Land’s End Estate Auction

Auction Information

Sherry Hinze

Friday, Oct. 9 @ 9 AM

Auction Notes

The Land’s End Estate, also know as the James Robert Alexander House, will be sold at auction to settle Mr. Alexander’s estate. It was built in 1925 and listed on the National Register of Historic Places on Jan. 27, 1999.

The words “once in a lifetime” are used too often when describing real estate, but this estate has never been on the market since it was built nearly 100 years ago. Designed in a Tudor Revival style by architect John Parks Almand, who is known for his design of Little Rock Central High School and the Art Deco Medical Art Building in downtown Hot Springs.  Stones for the home were personally selected by Mr. Almand from Pinnacle Mountain near Little Rock.  Double doors featuring stained glass lead into the entry of the home highlighting a circular staircase.  Other elements in the home include oak paneled walls and plaster ceilings carved by a European artisan commissioned by the architect.  The interior maintains much of the original craftsmanship and charm. The drive up the house is famous around the region for the perfectly planted 120-year-old pecan trees that create a tunnel of branches to welcome you home.

Tract A (21.61 AC +/-) — 5.408 square foot house, garage with 768 square foot guest quarters, 30′ x 60′ shop building with three (3) roll up doors, two (2) paddock areas with new four board fencing and run in sheds

Tract B (20.27 AC +/-) — Pasture ground with fencing

Terms
Sale subject to approval by Pulaski Co. Circuit Court Probate Division. 10% Buyer’s Premium. You must provide proof of availability of funds to register. Earnest money in the amount of $25,000 on Tract A and $5,000 on Tract B is due day of the auction and must be a cashier’s check made out to Thomas Blackmon Realty. Closing within 30 days. Announcements made day of sale take precedence over printed material.

Agency
Bidder acknowledges that Thomas Blackmon Realty Inc. (“Listing Firm”) and all licensees associated with Listing Firm entities are the agents of the Seller and that it is the Seller who employed them, whom they represent and to whom they are responsible. Bidder is responsible for payment to any real estate agent or broker or any other entity retained by Bidder in connection with this transaction and Bidder will hold Seller harmless from and against any commission, fee, or other amount due or claimed to be due to any such entities.

Inspection & Repairs
The sale of the property is made strictly on an “AS IS, WHERE IS, WITH ALL FAULT BASIS.” Bidder agrees that they have been given the opportunity to inspect the property and they are not relying on warranties, representations, or statements of the Seller or Seller’s Agent as to the condition of the property. Bidder accepts the property and buildings in their present condition and agrees to voluntarily waive and decline any right to require repair of the property.

Seller Property Disclosure
Bidder has not received and does not desire from the Seller a written disclosure concerning the condition of the property. Bidder is strongly urged by Listing Firm and Selling Firm to make all independent inspections deemed necessary prior to signing the Real Estate Contract.

Survey
No survey shall be provided by Seller. Any existing survey provided by Seller will be for informational purposes only.

Title Requirements
Seller shall furnish, at Seller’s cost, a standard owner’s policy. Seller shall have a reasonable time to cure any objections. If a loan is secured for the purchase of the property, Bidder agrees to pay mortgagee’s portion of the title policy.

Lead-Based Paint Risk Assessment
Buyer has been informed that improvements on the property may have been constructed prior to 1978 and may contain lead-based paint.

Personal Property will be sold Oct. 23-25 by Roy Dudley Estate Sales

LOCATIONS

Arkansas Auction Complex
Blackmon Auctions
425 Blackmon Road
Lonoke, Arkansas 72086
FAX 501-676-0218

Oklahoma Auction Complex
Blackmon Auctions
2801 South 32nd Street
Muskogee, Oklahoma 74401

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