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1772 Farris Road, Columbia, KY 42728
11 Photos
 
Previously Listed By  
Burton Real Estate & Auction Service
Office: 270-384-3433
Cell: 270-634-1417
 
$935,000 Sold Price
Sold on 07/26/2019
3 Beds
1 Baths
1380 Sq. Ft.
Built In 68
 
Listing ID 10576444
Property Type Farm/Estate
County Adair
Neighborhood Coburg Community
Associated Documents
DOCUMENT
 

Highly Productive Farmland w/Residence & Farm Structures

Highly productive farmland located in South Central Ky. Farm is signed in the CRP/CREP program with 5 years remaining & remaining payments to go to the purchaser. CRP payments are $48,000.00+ per year. Property also has a cell tower lease paying approx. $5,700.00 per year w/5 year increases & approx. 20 years remaining on 30 yr. lease with remaining payments going to purchaser. Farm has Feed barn, calf barn, tobacco barn, 4 grain bins, old milk parlor, tool shed, combination barn, detached garage/shop, 2 spring fed ponds, creek, 3 cattle waterers (2 spring fed & 1 on county water), Approx. 250 acres is tillable, approx. 70 acres hill and pasture with remaining wooded. This would also be a great investment with over 2 miles of road frontage. With the CRP & tower lease payments, you could realize a greater return than current bank interest.
Great investment property with CRP/CREP income for 5 more years and tower lease payments for 20 years. Highly productive farmland or could be subdivided with over 2 miles of road frontage.
Property Details
  • 3 Total Bedrooms
  • 1 Full Bath
  • 1380 Sq. Ft.
  • 345.00 Acres
  • Built in 68
  • Renovated 2016
  • 1 Story
  • Available 02/07/2019
  • Ranch Style
  • Full Basement
  • Lower Level: Unfinished
  • Renovation: New Paint, new plumbing, some new floor covering
Interior Features
  • Eat-In Kitchen
  • Other Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Carpet Flooring
  • Vinyl Flooring
  • Laminate Flooring
  • Living Room
  • Dining Room
  • First Floor Bathroom
  • Wood Stove
  • Baseboard
  • Electric Fuel
  • Wall/Window A/C
Exterior Features
  • Frame Construction
  • Brick Siding
  • Vinyl Siding
  • Asphalt Shingles Roof
  • Attached Garage
  • Municipal Water
  • Private Septic Sewer
  • Subdivision: No
  • Barn
  • Shed
  • Workshop
  • Creek Waterfront
Previously Listed By
Burton Real Estate & Auction Service
Office: 270-384-3433
Cell: 270-634-1417
Listing data is deemed reliable but is NOT guaranteed accurate.
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