Per Talk Business and Politics
The historic Maxwell-Hinman home at 902 N.W. Second St. near downtown Bentonville is headed for public auction at 2 p.m. June 9.
Wilson Auctioneers of Hot Springs will conduct the auction on-site. David Brewer, the company president, said the owner, S.K. Morrison Trust, is selling the property to settle the estate of the late Dr. Samuel K. Morrison, who died in March at 94.
The Morrison family has owned the property since 1963.
Brewer described the home as a unique property because of its Walton Boulevard frontage and proximity to the downtown square. It’s also zoned C-2 for general commercial development.
The L-shaped Italianate brick house is 3,352 square feet and sits on 0.97 acres. Brewer said a returning Civil War veteran supposedly built the home in 1881. The National Register of Historic Places listed the property in 1988.
Wilson Auctioneers will auction three additional Bentonville properties at the June 9 sale, all owned by the Morrison Trust. The others are a 0.98-acre commercial tract at 1200 N.W. Third St. (adjacent to the Maxwell-Hinman House), a 1,822-square-foot residential property at 208 S.W. E St. and a 5.6-acre parcel (C-2 zoning) at 2200 N. Walton Blvd.
“Wilson Auctioneers is excited to have the opportunity to work for the Morrison family and offer four unique properties in Bentonville,” Brewer said. “The Maxwell-Hinman home has a tremendous amount of potential as a residence, or possibly a real estate or law office. With the proximity to the new Walmart headquarters, it could also be redeveloped into a commercial application.”
Brewer said interested buyers could also submit offers before June 9, which is typical in the current real estate market, so the properties may sell before auction.