Online Auction: 219± Acres – 11 Tracts

  • Incredible Mountain and Countryside Views
  • Secluded Setting
  • Close proximity to Interstate 81
  • Mostly Wooded Land
  • Abundant Wildlife
  • Recently Surveyed
  • Great potential for Residential and Recreational Uses

Auction Tract Acreage (±)
1 (Under Contract) 30.00
2 (Under Contract) 2.00
3 (Under Contract) 24.478
4 21.205
5 20.03
6 20.002
7 20.003
8 20.007
9 20.010
10 20.177
11 21.762

30 Minutes from Downtown Roanoke and Downtown Blacksburg!

Directions

From Roanoke; Take Interstate 81 South 16 miles, Take exit 128 to Ironto. Travel 600 feet and take right onto N Fork Rd, Travel 500 feet and take right, in 500 feet turn left onto Reese Mountain Rd. See signs for parcels on left, travel further up Reese Mountain Rd to see additional parcels.

Broker Participation Offered (2% of High Bid)
5% Buyer’s Premium

More Information Coming Soon

Smith Mountain Lake Waterfront Estate and Land Auction

356 Acres with 3.2 Miles of Lake Frontage
37 parcels / 29 Lakefront

29 of the best waterfront lots on Smith Mountain Lake.
Large acreage and lots of water frontage.

 

“Never Before” And Possibly “Never Again” Such an Offering on Smith Mountain Lake!

Auction Tract 1: 14.377± Acres. Nice wooded tract close to the lake
Auction Tract 2: 20.608± Acres. 754′ Water Frontage. Large wooded waterfront property with additional access off Montevista Road
Auction Tract 3: 14.494± Acres. 514′ Water Frontage.  Waterfront wooded lot with mountain views
Auction Tract 4: 19.335± Acres, 812’ of waterfront, sandy beach, big water view
Auction Tract 5: 6.763± Acres. 318′ Water Frontage. Big water/mountain view from a wooded lake lot
Auction Tract 6: 5.2± Acres. 326′ Water Frontage. Nice gently sloping lot with big water views, some open land
Auction Tract 7: 5.2± Acres. 455′ Water Frontage. Long water frontage with wide water views
Auction Tract 8: 5.223± Acres. 369′ Water Frontage. Nice gently sloping lot with its own private cove
Auction Tract 9: 5.147± Acres.  615′ Water Frontage.  Partial point lot, big water views and lots of water frontage
Auction Tract 10: 5.221± Acres.  917′ Water Frontage.  The best of the best over 900 feet of water frontage and big point looking at big water and Smith Mountain
Auction Tract 11: 5.176± Acres. 794′ Water Frontage. Amazing semi point lot, main channel, lots with awesome views. Nice! Nice! Nice!
Auction Tract 12: 5.205± Acres.  779′ Water Frontage. Beautiful waterfront lot with big water views
Auction Tract 13: 5.966± Acres. 838′ Water Frontage.  Nice level waterfront lot with gentle slope, open fields and woodland
Auction Tract 14: 7.873± Acres.  551′ Water Frontage.  Amazing waterfront lot, wildlife galore and large open field
Auction Tract 15: 12.264± Acres.  667′ Water Frontage.  Nice private lake lot feels very secluded. Part wooded and part open fields
Auction Tract 16: 17.032± Acres.  444′ Water Frontage.  Great waterfront lot, open and wooded land
Auction Tract 17: 5.187± Acres.  478′ Water Frontage.  Open field and woodland area, long water frontage
Auction Tract 18: 5.2± Acres.  559′ Water Frontage.  Long view and lovely point lot
Auction Tract 19: 5.372± Acres.  632′ Water Frontage.  Great beach lot with amazing view
Auction Tract 20: 5.142± Acres.  1,019′ Water Frontage.  One of the best! 1,019 feet of big water frontage!!! And a beach
Auction Tract 21: 5.383± Acres.  834′ Water Frontage.  This is the one with 4’ x 8’ banner sign, you have seen it from the water. Another top pick. Mostly open pasture
Auction Tract 22: 5.193± Acres.  862′ Water Frontage.  Check out this view for sure. Looking back into Bull Run, mostly open, long waterfront
Auction Tract 23: 5.05± Acres.  488′ Water Frontage.  This is a waterfront point lot. Mostly open
Auction Tract 24: 5.15± Acres.  661′ Water Frontage.  Great building site and look at how gentle to water it is
Auction Tract 25: 5.2± Acres.  388′ Water Frontage.  Point lot with great view up Bull Run
Auction Tract 26: 5.2± Acres.  437′ Water Frontage.  Just like 25 an amazing lot with open pasture
Auction Tract 27: 5.196± Acres.  321′ Water Frontage.  Nice waterfront lot, open land
Auction Tract 28: 5.3± Acres.  227′ Water Frontage.  Nice waterfront lot with gentle slope, mostly open
Auction Tract 29: 8.044± Acres.  220′ Water Frontage.  Look at buying this one and add 30 – 31 and maybe 32. Look at what an amazing place you would put together
Auction Tract 30: 18.927± Acres.  764′ Water Frontage.  Nice waterfront lot
Auction Tract 31:30.487± Acres.  Nice, private, heavily wooded building tract
Auction Tract 32: 31.278± Acres.  Nice, private, wooded building tract
Auction Tract 33: 21.92± Acres.  Nice building tract on Dillards Hill Road
Auction Tract 34: 15.811± Acres.  Nice building tract on Dillards Hill Road
Auction Tract 35: 12.832± Acres.  Nice wooded tract on Dillards Hill Road


Auction Tract 36: 26± Acres. 658′ Water Front. 6 Bedroom, 8 Bath Manor Home.
Appalachian Power Company and Franklin Real Estate have decided to offer their beloved Penn Hall Manor to the public. This cherished property will be offered with 26 private acres having 658 feet of water frontage. The Penn Hall Manor was formally owned by the Brown family and was known as the B-Bar-B Ranch. During those years the home acted as the nucleus of the farm, having 6 bedrooms and 8 baths (6 above grade, 2 in basement), commercial kitchen and lots of areas to enjoy the peaceful surroundings. This property is perfect for a wedding venue, event center, corporate retreat or just a quiet, private family compound. There is a large barn also as part of the grounds that could be used for everything from storage to event related uses.
Auction Tract 37: Brick house on 4 acres. This house has 3 bedrooms and 1 bath with a full basement. It is located at the entrance of Penn Hall Manor and would make for a great caretaker/staff home for Penn Hall. This home was used by AEP as office space. This property is being sold subject to a lease to AEP for the following 12 months.

