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350 ACRE CRAIGHEAD COUNTY ABSOLUTE FARMLAND & TIMBERLAND AUCTION

Auction Description

 

ATTENTION: FARMERS, LAND BUYERS & REAL ESTATE INVESTORS!

 

This income producing farm lies 7 miles north of Downtown Jonesboro.  Between 2008 and 2009, the owners land leveled the property using Speer Landleving, Inc. The grade runs from North to South.  In the center of the property, a drainage canal was built to bring the irrigation back from the southern portion of the property to the reservoir.  On the eastern side of the property is Big Creek Ditch, which is a runoff of Lake Frierson.  The ditch is also used to supplement water into the 33 Acre Private Reservoir on this property.  With the irrigation from Big Creek Ditch, the recycling of the crop water and the 33 acre reservoir, this farm has ample irrigation for even the driest years.  

 

This Incredible Farm is Selling Regardless of Price to the Highest Bidder on Auction Day!

 

Offers Made Prior to Auction Day are Welcome!

 

  • FSA-156EZ Farm 7432 Tract 11888
  • 350+/- Acres in Craighead County, 7 Miles North of Jonesboro
  • 7.5 FSA Base Acres in Soybeans
  • 164.5 FSA Base Acres in Rice
  • 262 Total Farm Acres
  • 33+/- Acre Reservoir
  • 47+/- Acres in Mature Hardwood Timber
  • Soil Report
  • 66% Falaya Silt Loam, 24% Collins Silt Loam, 8% Calloway Silt Loam
  • Farm Lease Expires End of 2023
  • Paved County Road Frontage
  • Electricity
  • All Wells, Pumps and Gearheads Convey with the Property.  Power Units Belong to the Farmers.
  • 3 Flow Valves From the Reservoir to Each Field with Emergency Shut Off Valves
  • Craighead Co. Parcels:  12-153242-00101 & 12-153252-00300
  • FSA Farm Information

 

PROPERTY ADDRESS: 1677 Harlan Hurd Road, Jonesboro, AR 72401

 

AUCTION ADDRESS: Embassy Suites ~ 223 Red Wolf Blvd., Jonesboro, AR 72405

 

CLOSING COMPANY:  Lenders Title Company ~ 2207 Fowler Avenue, Jonesboro, Arkansas 72401 ~ (870) 935-7410.

 

REAL ESTATE TAXES FOR YEAR 2022:  $3,333.00

 

INSPECTION: Drive by & View this Farm Anytime ~ Auctioneers will be at the Embassy Suites in Jonesboro, Arkansas, on Auction Day at 10:00 a.m. for Auction Registration.

 

TERMS:  $100,000.00 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.

Property Location

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