IMPORTANT TWO DAY ESTATE AUCTION

       VALUABLE REAL ESTATE

WEDNESDAY, DECEMBER 7, 2011 - 3:00 P.M.

& FRIDAY, DECEMBER 9, 2011 - 12:00 P.M.

Wednesday – December 7^TH

Parcel # 1:  Unimproved lot approximately 149’ x 308’ +/- and containing 1.085 acres +/- of land with frontage on N. Union Church Road. Has gravity septic system approval. (Tax Map Parcel # 1-30 6.00 45.01)

Parcel # 2:  Income Earning Property with frontage on N. Union Church Road.  Consisting of 2.347 acres +/- of land improved with a two story farmhouse containing 1908 sq/ft +/- of space with three bedrooms, two baths, eat-in-kitchen, living room, recreation/music room, sunroom,  utility room.  The home has been renovated upstairs and has hardwood floors throughout.  Amenities include new washer, dryer and electric stove, oil fired forced hot air heating, electric hot water heater, and private water and sewer.  Also improved with a 26’ x 50’ three car garage w/ storage & loading dock, 26’ x 40’ pass thru garage with grain bin, 40’ x 80’ closed equipment shed, 36’ x 52’ open equipment shed, 24’ x 30’ chicken coop and 8’ x 8’ milk house.  Considering the home, buildings and grain tank, this property has great potential for substantial rental income.  (Tax Map Parcel # 1-30 6.00 45.02)

Parcel # 2A:  Adjoining parcels 1 through 7, this farm contains a total of 83.1 acres +/-.  There are 80.5 tillable acres with pivot irrigation system & 3 wooded acres w/ great hunting. (Tax Map Parcel # 1-30 6.00 45.00)

Parcel # 3:  Unimproved lot approximately 150’ x 308’ and containing 1.064 acres +/- of land with frontage on N. Union Church Road Has gravity septic system approval.  (Tax Map Parcel # 1-30 6.00 45.03) 

Parcel # 4:  Unimproved irregular shaped wooded lot containing .985 acres +/- with frontage on Fitzgerald’s Road. Has gravity septic system approval.  (Tax Map Parcel # 1-30 6.00 45.04)

Parcel # 5:  Unimproved irregular shaped wooded lot containing 1.133 acres +/- with frontage on Fitzgerald’s Road.  (Tax Map to be recorded in 2012)

Parcel # 6:  Unimproved lot approximately150’ x 308’ and containing 1.064 acres +/- of land with frontage on N. Union Church Road.  (Tax Map to be recorded in 2012)

Parcel # 7:  Unimproved lot approximately 150’ x 233’ and containing .79 acres +/- of land with frontage on N. Union Church Road.  (Tax Map to be recorded in 2012)

Parcel # 8:  Unimproved lot containing 28.05 tillable acres +/- of land with frontage on N. Union Church Road. Has pump & well.   (Tax Map Parcel # 1-30 6.00 26.00)

Parcel # 9:  Unimproved lot approximately 220’ x 172’ and containing .869 acres +/- of land with frontage on N. Union Church Road. Has full depth gravity septic system approval.   (Tax Map Parcel # 1-30 6.00 26.01)

Parcel # 10:  Unimproved lot approximately 220’ x 172’ and containing .869 acres +/- of land with frontage on N. Union Church Road. Has full depth gravity septic system approval.   (Tax Map Parcel # 1-30 6.00 26.02)

Parcel # 11:  Unimproved lot approximately 220’ x 172’ and containing .869 acres +/- of land with frontage on N. Union Church Road. Has gravity septic system approval.   (Tax Map Parcel # 1-30 6.00 26.03)

Parcel # 12:  Unimproved lot approximately 220’ x 172’ and containing .869 acres +/- of land with frontage on N. Union Church Road. Has gravity septic system approval.   (Tax Map Parcel # 1-30 6.00 26.04)

Parcel # 13:  Unimproved lot approximately 220’ x 172’ and containing .869 acres +/- of land with frontage on N. Union Church Road. Has gravity septic system approval.   (Tax Map to be recorded in 2012)

Friday – December 9^TH

Parcel A: Irregular shaped lot with frontage on SR-36 (Shawnee Road) and containing 3.436 acres +/- of land.  Lot is improved with foundation and horse stable. (Tax Map Parcel # 1-30 3.00 64.01)

Parcel B: Unimproved irregular shaped lot with frontage on SR-36 (Shawnee Road) and containing 55.7 acres +/- of land with 42.59 acres of tillable ground currently irrigated with a hard hose system & 13 wooded acres w/ prime hunting & tree stands.  (Tax Map Parcel # 1-30 3.00 64.00)

Parcel C: Unimproved lot with frontage on SR-36 (Shawnee Road) and containing 32.25 acres +/-  of land, all tillable ground currently irrigated with a hard hose system.   (Tax Map Parcel # 1-30 3.00 65.01)

Parcel D: Unimproved lot approximately 217' x 152' and containing .755 acres +/- of land with frontage on SR-36 -Shawnee Road. (Tax Map Parcel # 1-30 3.00 65.02)

Parcel E: Unimproved lot approximately 217' x 150' and containing .750 acres +/- of land with frontage on SR-36 -Shawnee Road. (Tax Map Parcel # 1-30 3.00 65.03)

Parcel F: Unimproved lot approximately 217' x 150' and containing .750 acres +/- of land with frontage on SR-36 -Shawnee Road. (Tax Map Parcel # 1-30 3.00 65.04)

Parcel G: Unimproved lot approximately 217' x 150' and containing .750 acres +/- of land with frontage on SR-36 -Shawnee Road. (Tax Map Parcel # 1-30 3.00 65.05)

Parcel H: Unimproved lot approximately 217' x 150' and containing .750 acres +/- of land with frontage on SR-36 -Shawnee Road. (Tax Map to be recorded in 2012)

Real Estate Terms:

Parcels # 1, 3, 4, 9, 10, 11, 12, A, D, E, F & G:   Purchaser shall pay $5,000.00 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. 

Parcel # 2, 8, B, & C:  Purchaser shall pay $25,000.00 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.

Parcel # 2A:  Purchaser shall pay $50,000.00 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid within 60days.

Parcel # 5, 6, 7, 13, & H:  Purchaser shall pay $5,000.00 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales, the balance to be paid not prior to January 10, 2012, but no later than January 30, 2012 .

All Parcels:  Purchaser to pay all cost of examination, preparing and transferring the deed.  Purchaser shall pay the Delaware 1 ½% State Realty Transfer Tax and the 1 ½% Sussex County Realty Transfer Tax.  Purchaser shall pay any and all other property transfer tax and fees.  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.  Announcements made the day of sale take precedence over any and all other statements and advertisements. This property is being sold “As Is and Where Is” with no expressed or implied warranty.  All parcels are subject to prior sale.  No Buyer’s Penalty.                                                                                                                        

                        Selling for The Estate of Eugene Holden               

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