Major Farm and Land Absolute Auction – 277 Acres in Five Parcels in Shelbyville, Kentucky

Lloyd Eades Estate

Saturday, August 22, 2026, at 11:00 AM Eastern Time

Location: 6995 LaGrange Road, Shelbyville, KY 40065

A remarkable Kentucky farm and land opportunity is coming to auction! The Lloyd Eades Estate presents approximately 277 acres in Shelbyville, Kentucky, offered in five individual parcels with options for buyers to combine tracts to create the property that best fits their goals.

This major farm and land absolute auction offers something for a wide range of buyers. Whether you are searching for productive crop ground, hay land, a rural homesite, a quality country home, or a larger agricultural investment, this auction provides several opportunities to consider.

 

The five parcels include a 78-acre farm with a modular tenant home and farm buildings, a custom-built home on five acres, a 179-acre crop farm, and two additional building sites measuring six and eight acres. Buyers can bid on individual parcels or explore combinations through the Ultimate Choice Method.

With a total of approximately 277 acres, multiple road access points, existing homes, barns, and agricultural land, this auction gives buyers the flexibility to pursue a variety of property goals.

All parcels will sell as is. Buyers should review the auction terms, inspect the properties, and understand the buyer’s premium and deposit requirements before bidding.

Major Absolute Auction in Shelbyville, Kentucky

The Lloyd Eades Estate auction brings together five parcels in a desirable rural setting near Shelbyville, Kentucky.

The auction location is 6995 LaGrange Road, Shelbyville, KY 40065. The properties offer a combination of agricultural ground, residential improvements, farm buildings, and potential building sites.

One of the most appealing aspects of this auction is the variety. Buyers do not have to pursue the entire 277 acres to participate. Instead, they can consider the individual parcels and determine which tract or combination best meets their needs.

For farmers, the crop and hay ground may offer an opportunity to expand an existing operation. For homebuyers, the five-acre parcel with the custom home provides a chance to purchase a quality rural residence. Meanwhile, buyers seeking a new construction site can explore the six-acre and eight-acre tracts.

Investors and larger agricultural buyers may also want to consider the possibilities of combining parcels to create a larger holding.

Five Parcels Offering Different Opportunities

The property will be divided into five parcels for auction purposes. Each tract offers its own characteristics, and buyers can evaluate them individually or in combinations.

Parcel 1 – 78 Acres with Modular Home, Barn, and Machinery Shed

<text weight=”semibold” color=”default”>78 acres | 1,242-square-foot home | 3 bedrooms | 2 bathrooms</text>

Parcel 1 includes approximately 78 acres of mostly cleared farmland, currently used for crops and hay. The tract also features a 1,242-square-foot modular home with three bedrooms and two bathrooms, along with a barn and machinery shed.

This parcel may appeal to buyers who want agricultural land with existing residential and storage improvements.

The mostly cleared acreage offers potential for continued crop production or hay operations. Buyers who already farm nearby may see an opportunity to add acreage to their current operation. Others may appreciate having a residence on the property for personal use or tenant occupancy, subject to the home’s condition and applicable requirements.

The three-bedroom, two-bathroom modular home adds practical flexibility. Its existing layout may suit a farm tenant, family member, or owner who wants a residence close to the agricultural operation.

The barn and machinery shed provide additional features to evaluate. Farm buildings can support equipment storage, supplies, and general agricultural needs.

Before bidding, buyers should inspect the home, barn, and machinery shed. They should also evaluate the fields, drainage, access, and current agricultural condition.

For someone looking for a combination of farmland and existing improvements, Parcel 1 deserves a close look.

Parcel 2 – Custom Home on 5 Acres with Barn and Shop

<text weight=”semibold” color=”default”>5 acres | 3,700 finished square feet | 5 bedrooms | 2.5 bathrooms</text>

Parcel 2 offers a very different opportunity: a custom-built home with approximately 3,700 finished square feet, situated on five acres.

This quality home features five bedrooms and two and a half bathrooms, offering generous living space for a household that values comfort and room to spread out.