Directions

Old Franklin Turnpike (Rte. 40) at Union Hall turn North on Kemp Ford Road (Rte. 945). Go 1.5 miles and turn right onto Dillards Hill Road (Rte. 663). Go 1.6 miles and property will be on the right.

Articles

Virginia’s Smith Mountain Lake Has Been Named One Of The Best On The East Coast

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Smith Mountain Lake’s 356-acre Penn Hall tract heading to auction later this year

Click to View Article

Broker Participation

Any broker actively licensed in the Commonwealth of Virginia whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement by the Seller.  Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Broker’s license number and Federal Tax ID number.  The form must be received in the office of Woltz & Associates, Inc. by noon on Wednesday, December 1, 2021. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with seller or auction company are not eligible. Only one registered bidder per agent.

Terms & Conditions

1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 3:00 PM. Please bring a driver’s license for identification.
2. AUCTION SALE: The property is being sold subject to seller confirmation of the high bid ALL CONFIRMED SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
3. FINANCING: Your bidding and purchase of the property is NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
5. BIDDING: Qualified bidders may bid on individual tracts or any grouping of tracts. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
7. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
8. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
9. LEAD PAINT: The homes in this auction were built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. Bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
10. REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to Woods Rogers PLC, Escrow Agent. Personal checks will be approved if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
11. REAL ESTATE DEED: The real estate will be conveyed by special warranty deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on January 18 – April 26, 2022. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
12. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations.
13. GENERAL: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.

For Online Bidding Instructions, please contact a sale manager for  
  “The Shores of Penn Hall” & “The Manor at Penn Hall.”
Russell Seneff- 540-765-7733,   Jim Woltz- 540-353-4582,   or Kara Ferguson- 540-797-7711

 

SOLD – Real Estate Auction: Historic National Landmark-The Natural Bridge of Virginia

Natural Bridge, Virginia
Real Estate Auction
Historic National Landmark-The Natural Bridge of Virginia

For Immediate Release
Contact: Jim Woltz / 540.342.3560

Natural Bridge of Virginia Has a Bright Future
Owner generously gifts the Bridge and 188 acres—valued at $21 million—
to Virginia Conservation Legacy Fund

Natural Bridge, Va. (Feb. 6, 2014)—Woltz & Associates, Inc. today announced the sale of Virginia’s historic Natural Bridge and 1,500 surrounding acres to the Virginia Conservation Legacy Fund (VCLF).   In the coming years, as part of the terms of the agreement, VCLF will deed Natural Bridge and its surrounding properties to the Commonwealth of Virginia to become a Virginia State Park.  This arrangement was made possible because the Bridge’s owner, Angelo Puglisi, generously gifted the Bridge and 188 acres of the property—valued at $21 million—to VCLF.    

Since 1988, the Natural Bridge, the hotel, attractions and more have been owned and operated by Washington, DC area real estate developer Angelo Puglisi.  He purchased it all with the intent of keeping it accessible to visitors forever.    

Commenting on the new ownership, Puglisi said, “This incredible property is filled with inspiring splendor and history.  I am pleased that this national landmark—once owned by Thomas Jefferson and surveyed by George Washington—now has a path into the Virginia State Park system that will allow upcoming generations to enjoy it just as I have enjoyed it.” 

Jim Woltz, President of Woltz & Associates, said, “This agreement has been months in the making and we’re very pleased with the result.  It’s a great accomplishment to put the last piece of a complicated puzzle together.  The result is a tremendous benefit to the region and the state.  It would not have happened without such a wonderful owner and seller, Angelo Puglisi.”

Multiple parties—including the Virginia Department of Conservation and Recreation (DCR), the Department of Environmental Quality and numerous conservation groups and organizations—worked together to find a solution that was true to Mr. Puglisi’s vision to preserve Natural Bridge and its surroundings for visitors for years to come.

“I admire Mr. Angelo Puglisi and his efforts to conserve Thomas Jefferson’s Natural Bridge for the benefit of future generations. Virginians, indeed all Americans, should be grateful. One of our nation’s most iconic natural landscapes is now protected in perpetuity,” said Joe Elton, Interim Director, Virginia Department of Conservation and Recreation.

VCLF will purchase the balance of the conservation land assets of 1,300 acres with a loan from the Virginia Clean Water Revolving Loan Fund administered by the Virginia Department of Environmental Quality and the Virginia Resources Authority.  Repayment of the loan will be funded through donations and operations of the Bridge.  Upon repayment of the loan, the property and operations will be conveyed to DCR—managers of the Virginia State Park system.

The Natural Bridge itself is designated as a Virginia Historic Landmark as well as a National Historic Landmark.  Known as one of the world’s natural wonders, the Natural Bridge of Virginia has attracted visitors from around the globe since the time of Thomas Jefferson’s ownership.  It is a significant local, regional and national attraction.

Woltz added, “Through the work of many people, Natural Bridge will remain one of the top scenic destinations not only in Virginia but across the U.S.”

###

About Woltz & Associates:
Woltz & Associates, Inc. is one of the Mid-Atlantic’s largest real estate auction/brokerage companies and specializes in estates, farms, ranches, commercial, industrial and investment properties, residential developments, office buildings, and timber, hunting and recreational land.

About Virginia Conservation Legacy Fund:
Virginia Conservation Legacy Fund, Inc. (“VCLF”) is a nonprofit organization which seeks to conserve an appropriate portion of Virginia’s natural resources for public access and enjoyment. Their work in preserving and restoring wildlife habitat is also designed to create economic activity through the recreational and mixed use of Virginia’s vast forests and open spaces. VCLF is a member of the 25 year old Roanoke, Va.- based Kissito Healthcare, Inc. (“Kissito”) a nonprofit charity working both domestically and internationally in health, aging, nutrition, and human development. The relationship between health, nutrition, and our natural environment is well documented. VCLF and Kissito seek to blend these three disciplines to improve the quality of life for the people of Virginia while sustaining our natural resources.

