ABSOLUTE AUCTION

VALUABLE FARM & REAL ESTATE

FRIDAY, MAY 20, 2022

11:00 A.M.

Location: 1114 Prospect Church Road, Harrington, Delaware - Traveling West on DE-14 (Vernon Road) in Harrington, Delaware, turn left onto Prospect Church Road. Proceed for 1.4 miles to property on the left.

Signs will be posted.

Parcel # 1- Kent County Map # 6-00-19200-01-0400-00001: Situated on the east side of Prospect Church Road, with 700’ +/- frontage, this farm consists of 167.6 acres +/-, with 97 acres +/- tillable, 67 acres +/- wooded land, the remainder to include a retired poultry house. This beautiful farm is rich with wildlife, includes two spring fed ponds, and is currently used in the production of small grain and hay crops.  Zoning: AP/10

Parcel # 2- Kent County Map # 6-00-19200-01-0404-00001: Adjoining Parcel #1, this oversized parcel has 210’ +/- frontage on Prospect Church Road, and contains 4.0 acres +/- of land. The lot is improved with a single family dwelling containing 1215 sq/ft +/-, with 1 bedroom, 1 bath, loft, living room, and eat-in kitchen. The home has electric baseboard heating, electric hot water heater, aluminum siding, asphalt shingle roof, 200 amp electric service and a private well and septic system. There is an attached rear deck, and a detached 24’ x 36’ two bay block garage. Zoning: AP/10

Note: Both parcels are in the State of Delaware Farmland Preservation Program, and the development rights have been sold to the State, allowing for very low property taxes, and no state or county transfer tax on the land purchase. For both parcels, Purchaser will need to establish a new entrance, since the current one is situated on the adjoining landowner.

VISIT OUR WEB SITE FOR PLOT PLAN & MORE INFORMATION

CONTACT OUR OFFICE TO SCHEDULE YOUR PRIVATE TOUR OF THE FARM

Real Estate Terms: Parcel # 1- Purchaser shall pay $50,000 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales. All crop rights are reserved for 2022, available on January 1, 2023. Parcel # 2 - Purchaser shall pay $10,000 down payment day of sale with cash or certified check made payable to Wilson’s Auction Sales. Parcels 1 & 2 – The balance to be paid within 90 days or less. 3% Buyer’s Premium will be added to the hammer price. Purchaser shall pay all cost of examination, preparing and transferring deed. Purchaser shall pay any and all other fees and settlement costs. If the above terms are not complied with, the down payment shall be forfeited. Parcels are being sold "as is and where is" with no expressed or implied warranty. Parcels are being sold to be clear of all liens, with clear and marketable title guaranteed, or deposit will be refunded. These parcels are to be sold to the high bidder(s). Announcements made day of sale supersede all advertisements.  

These Parcels Are Being Sold Absolute, With No Minimum Reserve.

Auctioneer’s Note: Mark your calendar and don’t miss this important Absolute Auction of Real Estate. Contact our office or visit our website for more information.

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