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515 ACRE COAHOMA COUNTY MISSISSIPPI FARMLAND & TIMBERLAND AUCTION

Auction Description

 

ATTENTION: FARMERS, LAND BUYERS, TIMBER BUYERS, HUNTERS & REAL ESTATE INVESTORS!

515+/- Total Acres in Coahoma County Mississippi, 7 Miles Southeast of Clarksdale, Mississippi ~ Mixture of Corn and Soybean Ground with 278+/- Acres of Tillable Soil and 190+/- Acres of Mature Timber ~ Soils are a mixture of Alligator Clay and Dowley Clay ~ Existing Farm Lease Expires Dec. of 2023 ~ This Farm will be offered in 2 Tracts and Combinations on Auction Day!

  • FSA-156EZ Farm 2194 Tract 7458, Farm 4236, Tract 1316, 1317, 1518
  • 515+/- Acres in Coahoma County, Clarksdale, Mississippi
  • 171.94 FSA Base Acres in Soybeans
  • 328.06 FSA Base Acres in Rice
  • 3.2 FSA Base Acres in Wheat (Double Cropped Land)
  • 503.2 Total Farm Acres
  • 195+/- Acres in Hardwood Timber (70+/- Acres of WRP Timber)
  • Excellent Deer Hunting Property
  • Soil Report
  • 36% Alligator Clay
  • 36% Dowling Clay
  • 20% Forestdale Silty Clay
  • All Wells, Pumps and Gearheads Convey with the Property.  Power Units Belong to the Farmers
  • Coahoma Co. Parcels:  051 110000000  0001000, 051 110000000  0001100, 051 110000000  0001200, 051 030000000  0001400, 051 030000000  0001500, 052 100000000  0000100, 052 100000000  0000200, 052 100000000  0000800

PROPERTY ADDRESS: Garrett Road, Clarksdale, MS 38614

 

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

 

 

 

CLOSING COMPANY:  Tucker, Selden & Tucker, PLLC ~ Title Agent: A. Thomas Tucker III ~ 1245 Main Street, Tunica, MS 38676 ~ (662) 363-3622.

 

REAL ESTATE TAXES FOR YEAR 2022:  $6,227.00

 

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:  $50,000.00 (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 ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.

 

In Cooperation with John Roebuck MS Broker #B-11907, MS Auctioneer F-276, A-243

 

 

Property Location

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