144 +/- Acres: 2 Adjacent Timber Tracts in Madison County, VA—101 & 43 Acre Parcels

From the Eugene L. Pulliam Revocable Trust:  2 wooded parcels of land totaling 144.823 +/- acres. 
Tract 1:  101.483 +/- acres; Tract 2:  43.34 +/- acres -- 50' Deeded Easement to the Property. 

NOTE:  Physical address is for GPS purposes ONLY.  Auction property is located near this address....watch for signs! 
Auction will be conducted off site at Reva Fire and Rescue, 18230 Birmingham Rd., Culpeper, VA 22701.
This Property Will Be SOLD to the HIGHEST BIDDER

SOLD!

From the Eugene L. Pulliam Revocable Trust (Charles W. Gilmore, Successor Trustee):  We have been contracted to market and sell these two timber tracts totaling 144 +/- acres to the HIGHEST BIDDER.  This property is zoned Agriculture and would be a great investment purchase.  Invest and buy what they are not making any more of.....Real Estate!!

Auction will be conducted off site at Reva Fire and Rescue, 18230 Birmingham Rd., Culpeper, VA 22701

  • Tract #1:  101.483 +/- acres (Tax Map:  16-20, IN:130001895; tax assessed:  $639,000)
  • Tract #2:  43.34 +/- acres (Tax Map:  16-20A, IN: 13001895; tax assessed:  $273,100)
  • Property is zoned "A" (Agriculture)
  • Only $200,000 Suggested Starting Bid!!

Need Financing for this property??  Please contact Tony Wilson for financing information (540-748-1359)

Although not required, if you have been working with a Realtor, please have them visit www.nichollsauction.com and complete the Realtor Representation form.  In order for the real estate agent to be compensated, forms must be completed and submitted no later than 5 pm on 4/16/19, and all terms adhered to.

Please preview the property at your leisure, and contact Tony Wilson for more information (540-748-1359).

TERMS:  $25,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30-45 days (unless prior written arrangements have been made by contacting Tony Wilson 540-748-1359 or tony@wilsonauctionco.com). Deposit must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc.  Pre-approved (no later than 5 pm on 4/16/19) broker participation is compensated. Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.

We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event.