ATTENTION: FARMERS, HUNTERS, FISHERMEN & TIMBERLAND BUYERS!
1,048+/- Acre Pine & Hardwood Timber, Rice & Row-Crop Farm w/a Single-Family Home, Workshop & Deer Camp just off HWY 425 on Atkins Road North of Star City, Arkansas ~ Offered in (7) Tracts & Any Combination ~ Live, Online Bidding Available!
REAL ESTATE DESCRIPTION: The 1,048+/- Acre Fratesi Farm is Located between Pine Bluff & Star City, just West of HWY 425 ~ This Farm will be Offered in (7) Tracts & in Combinations on Auction Day! ~ The Farm has Produced Rice, Soybeans & Other Crops & the Timbered Acres Offer Excellent Deer & Turkey Hunting w/Great Fishing in the Reservoir, Stocked w/Bass & Crappie!
(TRACT 1) 254.77+/- Acres Consisting of a 50+/- Acre Lake, 30+/- Acres of Row-Crop & the Balance in Timber.
(TRACT 2) 186.42+/- Acres of Timber.
(TRACT 3) 154.73+/- Acres of Timber Crossed by Turtle Creek.
(TRACT 4) 17.80+/- Acres Containing a 2,192+/- SF, 3 Bedroom/ 2 Bath Home w/ 2-Car Carport (House Needs Remodeling), 1,520+/- SF Pre-Engineered Steel Workshop, 2,524+/- SF Deer Camp Building, Plus (2) Grain Bins.
(TRACT 5) 172.47+/- Acres, Including 85+/- Acres of Row-Crop & the Balance in Timber & Crossed by Turtle Creek.
(TRACT 6) 134.55+/- Acres Consisting of 43+/- Acres of Cropland & Approximately 61+/- Acres of Pine Timber & Bordering Bayou Bartholomew.
(TRACT 7) 127.41+/- Acres of Timber Bordered by Bayou Bartholomew.
Offers Made Prior to Auction Day are Welcome & Encouraged!
INSPECTION: Property can be Viewed by Appointment ~ Contact Broker, Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com ~ Auctioneers will be On-site at 9:00 a.m. for Inspection on Auction Day.
CLOSING COMPANY: Jefferson Title Company, LLC ~ Closing Agent: Kay Beverly/ kay@jeffersontitle.net ~ 715 W. 5th Avenue, Pine Bluff, Arkansas 71601 ~ (870) 540-4927 ~ Fax/ 540-1267.
REAL ESTATE TAXES FOR YEAR 2021: $2,923.92 (entire property)
SCHOOL DISTRICT: Star City
TERMS: (TRACTS 1 or 2) $30,000.00 (Per Tract) ~ (TRACTS 3, 5, 6 or 7) $25,000.00 (Per Tract) ~ (TRACT 4) $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.
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