Acre Technology – Kentucky Land Auction Transformed By An 1880 Survey
- November 4, 2015
- Posted by: Myers Jackson
- Category: Americas Auctioneer
Acre Technology – Kentucky Land Auction Transformed By An 1880 Survey
Acreage has been bought and sold for centuries, and the transaction process has maintained that the property is purchased with consideration given. Other means of property transfers happen when a relative gifts property to another or is willed upon a person’s death. No matter the instance, there is always a legal form of transfer that occurs with the script of a deed or the drawing of the parcel of land to describe the property in question, even since the days that Thomas Jefferson and other early surveyors took to the fields, mountains, rivers, and roads to map what we know today as the United States of America. Acre Technology began many years ago with maybe a pencil, protractor, straight edge, and intelligent thought on how to place the visual depiction of a property’s outline on paper. This is so that one could not only see the appearance of the landlines in question but to also claim ownership. So in this post about Acre Technology, we see how a Kentucky land auction is transformed by a survey scripted in 1880. A unique document surfaced during a meeting with the Halsey family of Powell County, Kentucky. They have commissioned this Kentucky land auction to be conducted via the Internet…say what? Yes, acreage is being transformed by technology as each day passes, as it has done for over 200 years.
Acre Technology to Old Surveys
In 1779 and 1780, surveyors were hard at work marking colony state boundaries. Those boundaries in western Tennessee and Kentucky were established from the parallel 36-30’ and were just a short distance from this significant world marker in the remainder of Kentucky, Tennessee, North Carolina, and Virginia, then extending west to Texas and Oklahoma. Precision has defined landlines that are plotted, detailed, and recorded, but not without squabble of course. Many landline disputes have occurred over the years that have resulted in fistfights and even death. Some may think this was a common occurrence in the 1700s and 1800s, but as recent as 1996, a man killed himself and four others in a landline dispute as reported by the LA Times in Sauk Centre, Minnesota. These disputes have been common, starting with the planting of a fence post going all the way to the courthouse. The good thing is that fewer times than not, a good accurate survey settles the difference where landlines may or may not lay.
The Kentucky land auction that will happen in Powell County has the survey from 1880. With no recent survey recorded, the one recorded in 1880 will serve as the basis for the legal description of record. The property will be sold “as is, where is,” according to the legal documents recorded with the Clerk of the Court in Powell County just off Washington Street in the town of Stanton. Washington Street is one of the most used names for a street in American History, named after a surveyor, and yes, of course, the first president of the United States.
Look more into the detailed terms of this Kentucky land auction such as how the proper order of sale will be conducted and the conscript to sell mineral rights with or without the surface rights of the property. This will occur in this particular Kentucky land auction giving landowners as well as mineral companies the right to buy and purchase either. This is what auctioneers refer to as a combination bid, simply an offering made as a whole and the land will be transferred with full ownership of the land surface above and below. The second method of offering will be a separate bid for the surface rights only and then the mineral rights only, which may result in two different individuals or companies owning each. Once again this is not an uncommon practice, as deeded mineral and surface rights are recoded with the clerk as separate entities daily.
Land auctions in Kentucky have prevailed as a viable way to purchase and sell real estate for almost as long as the surveys started being plotted. Technology has been around that long as well; we just looked at these advances in a different mindset. Now acreage meets technology in a whole new and different way to buy and sell property. Bidding via the Internet is a convenient way to purchase land.
The Halsey Farm has been under the same ownership since 1946 with a long-standing relationship between people and property. Many years have been spent farming tobacco, harvesting timber, and hunting the land to provide dinner for the table. After the past 80 years of family ownership, five siblings have decided to sell this property in an online bidding venue at www.ACRE.bid, a true place where acreage meets technology. To make an offer, register, read the terms and conditions, and make your best effort to buy this great piece of property near Stanton in Powell County, Kentucky.
About the Auctioneer: Myers Jackson is a Licensed Kentucky Auctioneer (RP3603) working in cooperation with Mary Anne Simmons of Premier Real Estate and Home Services in Lexington, Kentucky. The auction will be administrated via the Internet at www.ACRE.bid and auctioneers and real estate brokers will be available to answer questions on the bidding procedures. They will be on site December 8th for final inspections and to provide services for those who may not have mobile devices or computers in place to bid. You can submit your offer by faxing your offer to 800-711-9175 or email your written offer to Market@ACRE.bid. The best way to buy the land is to start bidding now and get familiar with the process of how to buy land online. Call toll-free at 844-400-2828 and walk through the process with an experienced online auctioneer.
Acre Technology offers mobile bidding
Tuesday December 8th @ 2:00 P.M. Bid online at www.ACRE.bid
Mountain Acreage, Timber, Farm Land, Creeks, Minerals
Auctioneer’s Hotline 844-400-2828 – that’s 844-400-AUCTION
Mineral Rights: Yes
Utilities: Yes Close
Auctioneers Will Be Onsite / Internet Bidding / APP Bids Ok
Myers Jackson, Auctioneer RP3603, Online auction Administrator
Mary Anne Simmons, Premier Real Estate & Home Services-27245
3320 Clay Mills Road, Lexington, KY 40503 – (859) 983-4663
County: Powell, Near the City of Stanton
Land Area: 500 +/- Acre Mountain Farm Property …
Property Type: Acreage with mountain Views, Creeks, Flats
Building Sq Feet: No Improvements
Water: Multiple Creeks on the Property
Taxes: 661 annually—updated and paid.
- Email Written Offers Market@ACRE.bid
- Fax Written Offers 800-711-9175
- Download the ACRE.BID app for phones
- Auctioneers Toll free 844-400-2828
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