Bankruptcy Auction | 241± Acres in Bradford County, PA

By order of the US Bankruptcy Court District of NJ, Chapter 11, Case No. 17-19763 (KCF)

Outstanding opportunity for recreational, hunting or investment, this 241 acres in the Northern Tier of Pennsylvania is 15 miles north of Towanda off Rt. 187 and south of Nichols, NY. Located in Bradford County, situated in Windham, Orwell and Rome Townships, this mostly wooded/brush cover provides lots of good habitat for wildlife.  The north side of the property had a previous stone quarry which is has been reclaimed, backfilled and established seeded growth. Final reclamation for release of DEP bond needs to be completed as scheduled for the spring of 2019.  Oil, Gas & Mineral rights are sold with the property.  Other improvements include a substantial stone access driveway to the former staging and quarry area, roadside gates, and there is an electric meter and well on the property. Property contains frontage on both sides of the road.  Great potential for hunting, recreation or build your dream home!

Auction Date: Saturday, May 4, 2019 at 12:00 NOON EST

On site Preview: Saturday, April 13, 2019 10:00 AM -12:00  NOON

Property Location: 238-292 Merry Go Round Road, Rome, PA 18837

Auction Location: Towanda Fairfield Inn and Suites, 1248 Golden Mile Rd (Rt. 6), Towanda, PA 18848

***Online Bidding will also be Available

In Cooperation with: Warner Real Estate & Auction Company

By order of the US Bankruptcy Court District of NJ, Chapter 11, Case No. 17-19763 (KCF)

Outstanding opportunity for recreational, hunting or investment, this 241 acres in Northern Tier of Pennsylvania is 15 miles north of Towanda off Rt. 187 and south of Nichols, NY. Located in Bradford County, situated in Windham, Orwell and Rome Townships, this mostly wooded/brush cover provides lots of good habitat for wildlife.  The north side of the property had a previous stone quarry which is has been reclaimed, backfilled and established seeded growth. Final reclamation for release of DEP bond needs to be completed as scheduled for the spring of 2019. Oil, Gas & Mineral rights are sold with the property.  Other improvements include a substantial stone access driveway to the former staging and quarry area, roadside gates, and there is an electric meter and well on the property. Property contains frontage on both sides of the road.  Great potential for hunting, recreation or build your dream home!

Visit our Tranzon website to download the Property Information Packet!

Terms: 10% Buyers Premium, Sale Subject to US Bankruptcy Court Approval,Settlement is to be Within 10 days of United States Bankruptcy Court Approval, Property sold AS-IS, No Contingencies

In Cooperation with: Warner Real Estate & Auction Company

Buyers Premium: 10% Buyers Premium based on the high bid.
Closing: Sale Subject to US Bankruptcy Court Approval,Settlement is to be Within 10 days of United States Bankruptcy Court Approval
Deposit Amount: 10% deposit with a minimum deposit of $25,000 in guaranteed funds.
Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.