About the Natural Bridge:
The Natural Bridge is a portal to U.S. history.  Easy to get to and hard to forget, it is just off­ Interstate 81 in Virginia’s Shenandoah Valley.   Over five million years old, standing 215 feet at its highest reach, surveyed by George Washington and once owned by Thomas Jefferson, the Natural Bridge is in the esteemed list of being one of the most notable natural wonders of the New World.

To Be Sold at Auction: The Natural Bridge • The Natural Bridge Hotel • The Natural Bridge Gift Shop • The Caverns Of Natural Bridge • The Natural Bridge Wax Museum • 1600± Contiguous Acres Offered in 35 Individual Tracts.

The Natural Bridge of Virginia sits in the southern end of Rockbridge County, flanked by the Blue Ridge Mountains. Forged by nature millions of years ago, the solid limestone bridge stands 20 stories high with a span of 90 feet.

Known as one of the world’s natural wonders, the beauty and spectacle of The Natural Bridge of Virginia has attracted visitors from around the globe since the time of Thomas Jefferson’s ownership and continues today to be a significant local, regional and national attraction. During colonial times and into the early Republic, the Natural Bridge was considered one of the most notable natural wonders of the New World. Today the bridge itself is designated as a National Historic Landmark as well as a Virginia Historic Landmark.

It is doubtful that many properties exist today that are still privately owned which offer so much legacy and history. At the age of 18, George Washington is said to have surveyed the property for Lord Fairfax in 1750. Washington, as the story is told, is said to have scaled some twenty-three feet up the southeast wall of the Bridge and chiseled “G.W” into the stone wall. Thomas Jefferson first saw the Natural Bridge in August of 1767. On July 5, 1774, King George III granted 157 acres of land, including the Natural Bridge to Thomas Jefferson for 20 shillings. The history of the Natural Bridge is rich and deep and offers an incredible opportunity to private investment funds/individuals, hotel operators/investors, conservation groups, developers, land investors and individuals looking for a beautiful Virginia parcel of land to construct their own estate or dwelling.

The Bridge is a stone arch spanning a distance of 90 feet and towering 215 feet above Cedar Creek. Rockbridge County is named for the Bridge. U. S. Route 11 passes directly over the Natural Bridge and was the primary north-south corridor for travel and transportation through the Shenandoah Valley. Visitors can either walk down to the trail head on Cedar Creek or take a short bus ride. The trail under the Bridge and along Cedar Creek begins at the Summer House. At the Summer House visitors can enjoy beverages and food in the open dining area. The trail then leads to the Natural Bridge where visitors linger and take in the massiveness of this stone arch. From the Bridge, the Cedar Creek Nature trail continues through the Cedar Creek Gorge passing the Monacan Indian Village complete with interpreters and ending at Lace Falls. Visitors then return each evening to the Bridge to witness the Drama of Creation light show.

Hotel

The second most significant feature of The Natural Bridge of Virginia is the famous Natural Bridge Hotel and Conference Center. The Hotels is a three story brick structure constructed in 1964 replacing the historic frame hotel. The Hotel is 71,640 square feet and boasts 92 guest rooms. The main floor includes lobbies, gift shop, offices, and restrooms, Jefferson Ballroom (5,600 square feet), Colonial Dining Room (Seats 200) and Kitchen. The Red Fox Lounge adjoins the Colonial Dining Room and seats 50. Adjacent to the main hotel is the Annex. This is a three story brick structure built in 1952 with 9,720 square feet and 30 guest rooms. In addition to the Annex there are eight brick cottages in close proximity to the Hotel which have an additional 36 guest rooms. The Natural Bridge Gift Shop is a 50,990 square foot brick building built in 1954 having slate roof and full two story columns on the front. On the first floor it houses the gift shop, restaurant, ticket sales, offices, restrooms and candy counter. On the lower level one will find restrooms, game room, butter fly exhibit and entrance to bus and Bridge pathway. The Natural Bridge Caverns are located a short distance north of the Hotel and have been opened to the public since 1977. Visitors enjoying the Natural Bridge Caverns tour descend more than 34 stories deep into the earth. The tour is highlighted by Mirror Lake, the Waterfall Room, the Canyon Room, the Colossal Dome Room, and the Wishing Well Room. The Cavern building was built in 1980 and houses the gift shop and entrance to the Caverns. Another major attraction at the Bridge is the Natural Bridge Wax Museum. The Wax Museum building is a two story brick structure built in 1957 with 14,052 square feet of space and also part of gift shop tract. For many years it has been leased to Dorfaman Museums who run the exhibit and have their workshop located here.

Directions

From I-81 Southbound take exit 180 and then Route 11 south. From I-81 Northbound take exit 175 and then north on Route 11.

Distances to Natural Bridge:
Blacksburg, VA – 69 miles
Charlottesville, VA – 80 miles
Fredericksburg, VA – 150 miles
Harrisonburg, VA – 70 miles
Lexington, VA – 16 miles
Lynchburg, VA – 35 miles
Norfolk, VA – 195 miles
Richmond, VA – 35 miles
Baltimore, MD – 226 miles
Charleston, WV – 195 miles
Charlotte, NC – 225 miles
Washington, DC – 180 miles
Asheville, NC – 270 miles

 

 

SOLD – Land Auction: Indiana Hardwood Timberland

Session A: 6,256± Acres – 64 Tracts in Martin, Lawrence & Orange Counties, IN

  • Mostly Upland Hardwoods – Oak, Walnut, Maple, Poplar
  • Sawtimber with Well Managed Timber Stands
  • Building Sites, Hunting & Recreational Tracts
  • Good Access with Most Having Public Road Frontage

HIGHLY PRODUCTIVE SOILS FOR QUALITY HARDWOOD GROWTH!
These properties support mostly upland hardwoods such as white oak, red oak, sugar maple, black walnut, black cherry and yellow poplar with a significant volume of sawtimber. It is currently estimated that the Indiana tracts support approximately 28,000,000 Bd/Ft. of sawtimber. The timber has been well managed with an overall management goal of producing quality sawlogs. Timber harvesting has been performed for the most part by company crews employing a selective system of harvesting. Trees selected for removal included not only stems that have reached maturity, but also trees of poor quality and less desirable species, therefore, improving the overall quality of the growing stock. Access is generally good with many tracts having frontage on public roads. Several properties have shared boundaries with the Hoosier National Forest.

