Auction Description

ATTENTION: FAULKNER COUNTY LAND INVESTORS, CATTLEMEN, HUNTERS & HOME BUYERS!
660+/- Contiguous Acres in Faulkner County, Arkansas, w/43+/- Acre Lake ~ 8.5 Miles East of I-40 just Minutes from Conway ~ 1,700+/- SF, 3BR/ 3BA Home w/Pool ~ 30x30 Ft. Ark-La-Tex Shop ~ City Water & Electric Service ~ Offered in (5) Tracts & Any Combination on Auction Day ~ Also Selling, John Deere Tractor, Ranger 800 UTV, Yamaha Golf Cart, Utility Trailer, Honda 250 Rancher, Implements & More! ~ Selling On-site w/Live, Online Bidding Available ~ ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

REAL ESTATE DESCRIPTION: This Beautiful, 660+/- Contiguous Acre Farm is up for Sale for the First Time in 40 Years! ~ This Wonderful Farm is Gated & Offers a Great Mix of Pasture & Hardwood Stands ~ The Custom Home Sits on 43+/- Acre Friday Lake Conveniently Located just 20 Minutes from Conway & 20 Minutes from Little Rock Air Force Base!
(TRACT 1) 159.09+/- Acres w/a 1,700+/- SF, 3BR/ 3BA Custom Home, Built in 2012, w/an In-ground Pool, 30x30 Ft. Ark-La-Tex Insulated Shop Building, RV Carport & Dock, All Sitting on the Beautiful 43+/- Acre Friday Lake ~ Home Offers 3 Bedrooms, Each w/its Own Bathroom ~ Tile Flooring Throughout the Main Level, w/Hardwood Floors Upstairs, Recessed Lighting & Granite Countertops in Bathrooms ~ Main Level Bedrooms Each have Safe Room Closets & En-Suite Baths ~ Main Level Open Concept Kitchen w/Solid Surface Counters, Matching Stainless Appliances & Breakfast Bar Seating ~ Living Room has a Wood Burning Fireplace ~ Upstairs has One Room w/a Full Bath ~ This Tract has Approx. 90+/- Acres of Hardwood Mix Timber that Could be Thinned ~ Tract Also Offers a Large Pole Barn Used for Hay Storage.
(TRACT 2) 53.10+/- Acre Tract of Mostly Pasture, w/a Small Creek Running Through it, Located in the Northwest Corner of the Farm ~ This Tract has a New Waterline Across it & Would be a Great Tract to Build Homes.
(TRACT 3) 53.59+/- Acres off the West Side of Friday Lane, Southwest Corner of the Farm ~ This Tract is Fenced Pasture w/ (3) Ponds, a Small Barn, (2) Feed Bins, Fenced Garden Area, Feed Trough Shed & a Well.
(TRACT 4) 238.84+/- Acres Accessed from Friday Lane ~ Consists of 60+/- Acres of Hay Pasture & 195+/- Acres of Solid Hardwood Mix Timber that has been Used Mostly as a Wildlife Resting Area & Does Not get Hunted like the Rest of the Farm ~ Pond & Food Plot Located on this Tract, Makes it Ideal for Future Hunting ~ This Tract has Timber Value & Could be Fenced off for Cattle Grazing.
(TRACT 5) 161.64+/- Acres on the North Side of the Farm, East of Gunstock Lane ~ This Tract is Partially Fenced & Features (2) Ponds, Multiple Food Plot Areas, 40+/- Acres of Hay Pasture & 115+/- Acres of Mixed Hardwood & Some Pine.
Remember, it’s Selling Regardless of Price to the Highest Bidder! ~ Offers Prior to Auction Day are Welcome.

INSPECTION: Call for Appointment to Inspect the Land & Home ~ Contact Agent, Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com for Additional Information ~ Auctioneers will be On-site at 9:00 a.m. Day of Auction.

CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Pete Braunfisch (pbraunfisch@lenderstitle.com) ~ 1501 North University Avenue (Suite 100), Little Rock, Arkansas 72207 ~ (501) 320-2900 ~ Fax/320-2901.

REAL ESTATE TAXES FOR YEAR 2019: $2,571.00

SCHOOL DISTRICT: Mayflower

TERMS: $25,000.00 (PER TRACT), 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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome! ~ Buyer acknowledges that it is aware that this property was formerly an artillery impact area and Buyer assumes whatever risk is created by such condition and forever releases Seller from any liability of such condition.

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