This property is a rare find! Located near Sidney, Arkansas in Sharp County. This 6.82 acre (M/L), parcel is loaded with plenty of things that homesteaders love. There is an older stick built home on the land that measures roughly (28X38) and has what appears to be Cedar walls, ceilings, and hardwood floors. The house needs some work but would be worth fixing up, and with the parcel being unrestricted you could live in an RV, camper, or cabin while doing the repairs. The home consists of a front porch, living room, dining room, two bedrooms, kitchen, and back porch. The house is a single level dwelling with no basement.
Also on the parcel is a stick built barn measuring roughly (40X30) and appears to be in good condition but could use a few small repairs. The barn has several sections in the bottom level for feed, livestock, and storage, as-well-as a large loft. Just past the barn is concrete, inground root cellar (as seen in the photos). Down the hill from the home, close to the South-West fenceline, is a freshwater spring that was steadily flowing when I was there. There are an older spring house and pressure tank near the spring, but I do not know the condition of either. There is also a creek that flows across the back of the property, but the new owner would need to have a survey done to verify that it is part of the property. Electric is available right at the road as-well-as rural water.
Lease/Purchase: $400 per Month with $5,000 Down payment. Total purchase price: $44,900.
No credit checks, no prepayment penalties, and no balloon payments!
To get started all that is needed is the Downpayment in addition to first months payment due together. Then the payments are just the monthly payment.
*All of the payments paid the first year, including the down payment and any extra money paid, will be subtracted from the sale price with no interest ( after the first year interest is just 9.75% FOR LAND & 8.99% FOR HOMES ). After three years of payments being paid as scheduled (or 25% of the sale price has been paid off), this agreement will become a Purchase Contract or a Deed with note and Deed of Trust (Buyers’ choice). Upon completion of the contract, the buyer will receive a special warranty deed.
These are the Restrictions Specific to Homestead Crossing Inc:
Cash (In person only. Do not mail cash payments!)
Cashier's Check, Money Order, or Wire Transfer
Pay with credit/debit card
Payment can be made online through our website or wire transfer