Sprowles Estate Farm Auction

Auction SAT., NOV., 22, 2025 - 10:00 A.M. Gertrude Sprowles Estate & The Late Winfred Sprowles 60 +/- ACRES - 8 TRACTS / 245,000 BD. FT OF TIMBER Open Land - Wood Land - Farm Land - Home Sites - Brick House - Barns 778 Sprowles Ridge Road, Finley, KY - Auction Signs Posted The price published does NOT indicate an asking price for the property, but is an estimate required for MLS posting. The property will sell to the highest bidder at the auction. This Is A Live Real Estate Auction Conducted On Site, Saturday November 22, 2025, at 10:00 A.M. There is NO broker participation or coop offered. LAND & TIMBER OFFERED SEPARATE & TOGETHER IN A MULTI PAR AUCTION LAND: 60 +/- ACRES SELLING IN 8 TRACTS WITH THE RIGHT RESERVED TO GROUP. TIMBER : 245,000 +/- BOARD FEET OF MARKETABLE TIMBER SELLING IN 5 TRACTS WITH THE RIGHT RESERVED TO GROUP BUY 1 TRACT, COMBINATION OF TRACTS OR AS A WHOLE USING OUR COMPUTER RUN MULTI-PAR SYSTEM The Sprowles Farm: 60 +/- acres (new survey underway) fronting on both sides of Sprowles Ridge Road. This farm consists of both open land and wood land with marketable timber. Improvements consist of: (1) A brick ranch house containing 3 bedrooms, bath, living room, den, kitchen and dining area plus a walkout unfinished basement. The house also has central heat and air, hardwood, carpet and vinyl floor coverings along with an attached covered patio. (2) A metal sided detached garage . (3) A metal sided building . (4) A metal sided barn. (5) A metal sided tobacco barn. (6) A metal sided tobacco barn. Tract #1: 1.70 +/- acres includes the house (1) listed above and the detached garage (2) and the buildings (3) listed above. Tract #2: 3.40 +/- acres, mostly open land with some scattered woods. No improvements. Tract #3: 11.50 +/- acres, includes open land and wood land with some marketable timber. Tract #4: 5.50 +/- acres, includes open land and wood land with some marketable timber. This tract has 3 barns (4-5-6) listed above and it has 4 ponds. Nice home site. Tract #5: 5.00 +/- acres, includes open land and wood land with some marketable timber. No improvements and a nice home site. Tract #6: 16.40 +/- acres, mostly wooded with some marketable timber. No improvements. Tract #7: 5.50 +/- acres, includes open land and wood land and a pond. Tract #8: 8.50 +/- acres, includes open land and wood land with some marketable timber. Inspection: The land and timber can be inspected daily at your leisure. Plats, timber cruises and additional pictures are available at our office, the farm or online. The house can be shown daily by appointment with the auctioneers or attend Open Inspection, Thursday November 13 from 10 AM to 11:30 PM. Timber: The Sprowles farm (entire farm) contains approximately 245,000 board feet of marketable timber. The timber on Tracts #3, #4, #5, #6 & #8 will be offered separately. The timber cruise includes all timber 16" at the stump and above, figured at 6" from the ground. Removal of the timber will be on or before 12 months from the signing of a timber contract. We invite and welcome you to make your own personal cruise of the timber. Terms: RE: 10% of purchase price day of auction (a personal check with ID, cash, or cashier check), along with the signing of a Real Estate Purchase Contract. The balance due with delivery of deed on or before January 6, 2026. Timber: 10% of purchase price day of auction (a personal check with ID, cash, or cashier check), along with the signing of a Timber Purchase Contract. The balance due with delivery and signing of a recordable timber contract on or before December 10, 2025. Note: A 10% Buyers Premium will be added to all winning bids on the real estate, timber to determine the final sales and purchase price. ALL BUYERS NOT KNOWN BY THE AUCTIONEERS MUST HAVE A BANK LETTER OF GUARANTEE OR CERTIFIED FUNDS.