Location: 505 Jump School House Road, Felton, Delaware. Traveling on US-13 in Felton, Delaware, turn West at the light onto DE-12. Proceed 5.8 miles & turn right onto Spectrum Farm Road. Continue 2.2 miles and turn right onto Jump School House Road. Continue 3/10 mile to farm on left and right. Signs Will Be Posted.
Parcel # 1: Situated on the West side of Jump School House Road, this parcel contains a total of 97.7 acres +/- ,with 57.7 tillable acres +/- improved with a 13,000 bushel +/- grain bin, 39 acres +/- of wooded land surrounding the clear acreage, and a 1 acre +/- residential subdivision improved with a single wide mobile home, 20' x 40' pole building, 16' x 16' utility shed and garden shed.
Parcel # 2: Located directly across from Parcel #1 on the East side of Jump School House Road, this parcel contains a total of 54.7 acres +/-, with 52.7 tillable acres +/-, and two 1 acre +/- residential subdivisions, each of which is improved with a spacious double wide manufactured home, 10'x10' storage shed, one year old 4 bedroom septic system and 4" water well.
Parcels # 1 & 2 Combined: This attractive farm contains a total of 152.4 acres +/-, with 110.4 acres +/- tillable, 39 acres +/- woodland, and three 1 acre +/- residential subdivisions with improvements as described above. It is an excellent hunting farm, and would be ideal for a race horse training facility. Located only 13 miles from Harrington Raceway and 22 miles from Dover Downs, the level topography is conducive to the construction of buildings, and there is plenty of woodlands and open fields for horseback riding. A Forest Stewardship Plan developed by the State assists with understanding the exceptional value of this farm and its 39 acres of woodland. The Kent Conservation District just completed a water management project on the property resulting in approximately 4,800 feet +/- of new and/or regraded drainage ditches. The property is in the State of Delaware Farmland Preservation Program, and the development rights have been sold to the State (affords very low property taxes and no transfer tax). Please note that this nutrient rich farm, complete with 3 cozy homes and a valuable grain bin, currently earns income of nearly $50,000 per year.
Kent County Tax Map Parcel # SM-00-13500-01-0900-00001
Call our office today for more information or to schedule your private showing.
Real Estate Terms: In the event the property is sold as an entirety, purchaser shall pay $50,000 down payment day of sale with cash or certified check made payable to Wilson's Auction Sales, the balance to be paid within 60 days. In the event parcels are sold individually, purchaser(s) shall pay $25,000 down payment per parcel day of sale with cash or certified check made payable to Wilson's Auction Sales, the balance to be paid within 60 days. Purchaser to pay all cost of examination, preparing and transferring the deed. Purchaser shall pay any and all other property transfer tax and fees. If the above terms are not complied with, the down payment shall be forfeited. Seller reserves the right to accept or reject any and all bids, but it is their intent to sell the property. This property is being sold "as is and where is" with no expressed or implied warranty.
Announcements made the day of sale take precedence over any and all other statements and advertisements.
Auctioneer's Note: Visit our web site to view several color photos of this property. Mark your calendar, and plan to attend as this is an excellent opportunity you do not want to miss.
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