|General Information: PUBLIC AUCTION
15.9+/- ACRE WATERFRONT FARM WITH HOME
& PERSONAL PROPERTY
FROM THE ESTATE OF GEORGE H. WALSON, LAUREL, DELAWARE
SATURDAY, JULY 1, 2006
9:30 A.M.-PERSONAL PROPERTY
12:30 P.M.-REAL ESTATE
Location: 11235 Laurel Road, Laurel, Delaware. From the intersection of U.S. Rt. 13 & Del. Rt. 24 in Laurel, travel east on Rt. 24 for approx. 0.3 miles. Property will be on left (Signs Posted).
Inspection: Wed., June 14 from 4:00 to 5:30 P.M., Wed., June 21 from 4:00 to 5:30 P.M., & Sun., June 25 from 2:00 to 3:30 P.M.
Personal Property: Victorian softwood washstand, primitive wall cupboard w/2 doors at top & 2 doors at btm., farm table pegged w/scrub top, oak washstand, 4 pc. mahogany bedroom suite, mahogany kneehole desk, mahogany gateleg table, mahogany cedar chest, oak bureau, Singer oak treadles sewing machine, corner cupboard w/arch door & 2 door btm., clothes tree, cane back & btm. rocker, 4 pc. bedroom suite, Clayton Marcus sofa, 7 pc. maple diningroom suite, cedar chest, secretary desk, swivel rockers, 2 pc. livingroom suite, floor lamps, end tables, coffee table, like-new GE refrigerator/freezer, Frigidaire electric stove, Magic Chef microwave, Sanyo portable color TV w/remote, Sessions dome mantel clock, walnut shadow box frames w/prints, miniature Wallace Nutting print, Fiestaware, American Fostoria, Gone w/Wind style lamps, Church plate, night lamps, linens, hand irons, several knick-knacks, dishes, pots, pans, any items too numerous to mention.
Tools & Equip.: Wooden wheel barrow, turkey & chicken coops, baskets of various sizes, fodder cutter, house jack, levels, pitchforks, scoop shovels, yard & garden hand tools, wrenches, sockets, pitcher head pump, wooden barrels, load rollers, single hole corn sheller, 3 p.h. 5 ft. disc, 3 p.h. scraper blade, 275 gal. diesel tank w/hand pump, scrap metal, & many items too numerous to mention.
Car & Lawnmower: 1997 Ford Taurus GL car, 4 door, loaded w/extras, 62,621 original miles, 1 owner (car to be sold at before real estate), Murray 12.5 h.p. 40” cut riding mower.
Real Estate: This breathtaking waterfront farm consists of 15.9+/- Acres of land improved with a two-story farmhouse and outbuildings and is identified on the Sussex Tax Map in District 3-32 Map 1.00 Parcel 97.00 and is further described in Will Book 56 Page 117. The property has approx. 600 ft. of frontage along Laurel Road (Del. Rt. 24) at its southerly boundary and approx. 450 ft. of frontage along Records Pond at its northerly boundary. The property consists of cleared farmland with a small amount of wooded land at its northern boundary along Records Pond. The property is improved with a 2.5 story farmhouse with aluminum siding. The home has a kitchen, diningroom, livingroom, and large front sitting room on the first floor and 3 bedrooms & full bathroom on the second floor. The home also features a front and side porch. The home has oil baseboard heat w/attached heater room. The property also features several outbuildings. The property is very well drained and offers sandy soils and gentle rolling slopes along with the scenic beauty of Records Pond. The property is nestled in a perfect location, just outside of Laurel town limits and only 0.3 mile from the Rt. 13 corridor and has never before been on the market.
Terms (Personal Property): Cash or Approved Check day of sale. A 10% buyer’s premium will be charged on all purchases. All items are sold “AS IS” must be paid for day of sale.
Terms (Real Estate): $40,000.00 non-refundable down payment on day of sale in the form of Cash, Cashier’s, or Certified Check made payable to Jos. C. O’Neal & Sons with the balance to be paid in 45 days when a good & marketable deed will be given. Buyer & Seller will equally share all State & County transfer taxes. State and County and municipal taxes and assessments to be adjusted as of the date of sale. Buyer will be required to pay all costs of preparing and recording the deed. The property is being sold in “AS-IS” condition. Failure to comply with these Terms of Sale will cause the down payment paid on day of sale to be forfeited and the property will be resold at the buyer’s expense. A 2.5% buyer’s premium will be added to the final selling price. Seller(s) have the right to accept or reject any or all bids, but it is their intent to sell said property to settle the Estate.