The home’s design includes several appealing features, including a walk-out basement, attached two-car garage, large primary suite, spacious kitchen, enclosed sunroom, main-floor laundry area, and family room with a brick fireplace.

A 36-by-50-foot metal barn/shop/storage building adds even more flexibility to the property.

A Spacious Primary Suite

The large primary suite includes a whirlpool tub and walk-in shower. These features create a comfortable private space and give the home an appealing main bedroom arrangement.

The suite may be especially attractive to buyers who value a spacious bedroom and a well-equipped bathroom.

A Spacious Kitchen and Family Gathering Areas

The kitchen offers generous space for everyday meals and entertaining. Its size may appeal to buyers who enjoy cooking, hosting family gatherings, or spending time together at home.

The family room features a brick fireplace, creating a welcoming setting for relaxing during cooler Kentucky evenings.

In addition, the enclosed sunroom provides another place to enjoy the property. It may serve as a quiet sitting area, a place for morning coffee, or a spot to take in the surrounding views.

Walk-Out Basement and Attached Garage

The walk-out basement adds useful finished space and provides direct access to the outdoors.

The attached two-car garage offers convenient parking and storage, while the main-floor laundry area adds everyday practicality.

36 x 50 Metal Barn, Shop, and Storage Building

The 36-by-50-foot metal building gives this parcel another valuable feature to investigate.

Depending on its layout and condition, the building may support workshop activities, equipment storage, hobbies, or other practical uses.

For buyers who want a country home with room for vehicles, tools, and outdoor equipment, this additional building may be a strong attraction.

With five acres, a spacious custom home, and a substantial metal building, Parcel 2 offers a combination of residential comfort and rural convenience.

Parcel 3 – 179-Acre Crop Farm

<text weight=”semibold” color=”default”>179 acres | Crop and hay land | Long road frontage</text>

Parcel 3 is the largest tract in the auction, containing approximately 179 acres of crop farm land.

The parcel features good crop and hay ground, along with long road frontage. It also offers access from LaGrange Road and access from Clore Jackson Road through an easement.

This tract may attract farmers, agricultural investors, and buyers looking to expand an existing landholding.

The combination of crop and hay ground offers flexibility for agricultural operations. Buyers may consider continuing the current type of use or evaluating the land for their own farming needs.

Long road frontage can also be an important feature for a larger farm. It may provide practical access and flexibility for managing different areas of the property.

The additional access through an easement from Clore Jackson Road creates another point worth reviewing. Buyers should examine the recorded easement and confirm its location, permitted uses, maintenance responsibilities, and any restrictions.

For those seeking a substantial agricultural holding in Shelby County, Parcel 3 is a major part of this auction.

Parcel 4 – 6-Acre Building Site on Clore Jackson Road

<text weight=”semibold” color=”default”>6 acres | Clore Jackson Road</text>

Parcel 4 offers approximately six acres on Clore Jackson Road.

This tract may appeal to buyers looking for a rural residential building site. With six acres, it offers more room than a typical residential lot and may provide space for a home, outdoor areas, and additional improvements, subject to zoning and site requirements.

Buyers may also consider combining this parcel with Parcel 3. Doing so could create a larger agricultural holding or provide additional land alongside the 179-acre crop farm.

The final suitability of this tract for construction will depend on access, zoning, soil conditions, utilities, septic approval, and local building requirements.

For someone seeking a smaller piece of land in a rural setting, Parcel 4 offers an opportunity worth exploring.

Parcel 5 – 8-Acre Building Site on Clore Jackson Road

<text weight=”semibold” color=”default”>8 acres | Clore Jackson Road</text>

Parcel 5 includes approximately eight acres and also fronts Clore Jackson Road.

Like Parcel 4, this tract may provide an appealing option for buyers interested in building a rural home.

The additional acreage may allow more flexibility when planning a home site, driveway, yard, garden, or other outdoor improvements. Buyers should confirm the property’s usable area and determine where construction may be possible.

This parcel may also appeal to someone who wants to combine it with another tract. The auction’s Ultimate Choice Method allows buyers to explore combinations, subject to the auction process and bidding results.

For buyers who want a rural homesite with more space, Parcel 5 deserves consideration.

