acres in Tracts - Lincoln County.

An Excellent Farm that is fenced and cross-fenced and ready for your cattle operation.  This work on this farm is done, all you have to do is turn out cattle and let them pay for your investment.  Great road frontage and entrance, as well as a good barn and the city water is available.  If you are looking to establish your farming venture or expand the one you have, Here is the opportunity you have been waiting on.

Preview: March 1: 2pm-4pm

Auction Day: Tuesday March 10, Live Onsite at the Farm with Online Bidding Available. 12 Noon eastern time.

3672 KY HWY 198. Hustonville KY

Baker Auctions & Real Estate – Auction Terms & Conditions

Willie Baker – Principal Auctioneer/Broker

Auction Property

The Gordon Farm

3672 KY HWY 198. Hustonville KY

72+/- Acres in Tracts

Auction Date/Time/Location

Live Auction with Simulcast Online Bidding. Multi-Par Auction Method.  Tuesday March 10 @ 12:00 pm Eastern Time.  Live - Offsite at the farm with online bidding available

Registration

Register Online or in Person

Auction Sale Type

Online Pre-bidding and Live Simulcast Bidding Day of Sale.

Buyer’s Premium

A 10% Buyer’s Premium will be added to the high bid and included in the total contract purchase price.  Example: High bid of $100,000.00 plus 10% Buyer’s Premium = $110,000.00 contract purchase price.

Absentee/Phone Bidding

Absentee or Phone Bidding arrangements can be made prior to Auction Day by contacting the Auctioneer, Willie Baker, at 859-319-1520.

Terms of Sale

The successful bidder(s) shall be required to enter into a non-contingent auction agreement and deposit 10% of the contract purchase price in the form of Cash, Certified Funds, or approved personal check immediately following the auction.  The balance of the purchase price shall be paid on or before November 14 2025. This is a Multi-Par Auction consisting of multiple "bidding rounds".  If at any point a bid is recorded on the leader board, those bids may not be rescinded at any time, and are subject to potentially being the final winning bid.

Possession

Possession shall be granted with deed transfer, subject to any existing liens, tenants, or occupants if applicable.

Real Estate Property Taxes

2024 Real Estate Taxes shall be paid by the seller. 2025 Real Estate Taxes shall be paid by the buyer(s).

Insurance

The successful purchaser of the subject property is hereby notified that they may wish to insure their interest in the property to the day of deed transfer, if applicable.

Closing & Title

The Buyer is responsible for hiring their own Attorney to perform title work, prepare closing documents, and execute the closing.  Buyer is responsible for their own Attorney’s fees.  Auctioneer must be notified of closing attorney’s contact information to coordinate the closing.  Closing shall take place on or before 45 days post auction

Property Inspection

Property may be viewed or inspected by appointment or potential buyer convenience. Buyer hereby understands that the seller nor auction company is deemed liable or responsible for any injury or accident while at the property.

Special Notice

This property is being offered “AS – IS, WHERE IS”, and with all faults, with no Warranties expressed or implied of any kind.  Property shall be conveyed with an insurable title by “General Warranty” deed with no liens or encumbrances, other than existing covenants, restrictions, and easements of record.  Bidders should carefully verify all information and make their own decisions as to accuracy thereof before bidding. Buyer should consult with all utility providers concerning availability. The successful bidder today will be required to waive their right to a Lead Based Paint inspection, if applicable. No posted leader board bids may be rescinded at any time during the course of the auction.

Special Condition

A new survey has been conducted by AGE Surveying/Engineering. At closing, BUYER(S) shall be required to pay $100.00 per surveyed acre for their portion of the farm purchase. The survey is for boundary corners only.

THIS IS A NON-CONTINGENT SALE! CASH OR CONVENTIONAL FINANCING ONLY!

If you are financing the property, please be prepared to present a letter of intent to loan from your financial institution.

Bidder’s Acknowledgement

By signing below or registering online, You, as a successful bidder agree to the terms and condition stated herein. This document is part of the non-contingent contract sale to purchase the property.  This is a public offering open to all!  If You, as a participating bidder did not sign the terms and conditions stated herein, it is implied that you are agreeing to the terms and conditions by participating in this auction.

 

Signature:                                                                                Date:                                                  

Bidder’s Name/Phone Number:                                                                                            

Address:                                                                                                                                 

Announcements made day of sale take precedence over any previous advertisements!

3672 KY HWY 198, Hustonville, Kentucky, 40437

Close By April 26, 2026