Bid4Assets Auction 427970 : **Single Family Residential - Fixer-upper

Drew County was formed in 1846 and named for Thomas S. Drew who served as Governor of Arkansas from November 1844 to 1849. Monticello is the county seat with a population of around 9,146. Monticello, located 15 miles from the Mississippi Delta in the rolling hills of Southern Arkansas, serves as the retail medical, and cultural center of Southeast Arkansas. Pine Bluff City is just 43 miles north east of Monticello.

Many of the settlers came from Virginia. Spanish, French, U.S., Confederate and Arkansas flags have flown over the territory in Drew County. The Historical Museum, a 14-room mansion is maintained by the county historical society. Sixty of its buildings are on the National Register of Historic Places. The economic base for the county is the timber industry, manufacturing of boats, carpets, furniture, and by other service industries. A branch of the University of Arkansas is located in Monticello. Bayou Bartholomew, the longest bayou in the world, runs the length of the eastern side of the county. Hunting and fishing in the area offer several recreational activities. As of the 2000 census, Drew County had a population of 18,723 residents.

Constructed for future use as a reservoir, the lake currently offers a place to water ski, jet ski and relax only minutes from downtown Monticello. Tucked away within the pine trees in the northwest quadrant of the county, the lake was created with the damming of one of the area's many creeks. Monticello is a city water-supply lake that is rapidly gaining a national reputation as a trophy bass lake. A recent catch was documented as the fourth-biggest largemouth ever caught in the stat e the 1,520-acre lake that is rapidly gaining a reputation as a trophy bass lake. Picnic area, concrete boat ramp, on-site bow range and model airplane airport. Entrance off Ark. 35 west of Monticello

This Property is in the south east part of the city of Monticello, Arkansas. Property has not been visited by the seller. County information is all that is provided.

** Legal Description: PT SE 1/4 SE 1/4 Monticello Unplatted Section: 35

Township:12S Range: 7W Acreage: 0.14

** Location: 944 Cedar Hill Street, Monticello, Arkansas. 72117

** Dwellin 728 sq. ft. Framed enclosed porch 54 sq. ft. Built 1986 1 Bath/Bedroom unknown

Asphalt Shingle

** Lot Size: 0.140 acres

** Zoning: Single Family Residential

** Taxes: Est. 75.00

** Utilities: Are in the lot ( must call county)

AUCTION TERMS: Payable at the end of the auction: Lot price plus, Closing Cost & Document Preparation Fees $395.00, plus 10 % Buyer's Premium

with a minimum of $120.00.

You can pay with a Bank Cashier's Check, or by Money Order. Payment must be received within 3 days of the close of the auction. Please contact seller with in 24 hours after the auction of how you will be paying.

Do not bid if you have no intentions of following thru with this transaction, as Bid4assets non-paying bidder policy will be strictly enforced. Properties are sold "as is where is" with any and all faults. There are no warranties expressed or implied. Please conduct your own Due Delinquence and inspect property before bidding as we do not do surveys, appraisals, perk test, title search, or ect. Please ask all questions prior to bidding.