The Ultimate Choice Method – Bid on Individual Parcels or Combinations

A major feature of this auction is the use of the Ultimate Choice Method.

The five parcels will be offered individually and in combinations. This approach gives buyers more flexibility than a sale that offers only one fixed configuration.

For example, a buyer interested in a single homesite may focus on Parcel 4 or Parcel 5. Someone seeking a country home may prefer Parcel 2. A farmer may want Parcel 1 or the larger 179-acre Parcel 3.

Other buyers may want to combine parcels to create a larger property.

The Ultimate Choice Method allows the auction process to consider individual tract bids and combinations. Buyers should review the auctioneer’s explanation of the bidding procedure before the sale begins.

It is also important to understand how the auctioneer will determine the final parcel combinations and winning bids. Ask questions ahead of time so you know how to participate confidently.

A Variety of Opportunities for Buyers

The five parcels create opportunities for several types of buyers.

Farmers and Agricultural Operators

Parcels 1 and 3 may be especially appealing to farmers.

The 78-acre tract includes mostly cleared land currently in crops and hay, while the 179-acre parcel offers additional crop and hay ground.

Together, these parcels may interest buyers who want to expand an existing farming operation or establish a larger agricultural holding.

Buyers Seeking a Country Home

Parcel 2 offers a custom-built home with 3,700 finished square feet on five acres.

Its five bedrooms, 2.5 bathrooms, walk-out basement, attached garage, sunroom, fireplace, and metal barn/shop create a combination that may appeal to buyers looking for space and rural surroundings.

Buyers Planning New Construction

Parcels 4 and 5 provide six-acre and eight-acre building site opportunities.

These tracts may interest buyers who want to build a home with more privacy and room than a typical subdivision lot can offer.

Before bidding, confirm that each parcel meets the requirements for the intended construction project.

Investors and Land Buyers

The auction’s flexible parcel structure may appeal to investors who want to evaluate different acreage combinations.

Some may prefer a smaller tract, while others may seek a larger agricultural property. The ability to bid on combinations can help buyers pursue a configuration that fits their goals.

The Appeal of Rural Shelbyville, Kentucky

Located in Shelbyville, Kentucky, this auction offers a chance to purchase farmland and rural residential property in a well-established Kentucky agricultural area.

The combination of crop ground, hay land, country homes, and building sites reflects the variety of property opportunities found throughout the region.

Shelbyville offers access to local services and surrounding communities while retaining a strong connection to rural Kentucky living.

For buyers who want agricultural land without moving far from town conveniences, this location may be worth considering.

The property’s road access and multiple parcel options also give buyers flexibility when deciding how much land they want to acquire.

Important Auction Terms and Conditions

Buyers should carefully review the auction terms before bidding.

The Lloyd Eades Estate property will sell at absolute auction, with the five parcels offered individually and in combinations using the Ultimate Choice Method.

The following terms are provided in the auction description.

Absolute Auction

The sale is advertised as an absolute auction. Buyers should review the official auction documents for the complete terms and conditions governing the sale.

10% Buyer’s Premium

A 10% buyer’s premium will be added to the final bid to determine the total sales price.

For example, if the winning bid is $100,000, the 10% buyer’s premium would add $10,000, resulting in a total sales price of $110,000.

Buyers should include this additional amount when setting their bidding budget.

10% Deposit on Auction Day

The winning bidder for a parcel must provide a deposit on the day of the auction equal to 10% of the total sales price.

Because the buyer’s premium forms part of the total sales price, buyers should understand how the deposit will be calculated.

Make sure funds are available and confirm the acceptable payment methods with the auction company before bidding.

Closing and Final Payment

The remaining balance will be due on or before September 22, 2026.

Successful bidders should speak with the auction company and closing agent about required documents, payment arrangements, title work, and closing procedures.

Property Sold As Is

All parcels will sell as is.

Buyers should inspect the homes, farm buildings, land, access, and other improvements before bidding. They should also review any available surveys, deeds, easements, disclosures, and property information.

An as-is sale makes independent due diligence especially important. Buyers should not assume that the seller will complete repairs or improvements after the auction.

