ATTENTION: MORRILTON LAND BUYERS, DEVELOPERS, BUILDERS & INVESTORS!
REAL ESTATE DESCRIPTION: First Time on the Market in Over 75 Years! ~ Don't Miss this Opportunity to Buy Part or All of the Incredible 97.46+/- Acre Maxwell Cattle Farm, Conveniently Located 2.4 Miles from I-40 (Exit 108) in Morrilton, with 600+/- Ft. of HWY 287 Frontage & 2,000+/- Ft. of Frontage Along French Hill Road ~ This Property Features Over 80 Acres of Cleared, Improved Rolling Pastureland with a 15+/- Acre Stand of Mature Timber on the South End of the Farm with 3 Ponds, Several Barns & a 1948 1,200+/- Sq. Ft. Farmhouse in South Conway County School District ~ This Property Will be Offered in Multiple, Newly Surveyed Tracts & Combinations, with All Seller Owned Mineral Rights, & is ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Utilities Include, Electricity, City Water (Along the HWY & Along French Hill Rd.) & Septic Tank ~ Offers Made Prior to Auction Day are Welcome! ~ For Additional Information, Survey, Aerial Photos & Online Bidding Instructions.
TRACT DESCRIPTIONS:
(TRACT 1) 3.73+/- Acre Corner Lot with Frontage on Hwy. 287 & French Hill ~ Cleared & Ready to Build
(TRACT 2) 2.37+/- Acre Tract with Farmhouse & Barn Lying West of Tract 1
(TRACT 3) 9.29+/- Acres Fronting on French Hill w/Large Pond & Barns ~ Cleared & Ready to Develop!
(TRACT 4) 24.56+/- Acres Fronting on French Hill w/Pond ~ Cleared & Ready to Develop
(TRACT 5) 57.51+/- Acres Accessed from French Hill Mostly Pasture with a Wooded Ridge Perfect for Building Sites.
TERMS ON REAL ESTATE: (TRACTS 1-3) $10,000.00 (Per Tract) ~ (TRACT 4) $20,000.00 ~ (TRACT 5) $25,000.00, All in the Form of a Cashiers Check made Payable to 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% Auction/ Buyers Premium ~ Offers Prior to Auction Day are Welcome.
CLOSING COMPANY: Benchmark Title Company ~ Closing Agent: Rane Murders ~ 212 E. Railroad Ave, Morrilton, Arkansas 72110
REAL ESTATE TAXES FOR YEAR 2024: $161.60
SCHOOL DISTRICT: South Conway County
TERMS: $75,000.00 Cashiers Check made Payable to 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% Auction/ Buyers Premium ~ Offers Prior to Auction Day are Welcome.