PROPERTY DESCRIPTION:

TRACT 1: Orange Co. 140± Acres. High quality hardwoods ready for a second rotation select cut. Species include hard maple and white oak. Road frontage along CR 425N.

TRACT 2: Orange Co. 273± Acres. Rolling topography made up mostly of quality mature hardwood stands with scattered pine mixed in. Potential building site with public water available. Unique subsurface Lost River on the property as well as a mixed hardwood stand including hard maple and white oak.

TRACT 3: Orange Co. 270± Acres. Rolling woodland with frontage on hard surface CR 775N with a mixture of hardwoods and pines. Public water is available. A good potential development tract. There are field plantings from the 1990’s and mixed hardwoods including yellow poplar, white oak, and red oak. Excellent wildlife habitat.

TRACTS 4-5: Orange Co. 114± Acres. Quality hardwood stands with road frontage on two sides. Just minutes from Paoli and SR 37. The property supports a mixed hardwood stand including yellow poplar.

TRACTS 6-10: Orange Co. These tracts adjoin Hoosier National Forest and contain the following predominate species: white oak, red oak, and hard maple.
Tracts 6-7: 435± Acres. Mostly hardwoods with white oaks having a high percentage of veneer class trees. Walnut plantations in the bottoms planted in the 1960’s and ready for select harvests in 20 years. Topography is rolling with Sulphur Creek running through it and several scenic rock bluffs. Excellent habitat for wildlife. Tracts border the Hoosier National Forest.
Tracts 8-9: 125± Acres. Quality mature hardwood stands with good access and county road frontage. Tracts border the Hoosier National Forest.
Tract 10: 88± Acres. Hardwood stand, selectively cut in 2001. This tract is surrounded by the Hoosier National Forest. Vehicle access has been granted temporarily and periodically on a private road through the Hoosier National Forest. Permanent vehicle access would need to be negotiated with the USFS.

TRACTS 11-14: Martin Co. 195± Acres. These tracts vary in size from 20 acres to 80 acres, quality hardwood stands with county road frontage. There are old field plantings of loblolly pine and yellow poplar from 1976 and mixed hardwoods of white oak, yellow poplar, northern red oak, black oak, and ash. These tracts border the Martin State Forest.

TRACTS 15-22: Martin Co. 527± Acres. These tracts vary in size from 36 acres to 85 acres with frontage on US 50 & Sutton Rd. Public water is available along Sutton Rd. Imagine the possibities! These tracts include native hardwoods and field plantings of loblolly, virginia, and shortleaf pine. Dominate hardwood species include yellow poplar and black walnut.

TRACT 23: Lawrence Co. 95± Acres. A secluded tract, all wooded with county road access. Adjoins the Martin State Forest. Dominant species include white oak and black oak.

TRACTS 24-27: Martin Co. 292± Acres. Wooded with hardwoods and pines. White River frontage with a level to rolling topography and county road frontage. Tracts 24 and 25 contain a large 33 year old walnut plantation where over 20,000 walnut seedlings were planted in the mid 1970’s along with a native hardwood mix of predominantly white oak and red oak. Partial select harvest was done 5 years ago.

TRACTS 28-45: Martin Co.
Tracts 28-30: 143± Acres. A combination of cropland and hardwoods with predominate species of white oak, and red oak. Tracts range from 30 acres to 73 acres and have county road frontage.
Tracts 31-45: 1,564± Acres. This contiguous property has tracts ranging in size from 14 acres to 295 acres with a combination of woods and tillable land. Public water is available! You will find some of the best wildlife habitat in southern Indiana, wetland area for waterfowl and level to rolling topography on this property. White oak, black oak, hard maple, and yellow poplar are found throughout these tracts. Good interior road network. Tract 35 includes the Mustering Elm Park with its free flowing springs!

TRACTS 46-47: Martin Co. 135± Acres. Wooded tracts with easy access. Close to SR 450. This property joins the Martin State Forest. Selectively harvested two years ago.

TRACT 48: Martin Co. 2± Acres. 4 platted lots adjacent to Indian Springs. Good elevation and road frontage on 3 sides.

TRACTS 49-51: Martin Co. 231± Acres. A wooded tract adjoining Crane Naval Center to the north. Tract 51 has public water available along the county blacktop road. Good hunting tracts! There are stands of yellow poplar, hard maple, and hickory on the property. There is also a 35-year-old white pine planting. These tracts have been marked for a select harvest and are ready to cut.

TRACTS 52-53: Martin Co. 76± Acres. Mixed hardwood property with frontage along County Farm Road and owned access to CR 126. Public water available!

TRACTS 54-58: Martin Co. 988± Acres. Mixed hardwood property with frontage along SR 550 and public water available. Tracts from 52 acres to 360 acres. Great recreational tract with future development potential. Predominate species include: white oak, hickory, and yellow poplar.

TRACT 59: Martin Co. 80± Acres. All wooded with hardwood and pine. Public water available.

TRACTS 60-61: Martin Co. 157± Acres. Mixed hardwood property, fronting US 150. Great access to French Lick and West Baden Springs! Predominate species include: yellow poplar, black oak, and sycamore. A 30 year old black walnut plantation is along US 150 on tract 61.

TRACTS 62-64: Martin Co. 320± Acres. Wooded with some open areas – good for food plots. Access off of US 150 via an easement for Tract 62 and via county road (by church) to Tracts 63 and 64. Property includes hunting cabin and sawtimber size mixed hardwoods.