Buyer Checklist Before Auction Day

Preparing before auction day can help buyers make informed decisions.

Consider taking the following steps:

1. Visit the property. Walk the parcels you may want to bid on and review the homes, barns, fields, and building sites.
2. Review parcel boundaries. Obtain available surveys, maps, and legal descriptions.
3. Inspect the homes. Arrange appropriate inspections for the modular home on Parcel 1 and the custom home on Parcel 2.
4. Evaluate farm buildings. Review the condition and suitability of the barn, machinery shed, and metal shop building.
5. Check agricultural ground. Ask about current crop and hay use, field conditions, drainage, and access.
6. Review the easement. Examine the recorded access easement involving Parcel 3 and Clore Jackson Road.
7. Investigate building sites. Confirm zoning, utilities, water, septic suitability, and building requirements for Parcels 4 and 5.
8. Understand the bidding process. Ask the auction company how individual parcels and combinations will be offered.
9. Calculate the buyer’s premium. Add 10% to your planned bid when determining your total budget.
10. Prepare the deposit. Be ready to provide 10% of the total sales price on auction day.
11. Plan for closing. The remaining balance is due on or before September 22, 2026.

Frequently Asked Questions

When is the Lloyd Eades Estate auction?

The auction is scheduled for Saturday, August 22, 2026, at 11:00 AM Eastern Time.

Where is the auction property located?

The listed location is 6995 LaGrange Road, Shelbyville, KY 40065.

How much land is being offered?

The auction includes approximately 277 acres divided into five parcels.

How many parcels are available?

There are five parcels, ranging from a five-acre residential property to a 179-acre crop farm.

Can buyers purchase individual parcels?

Yes. The parcels will be offered individually and in combinations using the Ultimate Choice Method.

Which parcel includes the custom home?

Parcel 2 includes a 3,700-finished-square-foot custom home with five bedrooms and 2.5 bathrooms on five acres.

Which parcel includes the modular home?

Parcel 1 includes a 1,242-square-foot modular home with three bedrooms and two bathrooms on 78 acres.

Which parcel is the largest?

Parcel 3 is the largest, with approximately 179 acres of crop and hay ground.

Are there building sites available?

Yes. Parcel 4 offers six acres on Clore Jackson Road, while Parcel 5 offers eight acres on the same road.

What is the buyer’s premium?

A 10% buyer’s premium will be added to the final bid to determine the total sales price.

How much is the deposit?

The winning bidder must pay 10% of the total sales price on auction day.

When is the remaining balance due?

The remaining balance is due on or before September 22, 2026.

Are the properties sold as is?

Yes. All parcels will be sold as is. Buyers should complete their inspections and due diligence before bidding.

Don’t Miss This Major Kentucky Farm and Land Auction

The Lloyd Eades Estate auction presents a substantial opportunity to purchase farmland, residential property, and rural building sites in Shelbyville, Kentucky.

With approximately 277 acres offered across five parcels, buyers can choose from a wide range of possibilities. Parcel 1 combines 78 acres with a modular home, barn, and machinery shed. Parcel 2 features a spacious custom home on five acres with a 36-by-50-foot metal building. Parcel 3 offers 179 acres of crop and hay ground, while Parcels 4 and 5 provide six-acre and eight-acre building site opportunities.

The Ultimate Choice Method adds flexibility by allowing parcels to sell individually or in combinations.

Whether you are a farmer looking to expand, a buyer searching for a country home, or someone planning a new rural residence, this auction deserves your attention.

Auction Date: Saturday, August 22, 2026
Auction Time: 11:00 AM Eastern Time
Location: 6995 LaGrange Road, Shelbyville, KY 40065
Total Acreage: Approximately 277 acres in five parcels
Buyer’s Premium: 10%
Deposit: 10% of total sales price on auction day
Balance Due: On or before September 22, 2026
Sale Terms: All parcels sold as is

Review the property details, inspect the parcels, understand the bidding procedure, and prepare before auction day.

This is an opportunity to purchase a piece of Kentucky farmland and rural real estate through a flexible five-parcel absolute auction.

 

Listed on Zillow