PUBLIC AUCTION

REAL ESTATE VALUABLE FARM

177.38 +/- ACRES

SATURDAY, OCTOBER 9, 2010

11:00 AM

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CLICK HERE FOR DEED DESCRIPTION

Location: 1506 Cedar Grove Church Road, Felton, Delaware: Traveling on US-13 in Felton, Delaware, turn West at the light onto DE-12 (Main Street).  Proceed 8.1 miles and turn right onto Edwardsville Road.  Follow for 6/10 mile and turn left onto Courtland Dill Road.  Go 9/10 mile and turn right onto Cedar Grove Church Road.  Continue for 4/10 mile to farm on the right.  Signs will be posted.

 

Tax ID # SM-00-135.00-01-25.02-000  &  # SM-00-145.00-01-04.00-000: Consisting of a total of 177.38  acres +/-, this farm contains 94.4 acres +/- of crop land (71.9 irrigated & 22.5 dry), 81.98 acres +/- of woodland, and a 1 acre +/- home site.  The home site is improved with a 1986 Nanticoke home which is currently rented, the lease expiring in January of 2011.  With approximately 1,120 square feet +/- of living space, the home contains three bedrooms, one full bath, living room, kitchen with dining area, utility room, pull down attic storage and an attached two car garage. The kitchen includes electric stove, refrigerator/freezer and dishwasher, and the dwelling has electric baseboard heating, central air conditioning, electric hot water heater, vinyl siding, an asphalt shingle roof updated in 2007, and standard well and septic system. The irrigated crop land is covered by 1 four tower pivot, 1 three tower pivot and 1 two tower pivot.  Presently in a Farmland Preservation District until September of 2015, the development rights have not been sold.

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Real Estate Terms: Purchaser shall pay $50,000 down payment day of sale with cash or certified check made payable to Wilson's Auction Sales, the balance to be paid within 60 days. Purchaser to pay all cost of examination, preparing and transferring the deed. Purchaser shall pay any and all other property transfer tax and fees.  All 2010 crop rights are reserved, available in 2011.  If the above terms are not complied with, the down payment shall be forfeited. Seller reserves the right to accept or reject any and all bids, but it is their intent to sell the property.  This property is being sold "as is and where is" with no expressed or implied warranty. Announcements made the day of sale take precedence over any and all other statements and advertisements.

Owner: Cynthia L. Hughes

 

Auctioneer's Note: We are pleased to offer this outstanding Farm in Felton, Delaware. The land is presently in a Farmland Preservation District, which provides great tax benefits today, and the development rights have not been sold, which allows a wealth of possibilities for the future.  Visit our web site for more information and color photos.  Don't miss this rare opportunity.

 

Wilson's Auction Sales, Inc.

"Professionals On The Move"

Dave Wilson, Auctioneer & Sales Manager

K. Wade Wilson, Auctioneer & Customer Service Representative

(302) 422-3454   Fax (302) 422-0462   www.wilsonsauction.com