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IZARD COUNTY ABSOLUTE 185+/- ACRE LAND AUCTION

Auction Description

ATTENTION: NORTH CENTRAL ARKANSAS LAND BUYERS,
HOME BUILDERS, TIMBER BUYERS, SPORTSMEN & INVESTORS!

185+/- Acres Covered in Marketable Timber ~ Over 3/4 Mile Frontage on Larkin Road ~ 1/4 Mile Frontage on Cutoff Road ~ Offered in (3) Tracts & in its Entirety ~ Seller Owned Mineral Rights will Convey ~ Auction will be Conducted at 157 Spring Street in Melbourne ~ Live, Online Bidding Available ~ The Entire Property is SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

PROPERTY ADDRESS: 24 Cutoff Road, Melbourne, AR 72584

AUCTION LOCATION: 157 Spring Street, Melbourne, AR 72556

REAL ESTATE DESCRIPTION: Conveniently Located 3 Miles Northeast of the Center of Melbourne, Along Larkin Road & Cutoff Road, w/Community Water, Natural Gas & Electricity ~ This Excellent Piece of Land Would Make the Perfect Place to Build a Dream Home, w/Managed Timber & Some Clearings, Year-round Creek, (2) Ponds & Abundant Wildlife for Exceptional Hunting ~ (TRACT 1) 55+/- Acres Lying South of Cutoff Road & East of Larkin Road w/Over 1/4 Mile Frontage on Both Roads, Mature Timber, Some Cleared Spots for Building, an Older Barn & a Pond ~ (TRACT 2) 80+/- Acres of Mature Timber Lying South of Tract 1 w/a Little Frontage on Larkin Road, Creek Traversing the Tract & Established Interior Roads ~ (TRACT 3) 50+/- Acres Lying West of Tract 2 & South of Larkin Road w/Nearly a 1/2 Mile of Road Frontage, Pond, Creek, Mature Timber, Interior Roads & Utilities ~ The Entire Property is SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER! ~ Tracts Will be Offered Individually or in Combinations ~ ALL SELLER OWNED MINERAL RIGHTS CONVEY ~ Offers Prior to Auction are Welcome.

AUCTIONEER’S NOTE: This land has it all, road frontage, marketable timber, utilities, multiple building sites, abundant wildlife, and mineral rights! Don’t miss this opportunity!


INSPECTION: Tracts can be Viewed Anytime ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ Auctioneers will be at the Auction Location (157 Spring St.) at 10:00 a.m. Day of Auction.

CLOSING COMPANY: Izard County Abstract Company, Inc. ~ Closing Agent: Andrea Coleman (Andrea.Coleman@izardcountyabstract.com) ~ 207 Lunen Street, Melbourne, Arkansas 72556 ~ (870) 368-4818 ~ Fax/ 368-5511.

REAL ESTATE TAXES FOR YEAR 2019:
(TRACT 1) $83.00
(TRACT 2) $61.00
(TRACT 3) $93.00

SCHOOL DISTRICT: Melbourne

TERMS: $10,000.00 (PER TRACT) 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.


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