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White River Ranch Real Estate Auction

Thursday, July 28, 2011  |  10:00 AM Central
Auction closed.
Internet Premium: 11%
See Special Terms for additional fees
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Description:

326-acre property with amazing hunting and fishing on the banks of the White River. Features a four-bedroom ranch home, three natural springs and six outbuildings including a heated barn.
Information & Special Terms
Important Announcements:
For more information about this auction, please view our auction website at www.whiteriverranchauction.com

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Internet Premium: 11%
Participation Requirements: Valid Credit Card required for bidding approval
Payment Options: Visa, MasterCard, and Wire Transfer
  Visa    MasterCard  
Payment Instructions: In order to bid on-line you must make an earnest money deposit of $10,000.00 into the auction company's escrow account PRIOR TO AUCTION DAY and no later than Wednesday, July 27th by the close of business. NO ACCEPTIONS! Should your offer be accepted, the bidder's earnest money deposit required is twenty (20)% of the purchase price. The successful buyer will be required to bring the earnest money deposit up to an amount equal to 20% of the purchase price the following business day and execute an offer and acceptance agreement which will be emailed to you by the end of the day or following business day. The buyer and seller will each pay their respective share of the closing costs and the taxes will be prorated to the date of closing. Contact the Auction Company for wire transfer routing instructions (501) 868-4877. THIS PROPERTY IS BEING SOLD IN "AS IS" CONDITION, ONLY GOOD TITLE IS WARRENTED. All earnest money deposits will be reversed the following business day for unsuccessful bidders.
Currency Type: USD
Shipping Instructions: Not applicable for this auction.
Preview Date & Times: Open House Dates: July 16, July 17 & 23 from 1:00 to 4:00 P.M.
Checkout Date & Times: Not applicable for this auction.
Location: 19865 Hwy5, Calico Rock, AR
Driving Directions: Click Here to view a map of the property.

Situated in Baxter County, Arkansas between the towns of Mountain Home and Calico Rock on Highway 5 South, this hunting and fishing ranch is just minutes south of Norfork Lake and Bull Shoals Reservoir.

The ranch is about 28 miles southeast of the nearest airport, Baxter County Regional Airport (BPK) at 6462 Highway 126 North, Midway, Arkansas 72651.
Special Terms
This property will be sold in “AS IS” condition, free and clear of any and all liens. Seller only warrants good title and will not provide surveys. An 11 percent Buyer’s premium will be applied to purchase. The successful Buyer will be required to put up 20 percent of the contract purchase price at the conclusion of the auction as earnest money as mentioned in the above paragraph. The balance will be due in approximately 30 days at closing. The closing shall take place at a local area Title Company. Seller will furnish a general warranty deed and Seller’s title insurance to Buyer(s). Buyer(s) and Seller will each pay their respective closing costs. All taxes will be prorated to the date of closing.
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White River Ranch Real Estate Auction

Lot # 1 (Sale Order: 1 of 1)

This amazing hunting and fishing ranch near the White River is a mountain property that slopes from the high eastern side down to the river on the west. Elevation changes are approximately 300 feet down from the east to the river. About 60 percent of the property is heavily wooded and 40 percent is open, sloping pasture and meadows. There is no timber production potential due to the mature age of the trees. There is no known mineral production on the property. There are three natural springs on the property, and 25 water spigots are scattered throughout the acreage.

White River Ranch is currently used for agricultural production. The property is leased for minimal hay production. Formerly, it was a dairy and cattle operation.

The ranch is considered riverfront property. However, there is a rail right-of-way on the southwest border that runs parallel to the river. The right-of-way enters at the southern border and runs the entire length of the river to the northern border. There are roughly 100 lineal feet of property between the tracks and the river.

The main house is a one-story, four-bedroom, single-family residence, constructed in about 1959. Local utilities provide water and electricity. It has a septic sewer system and propane storage tank. With approximately 2,900 sq. ft., the home is of sandstone and frame construction.

It features formal living and dining rooms, eat-in kitchen, den with native stone fireplace, master bedroom with half bath, three bedrooms and an additional full bath and a half.

It has hardwood floors and a handy utility room. The house has open, covered back and side porches with gorgeous views, three-car carport with storage room. Surrounded by beautiful landscaping, the home has a paved driveway and fenced back yard. Other outbuildings include:
• Heated barn
• 30 X 60 ft. slaughterhouse converted to living quarters and storage
• Shop buildings
• Grain bin
• Pump house and cistern ...more

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