Polk County Road 482 Cove ( Hatton) , AR 71937
PRE-BIDDING WILL OPEN THE LIVE AUCTION TUESDAY, APRIL 11TH AT 11AM CENTRAL TIME
PLEASE READ ALL TERMS AND CONDITIONS BEFORE YOU BID!!!!
REAL ESTATE INVESTORS * ROCK, GRAVEL, SLATE QUARRY OWNERS
RV PARKS * ATV PARKS & CAMPGROUNDS * LAND BUYERS * VACATION RENTAL PROPERTY BUYERS
Wooded, Pasture, Rock Quarry and 4 Ponds
NOTICE: Top Bid will to have to be confirmed by Seller/Trustee!!
BIDDER NOTICE: YOU WILL BE BIDDING PER ACRE
The Seller/Fowler Auctioneers, Inc. and Sellers/Trustee has the right to accept offers Made Prior to ending date of Auction.
Auction Date:
Live Auction: Tuesday, April 11th 2023 at 11 AM CST
Property Location: Polk County Road 482 Cove ( Hatton) , AR 71937
Property Inspection: Can be Inspected by drive in or by appointment. Auctioneer/ Real Estate Broker: Nick D. Fowler 870-356-4848 to Schedule a tour.
OFFERING:
Vacant Land North Side of Property Containing 34+/- Acres
Rock Quarry South Side of Property Containing 69+/- Acres
Property as a Whole 103+/- Acres
Real Estate Description: 103+/- Undeveloped Acres Wooded, Pasture, Rock Quarry and 4 Ponds. This property has an abundance of Rock and Shale that the County previously was crushing, there remains to be much more that can be crushed. There are endless building sites and development opportunities, new home construction, cabins, ATV park campground, mini farm or whatever you may have in mind. There is power available, rural water is to Church at the beginning of this property.
Unforgettable adventures and natural beauty are close by, canoeing and kayaking the Cossatot River, boating nearby lakes, fishing, and hunting. There is some marketable timber as well.
Wolf Pen Gap ATV Park and Trails is approximately 30 miles by car or closer by back roads, Cossatot River is approximately 20 miles, Mena is approximately 20 miles, Oklahoma State Line is approximately 15 miles, Gilham Lake is approximately 20 miles.
The North Side is Wooded with Pasture Land, Ponds and some choice Building locations. This would make a great place to build your forever home and mini farm, development, campground for ATV park/RV park.
The South side of the county road is a former rock and shale quarry with the remaining opportunity to resume operation. Also there is nice size spring fed pond with expansion possibility. Overlooking the pond is beautiful valley views and numerous mountains with opportunities for building, RV spaces etc. There is some timber on this tract as well.
Do not miss this tremendous opportunity to own an excellent property with many possibilities opportunities for income producing and development property!
Closing Company: Martin Title 906 4th St, Mena, AR 71953 * 479-356-1963
Real Estate Taxes: Approximately $197.00 per year for entire property.
County: Polk
Fowler Auctioneers, Inc.
275 Hwy. 70 East
Glenwood, AR 71943
870-356-4848
Auctioneer/Broker: Nick D. Fowler, AALB Lc.#162 – PB00060028
Polk Road 482 Cove (Hatton) AR. 71937 Hatton is about halfway between Cove AR. and Wicks AR. on Hwy 71 and 27 Minutes south of Mena AR.
Property Inspection: Drive by or by appointment. Contact Auctioneer/Real Estate Broker: Nick D. Fowler 870-356-4848 to Schedule a tour.
Fowler Auctioneers, Inc.
275 Hwy. 70 East
Glenwood, AR 71943
870-356-4848
Auctioneer/Broker: Nick D. Fowler, AALB Lc.#162 – PB00060028
If you do not understand the Terms and Conditions of this Auction or any Fowler Auctioneers, Inc. Auctions PLEASE DO NOT BID. Contact our office with any questions you may have.
Notice: Top bid or bids will have to be APPROVED by Seller/Trustee !!
NOTE: YOU WILL BE BIDDING PER ACRE
Pre-Bids will Open the Live Auction
Live Auction Bidding Terms: North Side 34+/- Acres $10,000 down payment and South Side 69+/- Acres $10,000 down payment , 103+/- Acres, All Together $20,000 down payment due day of auction in the form of a cashier’s check (see down payment instructions below) , balance due at closing. Closing within 30 days. Title insurance and warranty deed furnished at closing, 10% buyer premium. Property Sold “as is, where is”, The Seller/Fowler Auctioneers, Inc. has the right to accept or reject any and all bids/offers.
