Auction Description

ATTENTION: GARLAND COUNTY LAND & HOME BUYERS, BUILDERS, DEVELOPERS & INVESTORS!
6.5+/- Unzoned Acres ~ Directly Across from Glencairn Subdivision Along HWY 290 ~ Offered in (4) Tracts & Combinations ~ 1,346+/- SF, 2BR/ 2BA Brick Home ~ Stocked Pond ~ 1,030+/- Ft. of Highway Frontage ~ Lakeside Schools ~ City Utilities Available ~ Selling On-site w/Live, Online Bidding Available!

REAL ESTATE DESCRIPTION:  Incredible, 6.5+/- Acres Along HWY 290 in Lakeside School District w/City Utilities Along Highway ~ 1,346+/- SF, 1970s Brick Home w/Attached 2-Car Carport ~ Shared Stocked Pond ~ Property Will be Offered in (4) Tracts & Combinations ~ Tract 2 Will Contain the Existing Home ~ Tracts 1, 3 & 4 Will be Excellent Newly Surveyed Building Sites w/HWY 290 Frontage, in Lakeside School District ~ (TRACT 1 – 1.26+/- AC) This Mostly Cleared & Level, Ready-to-Build Tract sits at the West End of the Property w/HWY 290 Frontage & has an Excellent Building Site w/Older Barn ~ (TRACT 2 – 0.98+/- AC) 1,346+/- SF, 2 Bedroom/ 2 Bath Brick Home Built in 1973, in Need of Some Cosmetic Updating, w/Attached 2-Car Carport ~ House Consists of a Living Room ~ Dining Room ~ Kitchen w/Breakfast Bar ~ Oversized Laundry Room ~ Master Bedroom w/Walk-in Closet, Wardrobe Closet & Private Bathroom w/Shower ~ 2nd Bedroom ~ Full Bathroom ~ Linen Closet ~ Coat Closet ~ Fenced Backyard w/Patio ~ (TRACT 3 – 2.11+/- AC) Beautiful Building Site Mostly Level & Cleared Pasture w/Some Mature Trees ~ (TRACT 4 – 2.12+/- AC) Excellent Building Site Mostly Level & Cleared Pasture w/Shared Fully Stocked Pond ~ This Property Will be Offered in (4) Tracts & Combinations on Auction Day! ~ Offers Made Prior to Auction Day are Welcome!

INSPECTION: Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. on Auction Day.

CLOSING COMPANY: Hot Springs Title Company ~ 534 Ouachita Avenue (Suite 3), Hot Springs, Arkansas 71901 ~ (501) 623-4405 ~ Fax/ 623-5165

REAL ESTATE TAXES FOR YEAR 2020: $1,240.00

SCHOOL DISTRICT: Lakeside

TERMS: (TRACTS 1, 3 & 4) $5,000.00 (PER TRACT) ~ (TRACT 2) $15,000.00, 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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.