Session B: 3,166 ± Acres – 55 Tracts in Orange, Dubois, Crawford and Perry Counties, IN

  • Mostly Upland Hardwoods – Oak, Walnut, Maple, Poplar
  • Sawtimber with Well Managed Timber Stands
  • Building Sites, Hunting & Recreational Tracts
  • Good Access with Most Having Public Road Frontage

HIGHLY PRODUCTIVE SOILS FOR QUALITY HIGHLY PRODUCTIVE SOILS FOR QUALITY HARDWOOD GROWTH!
These properties support mostly upland hardwoods such as white oak, red oak, sugar maple, black walnut, black cherry and yellow poplar with a significant volume of sawtimber. It is currently estimated that the Indiana tracts support approximately 28,000,000 Bd/Ft. of sawtimber. The timber has been well managed with an overall management goal of producing quality sawlogs. Timber harvesting has been performed for the most part by company crews employing a selective system of harvesting. Trees selected for removal included not only stems that have reached maturity, but also trees of poor quality and less desirable species, therefore, improving the overall quality of the growing stock. Access is generally good with many tracts having frontage on public roads. Several properties have shared boundaries with the Hoosier National Forest.

PROPERTY DESCRIPTION:

TRACTS 1-3: Dubois Co. 218± Acres. These tracts are only minutes outside of Jasper with frontage on paved Meridan Road neighboring Sultans Run Golf Course. Property has a long frontage on the Patoka River, and support both sawtimber size bottomland and upland hardwoods species, including ash, sweetgum, soft maple and yellow poplar. Besides the exceptional timber quality these tracts offer a great wildlife habitat! Excellent road network throughout.

TRACTS 4-9: Martin Co. Tracts 4 – 8: 225± Acres. These tracts have road frontage on Burns Lane and support a substantial volume of black oak, red oak and white oak sawtimber. In addition, there are several wide flat old field ridges that support 15 year old planted virginia and white pine. This diverse forest type provides a good wildlife habitat.
Tract 9: 82± Acres. This well managed tract was selectively harvested in 2005. It has road access off of CR 47. The predominant species is oak and hickory with area of regenerated yellow poplar. Rural water is available.

TRACTS 10-15: Orange Co. 204± Acres. These exceptional tracts are only minutes from French Lick and all have frontage on paved county roads. Tracts 10-13 have access to the Army Corp maintained watershed lake. A beautiful setting for recreation or a residence! These tracts support black oak, red oak and yellow poplar sawtimber. Rural water is available.

TRACT 16: Dubois Co. 60± Acres. Conveniently located on SR 56 just west of French Lick, the tract was last harvested in 2001 and now supports a well managed stand of hard maple and yellow poplar. There is a small stream on the property, and rural water is available. Imagine the possibilities!

TRACTS 17-18: Dubois Co. 75± Acres. These tracts have frontage on a county road and border the railway being renovated to access the French Lick Casino from the Jasper area. Dillon Creek runs through the bottom. The timber is well managed, having had an improvement cut in 2006 and now support hard maple, and yellow poplar. An excellent property!

TRACTS 19-20: Orange Co. 170± Acres. These tracts are each easily accessed from paved county roads with new stone on the access into Tract 19. Abundant wildlife can be found due to the diversity of the habitat in the area. Tract 19 was last harvested in 1994 and now supports quality sawtimber with the dominant species being yellow poplar, white oak and red oak. Tract 20 had an improvement cut in 2005 and now supports white oak, chinquapin oak, black oak and sugar maple. Rural water is available on Tract 20.

TRACTS 21-22: Orange Co. 285± Acres. These great tracts join the Hoosier National Forest. Tract 21 has access from a paved county road. Tract 22 is a swing tract and must be combined with Tract 21 unless purchased by an adjoining neighbor. An improvement cut was applied to these tracts in 1999. They now support a significant volume of sawtimber with the dominant species being black oak, red oak and white oak. There are a few old fields that were planted to pine prior to the 1950s. Rural water is available.

TRACTS 23-27: Orange Co. 309± Acres. These very desirable tracts are located just outside of the village of Valeene, all with frontage on paved county roads. Tract 27 joins the Hoosier National Forest and has a mature high quality stand of hardwoods. It also has frontage on the Patoka River. Tract 26 supports a significant volume of sawtimber made up of black oak, white oak and yellow poplar. Tracts 23-25 support predominant stands of white pine and red pine that were planted in the early 60s following the abandonment of agricultural fields that used to grow broom straw. A great opportunity to buy at auction!

TRACTS 28-30: Orange Co. 214± Acres. These are exceptional tracts with each having frontage on the beautiful Patoka River. Tracts 28 and 29 support walnut plantations which were established in the early 1970s. Tract 30 supports predominantly black oak, white oak, hickory and yellow poplar with the last silvicultural operation being carried out in 2002. A fresh water spring flows from the hillside on tract 30.

TRACTS 31-32: Orange Co. 150± Acres. These great hunting tracts are easily accessed off of a county maintained road. The predominant species on these tracts include: black oak, white oak and hickory. It was harvested in 1993 by the previous landowner. A small stream borders Tract 31.

TRACT 33: Crawford Co. 173± Acres. This large tract offers timber value and exceptional hunting potential. The last silvicultural activity was carried out in 1991 leaving a stand of sawtimber dominated by yellow poplar, hard maple and black oak. There are areas of old field plantations of white pine. The property is easily accessed from paved county road frontage. A great location near Patoka Lake! Rural water is available.

TRACTS 34-36: Crawford Co. 190± Acres. These are great investment tracts located just off of SR 64. There is timber value and great hunting potential. These tracts had an improvement cut in 2006 and now support a well managed stand of white oak, black oak, red oak and hickory. Tract 34 and 36 join the Hoosier National Forest.

