AUCTION

Riding Arena on 7.5 Acres

Rineyville , Hardin County , Kentucky

7.50
ACRES

0
BEDROOMS

1
BATH

19500
SQ FT

covered arena • hay barn • fenced • 1 barn with 5 stalls • 5 Run-in stalls

Property description

THIS SATURDAY!

ABSOLUTE & RESERVE AUCTION
Saturday, June 29th, 10:00 AM EDT
4 BR 4.5 BA BED & BREAKFAST - ABSOLUTE
140 +/- Acres In Tracts – ABSOLUTE
OFFICE & SHOP BUILDINGS on 7 Acres – WITH RESERVE
RIDING ARENA on 7.5 Acres – WITH RESERVE
KY-220, Thompson Rd, & Osborne Lane, Rineyville

Premier Equestrian Facility Situated on 7.5 acres: Your Dream Riding Destination Awaits! With a sprawling 19,500 sq ft layout, this exceptional horse haven offers everything you need for optimal comfort and convenience. The center arena serves as the heart of the facility, equipped with a state-of-the-art sound system, natural gas lines for heaters, and two 'Big Ass' ceiling fans, ensuring an ideal riding environment year-round. On the left side, discover a versatile space featuring a sliding door, concrete floor, water spigot, and camper hookup with sewer access. Complete with a bathroom, storage area, and convenient access to the center arena, this section is perfect for various activities and storage needs. Meanwhile, the right side boasts five horse stalls with heated automatic waterers and individual paddock access, alongside ample sliding doors, a front sliding door, and a man entry door for easy maneuverability. With 400 amp electric service, a metal exterior and roof, and ample graveled areas for parking or trailer turnaround, this facility sets the standard for excellence in equestrian accommodations. Don't miss this opportunity to elevate your riding experience – schedule your viewing today!

TERMS: A 10% buyer's premium will be added to the winning bid to determine the final sale price. Auction will conducted live, on site on June 29th, 2024 at 10:00 AM EDT. Auction will be live streamed on YouTube and phone bidding will be available. Anyone wishing to bid by phone must preregister no later than 5:00 PM EDT on Thursday, June 27th, 2024. Phone bidders will be required to leave a deposit in the form of a cashier’s check in the amount of the required deposit on the tract(s) they wish to bid on. In the event the phone bidder wins the bid, the check will be deposited into Hodges Auction’s escrow account and applied to the total purchase price at closing. Good faith deposit will be due from the winning bidder of each parcel as follows:
- Lot 1A - $25,000
- Lot 2A - $25,000
- Lot 3 - $50,000
- Lots 4, 5, 6, 7, 8 & Cottonwood 36 - $5,000/each
- Acreage Tracts A, B, C, D, E - $10,000/each
The good faith deposit will be deposited into Hodges Auction’s escrow account and held until closing, at which time a check from the escrow account will be issued and credited to buyer as directed by the closing company. Property taxes will be prorated to the date of deed. Possession on tracts as follows:
- Lot 1A - Bed and Breakfast, 2.2 acres – 30 Days from Date of Deed
- Lot 2A - Office and other buildings, 5.4 acres – 30 Days from Date of Deed
- Lot 3 - Riding arena, 7.4 acres – 30 Days from Date of Deed
- Lots 4, 5, 6, 7, 8 - 12.9 total acres – With Deed
- Tracts A, B, C, D, E - 127.7 total acres – With Deed, there is a current cattle pasture lease on the acreage effective through December 31st, 2024.
- Lot 36 of Cottonwood Estates – With Deed

Inspection of the property may be performed by prospective bidders prior to the auction. Shown by appointment only. Information is derived from Surveys, PVA, County Clerk, or other public source information and is not guaranteed by Hodges Auction Company. Property sells as is with no guarantees by the seller or Hodges Auction Company.