The Estate of Donald E Gibson
Online Only Auction
Bid NOW thru Tuesday, October 26th @4:30 PM
( Don't forget the personal property auction!)
Note* We will have staff on site the day of auction to help with online bidding if needed.
145 Acres offered in 13 Tracts or as a Whole!
Woods, Water & Pasture
Tracts Range in size from 3.57 Acres to 47.96 Acres
All less than 5 minutes to Paragould.
Meadow Lake
603 Greene 625 Road (Paved)
Tract 1 - 3.57 Acres County Road 625 Frontage, water and electric at the road. Great building spot close to town with that country feel.
Tract 2 - 3.95 Acre Tract with County Road 625 Frontage, Barn, electric and water meter. Great Building spot. There is a 40' electric line easement, which supplies the home on Tract 11 running through the tract. The electric service supplying the barn (Tract 2) and well house (Tract 10) will be shut off unless the buyer of Tracts 2, 10 and 11 are the same. The water faucets (barn and at gate) located on tract 2 is supplied by the well from tract 10.
Tract 3 - 3.79 Acre Tract with 625 Frontage, Electric and water at the road, this tract has a 40' Ingress/Egress Utility Easement on the east side (current chat drive), to supply tracts 9 & 10. Water meter in the 40' Ingress/Egress & Utility Easement belongs to tract 2.
Tract 4 - 4.02 Acre Tract with 625 Frontage, Electric and water at the road. This tract has a 40' Ingress/Egress Utility Easement on the west side to supply tracts 8.
Tract 5 - 9.06 Acre Tract with 625 Frontage, Electric and water at the road. This tract has a 40' Ingress/Egress Utility Easement on the west side to supply tracts 6, 7, & 12.
Tract 6 - 5.34 Acre Tract with an 40' Ingress/Egress and Utility easement. Utilities, Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract.
Tract 7 - 18.78 Acre Tract with Lake Frontage. There is a 40' Ingress/Egress and Utility easement. Utilities, Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract.
Tract 8 - 5.06 Acre Tract with Lake Frontage. There is a 40' Ingress/Egress and Utility easement. Utilities, Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract.
Tract 9 - 5.91 Acre Tract with Lake Frontage. There is a 40' Ingress/Egress and Utility easement. Utilities, Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract.
Tract 10 - 5.34 Acre Tract with Lake Frontage. There is a well on this tract, buyer will be responsible for running electric. There is a 40' Ingress/Egress and Utility easement. Utilities, Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract. The electric service supplying the barn (Tract 2) and well house (Tract 10) will be shut off unless the buyer of Tracts 2, 10 and 11 are the same.
Tract 11 - House on 8.62 Acre Tract, Boat Dock, 3 Car Garage with Lake Frontage. There is a 40' Ingress/Egress and Utility easement. Electric is running to the home; water is currently supplied by the meter on Tract 2. If this tract is purchased alone, the buyer would be responsible for running a new water line through utility easement on tract 1. Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract. The water faucet in the front yard is supplied by the well from tract 10.
Note on the House - The home was once the old Fish House for Meadow Lake, which was once a famous paid fishing spot. Don't worry, the smell is long gone. The home is now a 1 Bedroom, 1 Bath Gem! It is constructed of high-quality materials and has been completely refurbished. The large deck with outdoor kitchen and fireplace is a perfect spot to overlook the lake and watch the deer and turkey come out at the edge of the wood to take a sip or graze. There is also a covered front patio with an amazing view of the water.
Tract 12 - 47.96 Acre Tract with Lake Frontage. Want privacy? Heavily wooded with mostly large hardwoods. Talk about a home with a view. Great building spots sitting on a hill overlooking the lake. There is a 40' Ingress/Egress and Utility easement. Utilities, Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract.
Tract 13 - 24.00 Acre Tract with Lake Frontage. Also heavily wooded with mostly large hardwoods. Great building spots sitting on a hill overlooking the lake. There is a 40' Ingress/Egress and Utility easement that runs from tract 1 down the levee. Utilities, Easement maintenance and roadway surface will be the responsibility of the buyer and or buyers of tract.
**10% Buyers Premium Applies. ($20,000 on Tract 11 and $10,000 down payment per tract on all other tracts with a maximum down payment of $50,000)**