Live Real Estate & Personal Property Auction – Estate of Delbert Payne & Living Estate of Jo Jackson (webcast bidding available for Real Estate only)

Saturday, September 27, 2025 – 10:00 a.m.
21214 Floyd Moore Road, Gentry, Arkansas
Conducted by Paul Colvin Jr. AALB#1103/ Block Realty & Auction Management Group in partnership with Connie Callaway AALB#2673/ Callaway Auctions, Lucille Thomas AALB#1995 & Prime Real Estate & Development

Auction Overview

Don’t miss this Live, On-Site Auction offering a rare opportunity to purchase 24.93± acres, a spacious 2,528 sq. ft. home, multiple shop buildings, and valuable personal property. This auction is being held on behalf of the Estate of Delbert Payne and the Living Estate of Jo Jackson.

Vehicles, tractors, equipment, shop tools, antiques, household furniture, restaurant equipment, and collectibles start selling at 10:00a.m. Real Estate sells at 12:00 p.m. sharp. 

This property is conveniently located only 2 miles from Gentry city limits, making it ideal for country living, business opportunities, or hobby farming.

Real Estate Highlights

• 24.93 Acres – mostly pasture with a pond

• 2,528 sq. ft. home – 3 bedrooms, 2 baths, 2 living rooms, 2 fireplaces, carport, 4-car garage, in-ground pool

• Bonus room that could serve as a 4th bedroom (not included in sq. footage)

• Buildings & Shops:

  • 33x50 steel truss metal building w/ two 10-ft overhead doors & half bath

  • 32x48 steel truss metal building w/ three 8-ft overhead doors & one 9-ft door (all with openers)

  • 30x88 older shop building

• Utilities: electric, internet, public water, well, and 2 septic systems

Personal Property Highlights

Vehicles, Tractors & ATVs

• 1964 Chevrolet Short Wide Bed Truck (straight body – sold with reserve)

• Ford 3930 Tractor with Loader, 50hp, 1,033 hours

• 2004 CargoCraft Expedition 7x16 enclosed trailer

• Honda Foreman Rubicon 500 ATV

• 2021 Tao Motor Raptor 200 ATV (like new – only 17 miles)

• 2007 Club Car UTV 4x4, 675cc

• Kawasaki Mule 610 4WD UTV, 401cc

• Husqvarna YTH22V46 Riding Mower, 44" cut, 560 hours

• 2002 Kawasaki Voyager XII Motorcycle, 1200cc + Trike Kit (not running)

• Ariens 27-Ton Log Splitter

• Much more not listed

Farm & Ranch Equipment

• Agrix-X 6ft Brush Hog

• Leinback Line Post Hole Digger (3-Point)

• Hay Spears (single & double)

• Middle Buster, iron wheels, hand plows

• Tanks, feed tubs & More

Shop Tools & Woodworking

• Central Machinery 14x40 wood lathe

• Wen 12.5" thickness planer

• Pro Tech 10" bench saw, Kobalt 12" miter saw, Craftsman radial arm saw

• Router table, scroll saw, band saw, joiner/planer, spindle sander, air compressor

• Nail guns, drills, grinders, hand tools, ladders, chainsaws, shop fans, tool boxes & more not listed

Household & Furniture

• KitchenAid French door refrigerator

• Amana washer & dryer

• Wood dining set with 6 chairs, curved glass china cabinet

• King bedroom suite, recliners, grandfather clock, vintage sofa, attorney’s bookcases

• Quilting machine (Engler 144in – only 265 hours)

• Precious Moments figurines, Dale Earnhardt memorabilia, pencil sharpener collection

Restaurant Equipment (from Suzy Q’s)

• Taylor C706-27 ice cream machine (in very good condition--named Paul)

• Imperial gas double fryer, salad prep table, stainless steel sinks & prep tables

• Hamilton Beach malt mixer, commercial slicer, can opener, freezer, crock pots, grill

• Tray racks, utensils, signs, souvenirs, T-shirts, cups, coozies & more not listed

Directions

From Gentry, AR: Take Hwy 12 West 1.7 miles, turn right (East) on Floyd Moore Road. Auction is 1/8 mile on the left.
 

• Vehicles, tractors, equipment, tools, antiques, household, and restaurant items start selling at 10:00a.m. -10% Buyer's Premium

• Real Estate sells 12:00 p.m. – 10% Buyer's Premium  

• Announcements made day of sale take precedence over printed material.

