Agricultural & Residential Land for Auction in Franklin, Kentucky

PRIME SIMPSON COUNTY CROPLAND 687 Sulphur Springs Church Road, Franklin, KY 42134Saturday, April 25 @ 10:00 AM CDTLive On-Site Auction100+/- Acres of Productive Cropland, Farmstead & Residential Building LotsProperty Offered in 7 Tracts, Combinations and It’s EntiretyJames V. Roberts Homestead, Est. 1945A Rare Opportunity to Buy Productive Land, Improvements and Premium HomesitesThe auction event features an upcoming public land auction offering a rare combination of working and productive cropland, income potential and buildable rural residential homesites. The cropland includes 100+/- acres of high-quality tillable farmland that is predominately Mountview silt loam and Baxter gravelly silt loam soils. The older frame home is part of the farmstead along with two barns and two grain bins. There will be four 1-acre building lots with 150’ road frontages to allow design plans to accommodate side entry garages and/or circular driveways adding improved homesite privacy and separation. Also an additional 5.01 acre residential building lot will be offered separately as tract # 7 and is located at 1005 Tuck Road Franklin, Kentucky 42134.Whether you are expanding your farming operation or investing in quality land located on the west side of Simpson County (Neosheo Community) or seeking rural building sites, this auction presents multiple opportunities in one offering. The land has not been leased or planted for the upcoming season (the 2025 crop was soybeans), providing the new purchasers ample time to make preparations. With the auction day deposit, the sellers will grant the purchasers access to the property for planting purposes prior to closing with exception of approximately 15 acres on the western portion that is currently in wheat and will be retained until the spring harvest.Tract # 1: 40.53 Acres Prime Tillable Cropland, 194’ Road Frontage.Tract # 2: 50.47 Acres Prime Cropland, Single Story House, 60’ x 54’ Barn & 50’ x 50’ Barn, 2-Grain Bins, 131’ Road Frontage.Tract # 3: 1.00 Acre Building Site, 150’ Road Frontage.Tract # 4: 1.00 Acre Building Site, 150’ Road Frontage. Tract # 5: 1.00 Acre Building Site, 150’ Road Frontage.Tract # 6: 1.00 Acre Building Site, 150’ Road Frontage. Tract # 7: 5.01 Acre Building Site, 187’ Road Frontage on Tuck Road. This is a stand alone tract and will not be combined with the main farm.TERMS & CONDITIONS: Real estate will be selling “As Is” and is not contingent upon financing, appraisal or post sale inspections. We encourage your personal due diligence and inspections, prior to bidding. A ten (10%) percent non-refundable down payment is required on sale day w/ balance due on or before Tuesday, May 26, 2026. A seven (7%) buyers premium will be added to the final bid price to establish the real estate sales and purchase contract selling price. The property will be offered in tracts, combinations and its entirety using the Multi-Par Bidding Process. Deed restrictions for the building tracts will be 1.600 sq ft minimum living space and must be stick built homes, no modular or mobile homes. Real estate taxes for 2026 will be prorated as of closing w/ possession of cropland to be granted once the down payment has been made to allow purchasers access to the property for the purpose of making preparations and planting a crop, at the purchasers risk, prior to closing. Possession of building lots will be upon closings. Any home built prior to 1978 could contain lead based paint or hazards. Purchaser will be required to sign lead base paint /hazards waiver at the signing of the purchase contract. Announcements made day of sale take precedence.