52+/- Acres of Farmland in Georgetown, Delaware
Saturday, 8 Oct, 2005 11:00 AM Selling for Eldridge O'Neal
21657 Paradise Road, Georgetown, Delaware Terms: See Below
Real Estate  
General Information: Location: 21657 Paradise Road, Georgetown, Delaware. From Rt. 113 in Georgetown, turn West onto Shortly Road (Delaware State Police Troop 4 is located on the corner). Travel West on Shortly Road for 2.9 miles and turn left onto Paradise Road. Travel for .6 mile and farm will be on left (Signs Posted).

Inspection: Bidders are encouraged to inspect the property anytime. An auction company representative will be on the premises Saturday, September 24 from 3:00 to 4:30 P.M., Thursday, September 29 from 4:00 to 5:30 P.M., and Sunday, October 2 from 2:00 to 3:30 P.M. Contact auction company for a Property Information Packet (PIP).

This magnificent property is identified on the Sussex County Tax Map in District 1-33 Map 10.00 Parcel 2.00. The property consists of 52+/- Acres of land on the northerly side of Paradise Road in Georgetown, Delaware. The property has approx. 1,700 ft. of frontage along Paradise Road. The farm will be offered for auction in two adjacent parcels separated by a ditch. The parcels will be offered individually and then offered together and sold whichever way produces the highest bid.

Parcel A: Parcel A is a near-rectangular shaped parcel and consists of approx. 18+/- acres of cleared pasture land. The parcel has approx. 678 ft. of frontage along Paradise Road and is approx. 1,800 ft. deep. The parcel is improved with a two-story farm house in need of restoration and repair, a large storage shed, and chicken house that has been used for storage. The parcel is also improved with a two-story horse barn and two small tack sheds. All outbuildings are in need of repair and restoration.

Parcel B: Parcel B is a near-rectangular shaped parcel and consists of 33+/- acres of unimproved farm land. The parcel has approx. 1,023 ft. of frontage along Paradise Road and is approx. 1,900 ft. deep. Approx. 7+/- acres of the southeastern portion of the parcel are wooded.

Terms: Parcel A: $30,000.00 down payment on the day of sale in the form of cash or certified check made payable to Jos. C. O’Neal & Sons. Parcel B: $50,000.00 down payment on the day of sale in the form of cash or certified check made payable to Jos. C. O'Neal & Sons. If Parcel A & B are sold together: $80,000.00 down payment in the form of cash or certified check made payable to Jos. C. O'Neal & Sons with the balance to be paid in 60 days when a good and marketable deed will be given. Buyer & Seller will equally share all State & County Transfer taxes. Buyer will be required to pay all costs of preparing and recording the deed and any other costs that may occur. The property is being sold, “AS IS”. A 2% Buyer’s Premium will be added to the final selling price. Sellers reserve the right to accept or reject any or all bids, but it is their intent to sell said property.






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