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MONROE COUNTY COURT ORDERED LAND AUCTION

Auction Description

Offer has been Accepted by the Judge.
The Auction is Canceled.


ATTENTION: HUNTERS, FARMERS & REAL ESTATE INVESTORS!
93+/- Acres Offered in (3) Tracts ~ Selling Individually & in Combination ~ Timber &
Farmland ~ Court Ordered to be Sold at Auction ~ Live, Online Bidding Available

AUCTION LOCATION: (EXECUTIVE HALL OF THE HOUSING AUTHORITY) 620 MADISON STREET ~ CLARENDON, AR 72029

DIRECTIONS TO PROPERTY:
From the Intersection of HWY 86 & HWY 17 in Holly Grove, proceed South on HWY 17 for 7.8 Mi. to New Cut Rd. (on the Left) ~ Travel East on New Cut Rd. 1.7 Mi. to farm road on the Left ~ Tract #1 is 0.2 Mi. North of New Cut Rd. (begins just North of irrigation equipment) ~ Tract #2 is on the South side of New Cut Rd. & begins 2.3 Mi. from HWY 17 & New Cut Rd. ~ Tract #3 is Landlocked & 330+/- Ft. South of the South Line of Tract #2 ~ Watch for Auction Signs on Tracts #1 & #2.

REAL ESTATE DESCRIPTION:
Three Tracts of Row Crop & Timberland ~ All Timber is Natural Re-growth after a Clear Cut Approximately 10-12 Years Ago ~ (TRACT 1) Consists of 25+/- Acres & Contains 20+/- Acres in Row Crop Production & 5+/- Acres of Timber ~ (TRACT 2) Consists of 58+/- Acres w/ 5+/- Acres of Row Crop Production & 53+/- Acres of Timber ~ (TRACT 3) Consists of 10+/- Acres of Timber.

INSPECTION: Contact Broker,
Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com to View this Property ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. on Auction Day.

CLOSING COMPANY: Menard Title & Abstract Company ~ Closing Agent: Alison Steeland ~ 121 Court Street, Clarendon, Arkansas 72029 ~ (870) 747-3712 ~ Fax/ 747-5488.

REAL ESTATE TAXES FOR YEAR 2018: (Tract 1) $180.00   (Tract 2) $100.00   (Tract 3) $11.00


TERMS: (TRACTS 1 & 2) $10,000.00 (Per Tract) ~ (TRACT 3) $1,500.00, All in the Form of a Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
 

 

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