“Home to Numerous Country Music and Entertainment Stars”

3501 Bailey Road
Near the Intersection with Floyd Road
Franklin, TN

Saturday, July 11th, 2009 - 10:30 AM Central Time

SALE TO BE CONDUCTED ON SITE

AVAILABLE BANK FINANCING

• UP TO 75% FINANCING AVAILABLE

• FIXED INTEREST RATES UP TO 25 YEARS

• RATES AS LOW AS 4.5%

FOR MORE INFORMATION, PLEASE CONTACT:

NATHAN PERRY, FARM CREDIT
(931) 388-2591

• Ideally located in the heart of Leiper’s Fork
• Over 3,500’ of Road Frontage along Bailey Road
• Numerous building sites with long range mountain views
• Excellent Development Tract or Personal Estate
• According to Forbes Magazine, Williamson County is ranked 16^th in the nation for wealthiest counties.  Please follow the link for details: http://www.forbes.com/2008/01/22/counties-rich-income-forbeslife-cx_mw_0122realestate_slide_17.html?thisSpeed=15000
• The Williamson County School System consistently ranks high as being one of the top school systems in the state of Tennessee.  Please follow the link for details:  http://www.williamsoncounty-tn.gov/index.aspx?NID=668

Utilities Available:  

Electricity – Middle Tennessee Electric Corporation has overhead power lines that currently run parallel with Bailey Road and could serve the subject property.  Cost associated with tying into existing lines is dependant upon the type of improvements constructed and the associated usage requirements. 

For more information regarding electric service, please visit http://www.mtemc.com/

Water – Currently, HB & TS Utility District provides an 8” water line that ends just east of the subject property on the south side of Bailey Road and adjacent to Beechwood Plantation.  The cost of extending the water line is estimated to be $30 - $40 per linear foot.  However, final cost would be dependant on water needs of whatever development took place on the property.

Sewer service is not available.  Estate zoning establishes guidelines that any development is to be served by septic systems. 

Zoning:  E (Estate Zoning) 

Estimated Real Estate Taxes: Annual Williamson County Taxes Approximately $362.17

Property is currently in the Greenbelt Program

Taxes to be pro-rated upon closing

Schools:
Elementary - Hillsboro Elementary
Middle - Hillsboro Middle
High - Franklin High

Offered in Conjunction with McArthur Sanders Real Estate

Contact Tom McArthur - (615) 370-4663

Terms: Successful bidders will deposit 10% of the purchase price and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF CHANCERY COURT CONFIRMATION TO BE HELD ON JULY 20 AT 9:00AM. NO EXTENSIONS AVAILABLE.  LAST DAY TO CLOSE WOULD BE MONDAY, AUGUST 10, 2009.

Directions: Traveling south on I-65, take exit #65/Franklin/Murfreesboro.  Turn right on Murfreesboro Road and travel 2.8 miles into downtown Franklin.  Turn left on to Bridge Street (which turns in to New Highway 96W) and travel for 5.1 miles.  Turn left on to Old Hillsboro Road (TN-46) and travel for 4.6 miles.  Turn left on to Floyd Road and travel 1.8 miles.  Bear left at stop sign on to Bailey Road and travel 7/10 mile to auction location on left.

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