Real Estate Auction Terms & Conditions

For information on the format of the auction contact Paul Colvin 479-790-5513.

1. Property is sold with a 10% Buyers Premium which will be added to the sale prive of the property.  If you bid $100,000, your contract price will be $110,000.

2. Anyone who can meet the conditions of cash at closing with no contingency of the sale is eligible to bid and purchase the property. This includes any and all Auctioneers, Real Estate Agents and Brokers, including family and friends of the Owner, Auctioneer, or Real Estate Broker.

3. In all Real Estate Auctions conducted by Block Realty & Auction Management Group, we represent the Seller in the Real Estate transaction.

4. The successful bidder will be required, upon conclusion of the auction to immediately sign an Arkansas Real Estate Purchase Agreement outlining the specific terms and conditions of the sale.

5. The successful bidder will be required, upon conclusion of the Auction, to immediately provide a Non-Refundable Deposit in the form of Cash, Cashiers Check, or Personal check in the amount of $25,000. Check will be deposited immediately to the Auction Company Escrow. Deposit is Non-Refundable if buyer fails to close for any reason, including failure to obtain financing.

6. This Real Estate Auction is an Undisclosed Reserve Bid Auction as defined by the National Auctioneers Association. The Seller will have the right to accept or decline the highest bid at the conclusion of the auction process. The seller retains the right to have others bid on their behalf, up to and including the reserve amount.

7.Closing date will not be later than 30 days from acceptance of the Real Estate Contract. The balance of the purchase price is due in cash at closing.

8. Buyer will pay all other costs necessary to close except for real estate taxes as stated in the separate contract. Seller will guarantee clear and marketable title.

9. Property is sold AS-IS. Seller shall furnish a General Warranty Deed free of all liens and encumbrances.

10. All taxes and special assessments currently due plus any prorated portion used by seller will be paid by the seller or adjusted at closing.

11. Real Estate Salesperson Acknowledgment:  Although not required, if a buyer has been working with a real estate agent the real estate agent must completed the Auction Bidder Reprsentation Form.  In order for the real estate agent salesperson to be compensated (2%), the Auction Bidder Registration Form must be submitted no later than 6am on the day of the auction (09/27/2025), and all terms adhered to.  A registered real estate agent can only represent one buyer at each auction event.  Registered real estate agent must attend all auction events with a live bidding component regardless of their bidder/buyer is bidding live in person on site or offsite bidding online and adhere to all terms.  

12. The conduct of the auction and increments of bidding are at the discretion of the Auctioneer. Any announcements made by the Auctioneer at the time of the sale take precedence over any previous notices.

13. Property is auctioned as a Cash sale. Buyers must have secured funds prior to bidding. Seller provides no guarantee of Appraisal or Condition.

14. Buyer must satisfy self of property condition prior to Auction and bidding process.

15. Buyer must also completely satisfy self of condition of any boundaries, easements, restrictions, covenants, conditions, or restrictions prior to auction bidding process.

Personal Property Terms & Conditions

Your bid is a contract to buy should you be the winning bidder.

10% Buyers Premium will be added to all purchases.  If you are the successful bidder, payment must be made by either cash, cashier's check, or credit cards "5% convenience fee applies" prior to taking possession of the item.  

Items will need to be picked up on the day of sale. If other arrangements need to be made, please contact auction company directly @ 479-790-5513.

By registering to bid you giving our auction company permission to text you about sales we are conducting.

No returns: All sales are final. There are no returns, refunds or adjustments.

Any debt collection or dispute proceeding will be heard in Benton County, Arkansas.

By bidding on any item, the bidder shows acceptance of the terms of the auction.

All announcements made prior to the close of the sale take precedence over any and all written or verbal statements.

All items sell as is with no warranty expressed or implied.

All descriptions are believed accurate but not warranted.
* Bidder inspection is encouraged.
* By placing a bid, bidder signifies that they have examined the items to their satisfaction, or that they have chosen not to personally examine them.

Block Auction reserves the right to reject any bid at our sole discretion.

Block Auction attempts to describe the merchandise to the best of our abilities however we make no representations of guarantees. In no event shall Block Auction be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose, nor shall we be responsible for any errors or omissions in the description of the merchandise.

Purchases of any item or items totaling over $1,000 will need to be paid for either by cash, cashier's check or wire transfer.  

Failure to pick up items: After winning the bid on an item, it is yours.  There are no refunds for abandoned items that are misplaced or left behind.