Prime Farmland & Hunting Land Auction Tallulah, LA
Madison Parish, LA Farmland & Hunting Land For Sale at Auction
Prime Farmland Auction, Madison Parish, LA
848.74+/- acres to be auctioned, Sat. July 29th 10am at Tallulah Country Club 762 Old HWY 65S, Tallulah, LA. Class 1 agland and some great hunting tracts.
Maps, FSA Documents, & Disclosures located under the documents tab.
Tract 1- 460.37+/- acres of mostly irrigated, highly productive crop land along HWY 603 East. T-16N-R13E Sec. 37-38, T-15N-R13E, Sec 1, 89, 90 Madison Parish, LA. This property has highway frontage, deep well irrigation, and consists of mostly commerce silt loam with some shaky clay and has a high FSA yield history. The crop rent is $200 per acre per crop year. 2”-6” electric irrigation wells.
Tract 2- 165.91+/- acres of irrigated, highly productive, cropland on HWY 602 East, T16N-R13E, Sec. 23, 25, 26, Madison Parish, LA. This agland tract has bayou and highway frontage, 2 deep wells for irrigation, and is 98% commerce silt loam. It has a high FSA yield history and the crop rent is $200 per acre per crop year.
Tract 3- 145.09+/- acres of hunting, timber, and CRP, with a good duck hunting lake. This tract can be accessed from HWY 602 or I-20. Location is T16N-R13E, Sec. 23, 25, 26 Madison Parish, LA. IT has 35.8+/- acres of CRP with some annual income on it. A portion of “Sip” Lake is on the property that produces an abundance of ducks. This tract also produced 3 pope and young class bucks in the 2016 hunting season, 171”, 151”, and 144” deer were taken with bow on this tract and tract 4. Please see the “TERMS” tab about first right of refusal.
Tract 4- 77.37+/- acres, located adjacent to tract 3 and not of I-20 is accessed off I-20, T-16N-R13E, Sec. 23. It holds the same deer herd as tract 3, and has some fairly decent timber. This would make an ideal small family tract. Both tracts 3&4 are adjoining large timber holdings that produce good deer herds.
Tract 5- Combination of tracts 2&3 agland and hunting tract (311.0+/- acres)
Tract 6- Combination of tracts 3&4 both hunting tracts (222.46+/- acres)
Tract 7- All tracts 2-3-4 ag & hunting tracts. (388.37+/- acres)
50% minerals to convey.
2017 Crop Rent will not be pro-rated.
For more information call Barbara Bonnette or Chris Lemoine at 318-443-6614.
REAL ESTATE TERMS & CONDITIONS
REGISTRATION: In order to register at the live auction you must have a bank letter of guarantee, or a pre-approval letter from a finance company.
BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.
DEPOSIT: 10% down day of auction. Balance due at closing on or before 45 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.
FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.
DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818
TAXES: Taxes will be pro-rated.
ONLINE BIDDING: If any bidders are interested in participating online bidding you must wire in $100,000 deposit in order to register. This must be done no later than 24 hours prior to auction. If you are not the successful bidder on the property, it will be refunded following the auction.
TRACT 3: Buyer of Tract 3 will have right of 1st refusal to purchase the 40 acre tract of recreational land from Mr. Dahlhauser that is situated NE of Tract 3 and South of I-20.