ABSOLUTE LIVE AUCTION

of the LATE WILLIAM RAMSEY ESTATE & MS. WANDA RAMSEY’S

347 ACRES M/L IN TRACTS

HOUSE & BARNS

SATURDAY, SEPTEMBER 18^TH @ 10:30 A.M.

WACO SECTION OF MADISON COUNTY

DIRECTIONS: From the intersection of the Bypass/Hwy 876 & Hwy 52, take Hwy 52 east approx. 8 miles Brassfield Rd. Proceed 1.8 miles to the property.  Auction signs are posted.

The Ramsey family has authorized our firm to sell this well located, highly productive farm at absolute auction.

TRACT 1 has 14.91 acres of all cleared land with 250’ frontage along Brassfield Rd. City water is available.

TRACT 2 is 14.09 acres of all cleared land with 250’ frontage along Brassfield Rd. City water is available. 

TRACT 3 contains 12.73 acres with 250’ frontage along Brassfield Rd. and is all cleared land.  This tract is improved with an older 2 story farmhouse that needs repairs.  This tract has a pond for stock water and city water is available.

TRACT 4 has 11.12 acres and is all cleared land with 250’ of frontage on Brassfield Rd.  This tract is improved with a barn and has city water available.

TRACT 5 contains 43.43 acres which is primarily cleared cropland with 250’ of frontage along Brassfield Rd. and can also be accessed by an easement.   City water is available.

TRACT 6 is the largest of the tracts containing 131.31 acres and is accessed by an easement.  This tract is primarily crop and pastureland.  It has a large pond for stock water.

TRACT 7 has 10.19 acres and is all cleared with 785’ of frontage along Brassfield Rd. It is improved with a barn and has city water available.

TRACT 8 is 43.20 acres which is all cleared crop and pastureland with 250’ frontage and city water available. It also has 2 ponds.

TRACT 9 measures 12.89 acres and is all cleared land with 250’ frontage along Brassfield Rd. and city water available. 

TRACT 10 has 10.47 acres with 250’ frontage on Brassfield Rd and city water is available.

TRACT 11 has 10.03 acres with 250’ frontage on Brassfield Rd. and city water is available.

TRACT 12 consists of 32.62 acres with 250’ frontage on Brassfield Rd.   This tract is also all cleared land with city water available.

NOTE: Tracts 1-5, 8 & 12 have a natural gas easement.

AUCTIONEER’S NOTE: Seldom do you have the opportunity to buy property of this quality at your own price.  If you’re looking for just a few acres or a large farming operation, you will want to check this property out. 

NOTE: The purchaser of a single-family residence built before 1978 has a maximum of 10 days to inspect the property of lead-based paint.  The period for inspections begins September 8th through September 17^th.   The successful bidder must sign a waiver of the 10-day inspection period.

MULTI-PARCEL AUCTION:  The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers.  This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price.

TERMS: 20% down due day of sale, with balance in 30 days with deed.

Danny Ford, Auctioneer