TRACTS 37-51: Dubois Co. 610± Acres. This property includes a great mix of tillable and timberland containing pine plantations and mixed hardwoods. Tract 37 includes an old field plantation of loblolly and white pine along with a nice pond. Agland buyers should consider combining Tracts 38-40, 47, 59 & 50 for approx. 112 acres tillable. There is an old homestead and barn on Tract 40, a horsebarn on Tract 45 as well as a barn on Tract 50. There is great paved road frontage on Mentor Rd and rural water. Tract 43 contains black and white oak with some sawtimber volume. Tracts 44, 49, & 51 adjoin the Ferdinand State Forest. This property has something for everyone. Rural water is available along Mentor Rd.

TRACTS 52-55: Perry County 200± Acre. These tracts are located just north of I-64 and are easily accessed off of a county maintained road. The last silvicultural activity on these tracts was in 2000. They now support sawtimber size hardwoods with the predominant species being red oak, white oak, and yellow poplar. There are also old field plantations of white pine that were established in 1966. Tract 52 borders a piece of the Ferdinand State Forest.

Session C: 5,341± Acres in Meade, Breckinridge, & Butler Counties, KY
690± Acres in Perry, Crawford & Harrison Counties, IN

  • Mostly Upland Hardwoods – Oak, Walnut, Maple, Poplar
  • 16,000,000 Bd/Ft. Sawtimber
  • Well Managed Timber Stands
  • Building Sites, Hunting & Recreational Tracts
  • Good Access with Most Having Public Road Frontage

PROPERTY DESCRIPTION:
Tracts 1-10: Meade Co., KY – 2590± Acres which offer a great timber investment and hunting and recreational opportunity. Located near the Ohio River this well managed tract is very accessible with three public road access points and a system of interior roads. These tracts have a diverse wildlife and native plant composition. An area called the Lapland Barrens is a native glades area with a variety of wildflowers and native grasses which has been partially renovated by the cooperative effort of Kimball, the KY Fish & Wildlife and The Nature Conservancy. The barrens are home to a wide variety of butterflies and skippers managed and inventoried annually by The Kentucky Nature Preserves. The property has been well managed for the production of quality hardwood sawtimber with the major species being white oak, black oak and chestnut oak. Timber harvesting activities have been designed to selectively remove low quality species and stems favoring the better quality growing stock resulting in residual stands of quality sawtimber. The green shaded interior road will be a privately maintained road with a private road maintenance agreement unless all adjoining tracts are purchased in combination by one buyer.

Tracts 11-14: Meade Co., KY – 437± Acres with excellent accessibility, tracts having frontage on paved county roads. These tracts were selectively harvested in 2006 and 2007. The residual growing stock is made up of sawtimber size white oak, yellow poplar, black oak and hard maple.

Tract 15: Breckinridge Co., KY – 111.5± Acre wooded property with frontage on SR 259 (Mooleyville-Ammons Rd). The predominant species include white oak and black oak. Timber harvesting activity was carried out in 1990. This tract borders the Yellow Bank State Forest.

Tract 16-22: Breckinridge Co., KY – 1,117± Acre contiguous timberland property. Three access points off of county maintained roads provide good access into the tracts. Tracts 16, 17 and 20 have frontage on Town creek which provides water access to the Ohio River. Tract 16 has its own boat landing. The property offers a variety of timberland cover and wildlife habitat with major species composition being ash, white oak, yellow poplar and hard maple. Selective timber harvesting activities have taken place in 2001. (Tracts 17 & 21 will require easements over Tracts 16 & 20 respectively.) “Swing Tract” 22 must be bid on by an adjoining landowner or purchased in combination with Tracts 19 or 21.

Tract 23: Breckinridge Co., KY – 80.4± Acre wooded tract which was last harvested in 2005. Select harvesting has been done to remove cedar and undesirable species. This tract has gently rolling terrain with good timber trails throughout. There is currently no legal access. Access has been across a short distance of the neighbor by verbal permission.

Tract 24: Butler Co., KY – 1005.6± Acres which offers timber investment potential as well as hunting and recreational opportunities. Access is provided by frontage on Region Rd. A salvage harvest as a result of wind damage was carried out near the road frontage on a approximately 75 to 80 acres in 2005. Timber specie composition is stocked heavily with young white oak.

Tracts 25-28: Perry Co., IN – 160± Acres located near the Ohio River are easily accessible with road frontage on a county maintained road. The dominant species are hard maple, red oak and yellow poplar. Small sawtimber make this a good potential timber investment. These tracts lie in the heart of the German Ridge Recreation Area of the Hoosier National Forest.

Tract 29: Harrison Co., IN – 200± Acres last harvested in 2004. The dominant species include ash, white oak, chinquapin oak and red oak. Little Mosquito Creek runs through the property. This tract has no current legal access. Access has been through the neighbor by verbal permission in exchange for hunting rights. This tract borders The Nature Conservancy’s Harrison County Glade Complex. There is an existing gas lease on this property with potential for gas royalties.

Tract 30: Crawford Co., IN – 210± Acres with excellent timber and easy access to county maintained McClure Road. Turkey Fork Creek runs through the property. The tract supports sawtimber size timber with the predominant species being white oak, red oak, yellow poplar and black oak. There has been no timber harvesting activity on this tract since 1987. This tract has excellent recreational potential with food sources of nearby crop lands, composition is well stocked with mast producing species, and a running water source throughout. An extensive network of wood trails are maintained for easy access and viewing.

Tract 31-33: Perry Co., IN – 80± Acres with good road frontage on paved county roads. These tracts offer potential building sites as well as timber investment. The timber type is mixed hardwoods including white oak, red oak, and black oak of small to medium sawtimber size. A selective harvest was carried out in 2006.

Tract 34: Perry Co., IN – 40± Acres accessed from a 30ft. deeded right of way. The property supports predominantly a stand of mixed hardwoods consisting of white oak, black oak, red oak and yellow poplar. A selective harvest was carried out in 2008.

All properties have been certified by The American Tree Farm System (ATFS). ATFS is committed to sustaining forests, watershed and healthy habitats through the power of private stewardship. ATFS has established standards and guidelines under which private forest owners develop a management plan based on strict environmental standards and pass an inspection every five years.

Sale Held in Conjunction with Schrader Real Estate and Auction Co., Inc.

