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660+/- ACRE LAND & HOME ABSOLUTE AUCTION

Auction Description

ATTENTION: FAULKNER COUNTY LAND INVESTORS, CATTLEMEN, HUNTERS & HOME BUYERS!
660+/- Contiguous Acres in Faulkner County, Arkansas, w/43+/- Acre Lake ~ 8.5 Miles East of I-40 just Minutes from Conway ~ 1,700+/- SF, 3BR/ 3BA Home w/Pool ~ 30x30 Ft. Ark-La-Tex Shop ~ City Water & Electric Service ~ Offered in (5) Tracts & Any Combination on Auction Day ~ Also Selling, John Deere Tractor, Ranger 800 UTV, Yamaha Golf Cart, Utility Trailer, Honda 250 Rancher, Implements & More! ~ Selling On-site w/Live, Online Bidding Available ~ ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

REAL ESTATE DESCRIPTION: This Beautiful, 660+/- Contiguous Acre Farm is up for Sale for the First Time in 40 Years! ~ This Wonderful Farm is Gated & Offers a Great Mix of Pasture & Hardwood Stands ~ The Custom Home Sits on 43+/- Acre Friday Lake Conveniently Located just 20 Minutes from Conway & 20 Minutes from Little Rock Air Force Base!
(TRACT 1) 145+/- Acres w/a 1,700+/- SF, 3BR/ 3BA Custom Home, Built in 2012, w/an In-ground Pool, 30x30 Ft. Ark-La-Tex Insulated Shop Building, RV Carport & Dock, All Sitting on the Beautiful 43+/- Acre Friday Lake ~ Home Offers 3 Bedrooms, Each w/its Own Bathroom ~ Tile Flooring Throughout the Main Level, w/Hardwood Floors Upstairs, Recessed Lighting & Granite Countertops in Bathrooms ~ Main Level Bedrooms Each have Safe Room Closets & En-Suite Baths ~ Main Level Open Concept Kitchen w/Solid Surface Counters, Matching Stainless Appliances & Breakfast Bar Seating ~ Living Room has a Wood Burning Fireplace ~ Upstairs has One Room w/a Full Bath ~ This Tract has Approx. 90+/- Acres of Hardwood Mix Timber that Could be Thinned ~ Tract Also Offers a Large Pole Barn Used for Hay Storage.
(TRACT 2) 50+/- Acre Tract of Mostly Pasture, w/a Small Creek Running Through it, Located in the Northwest Corner of the Farm ~ This Tract has a New Waterline Across it & Would be a Great Tract to Build Homes.
(TRACT 3) 55+/- Acres off the West Side of Friday Lane, Southwest Corner of the Farm ~ This Tract is Fenced Pasture w/ (3) Ponds, a Small Barn, (2) Feed Bins, Fenced Garden Area, Feed Trough Shed & a Well.
(TRACT 4) 255+/- Acres Accessed from Friday Lane ~ Consists of 60+/- Acres of Hay Pasture & 195+/- Acres of Solid Hardwood Mix Timber that has been Used Mostly as a Wildlife Resting Area & Does Not get Hunted like the Rest of the Farm ~ Pond & Food Plot Located on this Tract, Makes it Ideal for Future Hunting ~ This Tract has Timber Value & Could be Fenced off for Cattle Grazing.
(TRACT 5) 155+/- Acres on the North Side of the Farm, East of Gunstock Lane ~ This Tract is Partially Fenced & Features (2) Ponds, Multiple Food Plot Areas, 40+/- Acres of Hay Pasture & 115+/- Acres of Mixed Hardwood & Some Pine.
Remember, it’s Selling Regardless of Price to the Highest Bidder! ~ Offers Prior to Auction Day are Welcome.

INSPECTION: Call for Appointment to Inspect the Land & Home ~ Contact Agent, Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com for Additional Information ~ Auctioneers will be On-site at 9:00 a.m. Day of Auction.

CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Pete Braunfisch (pbraunfisch@lenderstitle.com) ~ 1501 North University Avenue (Suite 100), Little Rock, Arkansas 72207 ~ (501) 320-2900 ~ Fax/320-2901.

REAL ESTATE TAXES FOR YEAR 2019: $2,571.00

TERMS: $25,000.00 (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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!


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