SPECIAL COMMISSIONER’S SALE

AUCTION

VALUABLE REAL ESTATE

Special Commissioner’s Sale

Wednesday, April 24, 2019

    11:00 A.M.  “ON SITE”                                         

 South Middle Road • Mt. Jackson, VA

85.66+/- Acres of Farm Ground (2 Parcels)

Auction

Valuable Real Estate

SPECIAL COMMISSIONER’S SALE

Pursuant to Decree of the Circuit Court of Shenandoah County, Virginia, entered on July 23, 2018 in that certain Chancery Suit styled Karl Jordan v. Peter J. Jordan, Civil Action No. CL17-152, the following real estate will be offered for sale to the highest bidder on

Wednesday, April 24, 2019

            11:00 A.M.  “ON SITE”                                                            

South Middle Road • Mt. Jackson, VA

85.66+/- Acres of Farm Ground (2 Parcels)

Directions/ Location:Rinkerton area of Shenandoah County west of Mt. Jackson, VA. Property entrance is on South Middle Road just south of the intersection of Orkney Grade.

Description: Two adjoining tracts of pasture and crop ground containing a total of 85.66+/- Acres. This property is improved by a large pole  barn, cattle waterer, well, electricity, 2 ponds, Mill Creek frontage, long state road frontage, is fenced and cross fenced and offers panoramic views.

Legal: Two adjoining tracts containing  a total of  85.66+/- Acres being further described in Deed Book 1759 Page 331; Tax Map # 079 A 104 {48.95+/- Acres}  and Deed Book 1449 Page 298; Tax Map # 079 A 107 {36.71 +/-Ac}.  This property is zoned Agriculture, Shenandoah A-1 and is currently in Land Use. Acreages are per recent survey.

TERMS OF SALE: A $25,000.00 Bidder’s deposit by cash or cashier’s check  at the conclusion of the auction. Balance due upon delivery of Deed within thirty (30) days of confirmation of the sale by the Shenandoah County Circuit Court. If the high bidder defaults, the deposit will be used to pay the reasonable sales expenses incurred,  any reasonable expenses of re-advertising, any loss ultimately suffered by the owners as a result of such default, and any additional damages to which the owners may be entitled by law.  Conveyance is to be made by Special Warranty Deed. Real estate taxes will be prorated as of the date of settlement and delivery of Deed. The property will be sold in an “AS IS” condition, subject to all rights of way and easements of record. Sale is in gross and not by the acre and is subject to confirmation by the Shenandoah County Circuit Court.  Both tracts will be offered as a whole only and not individually.

A 5% buyer’s premium to be added to the last and highest bid at this auction to establish the final sale price.

To inspect property and for more information contact the Auctioneer.

AUCTIONEERS:                                                            SELLERS:

Pangle Real Estate & Auction Co., Inc.                  Paul J. Neal, Jr., Esquire

933 S. Main St. • Woodstock, VA  22664                Special Commissioner   

Phone (540)459-2113                                         122 West High Street (P.O. Box 474)

pangle@shentel.net                                            Woodstock, VA  22664

VA. A.F. #272                                                  Telephone (540)459-4041

                                                                                        Richard Baugh, Esquire

                                                                                         Special Commissioner 

                                                                                         342 South Main Street 

                                                                                         Harrisonburg, VA  22801

                                                                                         Telephone (540)434-0316                                                                                                                                                          

I, Sarona S. Irvin, Clerk of the Circuit Court of Shenandoah County Virginia, do hereby certify that the above named Richard Baugh and Paul J. Neal, Jr., have given bond as required by Decree with corporate surety.

                                                            Sarona S. Irvin, Clerk

TERMS OF SALE: A $25,000.00 Bidder’s deposit by cash or cashier’s check  at the conclusion of the auction. Balance due upon delivery of Deed within thirty (30) days of confirmation of the sale by the Shenandoah County Circuit Court. If the high bidder defaults, the deposit will be used to pay the reasonable sales expenses incurred,  any reasonable expenses of re-advertising, any loss ultimately suffered by the owners as a result of such default, and any additional damages to which the owners may be entitled by law.  Conveyance is to be made by Special Warranty Deed. Real estate taxes will be prorated as of the date of settlement and delivery of Deed. The property will be sold in an “AS IS” condition, subject to all rights of way and easements of record. Sale is in gross and not by the acre and is subject to confirmation by the Shenandoah County Circuit Court.  Both tracts will be offered as a whole only and not individually. The parties mentioned above may have an interest in purchasing the farm, therefore they reserve the right to bid at the auction.

A 5% buyer’s premium to be added to the last and highest bid at this auction to establish the final sale price.

To inspect property and for more information contact the Auctioneer.