SOLD – The Great Blue Ridge Mountain Auction

The Great Blue Ridge Mountain Auction
In the Heart of Bluegrass Music Country

13,000 Acres offered in 200 Tracts
Ranging From 5 Acres to 500 Acres

 

View Site: http://valandauction.com/310/

 

SOLD – Absolute Auction: 5,340 Acres offered in 23 Tracts

SOLD – Auction: West Elk Ranch

Woltz Auction – Glenwood Springs, CO
34 Acreage Tracts of 35± to 66± Acres Each
10 Tracts SOLD ABSOLUTE
Located Between Aspen & Vail

West Elk Ranch is located 24 miles Northwest of Glenwood Springs, Colorado. This magnificent ranch, with its beautiful Aspen, Spruce and Lodge Pole Pine covered ridges, is adjacent to thousands of acres of the White River National Forest and borders both lands of the Bureau of Land Management and the Rifle Mountain Park.

Recreational opportunity abounds on all sides of the ranch. The world-renowned ski areas of Aspen, Vail and Beaver Creek are located within 70 miles of this pristine property. There are also 100 miles of snowmobiling and cross country skiing trails, most of which are groomed, within 1.5 miles of the upper property entrance. The ranch could easily be considered the entranceway to the notorious Flat Tops Wilderness Area. An extensive network of roads throughout the ranch offers everyone the opportunity to purchase their own piece of beautiful Colorado countryside. The topography of West Elk Ranch offers magnificent long-range views. Sopris Mountain, The Mamm Peaks and the Grand Hog Back are three of the most recognized ranges viewed from the beautiful building sites located throughout the property. The ranch provides an extremely valuable and pristine habitat for many species of wildlife, including big game species like elk, mule deer, black bear and wild turkeys. This area has one of the largest herds of elk in the entire state. For the avid fisherman, the ranch is strategically located between the Colorado River and the White River. Other recreational choices in close proximity are the Rifle Gap State Park, Harvey Gap State Park, Rifle Mountain Park and Rifle Creek Golf Course.

Buyers can purchase a single tract, any combination of tracts, or the entire ranch.

This is an OUTSTANDING OPPORTUNITY
TO OWN PROPERY AT YOUR PRICE!

5% Buyer’s Premium Added to High Bid

Directions

From Glenwood Springs take I-70 West for 10 miles to Exit 105 (New Castle). At the end of the ramp, turn right and cross over Hwy 6, then continue straight on Castle Valley Blvd. through the stop signs for 2 miles to a “T” intersection. Turn right on CR 245 (Buford Rd).
 
Go 1.1 miles and bear left, continue an additional 5.3 miles and road becomes Grass Valley Road (CR226). Make a hard right onto North Cut Off (CR 247). Go 2.5 miles and turn Left onto CR 245 . Go 6 miles to beginning of Property. Proceed 6/10 mile to lower road exit of Property and continue 1.3 miles to upper entrance of Property where auction staff will be located for preview.
 

Basic Terms & Conditions

 
PROCEDURE: Tracts 1-34 will be offered in individual tracts, in any combination of these tracts, and in its entirety. Any qualified registered bidder may bid on tracts, tract combinations, and the total property.
DEPOSIT: Successful bidders shall deliver on day of sale to Woltz & Associates Inc., 10% of the final contract sales price as an escrow deposit via cash, cashier’s check, or pre-approved personal check. A bank letter stating “____________, account number ________, is a customer of this bank in good standing” should accompany personal checks. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
SELLER FINANCING: Registered Bidders who have been approved for Seller financing prior to the auction will be required to pay a minimum down payment of 25% in cash (which includes the 10% deposit day of sale) and may finance up to 75% of the purchase price with an annual interest rate of 6.99%, amortized for 20 years with a balloon payment due at the end of year five (5).
MINIMUM BIDS: Some tracts show minimum bids “per acre”. Tracts will be sold by the “boundary”, which is the total acreage of the tract.
BUYER’S PREMIUM: A 5% Buyer’s Premium will be added to the final high bid price to determine the total purchase contract price (i.e. high bid $100,000 + 5% buyer’s premium = $105,000 as the purchase contract price).
REAL ESTATE TAXES: All real estate taxes shall be prorated at closing.
CLOSING: Tracts 12, 13, 14, 15, & 16 shall close on or before November 10, 2003 and all other tracts shall close on or before August 26, 2003, or as soon thereafter as Seller’s applicable closing documents are completed and can be scheduled with Stewart Title Company. Announcements on the day of the auction will state the projected closing date for each property.
POSSESSION: Possession of the property shall be given at closing.
PROPERTY INSPECTION: Each potential bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries, and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Please feel free to inspect any other time. Also, tracts are marked with surveyor’s corner markers along roadways and there are auction tract signs for your convenience. Please inspect each tract before bidding
AGENCY: Woltz & Associates, Inc. and its representatives are Exclusive Agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the Agreement to Purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS“ basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. All sketches, acreages and dimensions in this brochure and other information provided by the Auction Company are approximate. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, financial ability, etc. All decisions of the Auctioneer are final.
BROKER ASSOCIATION: This auction is being conducted in association with the real estate firm of Bain Hutzley & Leverich Real Estate Co., Ltd; 555 East Durant Street, Site 4A, Aspen, CO 81611. One of the principals in each of the partnership entities (Seller) is a licensed Colorado real estate broker.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. The auction sale begins at 12:00 Noon. Registration begins at 10:30 AM.

