Looking Advice on Farm Purchase

What Ky county are you hunting now?--Mike

 

Woodward place?

 

I am co owner of a piece of property in East Central Ky. 95+/- acres. Approx 27 tillable acre, remaining hardwoods, double wide home in very good shape, city water,septic, 40x80’ Amish built metal pole barn that we may be listing in near future. I’m wondering what the value would be? I’m out of state but seems prices have gone up substantially as of late.

 

No clue, but I'd say you are looking at some capital gain tax liability !!! Not a bad problem to have !

 

Henry or shelby county. Oldham if your a millionaire LOL.

 

Parts of Shelby and even parts of Henry are nearly as high as Oldham. The best part of Henry for hunting is being bought up by the Amish as I said earlier.

 

I know a guy who sold 11 acres in Henry for 70k and that was probably 5-6 years ago. I worked in Shelbyville for 4 years and often looked at land. Very expensive.

 

Ideally, you want to have as few neighbors as possible. Google Earth is your best first visit with the neighbors.

G

 

OnX is another good tool to have