Online Bidding Terms:
TRACT 1 ~ North Side 34+/- Acres $10,000 down payment
TRACT 2 ~ South Side 69+/- Acres $10,000 down payment
TRACT 3 ~ 103+/- Acres, All Together $20,000 down payment due on auction day or if bidding online by next business day after auction ends in the form of wire transfer (see down payment instructions below) , balance due at closing. Closing within 30 days. Title insurance and warranty deed furnished at closing, 10% buyer premium. Existing Survey provided at closing. Property Sold “as is, where is”, The Seller/Fowler Auctioneers, Inc. has the right to accept or reject any and all bids/offers.
Possession will be at closing, No Exceptions.
The Seller/Fowler Auctioneers, Inc. and Sellers/Trustee has the right to accept offers Made Prior to ending date of Auction.
Participation Requirements: Valid credit card required for online bidding approval, name, valid mailing address, and valid email address. NO EXCEPTIONS!! All property is sold ‘AS IS” . Buyer’s Contract: Your bids placed on the Fowler Auctioneers, Inc. website/bidding platform is a contract and you are responsible for paying all amounts due after upon seller approval. Non-paying bidders or fraudulent bidding will be subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. The Seller/Fowler Auctioneers, Inc. has the right to accept or reject any and all bids/offers. Top Bids will be by Seller/Trustee Confirmation!! Bidder will be contacted if they have the winning bid.
Real Estate DOWN PAYMENT Live Onsite Bidders and Online bidders is non-refundable and must be paid in full day of auction for Live Auction Bidders in the form of a cashier’s check and next business day after the close of the auction for Online Bidders in the form of Wire Transfer with the balance due in 30 days at closing. Purchaser will receive a general warranty deed at closing. Seller will provide purchaser an “owners” title insurance policy at closing. Buyer and Seller will be responsible for their closing cost. If for any reason Buyer fails to timely execute the Sale Contract or pay the deposit, Seller has sole discretion, to: pursue all legal and equitable remedies available against Buyer, charge the Buyers credit card on file for the down payment and/or declare Buyer’s bid to be immediately forfeited, null, and void, without any requirement of notice, and immediately re-sell the Property to another buyer. All properties are sold “as is, where is” no exceptions.
Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with any and all faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Fowler Auctioneers, Inc. represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions. You agree to hold Fowler Auctioneers, Inc./Seller and its employees harmless for any delayed closing issues. Fowler Auctioneers, Inc. is acting exclusively as an agent for Seller and not as an agent for any Bidder or Buyer. No third-party broker is acting as a sub-agent of Auctioneers. All properties are absolutely sold “as is, where is” with no contingencies. All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records. You acknowledge that the internet may be an unreliable and error-prone network. Fowler Auctioneers, Inc. will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion, we encourage you to enter your max bid in the case of a delay due to to possibility of low cell service. You agree to hold Fowler Auctioneers, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled at any time and if internet service is unstable or disrupts the online portion of any auction. The Terms of Auction shall bind Bidders and their agents, assigns, attorneys, beneficiaries, brokers, directors, distributes, employees, executors, heirs, legatees, officers, representatives, shareholders, and successors in interest. No deletion, modification, supplement, or waiver of any provision of the Terms of Auction shall be made, except by Auctioneer’s written revision. The following terms and conditions shall apply to all auctions held Live or Online, regardless of the type, size or kind of auction (live or online). Specific terms and conditions may be modified at any time prior to the commencement of the auction by Fowler Auctioneers, Inc. Any Bidder/Buyer agrees to abide by these terms and conditions or the terms and conditions of any future Fowler Auctioneers, Inc. auctions.
EXCLUSION/DISCLAIMER OF WARRANTY: Neither Seller nor Auctioneer makes any representations or warranties as to the accuracy or completeness of any information contained online at the Auction website (s), in the Auction brochure, live Auction or available at the Property.
Broker Participation: Fowler Auctioneers Inc. will pay 2% of the net auction price (hammer price) if client is the successful bidder who closes on the terms of the contract, including closing on the effective contract closing date. Client must be registered and bid 72 hours prior to Auction. Visit fowlerauctioneers.com to print a Broker Participation Form. Email to marketing@fowlerauctioneers.com or Fax to our office 870-356-4225. Receipt is not guaranteed so please follow up with a call to our office at 870-356-4848. The Client must fully complete and execute a Bidder Registration provided on our website. No oral registrations will be accepted. If the Client has previously been in direct contact with a representative from Fowler Auctioneers Inc. or is part of our Client Mailing List, the Broker/Sales Associate will not qualify for a commission. These terms and conditions are firm.
Fowler Auctioneers, Inc.
Nick D. Fowler, CAI – Auctioneer and Principal Broker
PB00060028 * AALB #162
Any or all information about this Auction is subject to change