PUBLIC AUCTION

MULTI-PARCEL REAL ESTATE INVESTMENT OPPORTUNITY

FRIDAY, AUGUST 15, 2025 at 2:00 P.M.

 By Order of The Court of Chancery

of The State of Delaware

RE: C.A. # 2022-0229-BWD – Kenneth F. Smith, Petitioner,

Gary David Webb & Jessica Webb, Respondents

 Parcels 1 & 2: 10667 Dupont Boulevard, Lincoln, Delaware - Sussex County Tax Parcel ID # 230-19.00-74.00 & 230-19.00-74.01: Situated on Dupont Boulevard, these adjoining parcels contain a total of 2 acres +/- of land. The parcels are improved with a two story single family dwelling, a metal shop building, and a storage building.

Parcels 1 & 2 will be sold together as a package.

 Parcel 3: Dupont Boulevard, Lincoln, Delaware - Sussex County Tax Parcel ID # 230-19.00-73.00: Situated on Dupont Boulevard, this parcel adjoins Parcel # 1 to the north. It contains 1.47 acres +/- of land, and is currently improved by a manufactured home which is not included in the sale, and is separately titled from the real estate. Seller makes no representations or warranties as to the ownership or habitability of the manufactured home.

 Terms: Parcels 1 & 2: $ 30,000 deposit on day of sale with cash or certified funds payable to Moore & Rutt, P.A., the balance to be paid within 21 days following the auction date, with cash or certified funds payable to Moore & Rutt, P.A.

Parcel 3: $ 15,000 deposit on day of sale with cash or certified funds payable to Moore & Rutt, P.A., the balance to be paid within 21 days following the auction date, with cash or certified funds payable to Moore & Rutt, P.A.

All Parcels: A 3% Buyer’s Premium will be added to the final hammer price. Prospective bidders must present the initial deposit in cash or certified funds at the time of registration. Trustee shall prepare and deliver the deed. Purchaser and Seller shall split the Delaware 2 1/2% State Realty Transfer Tax and the 1 1/2% Sussex County Realty Transfer Tax. Purchaser shall pay any and all other closing costs, property transfer tax and fees. If the above terms are not complied with, the down payment shall be forfeited. This property is being sold AAs Is and Where Is@ with no expressed or implied warranty. Buyers are solely responsible for their own due diligence. Announcements made the day of sale take precedence over any printed material. Sale is subject to confirmation by the Court of Chancery of the State of Delaware, in and for Sussex County. Trustee shall make a return of sale within 30 days following the date of sale. Absent an objection to confirmation, the sale will be deemed confirmed without further Order by the Court after fourteen (14) days following the Trustee’s Return of Sale.

 NOTICE TO CREDITORS: Any person or entity having or claiming any lien or encumbrance against the estate, or interest of any of the parties entitled to the shares in the premises to be sold, must present their claim to the Trustee or file same with The Court of Chancery of The State of Delaware, within 14 days following the Trustee’s Return of Sale, or such claim will be deemed to have been abandoned.  

Court Appointed Trustee:

James P. Sharp, Esquire

122 W. Market Street    P.O. Box 554

Georgetown, DE 19947 - (302) 856-9568

Auctioneer’s Note: Mark your calendar and don’t miss this Real Estate Investment Opportunity. Contact our office, or visit our website for more information.                           

Wilson’s Auction Sales, Inc.

“Proudly Serving Our Customers For Over Half A Century”

Dave Wilson, Auctioneer & Sales Manager

Wade Wilson, Auctioneer & Customer Service Representative

(302) 422-3454   Fax (302) 422-0462   www.wilsonsauction.com