FHRA, Inc. Terms & Conditions

Bidding & Registration
-By registering online or in person, you agree to all auction terms outlined in the Contract and Addenda.
-You must register with FHRA, receive a Bidder�s Card, and read the terms before bidding.
-Placing a bid confirms you have read and accepted all terms and conditions.

Payment Terms
-A 20% down payment is required on the day of sale.
-No buyer�s premium will be added.
-No broker-to-broker compensation is offered.

Bidder Responsibilities
-All information provided to FHRA must be accurate.
-FHRA staff, agents, and auctioneers may bid if registered and subject to the same terms.

Property & Inspection
-FHRA and its agents represent the seller only.
-Properties are not inspected for you�conduct your own due diligence.
-Do not bid unless you have personally inspected the property.
The Millerstown Rd property has a 2025 survey.
The Oak Grove Rd property has a recorded survey.

Surface & Subsurface Rights
-Unless otherwise stated in the Contract or Auction Day Notes, the sale includes only surface rights. Subsurface rights, including mineral, oil, and gas rights, may be excluded and retained by the seller or third parties.
-Buyers are responsible for verifying the status of all rights prior to bidding. FHRA makes no guarantees regarding ownership or transfer of subsurface rights.

Liability & Risk
-You inspect and attend properties at your own risk.
-FHRA, sellers, agents, and employees are not liable for accidents, injuries, or property defects.
-All attendees agree to defend and indemnify FHRA and sellers from any claims.

Property Information Disclaimer
-All property data (size, acreage, dimensions) is approximate and based on public records or surveys.
-FHRA and sellers believe the information is accurate but do not guarantee it.
-Bidders should rely on their own inspections�not on representations made by sellers or agents.
-Property details may change without notice.

Closing & Deposit
-The winning bidder must pay a 20% deposit by personal check or certified funds.
-The remaining balance is due at closing by certified funds only.
-Closing must occur within 30 days of the auction date.
-If financing is denied or the buyer fails to close�unless due to title issues or seller default�the 20% deposit is non-refundable.
-Buyers and sellers will each pay their share of attorney closing costs.
-Seller will pay 2025 property taxes.
-Possession will be granted upon transfer of deed at closing.
-Crops for the 2025 season do not transfer to the buyer.

Legal Terms
-All parties agree to hold FHRA harmless from legal claims resulting from negligence.
-Any legal disputes must be filed in Grayson County Courts.

Final Sale Conditions
-All sales are final, non-contingent, and sold �AS IS, WHERE IS� with no warranties.
-Property is sold �AS IS, WHERE IS, WITH ALL FAULTS.�
-Announcements made on auction day override any previously published or online materials.

Paul Gibson Estate - Real Estate Auction 

Auction Date: September 27, 2025 @ 10 am Central Time 

Property Preview: September 13 & 20  from 10 pm to 4 pm CT
Property 1 Location: 8812 Millerstown Rd, Clarkson KY 42726

Property 2 Location: 857 Oak Grove Road, Clarkson KY 42726

Auction Location: The William Walker Building @ 718 Old Leitchfield Road, Clarkson KY 42726

Seller: The Estate of Paul Gibson
Plat is to be recorded with the first closing.

 

 

FHRA, Inc. Realtors-Auctioneers present an absolute auction of 275± acres in 32 tracts, including 3 homes and 4 barns. The land features both row crops and pasture, with soybeans planted for 2025.

Property Location 1: 8812 Millerstown Rd, Clarkson, KY 42726

Main Home – 3 Bed, 2 Bath (2,662 sq.ft.) Built circa 1909 and remodeled in 1987. Located on 8 acres, this home offers hardwood floors, central heat/air, carport, outbuilding, and a quiet setting off the main road. Primary bed/bath on the main level; 2 bedrooms and bonus room upstairs.

Second Home – 2 Bed, 1 Bath Older but well-maintained. Includes bonus room upstairs, central heat/air, wall heaters, and sits on 1.9 acres.

Third Home – 2 Bed, 1 Bath Former grocery store converted to a residence. Fair condition with some issues. Suitable as a rental or temporary home while building on the 2.7-acre lot.

Property Location 2: 857 Oak Grove Rd, Clarkson, KY 42726

13.29 acres offered in 4 tracts Level, fertile land with soybeans planted for 2025. Ideal for a mini farm or multiple home sites.

All properties will sell to the highest bidder, regardless of price.

Contact: Patrick Willis (Listing Broker-Auctioneer) – 270-589-1795 John Glenn – 270-287-1480 Zachery Willis – 270-446-9579

Tract List: 

Millerstown Rd Division 262.13 +/- Total Acres

Tract 1 (18.7+/- ac) - Tillable land (Currently in Soy Beans) with approx. 1 acre wooded 

Tract 2 (24.8+/- ac) - Tillable land (Currently in Soy Beans) with approx. 1.5 acre wooded

Tract 3 (2.0+/- ac) - Tillable land (Currently in Soy Beans) 

Tract 4 (16.2+/- ac) - Tillable land (Currently in Soy Beans) with approx. 1.5 acre wooded

Tract 5 (8.5+/- ac) - Tillable land with approx. 2 acres wooded

Tract 6 (4.8+/- ac) - Tillable land with approx. .5 acre wooded

Tract 7 (2.1+/- ac) - Tillable land (Currently in Soy Beans)

Tract 8 (3.0+/- ac) - Tillable land (Currently in Soy Beans)

Tract 9 (3.5+/- ac) - Tillable land, Open

Tract 10 (3.5+/- ac) - Tillable land approx. 1 acre wooded

Tract 11 (3.7+/- ac) - Tillable land approx. 1.5 acres wooded

Tract 12 (2.7+/- ac) - Tillable land approx. 1.5 acres wooded

Tract 13 (4.7+/- ac) - Tillable land approx. 2.5 acres wooded. Old barn remains

Tract 14 (2.0+/- ac) - Tillable land approx. 1 acre wooded

Tract 15 (4.1+/- ac) - Tillable land approx. .2 acres wooded

Tract 16 (3.1+/- ac) - Tillable land

Tract 17 (16.1+/- ac) - Tillable land approx. 8 acres wooded

Tract 18 (31.3+/- ac) - Barns on lot, Tillable land approx. 20 acres open, approx. 11 wooded

Tract 19 (8.0+/- ac) - House on lot, all open except house.

Tract 20 (2.7+/- ac) - House on lot

Tract 21 (1.9+/- ac) - House on lot

Tract 22 (26.2+/- ac) - Tillable land approx. 15 acres. Approx. 11 wooded

Tract 23 (33.0+/- ac) - Tillable land, 23 open. Approx. 10 wooded

Tract 24 (2.0+/- ac) - Building lot

Tract 25 (2.0+/- ac) - Building lot

Tract 26 (2.0+/- ac) - Building lot

Tract 27 (2.0+/- ac) - Building lot

Tract 28 (27.5+/- ac) Tillable Land with 

Oak Grove Rd Division 13.29 Acres

Tract 28 (27.5+/- ac) - Approx. 17 open. Approx. 10 wooded

Tract 29 (4.78+/- ac) - Open

Tract 30 (3.19+/- ac) - Open

Tract 31 (2.86+/- ac) - Open, 1% wooded

Tract 32 (2.46+/- ac) - Open, 1% wooded