Agricultural & Residential Land for Sale in Franklin, Kentucky

The 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.