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110+/- ACRE WATTENSAW BAYOU FARM COURT ORDERED AUCTION ~ LONOKE, AR

Date

Tuesday, Dec. 11, 2018 at 12:00 PM CST

Auction Location

633 D Plummer Road, Lonoke, Arkansas 72086

Real Estate Description

ATTENTION: CATTLEMEN, DUCK HUNTERS, HOME BUYERS, REAL ESTATE INVESTORS!
Prime 110+/- Acre Lonoke County Farm ~ Fenced & Cross Fenced ~ 3BR/ 2BA Manufactured Home ~ 
Family Owned Over 70 Years ~ 990+/- Ft. of Paved Road Frontage ~ Over 1/2 Mile on Wattensaw Bayou ~ 
Prime Duck Hunting in Flooded Timber of Bayou Bottomland ~ Live, Online Bidding Available ~ 
COURT ORDERED AUCTION TO SETTLE ESTATE!

REAL ESTATE DESCRIPTION:  Beautiful 110+/- Acre Working Farm Consisting of 34+/- Acres in Improved Pasture, 74+/- Acres in Timber & 2+/- Acre Home Site w/ 1,779+/- SF Cavalier Manufactured Home Built in 2003 ~ Property is Completely Fenced w/Pasture Fenced & Gated ~ Pristine Wattensaw Bayou Meanders Through the Hardwood Timber Bottomland w/Holes for Incoming Waterfowl to Rest & Feed ~ The Land Provides Excellent Habitat for Deer, Turkey & Small Game ~ 990+/- Ft. along D Plummer Road w/Utilities Including Electricity & Municipal Water at Road w/Meter Set ~ Well Water Connected to Home ~ Propane & Private Septic System ~ Small Workshop w/Water Closet & Additional Storage Building ~ Several Beautiful Sites to Build your Dream Home.

AUCTIONEER’S NOTE:  This well-maintained farm is just 35 minutes east of Little Rock.  If you are looking for a beautiful piece of land to build a home or a peaceful retreat for hunting and fishing, make plans to see this property!

TERMS ON REAL ESTATE:  $20,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Title Insurance with Warranty Deed Provided at Closing ~ Closing within 30 Days ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.  

INSPECTION:  Property can be Inspected Anytime ~ Contact Broker, Gladys Webb at 501-766-0605/ gladys@wilsonauctioneers.com for Additional Information ~ Auctioneers will be On-site at 11:00 a.m. Day of Auction.

Aerial

Legal Description

Preliminary Title Commitment


Property Information Packet

DIRECTIONS:  From I-40 at Lonoke, Take Exit 175 (HWY 31) & Travel North on HWY 31 for 7.4 Mi. ~ Turn Left on Mt. Tabor Rd. & Travel 1.8 Mi. ~ Turn Left on D Plummer Rd. & Travel 1/2 Mi. ~ Watch for Property & Auction Signs on the Left.

Auction Location

Terms

TERMS AND CONDITIONS:  $20,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Title Insurance with Warranty Deed Provided at Closing ~ Closing within 30 Days ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

CLOSING COMPANY:  Central Arkansas Title & Insurance, LLC ~ Closing Agent: J. Michael Stuart ~ 101 E. Front Street, Lonoke, Arkansas 72086 ~ (501) 676-5500 ~ Fax/ 676-7547.

REAL ESTATE TAXES FOR YEAR 2017:  $298.04

SCHOOL DISTRICT:  Lonoke


TERMS OF AUCTION