 

SOLD – Thousand Islands Auction

Clayton, New York
THOUSAND ISLANDS AUCTION
6 Valuable Properties Offered at Auction at the Clayton Opera House
Sold

Sale 1 – Tracts 1, 2, 4, 5, 6, 7

Fox Run – On the magnificent Palisades along the St. Lawrence

Fox Run37247 NY State Route 12E , Clayton, NY, 13624, Jefferson County. This incredible villa with its Italian influence will be offered with 27± beautiful acres. It includes the nationally recognized gardens and grounds accredited and included in the Archives of American Gardens at the Smithsonian Institute. Having been the focus of many magazine articles and stories, this home offers unmatched surroundings and is one of the most spectacular waterfront properties in the 1000 islands region. Waterfalls along a small stream, flowing fountains, stone sculptures, pebbled walking trails, quiet sitting areas all embrace the privacy of this exclusive estate. There is a wonderful secluded garden house that looks like a fairy tale palace offering a peaceful retreat within the grounds. The crystal clear water of the St. Lawrence River splashes on the shoreline for almost 765 feet helping secure its uniqueness. A 50’ boat dock offers easy docking and access to enjoy this one of a kind water wonderland. The home encompasses approximately 6,000 square feet of incredible space having a magnificent 945 sq. ft. entertaining room with 10 foot ceilings and floor to ceiling windows. From the home’s perch on the rock bluff, one is introduced to some of the most exciting views of the St. Lawrence River and the spectacular sunsets over Lake Ontario. The property will be offered in two tracts, one with the manor home and 22 acres, the other with 5.8 acres and the garden house. Both will have river frontage. Suggested opening bid $1,500,000 for Tract 1. Shown on Inspection Dates or by appointment.

Directions: From Clayton – West on Rt. 12E towards Cape Vincent 4.6 miles. Tracts 1 and 2 are on the right; Tracts 4 and 5 on the left; Tract 6 and 7 front on Pelo Rd. From Cape Vincent – 12E towards Clayton, go 10.3 miles.

Sales 1 and 2 – Tracts 1 thru 9

Fox Run Aerial Lion’s Head Aerial

Tract 1 – Fox Run – 22± acres
6000± sq foot Italian villa with 515± feet of frontage on the St. Lawrence River, nationally renowned gardens and incredible grounds, 50’ boat dock, big views of the river.

Tract 2 – Fox Run – 5.8± acres
240± feet of river frontage, a quaint garden house with beautiful arched windows overlooking the gardens and fountains which have been the centerpiece of many articles by national garden magazines.

Tract 3 – Lion’s Head 15.6± acres
5600± sq ft of beautifully finished space, 5 bedrooms, 4.5 baths, 5 fireplaces, huge outdoor stone patio, a swim
platform on the river, large garage and a detached timber frame barn/workshop with an upstairs loft area and 470± feet of river frontage perfectly blended with the existing conservation easement.

Tract 4 – 23.15± acres
Frontage on Route 12E. It is open, level hay/pasture land that would make a great recreational property or farming tract. The existing conservation easement allows for horse/cattle barns, farm buildings and related structures in addition to a residence of your size and design. Sold without Reserve.

Tract 5 – 97.95± acres
Long frontage on 12E just across from tracts 1-3. This is a great agricultural and recreational tract which has the same opportunities as tract 4 with the addition of owning 1/2 of a large duck pond which was installed with the help of Ducks Unlimited and the Corps of Engineers. Sold without Reserve.

Tract 6 – 29.2± acres
Frontage on Pelo Rd. This open, rolling tract has unlimited potential as a development tract, agricultural/ farming or recreational property. It is enhanced by having the property on two sides in a conservation easement. There are great tax benefits, both Federal and State, by placing this in a conservation easement. Please see the link to
the Thousand Islands Land Trust site for additional information. Sold without Reserve.

Tract 7 – 91.9± acres
Long frontage on Pelo Rd. A duck hunters paradise. This tract would be a wonderful recreational boundary which has the other half of the large duck pond mentioned in tract 5. This property is currently under a 30 year easement with the Natural Resource Conservation Service that has 28 years remaining at which time it becomes an unrestricted tract. Sold without Reserve.

Tract 8 – 33.8± acres
Frontage on Pelo Rd. This track has a beautiful 3 acre building envelope with the balance of the land being left in its natural state which is in a conservation easement. This property joins the NRCS easement with the duck pond/habitat. Sold without Reserve.

Tract 9 – 16.72± acres
Excellent home site. This remarkable waterfront parcel offers majestic views of the St. Lawrence River and Canada. Lovely meadow and cedar and hemlock woods. 507 feet of waterfront. Good frontage on public road but no driveway yet established. Protected by conservation easement.

Terms & Conditions (Sales 1- 6):

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 10:00 AM. Please bring a driver’s license for identification.
AUCTION SALE: Sale 1 – Tracts 4 thru 7; Sale 2 – Tract 8; and Sale 4 – Tracts 1 and 2 will be sold absolute to the high bidder. Sale 1 – Tracts 1 and 2; Sale 2 – Tract 3; Sale 3; Sale 5 – Tracts 1 thru 6; and Sale 6 will be sold subject to Seller confirmation of the high bid.
ALL SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its
condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
BIDDING: Qualified bidders may bid on individual tracts, any grouping of tracts or on the whole property as offered at the auction. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
AGENCY: Schrader Real Estate & Auction Company, Inc., (Rex D. Schrader, Broker NY#32SC1115028), Woltz & Associates, Inc. (Auctioneers) and their representatives REPRESENT THE SELLERS.
LEAD PAINT: Some of the residential property in this auction was built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. For property built prior to 1978, bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to: Menter, Rudin & Trivelpiece, P.C., Counselors at Law for Sale 2. For all other properties, checks should be made payable to: Schwerzmann & Wise, P.C. Personal checks will be approved subject to collection if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
REAL ESTATE DEED: The real estate will be conveyed by warranty deed or fiduciary deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before September 29, 2008 for Sale 3. Settlement is due on or before October 29, 2008 for Sales 1, 2, 4, 5 and 6. Property will be deeded to the registered bidder in the manner purchased at the auction.
BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to the survey for exact boundary locations of each property.
BROKER PARTICIPATION: A 2% Buyer Referral Fee will be paid to the appropriately licensed real estate broker whose prospect successfully closes on the property sold in this auction. The referral fee is based upon the actual purchase price and will be paid at closing from the proceeds of the sale. Brokers must strictly follow all guidelines set by Schrader Real Estate & Auction Co., Inc. and must be registered by 5:00 PM (EDT) Wednesday, August 27, 2008. Call Auction Company for details and Broker Registration Forms or download the guidelines and form (PDF format) .
GENERAL: The information contained in this brochure is subject to verification by all parties
relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.

Sale is being held in conjunction with Exit More Real Estate.